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Tuesday, April 30, 2024

Biometric tech gains traction

Customers benefit from the frictionless experience of no longer having to remember or re-enter complicated passwords.

Biometric technology has been widely used by banks and financial service providers. Aiming for faster processing and greater security against fraud, biometric solutions offer identity authentication via various means such as facial recognition, fingerprint recognition and iris recognition.

Now that network security has become a major concern, experts say biometrics and cloud-based identity management solutions will ensure more secure and faster interactions with technologies used to access places.

“Biometric technologies represent a major break from more conventional means of access control. This means there will…

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