< How Canadian lenders are turning to new technology to prevent fraud - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

How Canadian lenders are turning to new technology to prevent fraud

In the not-too-distant future, your bank will be able to prevent fraud by learning how you type, your car will unlock when it senses the electrical activity of your heart and the security system at your office will recognize your facial features. That’s according to experts in the field of biometrics, which identifies a person by measuring unique characteristics such as their fingerprints, their retinas or their voice. But these types of distinctive identification authentication processes offer more than the promise of a higher degree of security than traditional passwords.

Read the full article at BNN.