Financial Applications Of Biometrics

p [Type the document subtitle] [Author][Pick the date]Table of ContentsS .NO PagesI .Introduction 2II .Biometric SystemsDefinition of Biometric SystemsCategories of Biometric SystemsAdvantages and Disadvantages of Biometric Systems in the light of financial applications 3III .Applications of Biometric Systems into the financial World 7IV .Conclusion 9V .References 10 I . IntroductionThe contemporary world is lurking in advance into the developments of time and tide at cock-a-hoop velocity . In today s fast paced society , consumers previse goods and services in a speedy manner with no errors . This applies to anything from waiting in line for fast food , at the gas ticker , or at the grocery strain , and extends to all sectors of our parsimoniousness including financial institutions .

Since the introduction of personal checks and the realisation card , we confuse seen a decline in the character of currency accuracy and precision are two demands not quenchable from the human stead : the more you achieve it , the higher the benchmark goes from the consumerMore recently , debit cards , online banking , and online payment processors have helped our economy to continue despicable in a less command . But with these creature comforts come consequences . The potential for bilgewater and individuality larceny is increase tremendously , and even those who take the superlative precautions are lull at risk . The next ordered ste p is to unified biometric systems for authe! ntication purposes . Biometric systems reduce the risk of fraud and identity theft by improving the accuracy...If you want to narrow a enough essay, order it on our website: OrderCustomPaper.com

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