The first CB approval will involve the association of biometry and a chip integrated into a keyfob. Integration of the chip into a micro-SD card of a mobile phone is also being studied. Highly convenient, the user keeps the keyfob or telephone on his or her person, for example in a pocket or handbag, without needing to present it physically to pay or withdraw cash.
Monday, June 16, 2014
France: Banking group looks toward multifactor authentication
France's national interbank network, Groupement des Cartes Bancaires CB, is currently evaluating the use of biometry in payment transactions (TMCnet)
