Proposal of a new method for e-banking authentication based on fingerprint reader

Abstract

The paper presents a novel method/mechanism for electronic banking transactions authentication based on biometrics, using fingerprint reader. The method allows to identify the client not only by something that he has or knows, but who he is. Therefore, the proposed solution enhances security of transactions authentication by an additional factor of client identification - this kind of solution hasn't been currently used by banks in Poland so far. The article also presents that the application of an additional level of security is not associated with an increase of costs for banks but allows them to reduce them, especially for long-term relationships with customers