HomeBankingMastercard taps Japan’s NEC to roll out biometric checkouts across APAC

Mastercard taps Japan’s NEC to roll out biometric checkouts across APAC

Date:

Tapline Secures Funding to Enhance Digital Finance Solutions

Revolutionizing Digital Finance Platforms with Innovative Funding StrategiesHighlights: Tapline...

Highnote Secures $90M in Funding to Expand into Merchant Acquiring

Transforming Payments: How Highnote's New Funding Enhances Merchant ServicesHighlights:...

Rising Trend in Cash Withdrawals: Insights from Nationwide

Understanding the Factors Behind Increased Cash Usage and What...
  • NEC Leads Mastercard Biometric Checkout Expansion
    • NEC Corporation is driving the expansion of Mastercard’s Biometric Checkout Programme in the Asia Pacific (APAC) region.
    • Partnership with Mastercard
      • NEC and Mastercard have signed a Memorandum of Understanding to integrate NEC’s face recognition and liveness verification tech into the program.
    • Program Overview
      • Launched last year, the program authenticates in-store transactions using the payer’s smile or hand, addressing security, biometric performance, data protection, and privacy.
    • Showcasing at Singapore Fintech Festival
      • The technology is being showcased at the Singapore Fintech Festival.
      • Consumer Engagement
        • Mastercard’s research indicates that 82% of APAC consumers already engage with at least one form of biometrics.
    • NEC’s Biometric Authentication Suite
      • NEC’s Bio-IDiom brand includes face, iris, palmprint, finger vein, voice, and ear acoustic recognition.
    • Benefits for Adopters
      • Adopters of the NEC-enabled program can expect shorter lines, increased security, more hygienic conditions, and support for integrating loyalty programs for faster, more tailored offers at purchase.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories