How Biometric Authentication Works

Security is an ever-present concern in today’s world. Increasingly, we are seeing how biometric
authentication, such as fingerprint identification, facial recognition, or DNA, is being used to enhance security systems.

Thanks to the prevalence of smartphones with touchscreens and high-definition cameras, it’s easier than ever before to implement these additional security protocols. The general public is embracing the technology as an easy way to prevent unauthorized access to accounts. In fact, 52% of consumers want banks to add fingerprint scans to banking apps.


But biometric technology goes far beyond fingerprints and facial recognition. Currently, there is advanced research being done about new and exciting ways to confirm identity. From analysis of fingernails, earlobes, and keystroke patterns, there are endless methods that are currently being explored, and each biometric has benefits and drawbacks.
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Infographics: The Impact of Biometrics in Banking

As global financial entities become more digitally-based, banks are piloting new technologies to improve customer and employee identity management in an effort to combat fraud, increase transaction security, and enhance customer convenience. One cutting edge technology increasingly used at many of the world’s top financial institutions is biometrics. In today’s post, we have identified the factors that drive demand for biometrics and the impact it’s generating, especially in the context of identity management in the banking sector. Continue reading →