Is Biometric Technology The “Go To” Solution To Prevent Bank Fraud?

Introduction Data breaches in banking have become commonplace all over the world. Most banks and financial institutions continue to rely on historical password based security systems which are increasingly susceptible to cyber breaches and no longer able to reliably secure data or to prevent bank fraud. Continuous data breaches in the banking industry clearly demonstrates […]

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Should Biometric Technology Be Monitored?

The following guest post was submitted by Katrina Manning of Build Niche Links. Should biometric technology be monitored? To answer this, one must analyze the biometric system. To start with, what is biometrics? Biometrics is the analysis and measurement of people’s unique physical and behavioral characteristics. It’s mainly used for identification, verification and access control. […]

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Which is The Most Reliable Biometric Modality?

We recently conducted a Twitter poll: “What is considered to be the most accurate biometric modality among the following options?” We received a large number of responses from our community reflecting the following results: 58% chose iris recognition 32% chose fingerprint Palm vein and facial recognition both got 5% of the votes It’s interesting that […]

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Will Biometric Technology Take Over Banking Security?

If you haven’t heard the news, more banks are adopting biometric technology for customer authentication to increase security. Banks all around the world have been searching for more advanced technologies such as biometrics for better protection against identity theft, fraud, and cyber-crime often perpetuated by stolen customer identities. Biometrics acts as a strong authentication tool […]

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The Top 5 Uses of Biometrics Across the Globe

Over the years, we have seen steady upward growth of biometric technology across the globe for myriad reasons but mostly due to the fact that personal identification and authentication is considered more and more important. From border and immigration control to identifying criminals to time and attendance in workforce management, the practical uses of biometrics […]

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Why Single Sign-On (SSO) Biometrics Is Slowly Replacing Passwords

The rise in security breaches and the increase in sophisticated hacking attacks of sensitive information has raised demand for a stronger and more secure Single Sign-On (SSO) for information access. Due to the fact that password-cracking techniques are increasing in sophistication, there is a strong need to implement more sophisticated single sign-on methods. Many are […]

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The Impact of Mobile Biometrics in Banking

Biometrics in Banking The rising demand to more effectively secure online and mobile banking and financial services transactions through accurate customer identification to prevent identity theft and banking fraud has sparked an interest in the use of biometric identification technology. Biometric identification solutions provide quick and accurate customer authentication by using unique physiological characteristics (who […]

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Fingerprint vs Vascular biometrics – What are the differences?

Fingerprint vs Vascular biometrics – Are they different? In biometrics, fingerprint technology is by far the most popular and widely used modality. However, due to the evolving nature of the technology, many other biometric modalities have emerged such as vascular biometrics.  Even though they both share parts of the hand for identification purposes, these biometric […]

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