A Study on the Opinion of Engineering Students on Significance of Biometric System for Authenticationofinternet Bankingsystem in India- A Review

Abstract

As a result of the need for cashless economy, the banking sector has come up as electronic banking popularly known as the e-banking system. It encourages the utilization of electronic (computer platform) to perform payment through bank transfers in terms of biometrics although their growth has not been as fast as some have predicted. This kind of system has been said to be very useful in stirring any economy from cashbased economy to a cashless economy with numerous advantage.There is a stigma attached to biometrics in which people have concerns over their usage. It may be that they fear what banks may do with their personal biometric data or it may be that they do not like the disturbing nature of the devices. A user-trial was suggested to investigate the awareness of biometrics, in order to conclude what the general public think about biometrics and their use. There were seven biometric devices chosen for the study and they are Fingerprint recognition, Iris recognition, Facial recognition, Signature recognition, Voice/Speech recognition, hand print and palm geometry with regards to its availability and cost. Hence, this paper has presented the usage of multiple human physiological cum physical features in securing this platform from the opinion of the technology students as they are the future of the country. Fifty student participants had taken part in the survey to answer questions to gain an opinion about the technology. It was found that fingerprint recognition was the most favoured of the technology, whereas Voice/Speech and Signature were the least liked.