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Tech News Aug 2016 - "Technology: Biometrics = Better Banking Security?"

Tech News Aug 2016 - "Technology: Biometrics = Better Banking Security?"

Tech News Aug 2016 - "Technology: Biometrics = Better Banking Security?"

Excerpt


"Technology: Biometrics = Better Banking Security?"



Earlier this year, one of the world’s largest banks, The Hong Kong Shanghai Banking Corp. (HSBC), announced the largest rollout of biometric security technology in the U.K. with a voice and fingerprint authentication system that will encompass some 15 million customers. The HSBC biometric security technology will give its customers access to fingerprint authentication, using readers built into iPhones loaded with HSBC banking apps, and the bank also will utilize Nuance Communications voice recognition technology, which uses 100 distinct identification factors to identify a speaker.


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