JOURNAL ARTICLE

How Biometrics Are Transforming the Customer Experience.

  • Published In: Harvard Business Review Digital Articles, 2023. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Stowell, Therese 3 of 3

Abstract

This article examines how biometric technologies, such as facial and fingerprint recognition, are transforming customer experience across various industries by enabling secure, convenient digital access. It highlights the adoption of biometrics by fintech companies like Revolut and Monzo for remote identity verification, which traditional banks and other regulated sectors have since followed to meet evolving consumer expectations accelerated by the COVID-19 pandemic. The article emphasizes the importance of balancing speed, security, and privacy, noting that biometrics can enhance fraud prevention and trust but must be implemented ethically with inclusive AI to avoid bias. It also discusses challenges related to data storage and the need for user-friendly design to ensure broad accessibility.

Additional Information

  • Source:Harvard Business Review Digital Articles. 2023/03, p1
  • Document Type:Article
  • Subject Area:Health and Medicine
  • Publication Date:2023
  • Accession Number:162999132

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