Case Study: Empirical Evaluation of a Biometric Credit Card for Fraud Reduction

To provide a more secure financial transaction, identity verification as a user authentication method can be realized through biometrics, most commonly, a fingerprint and can be achieved through the use of merchant touch screen credit card terminals or mobile purchasing applications. Using a physical credit card embedded with a fingerprint positions the user authentication process at the point of sale, thus providing real-time validation of the user as the credit card account owner utilizing the biometric fingerprint as identity proof and signature. This research seeks to evaluate the biometric credit card in an effort to increase the level of credit card transaction security and reduce the occurrences of fraud.