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Coming soon: a selfie with your credit card application - Business Insider Deutschland

Coming soon: a selfie with your credit card application – Business Insider Deutschland


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NEW YORK (AP) — The selfie may soon have a new use — your bank could ask for one in order to approve your purchase or credit productos bancarios [click this link] card application.

Payment processing giant Visa is launching a platform to allow banks to integrate various types of biometrics — your fingerprint, face, voice, etc. — into approving credit card applications and payments.

This could lead to customers having to take a selfie to verify they actually made an online purchase or applied for a particular credit card.

Financial companies are particularly interested in biometrics, not surprisingly, as mostly a fraud protection measure. While a birthdate, Social Security number or last name can be more easily stolen or mimicked, it’s much harder to fraudulently mimic a person’s face, fingerprint or voice.

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