Review Banking on Biometric in the World's Banks and Introducing a Biometric Model for Iran's Banking System
Seyyede Samine Hosseini, Shahriar Mohammadi · 2012
The number of transaction frauds and security breaches in traditional security systems such as passwords are rapidly increasing, and the necessity for a strong authentication method become inevitable. Due to the role of customers in progress of banks, and thus in the economic development of countries, banks should provide convenient and more secured banking services to customers. Banks could not meet this aim via using traditional authentication methods such as identification cards and passwords/PIN, because there are many attacks that could be launched against this authentication system. Biometric technology seems to be a perfect solution to defeat these threats. In this paper we review current biometric applications in banking industry in the world, and then the results of this research are presented. Authentication methods using in Iran’s banking system and a suggestion for using a biometric model in this system that could help banks operate more securely is presented.