The way we pay and bank is changing fast

Tokenization, biometrics and connectivity are fundamentally transforming the customer journey and striking a balance between convenience and security. The future of banking and payment looks bright.
Jesper Domargård, VP Marketing, Financial Institutions at IDEMIA

Here are 4 major developments :

• Our once cash-centric world is rapidly going cashless. As technology advances, new and more convenient ways for customers to pay are taking over.
• Merchants and payment providers around the world are integrating completely new customer experiences to attract today’s ultra-connected customers.
• Bank branches are being transformed, combining the convenience and security brought by new technologies with trusted in-branch assistance.
• Governments have established regulations to protect citizens’ data and financial transactions.