With the rise of various threats in the market, the banking industry must come with methods to stay ahead of the curve to deflect cyber criminals from accessing our financial records. Biometrics offers a solution to prevent such intrusions, and allows users to authenticate themselves via various technologies to access their financial information.

1. Biometrics in
Banking Industry
DEBASHIS CHANDA

2. Current Use of Biometrics
 Government
 Border controls
 Healthcare
 Authenticate patients
 Workforce Management
Accurate attendance

3. Current Issues in Banks
 Various types of frauds
 Debit / Credit Card
 Email
 Cheque
 Telephone
 Loan applications
 Costs $16.31 Billion

4. Current Issues in Banks
 PINS, PINS, and more PINS
 Security Questions
 Inconvenience

5. Biometrics in Use
 Fingerprints
 Voice
 Facial Recognition
 Iris scans
 Heartbeats

6. How can Biometrics Help?
 Security
 Eliminate PINS
 Fraud reduction
 Automate existing processes
 Potential customers
 “Unbanked”

7. Industry Practice
 RBC & Manulife
 Voice/ Speech authentication
 MasterCard
 Selfie Pay

8. Economic Benefits
 Cost Reduction
 Fewer branches
 Higher profit margins

9. Future of Biometrics
 Behavioral
 Vascular

10. The End