A Study on the Utilization of Biometric Authentication for Digital Signature in Electronic Financial Transactions: Technological and Legal Aspect

Jae-Hun Song, In-Seok Kim

Abstract


Today, leading smartphone manufacturers offer biometric technologies such as fingerprints, voice recognition, and iris patterns in their flagship models. These biometric technologies are used for authentication. Biometric authentications are widely used in device security and even in financial transaction. This paper examines cases where a user uses biometric authentication during financial transaction (both online and smartphone banking), and explains biometric for non-repudiation by digital signature. Finally, the paper also explains technical and legal requirements for biometric authentication in the area of financial services.


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References


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