Abstract
Paying with your fingerprint coming to a store near you. Buying groceries with a touch of a finger is already being marketed and used in many stores. Finger scanning will soon be ubiquitous, offering speed and convenience to consumers. It will help protect and prevent identity theft. Kids growing up now cannot imagine you needing a cord to use a telephone. Soon they will be saying, “You mean you had to carry around a piece of plastic or a piece of paper to buy something?” Right now about 500 stores are offering biometric payment and are projected to triple in 2006.
The Jetson Age
Identity theft has become a major concern for consumers these days and companies are trying to figure out a way to help their customers protect themselves against it. For some time, biometric authentication seemed to be a technology in search of a quality application. Now these two problems are coming together. The idea of linking personal characteristics to a database of settlement sources is beginning to be adopted in grocery stores and retail outlets across the country.
What is biometrics?
Biometrics refers to the use of an automatic system to verify personal identity through physiological and behavioral characteristics. Biometric payment technology allows the consumer to pay with a touch of a finger on a fingerprint scanner. The fingerprint template is usually linked to a router and transmission media necessary to clear the transaction through an automated clearinghouse. Many of the biometric payment transaction providers are focusing on grocery, home improvement and convenience stores, others have show interest in fast food, car washes and vending operations.
Biometric payment providers require compl...
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...ier. Biometric payment will reduce fraud and identity theft, speedup checkout and most importantly lower transaction processing fees retailers, improving their bottom line. A 20% reduction in processing costs over the next several years can show a 4% increase in earnings per share. This is making the big-box discounters like Wal-Mart and Costco look at this technology closer.
References
Boyle, Matthew. (2006). Let your fingers do the paying. Retrieved September 4, 2006, from www.furtune.com.
McCarthy, Ellen. (2005) Cash, Charge or Fingerprint. Retrieved September 4, 2006, from www.washingtonpost.com.
Wade, Will (2003) Fingerprint Payment Systems Going Live at U.S. Retailers. Retrieved September 4, 2006, from www.americanbanker.com.
Wong, Grace (2005) Cash or plastic? How about fingerprint?. Retrieved September 4, 2006, from www.cnnmoney.com.
Ehrenreich, Barbara. Nickel and dimed: on (not) getting by in America. New York: Metropolitan Books, 2001. Print.
Ehrenreich, B. (2011). Nicke and dimed: On (not) getting by in america. New York, NY: Picador.
Ehrenreich, B. (2001). Nickle and dimed: on (not) getting by in america. New York, NY: Owl Books Henry Holt and Company, LLC.
Ehrenreich, Barbara (2001). Nickel and Dimed On (Not) Getting By in America. Published- New York, New York.
(f) Spoof attacks and Template security: Spoof attack refers to the deliberate attempt to manipulate one’s biometric template in order to avoid recognition, or generate biometric artifacts in order to take someone’s identity. And still biometric systems are susceptible to attacked in a number of ways (Ratha et al., 2001). For example, a fingerprint recognition system can be circumvented by using fake or spoof fingers (Nandakumar et al., 2007, Nandakumar et al., 2007a). Behavioral traits like voice (Eriksson et al., 1997) and signature (Harrison et al., 1981) are more susceptible to such attacks than physiological traits. Security of biometric templates is also another critical issues in biometric systems. The stolen biometric template can be used to gain unauthorized access to the system (Adler, 2003, Cappelli et al., 2007, Ross et al., 2007).
Biometric and encryption sounds are not too fresh, for most users, any of each technology alone is not enough to make you feel excitement. However, If we develop a new study or a new technology, which combine the biometrics and encryption. We can find that the technology combining these two techniques are very amazing.
My field of study is Criminal Justice. A new development in this field had been put in place by the FBI this new development is Next Generation Identification system or (NGI) which is what it will be referred to in this essay. NGI is what will be enhancing and/or replacing IAFIS which is the current system used my law enforcement. NGI is a state-of -the-art biometric identification service. NGI is a one point two billion dollar investment by the U.S. federal government. It will take a total of ten years for NGI to be fully activated. NGI is divided into six different stages, which are ten-print processing, RISC, national palm repository and latent searches,facial recognition and Rap Back,Iris recognition, and Tech refresh.
In the excerpt from Barbara Ehrenreich’s, “Nickel and Dimed”, Ehrenreich uses her own knowledge and scientific experience from a PhD in biology to further research the life of a low wage worker. She goes through her own low wage job experience with the corporate cleaning agency, “The Maids.” Ehrenreich offers a profound perception of the day-to-day challenges and sacrifices that low wage workers face to keep their jobs, support their families, and survive in a corporate driven society.
Nickel and Dimed provides a first-hand perspective on the experiences a low-wage worker may encounter. It also supplies the reader with the knowledge that minimum wage is not a “livable” wage. Ehrenreich’s coworkers often fin...
As we can see now-a-days, there are many replacements to card payments such as MOBILE PAYMENT options like Apple and Samsung Pay. Recently, Apple has launched finger print (TOUCH ID) payment option in its new Mac-book Pro. Almost every application has its own wallet to pay. But still, as we know that technology is any day not secured. It might not be vulnerable today. But, we cannot predict its non-vulnerability because one day or the other, it becomes vulnerable to any type of attack.
Biometrics is described as the use of human physical features to verify identity and has been in use since the beginning of recorded history. Only recently, biometrics has been used in today’s high-tech society for the prevention of identity theft. In this paper, we will be understanding biometrics, exploring the history of biometrics, examples of today’s current technology and where biometrics are expected to go in the future.
"The Cost of ID Theft, Part 1: Beyond Dollars and Cents." Commerce Times: Business Means Business. N.p., n.d. Web. 18 Nov. 2013.
After the September 11, 2001, terrorist attacks the biometric community has made vast technological improvements in protecting the United States and its borders (The Biometric Consortium, 2012). Biometrics is an automated method of recognizing an individual based on a physiological or behavioral characteristic. Biometrics includes features such as face, fingerprints, hand geometry, handwriting,
Ehrenreich, Barbara. Nickel and Dimed: On (Not) Getting by in America. New York, NY: Metropolitan Books, 2001.
Nowadays, the information is the most treasured asset in an organization, due to it along with the experience represents the input necessary to take appropriate decisions and consequently to have success in the business. Almost all the information and knowledge related with the processes business, goods and services offered by a company, is processed, managed and stored through technology and information systems, thus the security of information has become increasingly important and plays a critical role in the enterprise government.