Selling biometrics to the retail sector
Biometric Technology Today · 2003
The retail sector is a potentially ‘hot’ application area for the biometrics industry. Fraudulent transactions and identity theft are rising at unprecedented levels causing unacceptable losses to retailers. Biometric technology is proving successful in fighting these sorts of crimes, and is attracting attention from some of the world’s major retailers. This attention has not yet matured into contracts, however, so for now the use of the technology is confined to small chains of stores, which are using the technology primarily for secure cheque cashing.