Identity theft is the fastest growing crime in the United States, according to the Secret Service and the Federal Trade Commission. It is also an ever-increasing threat to businesses as the sophistication level of hackers continues to evolve. To combat this risk, organizations are fighting back with new biometric technologies that play a vital role in confirming and managing identities.
In response to the request from Bulgarian authorities, the European border security agency Frontex will significantly strengthen its ongoing activities at the country’s land borders.
Biometric security checks such as voice, facial or eye recognition are still not favored by the vast majority of Americans despite the technologies’ ability to make it easier to access online services.
According to new research from Visa, consumers across Europe are interested in using biometrics when making a payment – especially when integrated with other security measures.
While many biometric modalities have been tried at the ATM, fingerprint biometrics has become one of the most widely used, partly because of its long history, but more importantly for its ease of use, performance, interoperability, ability to thwart imposters and low cost.
