banking, fingerprint, Retail

Industries face different incentives for biometric adoption

Why Do I Get Fingerprinted at 24-Hour Fitness but Not the Bank? (Go Banking Rates)

When discussing the advancements in fraud prevention, executive vice president of the Federal Reserve Bank of Atlanta expressed that the United States is “falling behind the rest of the world in fraud protection, and I’m afraid American consumers are getting the short end of the stick.”

US banks lag behind banks worldwide and American fitness centers when it comes to tightening up ID.

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