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6 Things You May Not Know About Biometrics

Biometrics hold significant promise and are likely the future of identification and identity verification. However, as noted in a previous blog post, “The Biometric Balancing Act in Digital Finance,” biometrics are a complex and evolving family of technologies. It is important that we understand their strengths, limitations and appropriate applications if we are going to make the best use of them to advance financial inclusion. Biometrics are extremely complex technologies. When they are implemented badly, it is not always obvious, leading to loopholes that can be exploited to facilitate fraud. This informative blog post from CGAP explores six things you should know about biometrics.

CGAP
CGAP is a global partnership of more than 30 leading development organizations that works to advance the lives of poor people through financial inclusion. Using action-oriented research, we test, learn and share knowledge intended to help build inclusive and responsible financial systems that move people out of poverty, protect their economic gains and advance broader development goals. We research and experiment to achieve proof of concept and extract lessons that can be built to scale by our partners, who apply our insights in the marketplace.

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