Biometric technology is a solution to identify people through their biological characteristics. Biometrics of human body include face, iris, eyebrow, fingerprint, palmprint, etc. What is the effect of biometrics on financial industry?
The core of the so-called biometric recognition is to collect biometrics, transform them into digital information, store them in the database, and use reliable matching algorithm to complete the process of identity verification and recognition. At present, the three main recognition technologies are face recognition, fingerprint recognition and iris recognition.
At present, the biometric market has maintained a rapid growth. In recent years, China will promote the standardization of biometrics in the fields of information technology, information security, financial transactions and social security. This industry has great potential. In order to ensure the real identity of each user and the security of funds is an important issue in the financial field. Accurate and timely verification of user identity is always the premise of controlling financial risk.
At present, the traditional identity authentication method is “account + password” or authentication through dynamic port marking, which may be lost and stolen. To some extent, and operators can not identify financial service users, and biometric technology has a series of advantages, such as not forgetting or losing, anti-counterfeiting performance, not easy to forge or steal.
Its outstanding performance in terms of security provides a more reliable means for the bank’s remote core institutions to help the banking industry move towards a wider range of self-service and mobile financial services.
In recent years, the gradual change of customer behavior has put forward new requirements for banking service and value creation mode. How to meet the needs of customers’ mobile financial services, while taking into account the natural and smooth interactive experience, to obtain customer recognition, is an urgent problem facing the banking industry. After the biometric technology is applied to the bank equipment, customers can interact with the machine directly. The convenient and fast business process saves the cost of human-computer interaction and provides customers with a natural and smooth service experience.
In recent years, the gradual change of customer behavior has put forward new requirements for the customer service and value creation mode of banking industry. How to meet the needs of customers’ mobile financial services, and give consideration to the natural and smooth interactive experience, so as to obtain customer recognition, is an urgent problem for the banking industry.
After the biometric technology is applied to the bank equipment, customers can interact with the machine directly, and the convenient business process saves the cost of human-computer interaction, and provides customers with a natural and smooth service experience.
When the smart machine is used for self-service card opening, the user uses the “face recognition” authentication function to accurately identify the customer’s real identity by accurately comparing the “customer’s face” with the photos on the ID card. Guard against potential business risks.
ATM uses dual cameras to capture users. Another important function is to check users through infrared cameras to determine whether the input is face or picture. The system will automatically capture real-time photos. Compare with photos in the banking system. After confirming the identity, select the withdrawal card number, enter the withdrawal amount, password, and finally withdraw the cash.
Biometric technology has been widely used in the financial industry. In the next five to 10 years, the world will enter the era of no perception core and no device core, and identity recognition will be completed without user perception. Anticipate the vision of biometric technology. For the financial industry, it is necessary to continuously improve the accuracy of technology, speed up the identification speed, optimize the user experience, and study the privacy protection policy.
Editor in charge: yyx