Global Security Mag: Fear of contactless fraud leaves UK consumers demanding more secure payment methods

Although contactless payments are one of the UK’s greatest banking innovations, research from IDEX Biometrics ASA has revealed that consumers are still highly concerned about the threat of contactless fraud. In fact, more than three-in-five (63%) UK consumers are worried that their contactless payment cards could be used fraudulently. As a result, UK consumers are ready to welcome the introduction of biometric payment authentication to secure contactless transactions.

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