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The future of the banking industry becomes increasingly interconnected with biometric technology. Sberbank has already started implementing the latest technologies in this field and collecting its clients’ biometric data. Experts estimate that two million bank clients will use biometrics by 2020. This is the main focus of the Interface project conducted by students from ITMO’s Faculty of Infocommunication Technologies. The project even got the prize for the best creative solution at the Fintech Cup-2018 Championship. In this interview with ITMO.NEWS, the students share their thoughts about the future of biometric data.
Students, postgraduates and alumni who want to improve their financial technologies-related skills, work with real-world problems, listen to expert opinions as well as find employers and future partners, are welcome to join the competition on June 24. Over the course of three stages, teams from all over Russia will compete in two categories of choice: business analytics and software development in the field of financial technologies. The competition is sponsored by the international payment service QIWI, VTB24 bank, Bank Otkritie and ITMO University’s Institute of Cyber Technologies for Financial Systems (ITMO.Fintech). Read on to find out more about the competition’s rules, participation conditions and cases.