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Biometric-Enabled Payments Will Have You Smiling at the Checkout

It’s certainly a nuisance for consumers to remember multiple passwords, complete timed online forms or formulate blurry words that are reminiscent of a Snellen chart at the doctor's office, just to complete an online transaction, but unfortunately these are the precautions online retailers have to take to deter cybercriminals.

Reported by the Privacy Rights Clearinghouse, the crime of identity theft has topped the Federal Trade Commission’s (FTC) for the 15th consecutive year in the national ranking of consumer complaints. Identity theft represented 13% of all complaints in 2014, according to the FTC's 2014 Consumer Sentinel Network Data Book. According to Javelin Strategy & Research’s March 2015 Identity Fraud Study, fraudsters stole $16 billion from 12.7 million US consu ...

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