Iris scan for senior citizens soon? Banks look at options for verifying transactions

Indian commercial banks are considering using iris scans for transaction verification, especially for senior citizens, due to reliability issues with fingerprints and thumb impressions. Discussions are ongoing with the Reserve Bank of India and other stakeholders regarding implementation challenges and cybersecurity concerns.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dP2ZlYv