Do you have money in your veins?
By Teamspirit on Thursday, 11 August 2016
Hot on the heels of Barclays’ introduction of voice recognition technology, British start-up Sthaler is about to start testing a new finger scanning payment technology. The technology, called FingoPay, creates a unique “map” of the veins inside a person’s finger and connects this securely with a credit card or bank account.
Sthaler’s founders hope that their system won’t just speed up the buying process, but also make it more intelligent. They will launch a trial in the Proud bar in Camden in September, where the FingoPay scanner will take payments and make suggestions based on a customer’s past orders.
This may sound like a mash up of science fiction and urban lifestyling, but it’s worth noting that trials are also being developed with McDonald’s and the Co-Operative, and that Sthaler is backed by Visa’s European innovation arm Collab.