Financial Institutions in Thailand Embraced Biometric Technology

In 2019, the central bank of Thailand realized the importance of identifying verification and announced it was going to integrate biometric technology into the country’s financial institutions, which are often very prone to unethical activities since they directly deal with money. Biometric can be a countermeasure to make the industry secure and help it expand. […]

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When ATM is not an option – biometric can solve the financial inclusion problem

ATMs have made financial inclusion possible for billions of people worldwide. However, in some countries, such as Haiti, the physical note is not suitable for the automatic dispensing system of ATMs. The opening of hundreds of bank branches is also not economically viable. What can we do to resolve this paradox? Biometrics ensured financial inclusion for […]

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