Near-field communication (NFC) is often hailed as the payment system of the future, but what if you didn't even need a mobile device in your pocket? Sure, you could get a subcutaneous RFID chip implanted, but Finnish company Uniqul claims to be working on a payment system based solely on facial recognition.
The idea is that you scan your items or pump your gas, and an installed point-of-sale camera snaps your mug while you do so to access your cloud-based wallet. That means that all you have to do is hit a button confirming the purchase and be on your merry way, a process which, Uniqul claims, will cut the average transaction time down from 30 seconds to 5. … Read more