Biometric identification is revolutionizing the fintech industry

Financial institutions have always been a hotspot for unlawful activities. The industry is the prime target for fraud, theft, robbery, or other criminal activities. However, its security has evolved drastically in the last decade. Now, it is moving toward the next step of advanced security, biometric identification.   A few decades ago, biometric technology seemed […]

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How Financial Services Are Becoming More Secure

The following guest post on improving financial services security was submitted by Damien Troy. As technology improves and continually evolves, security becomes increasingly important. While new technologies being used in businesses and services is generally a positive, it can also leave them vulnerable to the latest cybercrime, such as hacking and identity theft. For services […]

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Biometrics and Data Security

  The following guest post was written by Anne Matthews, a professional data security blogger. A few years ago, the popular UK insurance company Zurich, was fined over 2.2 million pounds by the Financial Services Authority for losing the data of over 46,000 customers. According to the BBC, the data was lost during a routine […]

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