Mastercard is working with transport firms to create a new system that will identify passengers based on their gait and other data.
When a passenger enters a bus or subway, he will not need to take any action to pay for the trip. All you need to do is just go through the turnstile. The new system from Mastercard will take into account a wide variety of biometric nuances that will allow you to identify a person on the go.
According to the statement mastercard, each of us has many unique features, such as body build, gait, heart rate, vascular pattern and facial structure. Even the way you hold the phone, which ear you use, the way your fingers touch the screen are all unique. And all this can be used to identify a person.
Technical details have not yet been disclosed, most likely the technology itself is still in its infancy. Briefly describes a system of cameras that will recognize people approaching the turnstile. The collected information will be compared with the data entered into a special database. As soon as the person is recognized, the turnstile will let him through, and the corresponding amount will be debited from the bank account.
Another option is a gait and pulse analysis. For example, a user wears a special bracelet that constantly measures their pulse and is used to verify their identity when making payments. Given the fact that today many people wear smart devices, this scenario does not look like something strange.
Developing secure payment systems that are secure and fast to use is a major challenge for payment system builders. Fraudsters are using increasingly sophisticated technologies. According to a study by Mastercard-owned company NuData, the number of attacks using the latest advances in technology has increased by 430% since July 2019 compared to the previous seven months. And there is only one way to combat this - to strive to ensure that security systems are always one step ahead.