Tag:biometrics

Biometrics Replacing Passwords: Prospects and Concerns

Sep 05 2019

By Jim Bulling, Felix Charlesworth and Wendy Li

With the prevalence of smartphones in everyday life, momentum has been building for the use of biometrics to replace traditional passwords. To date, the most popular biometric authentication is fingerprint technology, followed by facial recognition technology. Less used types of biometrics also include eye-scanning, heartbeats and voice pattern.

FinTech outlook for 2018: US Banks look to AI

Dec 22 2017

By Cameron Abbott and Harry Crawford

With 2017 at a close, US banks have set out their 2018 FinTech new year resolutions. According to American Banker, US banks are likely to focus their FinTech investment in 4 major areas in 2018:

Artificial intelligence and machine learning
Open banking
Cybersecurity and biometrics
Commercial banking innovation