The digital age has provided lots of opportunities for banks. Banking firms will be able to offer online services and will be able to use digital signature technology to ensure that transactions are safe and secure. The threat of fraud is decreased by digital signature verification because handwriting has been diminished to an acceptable level.
Biometrics technology is far more accurate than the previous generation of biometrics to authenticate identity. However, it’s still beneficial to be aware of the process biometrics had to go through. This article will tell you more about the history of biometrics’ creation and its advancements.
The 1960s – Exploration
The financial and government institutions used Semi-automated facial recognition to authenticate someone’s identity during the 1960s. Manually operated, administrators analyze facial features by removing of usable feature points in photographs. Nine years later, the Federal Bureau of Investigation (FBI) funding resulted in the development of fingerprint identification to reinforce the law against crime.
The 1970s and 1980s – FBI Funding
Biometrics’ technological advancements were made in the 1980s. The technology that uses speech recognition to recognize voices and commands was examined by the National Institute of Standards Technology (NIST). In 1985, the biometrics of iris recognition became popular as researchers discovered that we have distinct blood vessels within our eyes, suitable for biometric authentication.
The 1990s – Biometric Science Takes Off
In the early 1990s, the National Security Agency (NSA) was founded. This was the time of the rise of biometrics in science. Although it was flawed, the invention of the face recognition algorithm paved the way for real-time recognition. It was a good thing that this was possible without the help of the Defense Advanced Research Products Agency and the Department of Defense.
The 2000s – Rollout of Biometric Technology
The International Organization for Standardization (ISO) made it possible for international collaboration to create biometrics standards that can be used in general.
Over hundreds of biometric systems, such as the biomarker for palms and patents, were made accessible for commercial and large-scale events in the early 2000s. Face recognition was also recognized as a biometric verification method in passports and Machine-Readable Travel Documents (MRTDs).
In addition, Computer Engineering and Biometrics Systems Engineering were added to the Bachelor’s Degree Programs at West Virginia University. Programs List.
Present
As a separate research area, biometric science has exploded. Researchers are looking to integrate the field with artificial intelligence technologies to provide a seamless authentication experience, like payment authentication and delegated authentication.
Contact us now! LoginID’s site can provide more details on biometric technology and other authentication solutions.
