Tips: Applying biometrics to finance

Mobile payment provider Money-on-Mobile was selected by the Unique Identification Authority of India to support an external mobile payment project using biometric authentication systems that reduce the security problems inherent to mobile technology in the financial sector.

Tips: Applying biometrics to finance

Santander Bank of Mexico has introduced a system of voice authentication in its automated telephone system to replace PIN numbers, passwords, and security questions.
• This year, a network of around 2,000 biometric ATMs will introduce biometric finger vein authentication technology. This will also be shared with various European countries, such as Poland. The innovation will be supported by the European network Planet Cash.
• Samsung proposed an authentication system for eBay that is based on the iris.



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