Biometrics is becoming the technology of choice for the authentic identification of persons in various industries. The main reason for this is that it uses biological patterns, unique to each person, to ensure that you are who you say you are.
Is the company able to comply with the legal requirements linked to the use of biometrics? As the implementation of biometrics gains speed, regulation on data protection worldwide is following suit. Companies and institutions adopting biometrics must be very careful to avoid lawsuits.
Biometrics can help event organizers in many ways, from reducing queuing time to increasing security, preventing fraud, helping the environment, or improving the attendees’ overall experience.
By adopting biometric identification systems, subscription model businesses such as content platforms like Netflix, or intermediation platforms like Airbnb, can truly ensure users are who they say they are avoiding identity fraud or password sharing.
With the steady rise of biometrics our bodies are becoming the future of payment security. Nowadays it is enough with just a quick smile or a wave of the hand, as set in the recently launched Biometric Checkout Program by Mastercard.
From 2020 to now, digital onboarding has become more frequent for both online and offline banking. Still, implementation, cost, UX and privacy real or imaginary challenges are holding back a wider implementation. B-FY’s solution successfully addresses these challenges.
As the higher education industry is undergoing a major transformation to meet the demands of the new generations of students born in a technological environment, cyber attackers have found a new target. Meanwhile, biometric technology is proving to be a valuable solution to secure students’ data and improve the user’s experience both in virtual and physical campuses.
Following the outbreak of COVID-19, the educational sector has seen drastic changes. Online learning took a leap and learning in a physical classroom disappeared across the world. As students get
value of 74.08 billion U.S. dollars (68.6 billion euros) by the end of 2028. Why? As the industry shifts from paper to electronic records, it needs more secure and reliable form of authentication: biometric ID.
The healthcare industry is one of the most sensitive in terms of security related to patient data. It is also one of the most attacked by cybercriminals according to various reports as we will discuss later in this article.