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Good news for Google's Project Abacus, 80% of consumers believe biometric authentication is more secure than traditional passwords.
Project Abacus moves forward
Customers will use their iPhone cameras to take a picture of their eyes in order to authenticate.
Thanks to smartphone penetration, geopolitical events and commercial interest by payment giants, the market is set to grow 118% by 2021.
Card giant to roll-out facial recognition tech this summer
The authentication solutions being used by Google, PayPal, Samsung, Bank of America, NTT DOCOMO, Dropbox, GitHub and others.