Here’s what you need to know:Mastercard partnered with FinGo to bring the fintech’s biometric authentication offering to global markets. Visa brought a biometric authentication solution to the UAE’s Abu Dhabi Islamic Bank (ADIB). It’s also the UAE’s first biometric authentication solution for ecommerce transactions. These moves can help Visa and Mastercard stay on top of an emerging payments trend. Thirty-seven percent of global consumers said they are at least somewhat comfortable with the idea of biometric payments, according to a Mastercard survey.

Source: The North Africa Journal June 11, 2021 03:56 UTC