Biometric
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How Will Biometrics Affect the Future of Banking Security?
Both banks and customers benefit as fingerprint, iris and facial recognition technology becomes more prevalent in financial services. As cyberattacks grow more sophisticated, banks increasingly turn to advanced authentication to protect customer data. Widespread biometrics adoption represents not only a top banking trend for 2018 but also a long-term market shift. A report from Global
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Application of Liveness Detection Technology – Active or Passive?
What is Liveness Detection? Face Biometric is rapidly being adopted by customers and organizations as a convenient way to verify identity. The technology feature works by comparing a user’s facial features to a registered biometric sample for identity verification. Although it can replace traditional security methods such as answering “secret” questions and entering PIN codes,
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AI and Biometrics – Major trends that shape the online banking market
If the financial industry has taught us anything in the past, it is that we can no longer postpone digital transformation in banks. Today, consumers expect to perform banking transactions from anywhere and anytime. The technological advancements that offer improved interface and inclination of customers for convenience drive the market of online banking. According to
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