Mar 24, 2023

JP Morgan to pilot payment services using palm or face recognition in the US

Posted by in categories: privacy, security

Following this trial, the bank will offer this service to its larger base of US merchant clients.

JP Morgan has announced plans to pilot biometric-based payments at select US retailers. It is one of the world’s largest payment-processing companies.

Pilot program roll-out.


This development comes at a time when biometric authentication is gaining popularity. Biometric tools are thought to be the most secure method of transaction authentication. According to Goode Intelligence, global biometric payments are expected to reach $5.8 trillion by 2026, with up to three billion users.

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