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Biometrics are the new weapons of war against online fraud and supporting financial services with biometric authentication and their KYC (Know Your Customer) procedures. There are many different areas where biometrics are being deployed. For example in digital identity; an alternative to user names and passwords; protecting against ID theft; account takeovers and multiple accounts. Mobile biometric authentication is helping to verify new and returning customers at the point of log-ins, payments and digital on-boarding.
Arguably, the sharing economy may have shrunk our ‘small worlds’ even further. We can now easily book ourselves a stay in the home of ‘trustworthy’ strangers, pick up someone else’s ‘off-the-road’ car...
Developed in the mid-sixties and first commercially introduced in the 1970s, facial recognition technology has since made huge strides. Now, it's considered a significant feature for major players in ...
On May 1, 1999, I began my career in the biometrics and identity industry at an unknown, fledgling company called Visionics that was promoting facial recognition in a shrink-wrapped box to allow peopl...
The word biometrics is derived from two Greek words – bio meaning “life” and metrics meaning “to measure”. Biometrics are thus biological measurements, often used in automated methods, to recognize a ...
It’s suggested we use 14-character passwords with numbers, letters, and symbols, and we change this password every 90 days. It’s also suggested this isn’t very secure. I like big numbers, and a 14-cha...
Regulations and mandates often strike fear in C-suites and compliance managers, as they automatically gravitate toward how these could restrict them or hold back their business. Focusing on the puniti...
I have some concerns around the use of biometrics for online authentication. I know I’m not the only one, and my thoughts are probably not original, but I’m going to need some convincing before I star...
The recent article[1] about the UK governments attempts to facilitate eID for government services being handed to the private sector made me think what is holding the eID market back? With mobile pho...
Technology is evolving faster than ever, sprouting new business models and paving the way for the rise of fintech companies like Robinhood, PayPal and Coinbase. In addition to disruptions to traditi
Around 1.7bn people are unbanked according to the World Bank, down from 2.5bn only seven years ago. Considerable progress has been made in just a few years with innovations in fintech taking much of t...
The rapid global adoption of biometrics for identification and access management by organisations of all sizes clearly indicates they are here to stay. Yet, until 3D face authentication technology bec...
Reading an article of linking facial recognition systems to in-store payments made me think about where next for biometrics in payments in the real world[1]. Payments at the highest level is one entit...