MSE News: Mastercard to verify payments by selfies or fingerprint scans... 24 January 2018 at 3:40PM edited 25 January 2018 at 12:00PM in Credit cards 33 replies 3.7K views

Former_MSE_Megan_F

Mastercard users will be able to verify their identity using fingerprint scans or facial recognition when they pay for something online next year...

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'Mastercard to verify payments by selfies or fingerprint scans from next year'

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dekaspace

Sure, I want a log of my fingerprints and photos online that people can access at any time right.

aj23_2

This is communist economics, information gathering.

oldagetraveller

No way Jose! I'm out.

Shakin_Steve

Calm down:

You will be able to choose if you want to use facial recognition or fingerprint verification, and you will still be able to authenticate payments by using passwords, but Mastercard says evidence suggests the vast majority of customers prefer biometrics.

T-G-C

More data collection about its customers, which is fantastic for real-time security enhancement on their network and modernizing their technological infrastructure.

However, the current security standards for normal personal transactions are usually sufficient enough to prevent most cases of fraud (excluding cardholder negligence etc.) and there is no guarantee that Mastercard will never be compromised for the biometric data it will later hold.

I would determine overall that a broader range of security tools can never be a bad thing and my confidence will be with Mastercard to ensure their architecture is competitively secure.

aj23_2

Shakin_Steve wrote: »

Calm down:

You will be able to choose if you want to use facial recognition or fingerprint verification, and you will still be able to authenticate payments by using passwords, but Mastercard says evidence suggests the vast majority of customers prefer biometrics.

I haven't heard about anyone preferring it. It's just them saying it. Where is the evidence?

aj23_2

T-G-C wrote: »

More data collection about its customers, which is fantastic for real-time security enhancement on their network and modernizing their technological infrastructure.

However, the current security standards for normal personal transactions are usually sufficient enough to prevent most cases of fraud (excluding cardholder negligence etc.) and there is no guarantee that Mastercard will never be compromised for the biometric data it will later hold.

I would determine overall that a broader range of security tools can never be a bad thing and my confidence will be with Mastercard to ensure their architecture is competitively secure.

More data collection is not good for customers, it's good for the businesses who sell on that data.

Most Mastercards are Credit Cards anyway, so you're protected far better than Visa/AMEX Debit Cards. I don't even get asked to verify the card using cards online anymore anyway.

Raxiel

With my bank app, the app itself is authorised with a password and SMS code, and then my identity to the app is confirmed using the devices own fingerprint ID authentication system. So while the bank lets me log in with a fingerprint, they don't actually hold or verify my Biometrics themselves.

I wonder if this will be a similar system, either MasterCard issue their own app, or preferably adding a push notification feature to existing banking apps by the card issuers. I'm all for the latter, it's a much more secure system than '3 digits on the back of the card'.

I don't think they'll really be allowing selfies though. What they probably mean is allowing FaceID, which features dual camera and depth sensing to confirm the device is in front of an actual human face (and the right one at that) rather than a photo. Right now that's only the iPhone X, but will no doubt be 'flavour of the year' for next generations handsets.

poppy10_2

dekaspace wrote: »

Sure, I want a log of my fingerprints and photos online that people can access at any time right.

That's not how biometrics work, grandad.
Your fingerprints and photograph aren't stored anywhere

T-G-C

poppy10 wrote: »

That's not how biometrics work, grandad.
Your fingerprints and photograph aren't stored anywhere

Yes, there is a popular misconception about how the data is formatted - such as it being stored as a photograph etc.