Forbes icon NuggetsEvery time I read about the future of payments, commentators are so wedded to what’s next for mobile payments or banking apps that the very notion of device-free payments must seem puzzling to them. Instead of being bound to a device, your digital identity travels around with you because it’s your digital vault - verified by multiple biometric markers. This is the future of payments and, more broadly, privacy and security. The technologies being primed today herald a device-free ideal in which our digital identities are integral to the security systems of the future. This device-free future isn’t limited to cashlessness, or a move away from plastic either - it includes phones and applications too.

Source: Forbes March 13, 2020 16:54 UTC