authID.ai and Market Measurement have conducted a survey into FinTech decision makers’ security concerns.
In Brief:
authID.ai offers biometric authentication solutions.
80% of decision makers said their levels of concerns about the risk of legacy identity authentication options were “moderate to high”.
However less than a quarter of respondents have adopted an alternative system like biometrics.
What does this mean?
The study showed that a huge proportion of decision makers (70%) are likely to change the authentication tools they use over the coming year, offering a big opportunity for solution providers in areas like biometrics and ID verification.
