Biometrics, Banking and Transformation at Money20/20 Europe 2017

Money2020 Europe

This week saw the return of Money20/20 –  the world’s largest and most popular fintech event.

The European conference in Copenhagen attracts the brightest and best in the fintech landscape, from young tech challengers to established financial institutions.

Biometrics proved more prevalent than ever this year, along with crucial debate on the transformation happening in banking right now.

Read on for our highlights.

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Five Minute Biometric Breakdown: From Rollercoasters to Air Travel

Biometric rollercoaster authentication

As ever, the world of biometrics and its many applications is fast moving. This week several stories caught our eye – read on to get up to speed with the week.

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Can We Overcome The Biometric Knowledge Gap?

In our last post, Financial IT’s Top 50 FinTech Start-Ups, we discussed the rising interest in biometric technology for protecting payments, with Mastercard leading the field of big brands looking into the prospects. This week, in collaboration with the University of Oxford, Mastercard has released a study confirming consumer appetite for mobile biometric authentication is “undeniable”, however, the interest of consumers is at odds with the abilities of the banks. Read more