In The News
January 21 - Survey says young people ready to replace passwords with biometrics

Article: Technology For A Global Monetary System
 
A new survey commissioned by Visa Europe reveals that 76% of 16- to 24-year-olds are ready to replace passwords with biometric authentication methods such as facial recognition, fingerprint and retina scanning, according to a report by The Telegraph.
 
Seventy-six percent of the 2,000 UK adults surveyed said they would feel comfortable making a payment using biometric security while 69% felt that the authentication method would make their lives faster and easier.
 
Survey respondents said that they would prefer using fingerprint scanning over all the other biometric payment methods available to consumers, with 70% predicting that this will be the primary form of identification by 2020.

 

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