Businesses embrace biometric verification, predicting 70 billion digital ID checks by 2024
Technology | Oct 02, 2023, 01:24 PM ISTBiometric verification methods, known for their effectiveness in combating such fraud, employ liveness checks to deter spoofing attempts. The banking sector is predicted to lead in the number of checks, with an estimated 37 billion in 2024, constituting 53 per cent of global ID verification.