Securing Mobile Payments with Biometric Authentication

March 31, 2016 | State of the Market Report

There has been a lot of hype in mobile payments, with new products from major companies like Apple and Samsung, coming online in recent years. While analysts predicted fast growth in 2015, the actual results have been lagging. To counter slower than predicted growth, companies are beginning to add biometrics which would add security and usability for users while improving cooperation between different players in the mobile payment ecosystem chain. In this report we look at the best biometrics to include for three different types of payment use cases.

Coverage Areas

  • Digital Transformation
  • Emerging Ecosystems in Agrifood and Health
  • Sensors

Table of Contents

  • Title page
  • Table of Contents
  • The Current Mobile Payment Landscape
  • Barriers to Mobile Payment Adoption
  • Biometrics to Improve Security and User Experience
  • Analysis
  • Payment industry outlook

Lead Analyst

Tiffany Huang
Research Associate

Contributors

Pallavi Madakasira
Jonathan Melnick, Ph.D.
Categories Biometric Sensors, Security Sensors
Related companies Samsung, Barclays Bank, Motorola, Wells Fargo and Company, LG Electronics, Bank of America, JP Morgan, Huawei Technologies, BNP Paribas, Apple, HSBC, Walmart, Nuance Automotive, Visa, Mastercard, Sonavation, Kerv, Eyeverify, IriTech, Biocatch, Verifone, American Express, PayPal, Amazon

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