Recognizing the opportunity to further reduce friction in the payment process as well as to provide consumers with another method of payment, Mastercard has created the Biometric Checkout Program. The company has assembled an initial group of providers of facial and palm vein biometric capture and authentication technologies—NEC, Payface, Aurus, PayByFace, PopID and Fujitsu. All have agreed to commit to Mastercard’s framework for rules and responsibilities as well as standards for levels of product performance. In addition, all have agreed to complete an accreditation process based o...