Biometry – Fingerprints Guarantee Security of Banking Operations, Purchases and More

The great advantage of biometrics is to identify ‘who’ is doing ‘what’. In addition to increasing the security of numerous procedures, preventing one person from gaining advantages over another, from the point of view of the user the convenience and ease of this type of technology is increasingly valued. According to Phil Scarfo, senior vice president of worldwide sales and marketing for Lumidigm, the US company for global authentication solutions that provides biometric sensors for some of Latin America’s largest banks and other global markets, the use of digital ID will be still higher in 2013, consolidating itself as a strong trend in the financial market, among others.

“The biometric sensors rely on multispectral imaging technology that provides good fingerprint reading as early as the first attempt to use, seeing both the superficial layer of the skin and a second deeper layer where the blood vessels reproduce the exact surface design of the finger. To withdraw money at an ATM, for example, simply insert the bank card and bring the finger closer to the fingerprint reader . That simple. No password will be needed anymore, nor training, since the procedure has been totally facilitated, “says Scarfo. “Today, any finger can be identified: dirty, wet, dry or worn. This increases security and convenience for users. ”
Although the large investments in the use of biometrics originate in the financial system, the tendency is that digital identification is spread by numerous segments. According to the Lumidigm executive, there are five very strong trends in biometrics for next year:

1. Integrated electronic cash registers

Despite the recent ATM attacks in large cities, the trend of making life easier for consumers is quite large.Therefore, the Brazilian can count on this facility in supermarkets, shopping malls, hotels, gas stations, commercial condominiums, large stores and companies.The digital identification of the operations should guarantee greater security and practicality.

  1. Industrial and commercial use of biometrics

Fingerprint sensors will increasingly be seen in large companies and industries, controlling people and processes, managing access to certain environments, heavy machinery, fleet management, and security.

  1. Mobile Applications

The ability to extend the use of biometric sensors to quickly read a two-dimensional QR code demonstrates how much more can still be done to increase the security of banking operations, for example, and still facilitate the customer’s routine, which will no longer need to memorize passwords. six digits or use tokens when authenticating financial transactions.Two-dimensional barcodes are becoming more and more popular.Today they appear in theater tickets, shows, sporting events, e-commerce, in the print and digital media.State-of-the-art handsets are already set up to read these codes, and ATM integration certainly reinforces security when it comes to paying an account, making a withdrawal or any other banking operation.

  1. BYOD (Bring your own device)

Another major trend is to take mobile devices to the desktop and use them in corporate tasks.But if on the one hand it promotes more interaction, on the other hand it makes the systems more vulnerable in terms of security – a threat that biometrics can solve.So, next to BYOD, we can add the BYOI (Bring your own identity).People never forget the fingerprint at home.By biometrically authenticating professionals who are allowed to access the system, the vulnerability decreases conveniently.

  1. Biometrics in transport

According to the proposals of the candidates for the city hall of São Paulo during the 2012 Elections, the use of biometrics in transport should soon become a reality.Instead of loading the subway/bus integration tickets, for example, there will be a biometric registration in which the person can only approach his finger from the biometric reader to be properly identified when accessing the transport in question (bus stop or subway station).