Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Technology > Marketing Technology

Meridien: Interest In Biometrics Accelerates After 9-11

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Dec. 10, 2:42 p.m. – Meridien Research, Newton, Mass., today released a report on the growing market for biometric technology in the financial services industry.

Biometrics technology allows determination and verification of one’s identity through physical characteristics, including the face, fingers, hands or irises, according to Homeautomationtimes.com.

Biometric systems have sensors that pick up a physical characteristic, convert it into a digital pattern and compare it to stored patterns for identification, according to the site.

“Security Fears: FSI’s Face Up To Them With Biometrics,” predicts that the use of biometrics to secure financial transactions is likely to move at a faster rate than in the past because of increased security concerns sparked by the terrorist activity in the United States.

“The horrifying events of September 11 have caused many Americans, as well as people around the globe, to take a closer look at how we protect ourselves and our identities,” says Christine Barry, who wrote the report and is an analyst at Meridien, a financial technology analyst firm.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.