Monday, June 1, 2015

Ubiquitous banking biometrics by 2020

Biometrics to become the predominant method to identify bank customers by 2020 (Goode Intelligence)
Growth in the banking industry will be accelerated by a number of factors including the arrival of electronic devices with built-in biometric support (notably smart mobile devices), the adoption of biometric-friendly authentication standards such as FIDO, the pressing need to combat rising banking fraud and identity theft, the growth of mobile banking and the emergence of wearable banking.