Biometrics in banking - opportunities and threats of the Bank of the future Cover Image

Biometria w bankowości - szanse i zagrożenia Banku przyszłości
Biometrics in banking - opportunities and threats of the Bank of the future

Author(s): Julita Mlaskawa
Subject(s): Economy, Financial Markets
Published by: Polskie Towarzystwo Ekonomiczne w Zielonej Górze
Keywords: Biometrics, bank; customer identification; customer authentication; security

Summary/Abstract: Biometrics is a natural marker of identity of every human being; thanks to this it is more and more often used as an access key to designated IT spaces and systems. The use of biometrics methods in banking concerns, in particular, customer identification and verification. Modern technologies enable the use of the method in the area of stationary banking, as well as in telephone and online banking. The human body has a specific set of individual biological characteristics based on which one may conduct a preliminary analysis of the client's health or identify lost or wanted persons. The synergy of banking services with early medical diagnostics and generally understood security is a challenge for researchers and practitioners. The main advantage in favour of the introduction of biometrics in banking is the increase of safety of bank transactions and eliminating the physical circulation of paper documents within the organisation.

  • Issue Year: 2/2015
  • Issue No: 3
  • Page Range: 110-120
  • Page Count: 11
  • Language: Polish