Beyond passwords: A guide to biometric authentication
Passwords are a challenging and a highly imperfect solution for granting account access to your trusted customers. Asking customers to re-assert their identity at every touchpoint only leads to frustration and abandonment. And passwords leave customers vulnerable to identity theft and account takeover attacks.
For financial services firms and their customers alike, the risks and costs associated with passwords far outweigh the benefits.
Biometrics that can leverage widely available consumer devices are a more secure and convenient way to authenticate customers. But not all approaches are equal. In this e-book by Mitek, we’ll tell you why, and what to consider in your journey to a passwordless future with device-enabled biometric authentication.
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