Tokyo Olympics: How might we simplify biometric verification?

There will be a point when we no longer depend on physical artifacts to verify our identity. Each year, hundreds of billions of dollars are lost through identity theft, stolen credit cards and insecure online transactions.

It’s just a matter of time before we embrace this change for the better as biometric authorization has proven to be much safer, more secure and more convenient for uses. It’s slowly become normalized as it becomes more ubiquitous.

With this in mind, Visa took over olympic village in Tokyo 2020 to test a biometric payment system allowing athletes to leave their cards at home.