The future of banking: biometrics take over cash, payments in fluid economy, personal digital agents

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Link: The future of banking: biometrics take over cash, payments in fluid economy, personal digital agents

“Cash could be on the way out and it’s realistic to imagine a world in which we carry no notes or coins, or even credit or debit cards,” Mr Dawson said.
Before long we may use our fingerprints or even retina scans to make payments. Australians have shown they are comfortable with biometric identification, because it combines convenience with security”
Gerd adds: I agree with Ross but what about the privacy that cash affords…? October 05, 2012 at 12:37PM

TFA Team

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