94 mobile payments startups raised a total of $287m last year, CB Insights CEO Anand Sanwal tells The Mobile Wallet Report. Also, Jordan is getting ready to launch a national mobile payment platform and BLE beacon interest runs high at the NRF Big Show.
Fingerprints, voice prints, palm vein patterns, face recognition and iris scans are all now being tested for verifying a consumer’s identity for payments at the point of sale and to protect access to mobile wallets, online commerce, mobile banking applications, individual apps on a device and physical locations. We take an in-depth look at the latest developments.
Amazon pushes into payments, PayPal details the technology it will be using to enable customers to make payments at Discover merchants, and Loop unveils a mobile payment solution that works with standard magnetic stripe terminals and uses NFC technology to secure users’ card data.
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