9min chapter

Fintech Insider Podcast by 11:FS cover image

842. Insights: How will digital identities shape the payments landscape? - Live from J.P. Morgan Payments

Fintech Insider Podcast by 11:FS

CHAPTER

Enhancing Child Protection with Digital Identities and Biometrics

The chapter explores how digital identities linked to biometrics can improve security measures for children using phones, replacing fake IDs with biometric verification like face or palm scans to prevent unauthorized purchases. It discusses the control users will have over their personal information and the challenges surrounding minors' access to biometric documents. Additionally, it emphasizes the role of biometric technology in payments to combat fraud, highlighting its effectiveness in reducing both intentional and unintentional fraudulent transactions.

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