Driving identity security in banking using biometric identification

Combining biometric identification with artificial intelligence (AI) enables banks to take a new approach to verifying the digital identity of their prospects and customers. Biometrics is the process by which a person’s unique physical and personal traits are detected and recorded by an electronic device or system as a means of confirm identity.

 

Biometric identifiers are unique to individuals, so they are more reliable in confirming identity than token and knowledge-based methods, such as identity cards and passwords. Biometric identifiers are often categorized as physiological identifiers that are related to a person’s physicality and include fingerprint recognition, hand geometry, odor/scent, iris scans, DNA, palmprint, and facial recognition.

 

 

Read about it in the Azure blog.