Today, biometrics is the most reliable method of identity authentication. It is based on the measurement and analysis of each person’s unique individual physical characteristics that cannot be easily hacked.
According to Gartner, implementing passwordless identification is a priority for companies globally.
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.
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.
The biometric edge for the educational industry Following the outbreak of COVID-19, the educational sector has seen drastic changes. Online
Traditional security systems based in knowledge authentication are proving to be inefficient against cybercrime, thus, many enterprises are turning to biometric verification. Here are ten reasons why.
We have been hearing about biometrics for quite some time, but as cybercrime figures soar, it seems biometrics’ time to become the best solution to fight cyber-fraud has finally come.