Eventually some sort of Biometric Authentication will replace credit cards and it is going to happen a lot sooner than fifty years from now. The consensus in the credit card industry is pretty unanimous: The current security system is just not enough to stop sophisticated cyber-attacksand there is a need for changing over to a newer security system as soon as possible.
What is important to understand is that due to sharp rise in theft and embezzlement, people are starting to understand that Biometric authentication is the only method to be sure of an individual’s identity today. This type of authentication is based on a security protocol that uses unique characteristics like “what you are”, “what you know” and “what you have” to provide access to a resource or account.
Fingerprint biometrics is being used in many part of North American for authenticating payments with varying degrees of success. Right now banks have to grapple with “big brother” and cultural issues that are coming in the way of implementation. Better awareness is the need of the hour. Once the customers understand that the benefits of using a biometric system outweigh the fear of migrating to a new system, the adoption of biometric technology will automatically increase.
Fingerprint data captured at the time of enrolment is kept in a database and used for verification of the user.Thecustomer has to swipe their fingers across a Fingerprint scanner to confirm their identity. The data recorded by the scanner is used for validating the user’s identity. Once a match is found the payment is processed and customer goes home happy.
The Digital Persona Fingerprint Reader device is a compact device that can fit into small devices and crowded desktop environments where others can’t. It is a world class technology that has been used all over the world in healthcare, banking, and Civil ID projects. Millions trust Digital Persona Fingerprint Reader device for their online transactions.
These devices are built for high volume, high stress environment. Their rugged built and superior algorithm ensures great results time after time. Whether you need one or several thousand verifications per month, Digital persona fingerprint ‘reader provides world class results every time. These finger print readers can record information from any direction, providing high quality images for a shared environment.