Major Applications of Facial Recognition Technology in Financial Services Industry Reviewed by MIC in Its Report Available at MarketPublishers.com19 Oct 2017 • by Natalie Aster
LONDON – Nowadays, financial transactions and financial management form the key service areas of the financial services industry. Both these sectors require strict security for different transactions performed by either service providers or their clients. In this regard, there is a high demand for stricter and more safe identification verification methods.
During the recent past, a great number of financial services providers worldwide have incorporated various biometric authentication technologies into their financial services, for instance, fingerprint recognition, vein recognition, facial recognition and iris recognition.
Today, there is an enhancing trend in the number of applications using facial recognition technologies, therefore, the demand for these technologies is expected to gain momentum in the foreseeable future.
In-demand topical research report “The Application of Facial Recognition Technology in the Financial Services Industry” elaborated by Market Intelligence & Consulting Institute (MIC) points out and examines the major cases of facial recognition technologies usage in the financial services industry. This study offers comprehensive information on the existing facial recognition technologies, highlights the major purposes for usage and application models of facial recognition technologies in the financial services industry, scrutinizes the key demand drivers and restraints, and also identifies and discusses future prospects.
Other Cutting-Edge Research Reports by MIC Include:
- The Worldwide Motherboard Industry, 3Q 2017
- The Taiwanese Desktop PC Industry, 3Q 2017
- Worldwide Major Mobile Phone Vendor Performance, 3Q 2017
For many other topical research reports by MIC follow publisher’s online catalogue at MarketPublishers.com.