More than a dozen companies and trade groups announce new initiatives aimed at securing Internet transactions and payments. Visa, MasterCard, Visa and American Express are among those announcing new initiatives. Intel is releasing a new authentication technology that will not rely on a password, but employ other technologies such as biometrics. MasterCard and First Tech Credit Union are revealing a new pilot that would allow consumers to authenticate and verify their transactions using a combination of biometric, such as facial and voice recognition. Visa and MasterCard will commit to tokenization, substituting credit card numbers with randomly generated tokens for each transaction by the end of March.”]
Source: https://www.bankinfosecurity.com/payment-security-initiatives-unveiled-a-7913