This week headlines include a new biometric debit card launched by a UK bank, Stripe’s new billing systems to power subscription companies and the upcoming new anti-fraud regulations that will toughen sales for retailers.
Natwest launches UK’s first biometric debit card
We covered the news earlier this week, but in short – NatWest is currently trailing the biometric debit card with 200 customers.
Customers will be able to use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier to pay for goods or services at the tills as no PIN is required.
The launch has got a lot of attention from press, with several publications comparing the move as a threat to Apple Pay and Google Pay. More details here. ...