Category
Tech
Delegated Interfaces
Trend cluster
Category
Fingerprint
Payment
Debit cards with enhanced biometric functions prevent identity theft.
3.1
Trend score
Trend
What is the Fingerprint Payment trend?
Fingerprint Payment: Businesses are transforming the traditional debit and credit card by adding an extra element of security to them–fingerprint activation. The incorporation of biometric security functions into this widespread payment platform aims to tackle the issue of identity theft.
Insight
The consumer insight behind the Fingerprint Payment trend
As the majority of consumers' financial and professional lives have moved online, identity theft is a growing threat. Consumers' concern about falling victim to phishing scams and other forms of online theft has resulted in them seeking out more sophisticated solutions that ensure their protection.
Trend themes
Themes within the Fingerprint Payment trend
Three behaviours holding the trend together01
Biometric Security
Businesses are incorporating biometric security functions into widespread payment platforms to tackle the issue of identity theft.
02
Fingerprint Activation
Fingerprint activation is being added as an extra element of security to traditional debit and credit cards, as well as other payment methods.
03
Campus and Student ID Cards
Biometric identification cards are being implemented in universities and other institutions to provide secure and logical access on campus, as well as identity verification and other functions.
Industry implications
What the Fingerprint Payment trend means for industry
Where the trend changes the playbookFor
Banking and Financial Services
The banking and financial services industry can use biometric technology to enhance the security of traditional payment methods and attract security-conscious customers.
For
Technology and Electronics
The technology and electronics industry can develop and innovate biometric payment solutions, such as fingerprint-sensor smart cards and payment wearables.
For
Education
The education industry can utilize biometric identification cards to provide secure and convenient campus access control and student identification.
Workshop question
Conceptualize how your brand could better prevent security breaches within its business.
Trend signals
Trend signals for Fingerprint Payment
Trend score 3.1 out of 10, from popularity 53%, activity 32%, freshness 8%.
Popularity53%
Activity32%
Freshness8%
Audience
50%Men
50%Women
- Gen Alpha
- Gen Z
- Millennial
- Gen X
- Boomer
Market
North America
Europe
Asia-Pacific
South America
Africa
Evidence
Examples of the Fingerprint Payment trend
6 featured examples from Oct 25, 2018 to Mar 12, 2019CategoryTech
Fingerprint-Activated Debit Cards
NatWest's Secure Debit Card is Reliant on Biometric Data
The banking industry can benefit from biometric payment technology by enhancing security measures and improving the overall payment experience for customers.
CategoryBusiness
Fingerprint-Sensor Smart Cards
NEXT Biometrics and Infineon Introduce New Biometric Payment Cards
The development of biometric payment cards offers an opportunity for companies within the payment industry to offer a unique and secure payment method.
CategoryTech
Biometric Wearable Payments
Tappy Technologies Unveils a Fingerprint-Activated Payment Timepiece
The convergence of biometric sensors and contactless payment technologies in wearable devices transforms the way consumers make transactions, providing an avenue for growth in the…
CategoryTech
Biometric Security PC Peripherals
The HP USB Fingerprint Mouse Secures Your Workstation
Disruptive innovation opportunity: Revolutionize computer hardware by embedding biometric security features in peripherals.
CategoryTech
Biometric Campus Cards
A University in Argentina Will Outfit Students With Biometric Student Cards
The use of biometric campus cards in higher education institutions presents an opportunity for enhanced security measures to protect students and faculty.
CategoryBusiness
Fingerprint-Activated Contactless Cards
Societe Generale Implements Idemia's Platform for Security
The banking industry can harness the potential of fingerprint-activated contactless cards to improve payment security and provide seamless transactions for their customers.
