Fingerprints to replace chip-and-PIN cards

Fingerprints to replace chip-and-PIN cards in South Africa Because chip-and-PIN is already old technology.... Forgetting a bank card PIN may soon be a concern of the past with a new biometrics standard introduced by South African regulators this week. The Payments Association of South Africa (PASA), together with VISA and MasterCard, announced a new interoperable specification to facilitate biometric authentication on payment cards. This means a card issued at one bank, with specific biometrics, will work at another's ATM and merchants, with the same biometrics. PASA CEO Walter Volker said this was not possible in the past because biometrics systems were largely proprietary and locked to a specific vendor. The standard is a world-first and Volker aspires for it to be taken globally. See http://ift.tt/2awmxAo