The embedded fingerprint scanner on the iPhone 5s has paved the way for greater acceptance of biometric technology, according to the Future Password Index from digital financial services provider Intelligent Environments.
Some 79% of Brits would ditch passwords in favor of biometric security measures like fingerprint scanners.
Fingerprint technology was voted as the most popular biometric method according to the new index and 53% of UK banking customers want banks to integrate fingerprint scanners into their digital banking services. The least popular method was found to be voice recognition, popular with 27% of customers.
The Future Password Index was determined from an online survey of 2,000 UK consumers, which was commissioned by Intelligent Environments following the company’s findings that 51% of UK banking customers expect their bank to introduce more innovative security measures.