--%>
Assignment Help - homework help

Biometrics in banking operations

Biometrics is one kind of technology that can be used to control these kinds of fraudulent practices. May be it is the system which cannot completely stop the practices but yes at least it is the way which can reduce it to the barest minimum. The conventional methods for the security are not so strong that they can do the identification of the person; these systems will not be able to identify the person if he creates a duplicate identity for himself and goes into the bank for some fraud.  But with the help of biometrics it can be reduced a lot. Biometric authentication is the method which validates the identity of the user who wants to log into the system by measuring some intrinsic characteristics of that user. This is a method which uses finger prints, voice prints or the typing patterns. It is the method which is based on some unique characteristics of the user. In other word it is the automatic identification of living individuals with the help of their physiological and behavioral characteristics. This method can easily identify the negative identification. The pin number or the some code is being reissued by the bank system but the biometric identification is never reissued.

   Related Questions in Finance Basics

  • Q : Explain financial markets Explain

    Explain financial markets? Why do they exist?In financial markets, financial securities are bought and sold. They exist chiefly to bring deficit economic units (those needing money) and surplus economic units (those have extra money) together.

    		•
  • Q : Present value influenced by change in

    Normal 0 false false

  • Q : Productivity growth in quantitative

    Normal 0 false false

    		•
  • Q : State statement of cash flows State

    State three major sections of the statement of cash flows? Cash flows from investing activities Cash flows from Operations Cash flows from financing activities Net change in cash balance Cash balance at beginning of period

    		•
  • Q : Advantages-disadvantages of internal

    Describe advantages and disadvantages of the internal rate of return method? The internal rate of return method is discounted cash flow method and number expressed like a percentage. Typically these are seen as advantages. The main disadvantag

    		•
  • Q : Define operating leverage effect and

    Define operating leverage effect and what causes it? Describe potential benefits and negative consequences of high operating leverage? The operating leverage effect is the phenomenon where a small change in sales triggers a comparatively large

    		•
  • Q : Question on price level Normal 0 false

    Normal 0 false false

  • Q : Revision Order #2 Hello, You folks

    Hello, You folks recently completed an order for me. I'm very impressed and much thanks in advance. I'd like to submit more problems (8 attached) if you can have the same expert work on these please? Some of the #'s were slightly modified from my previous order, so should be easier than starting

    		•
  • Q : What is Finance Conversion Code listing

    Finance Conversion Code (FCC) Listing: This is a listing distributed by the State Controller's Office to the departments each spring, that is based on departmental coding updates, will state how the salaries and wages detail will be d

    		•
  • Q : What are Authorized Positions

    Authorized Positions: As replicated in the Governor’s Budget (Expenditures by Category and modifications in Authorized Positions), corresponds with the “Total, Authorized Positions” illustrated in the Wages and Salaries.

    		•