PayPal released a fingerprint payments mobile application
PayPal payment system launched a mobile application to allow Samsung smartphone owners in 25 countries have the ability to authorize payments using the fingerprint. New biometric authentication procedure replaces the traditional user name and password.
Survey of users in the United States showed that the majority of them ( 53 %) believe the new procedure to be more comfortable .
While the press release have not disclosed the key characteristics for PayPal biometric authentication , including the percentage of false positives. this new innovative solution can be a good enhancement to the system usability but from the security prospective there is no changes compared to traditional authentication.
Heartbleed vulnerability, made it clear that any new technology should consider several factor authentication. Standard authentication using login and password will not totally prevent attacks on remote system.