Visa invests in LoginID to accelerate FIDO-certified biometric authentication

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LoginID announced additional investment from Visa on the heels of its $6M seed round from veteran payment and fintech entrepreneurs. The investment amount from Visa is undisclosed. Customers are readily accepting the use of biometrics to make payments and other transactions in a secure and convenient way. According to an April 2021 pymnts.com report, 18 billion payment transactions will be verified using biometrics in 2021. Visa recognizes that strong authentication solutions from companies like LoginID … More

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