Future of Payments
January 22, 2025
A recent study of over 2000 UK adults commissioned by Visa Europe shows an appetite for adopting biometric security measures over passwords, with over three-quarters of respondents between the age of 16-24 in favour of biometric measures. Nearly 70% of 16-24 year olds say they want to use fingerprint scanning rather than passwords by 2020, with interest also shown in retina scans (39%) and facial recognition (27%), voice recognition (12%), fast DNA samples (15%) and implanted chips (16%). Consumers showed greater confidence (7 out of 10) in the security of biometric methods of authentication compared with non-biometric (6 out of 10). Read more here.
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