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Citibank Singapore Rolls the Biometric Dice

Product Type: Market Research Report
Published by: IDC
Published: November 2006
Product Code: R104-28708
Description

This Financial Insights NewsFlash looks at Citibank Singapore's implementation of Pay By Touch's biometric payment service for some of its credit card customers. The service provides Citibank Clear Platinum card customers with the alternative to make purchases by using fingerprint scans instead of signatures. The progress of Citibank's initiative will be closely monitored by financial institutions in the region.

Table of Contents

Table of Contents

News Update

Our View

The Bottom Line

Citibank Singapore's Biometric Strategy

The Solution

Figure: Pay By Touch Enrollment Kiosk

Figure: Biometric POS Terminal

Proprietary Technology Endangers a Biometric Future

Essential Guidance

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