Biometrics technology: The past, present and future
Biometrics as a form of technology has been growing rapidly. Biometrics as a form of technology has been growing rapidly. Visa Europe recently conducted a study in UK which suggested that approximately 76 per cent of the population aged between 16 to 24 years are more comfortable making payments using biometric security. Moreover, 69 per cent of this population believes that it will make their lives faster and more convenient. Even in a country like India wherein Aadhaar – a citizen’s Unique Identification Number having registered approximately 750 million users with both their 12-digit number and the individual’s biometrics elements points towards how identity database will slowly be taken over by biometrics in the near future. Payment giants like Mastercard are also looking towards encompassing the biometrics technology with their systems. Ajay Bhalla, president of global enterprise risk and security at Mastercard told Engadget, ‘We want to remove passwords. Passwords are...