What's New in Payments

Google Assistant adds support for voice-based payments

Now the Google Assistant can take care of your IOUs — Google — “Starting today, you can ask your Google Assistant to pay your friends back with Google Pay… You can easily send or request money from your contacts — for free — using the Assistant on Android and iOS phones in the US. In the coming months, you’ll be able to send money on voice-activated speakers like Google Home… To get started, just say ‘Hey Google, request $20 from Sam for the show tonight’ or ‘Hey Google, send Jane $15 for lunch today.’”


What's New in Payments

Millennials back biometrics and AI for payments

Millenials driving demand for AI and biometric security — Vocalink — “77% of millennials thought that new AI technologies such as virtual assistants and hands-free speakers like Amazon Echo and Google Home are appealing as payment devices. In addition, 28% of millennials have used fingerprint technologies to verify payments and 35% of the group now believes that fingerprint technology is the most secure method of verification followed by iris scanning at 22%.”