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The Next Level of Authentication: Vein Recognition

Biometrics is gaining more and more popularity in the financial services industry worldwide. In fact, the biometrics market is expected to reach a value of $30 billion by 2021. The technology is claimed to be the most convenient method as users don’t have to remember the numbers, codes or passwords.

Seeking to leverage the technology, a range of banks have turned to testing biometrics on limited audiences/particular markets. It may not take long till the industry makes biometric authentication a mainstream and ditches passwords once and forever.

Although there are some mainstream methods like fingerprint, new more exciting development ar ...

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