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PayPal talks up biometric solutions in ‘Kill the Password’ initiative

PayPal talks up biometric solutions in Kill the Password initiative

DIGITAL RIP-OFF MERCHANT PayPal has detailed a number of biometric security solutions that it believes could replace the conventional password.

The biometric solutions include embedded chip tattoos, vein recognition and even ingestible technology that would mean people no longer need to worry about fraudsters nicking their sensitive information or digital dosh.

The payments firm is flogging the idea via a presentation at various technology conferences entitled Kill all Passwords, where it claims that the rise of hacking and phishing targeting online banking services will lead people to use tighter security.

This next step, PayPal says, includes inserting security devices into the body to allow the use of unique internal characteristics to log-in to accounts.

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