Debit cards with enhanced biometric functions prevent identity theft
Trend - 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 - 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.
Insight - 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.
Workshop Question - Conceptualize how your brand could better prevent security breaches within its business.
Trend Themes
1. Biometric Security - Businesses are incorporating biometric security functions into widespread payment platforms to tackle the issue of identity theft.
2. 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.
3. 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
1. 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.
2. Technology and Electronics - The technology and electronics industry can develop and innovate biometric payment solutions, such as fingerprint-sensor smart cards and payment wearables.
3. Education - The education industry can utilize biometric identification cards to provide secure and convenient campus access control and student identification.
6 Featured, 39 Examples:
54,379 Total Clicks
Date Range:
Oct 18 — Mar 19
Trending:
Mild
Consumer Insight Topics:
