Global Vein Recognition Biometrics Market in the BFSI Sector to Grow at a CAGR of 27.83% over the Period 2014-2019
The demand for highly reliable and accessible personal authentication and identification systems is increasing in the BFSI sector because of the growing instances of security vulnerabilities and transactional fraudulent in this sector. Biometrics is a suitable and reliable solution as it is based on the behavioral and physiological characteristics of an individual, which is difficult to replicate. Biometrics involves the identification, verification, and authentication of an individual by evaluating one or more unique biological traits such as voice, hand geometry,...
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