It seems that the UC Berkeley School of Information has created a way to eliminate all those pesky passwords that you struggle to remember for your various software applications and web sites. Just slip on a simple headset, like a blue tooth headset, and researchers can validate your identity by asking for a Passthought.
It is no secret that the key to success in any new payment scheme is the ability to balance security with usability (ubiquity doesn’t hurt either). A recent article published on payments.com identifies six key questions to evaluate ways to balance the security and usability of payments using the mobile device.
If the banking industry is watching any serious threat to their traditional business model, they surely have PayPal in their sites. PayPal is without question the most disruptive payments technology to emerge from the dot-com era.
Join the buzz at Payments 2013 at the US Dataworks Instagram Station. Use Instagram to snap photos as you follow our treasure map…. or anywhere at the conference.
Everyone is realizing that the payments systems designed 50 years ago are no longer working for today’s mobile society.
