Selfies May Replace Passwords Within a Few Months

What's Hot


The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

How a Mexican Tariff Will Boost the Cost of 6 Common PurchasesFamily

This Free Software Brings Old Laptops Back to LifeMore

How to Protect Yourself From the ‘Can You Hear Me?’ Phone ScamFamily

Report: Walmart to Begin Selling CarsCars

Is Your TV Tracking You? Here’s How to Tell — and Prevent ItAround The House

Trump Scraps FHA Rate Cut — What Does It Mean for You?Borrow

Where to Sell Your Stuff for Top DollarAround The House

11 Staging Tips to Help You Get Top Dollar When Selling Your HomeAround The House

8 Tuition-Free U.S. CollegesCollege

10 Overlooked Expenses That Ruin Your BudgetFamily

4 Car Insurers That Might Raise Rates Even When the Accident Wasn’t Your FaultCars

How to Invest If Trump Kills the ‘Fiduciary Rule’Grow

20 Simple Hacks to Make Your Stuff Last LongerAround The House

12 Surprising Ways to Wreck Your Credit ScoreBorrow

Soon, you should be able to verify your identity when shopping online by taking a photo of yourself or scanning your fingerprint.

In a few months, you should be able to verify your identity when shopping online by taking a selfie or scanning your fingerprint.

CNN Money reports that MasterCard will launch new mobile technologies that make this possible in the U.S., Canada and the United Kingdom over the next few months.

Specifically, a special mobile app will enable customers to take a photo or scan their fingerprint each time they make an online purchase.

CNN explains:

Their face (or fingerprint) will be scanned to prove that they — not hackers or thieves — are making a purchase. The scan will verify that it’s a legitimate selfie — instead of a previously taken photo — by requiring users to blink when they take their own photo.

Such authentication methods will be used regularly worldwide within five years, according to Ajay Bhalla, president of enterprise safety and security at MasterCard. Facial recognition and fingerprint scanning are safer than passwords, he says, because many people use weak passwords.

MasterCard is also exploring other authentication methods, including monitoring a customer’s heartbeat as well as iris scans and voice recognition, CNN reports.

News of MasterCard’s upcoming authentication technologies comes less than a week after news that London-based bank HSBC launched fingerprint and voice recognition services to replace passwords for mobile banking customers in the UK.

Francesca McDonagh, head of retail banking and wealth management for HSBC UK, explains in a BBC News report:

“The launch of voice and touch ID makes it even quicker and easier for customers to access their bank account, using the most secure form of password technology — the body.”

How do you feel about authentication technologies like facial recognition and fingerprint scans compared with passwords and PINs? Let us know what you think by leaving a comment below or on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 12 Surprising Ways to Wreck Your Credit Score

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,855 more deals!