Yahoo Finance Live's Rachelle Akuffo and Brian Cheung check out Amazon's palm-scanning payment tech to be featured in stores and Whole Foods outlets.
BRIAN CHEUNG: Well, Amazon expanding its Amazon One palm-scanning technology to 65 whole food stores in California. That's according to reporting from "The Verge." The program will link the customer's palm print to their credit card information, and once registered, all the customer has to do is hover their hand over the device. Amazon saying, customer's data is not saved on the device itself and that, quote, "Multiple layers of security controls are used to protect data, including encryption and data isolation."
So Rachelle, I mean, I don't know about you. I'm not sure if I'm down with that. I might just use my regular payment for that.
RACHELLE AKUFFO: You know, I'm one of these people who, I'm like, look, our phones already have our faces. They already have our fingerprints and everything else, and if it's one, perhaps, way of protecting us more-- obviously, there's a lot of data hacks on things like credit cards. If this is a way to make it more secure, I'm actually not mad at it. You know, I don't think it's a case of the robots coming to get us. I don't mind it.
BRIAN CHEUNG: I didn't realize that your palms are unique enough to actually even do that. I mean, I wish that these machines would tell me my fortunes or my future. Might as well.
RACHELLE AKUFFO: That would be handy. We could have all won that Mega Millions by now.
BRIAN CHEUNG: Yeah. I'm going to go talk to Jeff and see if he can make that happen, but we'll leave that there for right now.