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.