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Blue Star Capital Plc

How does biometric authentication work?

As criminals become more sophisticated, biometric authentication is the safest way to prove your identity and pay.

In a digital age, it is getting increasingly hard to make sure that you and you alone have access to the hard-earned cash in your bank account.

There are three common factors used to prove an individual is who they say they are. These authentication factors are:

  1. Something you know (like a PIN, or password)
  2. Something you have (like a smart card, or mobile phone)
  3. Something you are (biometric data, like iris, face or finger vein pattern)

 

Sthaler was formed to find a new way to pay. The company worked with music festival industry to develop a cashless, card-free payment system that was available to everyone. Sthaler developed Fingopay, using VeinID technology, in partnership with Hitachi. Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 1% holding in Sthaler.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.