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Creating a financially inclusive future with biometric smart cards
Sept. 25, 2023, 5:13 p.m. | Catharina Eklof
Biometric Update www.biometricupdate.com
By Catharina Eklof, CCO of IDEX Biometrics
There is still a wide financial divide across many demographics in society. People who are visually impaired, displaced migrants, unbanked, and those suffering from dementia are the demographics that might benefit from a more smooth, secure, and inclusive method of making payments and verifying their identity.
Nearly one-third of adults worldwide are still without a bank account, according to research by the World Bank Group. This translates to almost 1.7 billion people, …
biometric biometric cards biometrics biometrics news contactless biometrics financial financial inclusion financial services future idex biometrics industry insights making migrants payments people secure transactions smart smart cards society
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