Biometrics, Payments and Banking
An interesting panel on privacy in biometric banking took place this week in London. Hosted by the European Alliance for Biometrics and IBM, the event focuses on exploring the threats and opportunities of integrating biometrics solutions into financial services.
‘Biometrics in Banking and Payments’ examined biometrics for banking and payments three levels: the strategic, regulatory level, the key drivers in modern banking and payment practices and the implementations of end user innovations.
The event evidences how deeply biometrics is permeating the financial services industry and why banks needs to do more, not just to understand the opportunity, but to invest in biometric payment solutions and their successful implementation.