The Future of Payments: Biometrics Within the Financial Ecosystem
Enabled by huge advances in technology, our evolving payments landscape has accelerated on a global scale. Post Covid-19, there was a hastened and unprecedented shift toward digital payments and open banking. Yet, the pandemic spotlighted the need for robust consumer protections and quick adaptation to new technologies. While payments were previously centered around transferring funds, today’s companies are focused on reinventing the customer experience, easing the financial impact of globalisation, and facilitating better online business management.