In Brief: Biometrics more popular with Asian banks

June 21, 2006

Biometrics is being used more and more at banks in Asia, a research group found Wednesday.

According to Financial Insights, part of the IDC group, which is a research company that specializes in analyzing the information technology industry, said that automated biometric authentication devices are becoming more prevalent and effective across the banking system in the region.

"It is not really an issue of whether banks are ready for biometrics but an issue of whether biometrics is ready for banks. Numerous banks in Asia have already implemented biometrics for internal security purposes, but problems arise when they try and implement customer-level biometric authentication," said Abhishek Kuman, market analyst of the Asia-Pacific IT benchmarking advisory service at Financial Insights.

Copyright 2006 by United Press International

Explore further: There must be smarter security than a ban on 'dumb' passwords

Related Stories

Netherlands bank customers can get vocal on payments

August 1, 2015

Are some people fed up with remembering and using passwords and PINs to make it though the day? Those who have had enough would prefer to do without them. For mobile tasks that involve banking, though, it is obvious that ...

Halifax testing ECG wearable for identity authentication

March 15, 2015

We have to think a lot about creating, losing, restoring, renaming and managing our passwords. Users and vendors are interested in finding better ways to deliver protection that will not be difficult to use. Technologists ...

Banks harvest callers' voiceprints to fight fraud

October 13, 2014

(AP)—The caller said her home had burned down and her husband had been badly hurt in the blaze. On the telephone with her bank, she pleaded for a replacement credit card at her new address.

Biometrics on a mass scale

February 7, 2014

The largest biometric program in history – collecting iris and fingerprint patterns of 1.2 billion people in three years – aims to improve the quality of life for some of India's most disadvantaged and marginalized citizens ...

Recommended for you

Apple issues update after cyber weapon captured

August 26, 2016

Apple iPhone owners on Friday were urged to install a quickly released security update after a sophisticated attack on an Emirati dissident exposed vulnerabilities targeted by cyber arms dealers.

Sponge creates steam using ambient sunlight

August 22, 2016

How do you boil water? Eschewing the traditional kettle and flame, MIT engineers have invented a bubble-wrapped, sponge-like device that soaks up natural sunlight and heats water to boiling temperatures, generating steam ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.