The number of mobile payments authenticated by biometrics is expected to triple to nearly two billion globally this year, up from just over 600 million in 2016.
Voice and facial recognition is gaining ground as a major security measure, with more than 600 million mobile devices expected to be using the technology around the world by 2021, according to a new report by Juniper Research.
Smartphone enabled tap and go usage for transactions will take off in Australia over time, according to a senior partner from professional services firm Deloitte which has just released its study on the latest trends in the Australian mobile consumer market, including the growing shift to biometric smartphone security.
I wouldn't mind that speed
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