An inside look at the future of payments | CNBC Reports

A world where all you need to make a purchase is the sound of your own voice isn’t so far away. CNBC’s Elizabeth Schulze reports from the Money 20/20 conference in Amsterdam.

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[BriefNerdOriginal]

So, in the near future, instead of stealing passwords, more people will be kidnapped? :-\

[yonoume]

It's not the future of payment but an optional incorporation for more safety precaution

[Atem_S.]

Pretty cool but how effective is it? Let's say someone uses a software to mimic your voice, will the device be able to detect it?

[berncedricsumapig]

Sounds nice. But:
- what if something happens to you that will change your voice that it becomes unrecognizable?
-what if someone sounds like you?
-what if your voice is replicated?
-what if something happens to your face that it becomes unrecognizable (ex: it gets burnt because of an accident)
-what if someone looks like you?
-what if your hands get cut? You can no longer use your thumb for the fingerprints. ( although highly improbable)
- what if a person gets kidnapped???
I think It needs further development, research, and experiments.

[manjeetsinghmann]

Wow! Loved it, real quick and safe mode for payments. That's really happening. Thanks so much.

[korqkar]

Great story. A lot of potential in Elizabeth...great asset for CNBC.

[italia]

What about a blood sample by pricking for payments above 10 million $

[Zoza]

Yup, and more people still live in poverty and not be able to affort any of this..

A lot of people will be left behind in a future of technological change..

[emsik]

we need to stop buying inline, we are killing off local stores buying online, being lazy :(

[sanatparalkar]

I guess biometrics eventually add the 3rd layer of authentication .... To make payments more safer ....

[chethansagar]

I love the host! She has such a Hollywood facial reactions and ‘oh my’ voice! - love the tech report!

[isaacbihengoto]

fingerprint is a good way for identity especially while making payment..

[vivekraj]

1:40 Amazon, google, Microsoft. What about apple??

[eltonfernandes]

In case you get cold and feaver you're voice might change and assess might be denied

[judithlimyg]

What would happen if someone is to wear a mask which looks like you?Or use a recording of your voice? Or you grow too fat or too thin one day, can the devices still recognize your face?Or if you have a cough or flu and your voice turned hoarse, can those devices still recognize your voice?

[rp]

The future of payments is using Bitcoin and accompanying technology, not using the fiat money of the last millennium.