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2018 is The Year Mastercard Will Make Biometrics ‘Impactful’

December 21, 2017

EXCLUSIVE—Biometrics have been a fintech buzzword for a while now, but 2018 is where companies like Mastercard are going to start the real work.

That means focusing on the smaller details and the platforms that will actively bring the technology to consumers, Bob Reany, EVP of identity solutions, Mastercard told Bank Innovation.

“We have to make sure there are some standards on it—how to store this data, how to keep it safe,” Reany said, of Mastercard’s focus on biometrics in the next year. “2018 is really about making [these platforms] impactful and making them scale.”pymnts

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