An Authentication Model for Online Transactions Using Biometric Security

Abstract

The recent developments in online transactions have benefitted the consumer by enabling them to perform transactions on small mobile or tablet sized devices rather than on large mainframes or other virtually connected structures. The next generation of online transactions highlights the issue of successfully making secure online transactions as the 3 prime categories in any online transaction, namely, Banking, Wallet, and Shopping, enables the consumers to store their passwords on the application itself which later is stored in the databases or on servers. This increases the possibility of password breaches. Thus, the application of technology like Biometric security, will not only decrease the threat to personal data, but the consumers would no longer have to remember passwords, and through each step, while making an online transaction it would be secured with their biometric prints. This paper outlines the importance of biometric in today's fast pacing world where technology is rapidly advancing and each day bringing more threat to data, identity, and credentials of the consumers.