Whilst there is no denying the fingerprint biometric smart card is reaching its inflection point, one barrier to mass market adoption is the cost of the sensors needed to take each person’s biometric fingerprint data.
The security of biometrics technology is in the spotlight and stakeholders must take a balanced view on its strengths and vulnerabilities, says Isabelle Moeller, Chief Executive, Biometrics Institute. As deployments proliferate, the technology’s credibility rests on the industry’s will to collaborate globally.
Arlington-based facial recognition technology firm Ideal Innovations discusses the latest industry trends and the company's history.
Everyone likes a good selfie, from Hollywood celebrities to the general public! Selfies have become an everyday part of our lives.
The new agreement is aimed at restoring the trust of individuals in the transatlantic partnership and the digital economy, and putting an end to months of compliance concerns of US and EU companies alike. Will it succeed?
Biometrics is becoming an important tool within the security toolbox that can be utilised in the fight against financial fraud and identity theft.
The adoption of biometrics for payments is leading to wide-scale disruption in the payment industry, enabling alternative methods for consumers to pay for goods and services in a variety of payment scenarios.
For financial service providers this presents significant opportunities to better engage with customers in a much more personalised way,
Banks must consider factors such as performance, usability, regulation and security when selecting biometric solutions.
There has been quite a turn-around in banks' perception of biometrics in terms of providing authentication to customers accessing digital services.
