Biometric Deployments Must Consider the 'Internet of Things' – PaymentsSource

August 10, 2016 Facebook Twitter LinkedIn Google+ Uncategorized

Measuring multiple biometric factors can help mitigate these accuracy issues. While voice biometrics may be a convenient way for banks to authenticate customers across many of the devices they will use in the future, those devices will also be capable of capturing other biometric samples. Mobile banking users could log in via a combination of voice authentication and a fingerprint reading from their smartphone. Those logging in via laptops and desktops could be authenticated through both voice and facial recognition based on images captured by the computer’s camera. As automakers put more cameras and image sensors in their new models, using facial recognition will also be possible for authentication in connected cars, something Volkswagen is already working on.Some devices – like the Echo – may not be capable of capturing a second biometric factor besides voice. In those cases, customers could provide a PIN or spoken phrase as a second authentication factor.It is well past time that banks and other organizations put passwords to rest, as passwords have done little to stem the rise in cybercrime over the past few years. Biometric authentication offers a convenient path for customers to authenticate themselves without passwords, and leveraging multiple biometric factors will increase the accuracy of biometric authentication. The challenge for banks will be in implementing such multi-factor biometric authentication systems across new types of devices that are customers are adopting before hackers learn how to infiltrate those new devices and use them against banks’ customers.Paul Schaus is the President, Chief Executive Officer and Founder of CCG Catalyst.