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Pay-by-Touch's demise is NOT a “failure” of biometrics.
March 24, 2008
Another Hot New Technology Turns Cold | blogs.wsj.com
Pay-by-Touch was a poorly managed company led by an executive team with questionable capabilities and ethics. Pay-by-Touch's demise represents a "business" failure not a "biometric" failure. The company offered an innovative retail payment processing solution based on the unique capabilities of biometrics. There is no indication that the biometric component of the solution is to blame for the failure of the effective deployment of the solution, nor the company itself.
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