The Future of Credit-Card ID Verification

As companies change how they verify identities, Europe offers a glimpse of what’s to come

Credit-card companies, banks and vendors are changing how they verify consumers’ identities. Passwords and PINs could become less important. Biometric analysis could become the norm.

The proving ground for the latest in payment technology is Europe, where a new law could encourage greater use of biometrics in a bid to reduce burgeoning payment fraud.

SOURCE: https://www.wsj.com/articles/the-future-of-credit-card-id-verification-1537754760

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