Int. Biometrics Payments Standard

The International Organization for Standardization (ISO) has published a standard for the implementation and management of biometric identification technology within the financial services industry. The ISO says that the new standard, ISO 19092:2008, Financial services – Biometrics – Security Framework, is designed to increase the security of financial transactions that take place over electronic networks. Biometrics, which includes technologies such as finger images, voice identification, eye scan and facial images, is increasingly considered as a reliable means of authentication, the ISO says. “Its (biometrics) advantage and appeal lies in its convenience and ease of use, its level of apparent security, performance and non-invasiveness,” the standards body says.