Samsung’s Galaxy S8 flagship smartphone “will employ facial-recognition technology for mobile payments within months of release,” Bloomberg reports. The handset, due to be unveiled on 29 March, will “blend fingerprint, iris and facial detection to verify users accessing mobile services including Samsung Pay”. Apple’s iPhone 7S, 7S Plus and 8 are also expected to come equipped with facial recognition later this year to replace the Touch ID fingerprint scanner.
- ECB survey finds cash still dominates payments in the euro zone
- Bangkok street food vendors switch to mobile payments
- Starling Bank integrates third party rewards into open banking platform
- Sberbank to build ID platform that supports face, voice and retina biometrics
- Messaging app Line reports 40m mobile payment users