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Wednesday, January 8, 2014

Blood Money: Now pay with your veins

Forgot your debit cards at home, now pay with your hand! The Pulse Wallet is here for you. The company calls it a spoof proof technology. It allows consumers to pay by scanning their palms.

By incorporating biometrics into its point-of-sale product, PulseWallet lets shoppers access registered electronic wallets at participating merchants. Registration at a PulseWallet terminal should take less than a minute, and users are authenticated within a second.

The technology is based on Fujitsu’s Palmsecure technology. The sensors in palm secure works by shining a near infrared light captures vein pattern. The sensor works by shining a near-infrared light to capture vein patterns in a person’s palm without touching the skin, and that is matched against the palms of other pre-registered users. Fujitsu says the vascular pattern cannot be duplicated and provides low false-accept and rejet rates.

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