You are cordially invited to the seminar on Biometric Authentication for Banking Services co-organized by Tradelink Electronic Commerce Limited and Daon with details as below:

The use of biometrics for authentication is not a new concept. The introduction of Touch ID in 2013 and Android fingerprint in 2014 brought this technology to mobile devices and into homes around the world. Now, in 2016 biometric authentication is considered as one of the foremost technologies paving the way for the future of data security and mobile convenience. In the past year, the application of biometrics has virtually exploded and we are seeing new biometric modalities, such as face and voice recognition, carve out their place in the market. Biometric authentication is now seen as more secure than usernames and passwords for providing strong authentication to prevent fraud in online banking.

The increased use of biometrics in retail and commercial banking is largely driven by concerns that traditional authentication systems have become less reliable and increasingly vulnerable to hacking. As mobile device usage grows, older authentication systems have also come to be viewed as increasingly burdensome and inconvenient. Biometric authentication can reduce friction in the authentication process and provides a more convenient and secure method of establishing trust to reduce fraud.

In this seminar, Daon, a global leader in mobile biometric authentication, will share how it helps financial institutions and regulatory authorities around the globe to unleash the full power of biometric authentication. Tradelink will illustrate how biometric authentication can evolve from mobile deployment to an Omni-channel strategy as well as to highlight the key considerations for deploying the technology in Hong Kong.