Mastercard and NEC striking a deal on technology for point-of-sale systems, and a webinar featuring Veridas describing a market area with major growth potential. Mastercard will use face biometrics and liveness detection algorithms from NEC.
The payment program, introduced with a pilot in Brazil last year, is expected to roll out to retail points-of-sale in the Asia-Pacific region, with intended benefits of shorter payment lines, increased security, and touchless transactions.