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March 16, 2022

2022 – The Year That Facial Recognition Will Lead The Fintech Industry

Finance Digest

The year 2022 has many innovations and advancements in technology coming our way, with the Metaverse already capturing our imagination. However, what does this year have in store for the FinTech industry and what is going to change it the most?

In 2020, contactless transactions hit its highest rate since 2015. Since then, the pandemic has demonstrated both the necessity, and desire from consumers, for truly contactless methods of payment. It is clear that facial recognition, as a transaction method, will continue to grow throughout 2022 and beyond. But what does this growth actually look like?