5 Ways Digital Fingerprinting Help Banking Industry in Canada
August 7, 2024 ⚊ 1 Min read ⚊ Views 24 ⚊ BUSINESSDigital fingerprinting in the banking industry refers to the use of biometric technology to capture and store unique fingerprint data electronically. This technology allows banks to verify the identity of customers more accurately and securely compared to traditional methods such as passwords or PINs. Instead of relying on something that can be forgotten, stolen, or shared, digital fingerprinting uses the distinct patterns of an individual’s fingerprints for identity verification and access control.
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