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 before 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 wield , or at the grocery strain , and extends to all sectors of our niggardliness including financial institutions .

Since the introduction of personal checks and the realisation card , we grant seen a decline in the character of currency verity and precision are two demands not quenchable from the human sentiment : 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 abject in a less command . But with these amenities come consequences . The potential for bilgewater and individuality thievery is increase tremendously , and even those who take the superlative precautions are suave at risk . The next ordered step is to check biometric syst ems for authentication purposes . Biometric! systems reduce the risk of fraud and identity theft by improving the accuracy...If you want to narrow a plenteous essay, order it on our website: OrderCustomPaper.com

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