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Dec 13, 2021 · We sat down with Ian Benn, Global Head of Strategy and Market Development for Terminals, Solutions and Services at Ingenico, a Worldline brand, and member of the Pennies Advisory Board to discuss their role, the micro-donation movement, and putting the ‘S’ in ESG for retail and business.
- What Are Biometrics? What Are The Types Used in Payments?
- How Do Biometric Payments Work?
- Phone-Based Biometrics Are Simplest and Most Popular
- Non-Phone Based Biometrics Are Complex
- What Does This Mean For The Future of Biometric Payments?
Let’s start with a definition. Biometrics covers the measurement of any aspect of our physical human characteristics – from the unique shape of our face or fingers to our DNA. Fingerprint scanning has been in existence for a long time and is one of the most popular biometric data points used for authentication: from immigration at an airport to unl...
Biometrics are used in payments mainly for authentication purposes. Data such as fingerprints, face/eye scans can help verify the identity of the person paying. It all works in two main ways: 1. The first is by customer authenticating their identity on their device(for example, approving a transaction on a smartphone using the inbuilt fingerprint r...
In almost all markets, the preferred model is using the phone for authentication. This is driven primarily by consumer confidence in the technology. A typical consumer is happy to have their biometric information stored on a device that they own – as it seems they have more control over it compared to an external device. The secondary driver is cos...
As you move away from smartphones to non-phone-based biometric payments, the level of complexity increases for merchants. There is a lack of standards which makes the rollout of this technology internationally very difficult for manufacturers and implementation costs can be high, so merchants can be deterred from considering this option altogether....
In North America, biometric authentication is real and already happening, but mainly on smartphones. In this case, there is very little impact on a merchant or a technology provider. The smartphone may be running powerful and complex analytics in the background, but for the merchant, they simply see a contactless transaction, one that may be at a h...
Alongside our ambassador and trustees, Pennies is supported by our three Advisory Boards, who volunteer their time and expertise for free.Ian Benn, Global He...
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Ian Benn’s Post Ian Benn Global Head of Strategy and Market Development, Ingenico 1y Report this post A fantastic night and yet another amazing achievement from the Pennies team. £40 million ...
Ian Benn is Head of Strategy and Market Development at Ingenico, a Worldline Brand. Recent Posts. Is Retail Ready for Crypto? Ian Benn • Feb 16, 2022 • Customer Experience , Innovation , Crypto. If you needed evidence of the rise of cryptocurrency in the US, you only have to look at the 2022 Super Bowl’s advertising.
Ian Benn is Global Head of Strategy and Business Development at Ingenico. Previously, he has held a number of senior roles in the payments and technology industry including leading payments for FIS in EMEA and global marketing at Misys. He is also a qualified coach and mentor working with a number of start-up business leaders.
View Ian Benn’s profile on LinkedIn, a professional community of 1 billion members. Helping others to develop and grow their businesses and careers, primarily in the technology sector · I...
- Self-employed
