The future of biometric payments is at risk because of consumer concern over the safety of personal data, according to the Vital Insights into Biometric Payments Adoption report by TNS. 61 percent of respondents were concerned about the security of their personal information when giving companies fingerprint or iris information. Mark Collins from TNS called on the industry to ensure the security of such information and to inform consumers of the protections put in place.
The future of biometric payments is at risk because of consumer concern over the safety of personal data, according to the Vital Insights into Biometric Payments Adoption report by TNS. More than 60% of respondents were concerned about the security of their personal information when giving companies fingerprint or iris information. Mark Collins from TNS called on the industry to ensure the security of such information and to inform consumers of the protections put in place.