This article discusses the newest technology that MasterCard has created. This technology allows customers to authenticate their purchases with a ‘selfie’ or fingerprint instead of traditional password authentication. This technology has already been picked up by the big banks and is predicted to be used around the world in as little as five years.
This new technology is a huge upgrade in terms of privacy protection as fingerprints and facial scans are far safer safeguards than an easily guessable four-digit passcode. This type of technology is important because it may very well be the future of not only mobile security identification, but for all types of transactions. As mentioned in the article, this technology has maintained a full-proof way to enable users to use their faces or fingerprints as a means of identification without fear of hackers. The selfie feature requires users to blink, so that an old photo cannot be used to access an account. Other technologies are already on the horizon to authenticate users’ transactions, such as monitoring heartbeats and voice recognition.
I feel this article may have overlooked some potential problems with this new technology. In terms of a selfie, it may be easy for someone to get this picture without the user’s approval. I’m not sure how effective these technologies are, and how many potential problems or bugs they could start off with. The voice recognition is the most troubling to me, because someone could record you as you’re making a transaction, and use it to make another in the future without your knowledge.
Despite these potential issues, I think this technology is truly fascinating and I’m excited to see the potential uses of it for password and security authentication in the future.
WIRE, CNN. "Goodbye Password, Hello Selfie? MasterCard Launching New Technology." Q13 FOX News. N.p., 22 Feb. 2016. Web. 22 Feb. 2016.