Biometrics are connecting with payment credentials, whether through numberless credit cards and banking apps or passkeys, as the concrete steps towards linking digital identity and payment systems shows up as a major theme in the week’s most-read stories on Biometric Update. Mastercard announced it will ditch the familiar credit card number in favor of on-device biometrics and tokenization, while everyone in digital wallets, from the EUDI Wallet Consortium to Fime and Mattr to Apple is looking at how to bring together identity and payments, and Visa arguing for the role of passkeys in a converged digital ID and payments ecosystem.
More FIDO in the News
PaymentsJournal: EMVCo Proposes Standards for Stronger Payment Authentication
EMVCo has released a draft framework that could pave the way for a universal standard…
Biometric Update: Yubico hackathon to preview YubiKey 5.8 support for next-generation passkeys
Yubico will host a virtual developer hackathon for the FIDO Alliance developer community on August 5…
PYMNTS: Mastercard Wants to Teach AI Agents How to Spend
For nearly 60 years, Mastercard has answered one question over and over. How do you get two…
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