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Commerce Glossary
A comprehensive resource to help you master the language of commerce.
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What are Biometrics?
bi - o - met - rics
noun
Are physical, human aspects that are used to digitally identify a person to allow access to devices or systems. This includes fingerprints, voice authorization, or facial recognition, each of which can be used as a form of identification. Biometrics contribute to a strong authentication system that plays an important role in combating fraud or any suspicious online transactions. Fraud reduction via strong authentication with biometrics means better data exchange between you and customers, while also allowing acquiring and issuing banks to execute transparent risk assessment.
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