Biometric Update: Biometric payment card market outlook buoyed by abrupt turn to contactless in the US
When last Biometric Update spoke to Idex Biometrics CEO Vince Graziani, he was fairly new to the position, and speculation was rife that the pandemic would accelerate the momentum towards contactless payments, boosting the case for adopting fingerprint biometrics in payment cards. That speculation has been borne out, and nowhere in the world have contactless payment increased more than in the U.S.