Unfortunately, the stumbling blocks are many and varied. Second, some potential customers have already demonstrated considerable resistance. All biometric systems involve both an enrollment phase, in which users sign up to be measured, and a matching phase, in which users' records must be checked to make sure they actually are the card and account holder. Other tests, however, have not been so successful. Meanwhile, consumers have other concerns.
Privacy is one.
There are no legal requirements currently in place involving the security and distribution of biometric data. But some banking regulatory organizations, including the California Bankers Association and the Center for Law in the Public Interest, are drafting bills specifying how biometric information is to be collected and stored, what type of disclosure is required, and how private information might be used. The House Banking Committee is also investigating privacy concerns. Cost is a factor, too. The price of finger-imaging technology, among the most popular, has declined significantly in the past two years.