What are the benefits of biometric authentication in banking?
Biometric authentication enhances security by using unique physical traits like fingerprints or facial recognition.
How does it compare to traditional password methods?
Unlike passwords, biometrics are harder to steal or forget, making them more secure and user-friendly.
Are there any privacy concerns with using biometrics?
Yes, there are concerns about data storage and potential misuse, but regulations can help mitigate these risks.
What technologies are commonly used for biometric authentication?
Common technologies include fingerprint scanners, facial recognition systems, and iris scanners.
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