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Cyber Security

Consumers embracing biometrics to protect their information

41 percent of North American consumers are more likely to use digital means to open a financial account than a year ago, while 32 percent are less likely to visit a branch to open account. Canadian consumers have higher expectations about the tasks they should be able to complete digitally than those in the U.S. The vast majority of consumers across North America are happy for their banks to use biometrics such as facial scan, fingerprint and/or voiceprint to protect them. The majority of Americans and 74 percent of Canadians would be happy to do this, with over 40% even expecting biometric account logins to be set as part of the account opening process.

Source: https://www.helpnetsecurity.com/2021/04/26/consumers-embracing-biometrics/

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