THE MIDWESTERN STATE UNIVERSITY [chapter]

2019 A Life on the Middle West's Never-Ending Frontier  
Biometrics systems have been in real world production for close to two decades. There is ample data to measure the success rate of these systems and to determine if the financial industry is widely adopting them and accepting the cost of these solutions. This research seeks to clarify whether or not it is likely that consumer oriented biometrics solutions will be widely funded and adopted by the Credit Union (CU) industry. The conclusion is that without catalysts such as firm regulatory
more » ... regulatory requirements and industry standards, it may be fair to assume that consumer oriented biometrics lack sufficient business drivers to increase their use by CUs in the near future. However, CU managers must continue to monitor developments of biometrics solutions applications both within and outside the financial sector for opportunities to take advantage of the technology, rather than just deal with it, if required.
doi:10.2307/j.ctvhrd1kc.11 fatcat:gfgf6ctyvjalfjy2feesuju32y