Mastercard Among Forbes’ World’s Most Innovative Companies, Biometrics A Key Ingredient

Technology company Mastercard was recently named one of Forbes’ World’s Most Innovative Companies, coming it at #30 on the list and moving up 6 spots from their ranking last year. In a press release, Mastercard noted that it “anticipates more change in payments in the next five years versus the previous 50, and is fully embracing the digital transformation with new ways to pay.”

Mastercard noted 4 examples of their recent innovations in payments, one being Mastercard Identity Check™ which leverages biometrics to secure on-line shopping, verifying who you are with a fingerprint or ‘selfie’, versus having to remember a password. Daon is extremely proud to be a part of their solution for providing convenient and secure authentication for card-not-present transactions as Daon’s IdentityX® Platform is one of the authentication technologies behind Identity Check.

To read the full Mastercard press release in regard to their ranking, click here.