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Financial Biometrics Credited For Master card High Innovation Ranking

Author: huifan   Time: 2017-08-16

Master card is once again on Forbes’ annual list of the World’s Most Innovative Companies. And what’s more, it has moved time attendance terminal up six spots from last year’s ranking, taking the 30th spot. Digital Innovations Bump Master card Up Innovation RankingsIn a statement acknowledging the ranking, the company suggested that its efforts in digital money were an important factor driving it up the rankings, and highlighted some key examples.
One ip access control is Master card Identity Check, a mobile biometric authentication system that the company developed with Daon. It lets users confirm their transactions via selfie, timekeeping systems using facial recognition to verify that they are authorized cardholders at the time of purchase.

Another key effort is Master pass, the company’s digital wallet solution. It’s designed to let users make payments across all digital channels, and could even prove to be a serious rival against major m Payment platforms like Apple Pay and Samsung Pay.

Together with other innovations like aid donation system Master card Aid Network and online shopping system Groceries by Master card, these efforts seem to be helping the company stay ahead of the digital and mobile revolutions sweeping across the financial services sector.