Face recognition technology enables banking consumers to access their accounts and complete transactions quickly and conveniently. It also prevents identity fraud and satisfies consumer expectations about smart banking. The facial verification software compares a picture or live footage of the customer with a database of labeled images and videos that are uploaded by a bank. […]
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In today’s world, the technology landscape is rapidly transforming leading to better and more improved services and biometrics is no exception to this. What most of us would come to think of as an entirely new term – the Biometrics as a Service is a cutting-edge technology at its infancy having the potential to change
Biometrics as a Service vs. Software as a Service, everything you need to know. Read More »
While unimodal biometrics work on a single source of information for authentication, multi modal biometrics accept data from more than one biometric. This provides a greater scope of input data for the system to process, thus increasing its reliability and security. Fraud resistance, flexibility and user acceptance are some of the main advantages of multi
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AI brings human intelligence to everyday devices and has a huge impact on security. In the world of surveillance, AI helps to overcome the problem of video monitoring being an inefficient task that takes up too much time and effort for security operators, A good AI system has the ability to detect various incidents, including
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India is a key market for managed security services (MSS), with its banking, financial services, and insurance sector pioneering digital adoption. The market’s growth is driven by the persistent lack of cybersecurity professionals and a growing threat landscape for enterprises and governments. As the cyber threat landscape continues to evolve, security vendors are developing solutions
Indian Security Market 2023 Read More »
Developed by the Ministry of Civil Aviation, Digi yatra is a digital service that allows contactless processing of passengers at airports using facial recognition technology. It is being launched for three Indian airports – New Delhi, Bengaluru and Varanasi – to achieve paperless air travel. Passengers can register on the app by sharing details such
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If you’re thinking about switching from a digital id to a traditional id, you need to know what the advantages and disadvantages of this change are. This article will go over some of the major pros and cons. These benefits include improved financial crime compliance, increased security, less risk of forgery, unauthorized use, civic and
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Biometrics privacy is an important topic, particularly since biometrics can be used for many different purposes. There are even a number of industries that use them. For example, in the medical industry, retinal scanning and identification are used. As a result, there are some concerns about how this technology can be abused, such as spoofing
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Optical character recognition (OCR) is a computer technology which helps to recognize text on documents, photographs, and other images. It can also be used to convert text from scanned documents into machine-encoded text. Principles Optical character recognition (OCR) is an automated process that turns printed text into a machine-readable format. It is used in applications
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