Tuesday, April 5, 2016
According to a recent Mobey Forum survey, the use of biometrics in banking and payment systems is on the verge of becoming mainstream.
The survey notes that major technological advances and economies of scale have enabled biometrics to gain strong momentum as a secure authentication factor to verify a customer’s identity in the areas of mobile banking and payment. The report argues that over the last two decades, the technology has steadily proven its credibility in this market, attracting the strong interest of a number of global business players.
The report states: “The vast majority of banks intend to implement biometrics in the relatively near future, just as the number of handset manufacturers planning to integrate biometric capabilities into their devices rises.”
The report also notes that current market forecasts are extremely optimistic, projecting that by 2017, there will be over one billion users accessing banking services through biometric systems.
The report also found that historic concerns about biometrics, with regards to accuracy and price, are no longer so pressing. Other concerns, like security, however, still are. The report notes that for biometrics to succeed, it must be used in combination with secure technologies for storage and processing.
The survey results have now been published by Mobey Forum as a free white paper which explores the suitability of biometrics as a method of identification, authentication and authorization. Its conclusions clearly demonstrate the existing business potential in mobile banking and payment. The reports that when the technology is “combined with mobile, biometrics offers considerable benefits, especially with regard to user experience.”
According to the report, biometrics brings added value to other financial services, such as know-your-customer (KYC), e-contracting, insurance and more. The survey results also confirms growing positive reception of the technologies by consumers. In addition to offering the convenience customers want for mobile security features, the “coolness factor” of biometrics usage on smartphones is enabling the technology gain large user acceptance even across a range of different age groups.
Mobey Forum undertook its survey with 235 respondents from Europe, North America and the Middle East. Fifty-nine percent of the respondents worked for banks and other financial institutions, while 32 percent were from solution providers.
Credit to biometricupdate.com
Did anyone else just hear the “Jurassic Park” theme music start to play?
Russian and South Korean scientists are attempting to clone extinct Ice Age lion cubs by pinpointing DNA in recently discovered remains.
Last August, two 12,000-year-old lion cubs were discovered - preserved in ice in nearly perfect condition - and are now subjects of a cloning project at the Joint Foundation of Molecular Paleontology at North East Russia University in the city of Yakutsk, according to a report by the Siberian Times.
But maybe these scientists should heed the warning that is the entire “Jurassic Park” franchise - here are a few key points, straight from the films worth considering when it comes to reviving extinct creatures.
1.) Dr. Albert Protopopov, a scientist at the Yakutian Academy of Sciences, said of the lion cubs: "This find, beyond any doubt, is sensational.”
But Dr. Ian Malcom, as portrayed by Jeff Goldblum disagrees.
“What's so great about discovery?” he asks in the first installment of the dino-series. “It's a violent, penetrative act that scars what it explores. What you call discovery, I call the rape of the natural world.”
2.) From a T-rex stomping through San Diego in “The Lost World” to containment issues in the dino-zoo in 2015’s “Jurassic World,” the films have proven it is very difficult to contain ferocious, previously-extinct creatures.
3.) Let’s not pretend that everyone who watched “Jurassic Park” still don’t get nightmares about the kitchen scene where velociraptors not only stalk the film’s child stars, but open a door to do it
4.) Big cats are also among the best hunters in the animal kingdom, often hiding in high grass to hunt their prey.
5.) But if we’ve learned anything from blockbuster franchise it’s that “life... uh ... finds a way.”
According to one of movies’ most famous quotes, no matter what safety measures are put in place to control these lion cub clones, they’re going to work their way around it, and find a way to persist.
Credit to Nydailynews.com
Politics Football Sport Celebs TV & Film Weird News TRENDINGPANAMA PAPERSWEATHEREGYPTAIRDYNAMORHIAN SUGDENROYAL FAMILY Technology Money Travel Fashion Mums Home News World news North Korea North Korea claims attacks on US will kill more than 9/11 in latest chilling threat
North Korea has claimed they will kill more people in America than the September 11 attacks.
A ranting article in the hermit Stalinist nation's state-run publication DPRK Today said their weapons are trained on the White House, the Pentagon and other vital strategic locations.
It read: “If three civilian airplanes’ attacks from 15 years ago resulted in 3,000 deaths and brought a nightmare to life for the US, the outbreak of our final war will wipe the country from history, leaving no time (for them to) even regret or have nightmares about it,” read the bulletin, seen by NK News.
Kim Jong-un’s regime has issued a series of threats recently - even threatening long-time ally China.
“Being beaten by only three civilian airplanes, the US was ashamed in front of the world and has suffered incalculable psychological and economical damage,” the article added.
The provocative article comes soon after Kim Jong-un defied a UN weapons ban to oversee the testing of North Korea's new surface-to-air missiles - the country's state media has reported.
The test comes amid growing tensions between the North Korea and South Korea as the dictatorship appears to step up its weapons programme.
Credit to The Mirror