Precise Biometrics has launched a new spoof and liveness detection solution to secure mobile payments from fraud and identity theft.
This anti-spoof solution is software-based and uses machine learning to continuously adapt to new forms of spoof attacks.
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The company said that the platform is designed to works with any type of sensor on the market and can be upgraded to tackle emerging spoof threats.
Precise Biometrics CEO Hakan Persson said: “This is the first solution that offers fingerprint matching and liveness detection combined in a single software-based product, enabling easier integration at a lower cost compared to hardware-based solutions.
“By adding the other features in our security suite, we are offering our customers a one-of-a-kind toolbox for secure fingerprint technology, enabling trustworthy mobile payments.”
According to the Biometrics Research Group, 60% of all transactions are expected to be performed via biometric authentication by 2020, primarily via fingerprint sensors in mobile devices.
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By GlobalData
