Biometrics

Biometric authentication relies on unique physical and behavioral traits, such as fingerprints, facial recognition and voice patterns, to verify identity. This method presents a more formidable alternative to traditional passwords and PINs, effectively reducing the risks of unauthorized access and data theft.  However, while biometrics offer a stronger security measure, […]

How Biometrics Hacking Works

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The fintech industry faces increasingly complex security challenges as digital transactions surge and cyberthreats grow more sophisticated. With the rise of online banking, mobile payments and digital wallets, traditional methods are no longer enough to protect sensitive data. Biometric technologies offer a more secure and reliable way to verify user […]

The Future of Biometric Authentication in Fintech

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By Eduardo Azanza, Co-Founder & CEO at Veridas The physical and digital worlds are synergizing more than ever before. This convergence of technology and reality – the ‘phygital’ world – is becoming a transformative phenomenon. Gone are the days when identity verification was akin to scaling a mountain, with countless […]

The Phygital Identity: Embracing Biometrics for a Secure Future

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By Soudamini Modak, director of fraud and identity strategy, LexisNexis® Risk Solutions Smart digital identity and device intelligence solutions are popular among companies looking for efficient fraud prevention tools, enabling businesses to recognize good users via trusted devices, locations and their digital footprint, while identifying multiple patterns that could indicate […]

Closing the Fraud Gap with Behavioral Biometrics

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Token is a groundbreaking provider of secure, wearable authentication solutions designed to be the most outstanding user convenience for the ultimate protection against ransomware and data breaches. The company has been making waves in the tech industry for its innovative approach to security. It recently announced a $30 million investment […]

Token Secures $30 Million in Funding To Introduce Its Advanced ...

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By Brett Beranek, Vice President & General Manager, Security & Biometrics, Nuance Communications When disruption strikes, fraudsters are incredibly fast to shift their tactics and exploit new vulnerabilities.  During the COVID-19 pandemic, for example, we clearly saw the agility and opportunism of fraudsters as they preyed on consumers’ fear and […]

How Multimodal Biometrics Help Banks and Retailers Fight Fraud During ...

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By Cate Orlina at SafetyCulture Biometric data collection is collecting fingerprints, palm prints, iris scans, and facial recognition to verify a person’s identity. Digital biometric data has been around since the early 1990s and can be applied to almost any aspect of daily life. Biometric technology has grown exponentially in […]

Biometric Data Collection Today: Where We Are, and Where We’re ...

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