Browsing by Subject "Financial technology (FinTech)"
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Item Restricted The Biometric Age in Sri Lanka(2021) Dahanayake, H; Lieb, Manfred G; Mantel, Peter; bachelor thesis in Digital Business and ManagementSri Lanka is in the process of updating its National Identity Card with electronic capabilities to fulfil today's global requirements for an ID. Furthermore, the Sri Lankan government plans to develop a National Biometric Database by collecting biometric data from all of its citizens. The National Biometric database would serve the purpose of a Biometric Identification system to identify people swiftly and accurately. Sri Lanka is using the Indian model to plan the implementation of its system, and the development of this system would give public institutions full open access, while limiting private entities, such as banks and other financial organisations, to restricted access. By allowing limited access by the FINTECH organisations, they can make their customer verifications at the onboarding process and for other financial transactions both safer and more efficient