Open Journal Systems

Application of Biometric Technology in Financial Shared Service Center

Yanchang Zhang

Abstract

With the development of the times, financial shared service center has become more and more diversified and complex and the traditional financial system cannot meet the needs of enterprises. Only by providing services anytime and anywhere can we be invincible. In order to reduce costs and improve efficiency, financial institutions deploy biometric technology in various service channels to ensure user authentication and improve the security and timeliness of business processing. Therefore, this article puts forward the application of biometrics in financial shared service center. In order to verify the advantages of biometric technology, this paper analyzes the efficiency and management cost of biometric technology after it is put into use, and tests the cost change of an enterprise for four consecutive years and the change of personnel age for three consecutive years. Through this analysis, it is concluded that the input of biometric technology is conducive to the control of enterprise cost and the adjustment of personnel structure. In order to further the feasibility of biometric technology, this paper compares the data before and after the reform of enterprise financial system. The results show that the efficiency of financial business processing has increased from 5.8 days to 0.41 days, and the efficiency has increased by 14.15 times, which is in the international high level, and the financial shared service center is more intelligent and efficient. Through the analysis, the research in this paper has achieved ideal results and made a contribution to the application of biometric technology in financial shared service center.

Keywords

Biometric Technology; Financial Shared Service Center; Information Technology

Full Text:

PDF

Included Database

References

Corcoran P, Costache C. Biometric technology and smartphones: A consideration of the practicalities of a broad adoption of biometrics and the likely impacts. IEEE Consumer Electronics Magazine 2016; 5(2): 70–78.

Fianyi I, Zia T. Biometric technology solutions to countering today’s terrorism. International Journal of Cyber Warfare and Terrorism 2016; 6(4): 28–40.

Dorpenyo IK. Risky election, vulnerable technology: Localizing biometric use in elections for the sake of justice. Technical Communication Quarterly 2019; 28(4): 361–375.

Lai K, Kanich O, Dvořák M, et al. Biometric-enabled watchlists technology. Iet Biometrics 2017; 7(2): 163–172.

Catling DC, Krissansen-Totton J, Kiang NY, et al. Exoplanet biosignatures: A framework for their assessment. Astrobiology 2018; 18(6): 709–738.

Anbar AD. Iron stable isotopes: Beyond biosignatures. Earth & Planetary Science Letters 2004; 217(3-4): 223–236.

Meadows VS, Reinhard CT, Arney GN, et al. Exoplanet biosignatures: Understanding oxygen as a biosignature in the context of its environment. Astrobiology 2018; 18(6): 630–662.

Paagman A, Tate M, Furtmueller E, et al. An integrative literature review and empirical validation of motives for introducing shared services in government organizations. International Journal of Information Management 2015; 35(1): 110–123.

Kennewell S, Baker L. Benefits and risks of shared services in healthcare. J Health Organ Manag 2016; 30(3): 441–456.

Stafford C, Atkinson-Dunn R, Buss SN, et al. The use of a shared services model for mycobacteriology testing: Lessons learned. Public Health Reports 2018; 133(1): 93–99.

DOI: https://doi.org/10.18686/aat.v2i3.1348

Refbacks

There are currently no refbacks.