Biometric authentication has emerged as one of the more convenient methods of authentication, particularly with the increasing ubiquity of mobile devices with a variety of high quality sensors. Financial institutions can realize cost savings and improved customer experience by deploying biometric authentication. This is not without some risks, and consumers still have some reservations about biometrics, though these attitudes are changing with biometric identifiers being built in to consumer devices. This session will look at the opportunities and challenges when testing or implementing biometrics in financial services.
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