Three-Quarters of Consumers Will Share Biometrics to Secure Their Bank Account: FICO Survey
Consumers’ demand for convenience extended to financial services as well, FICO research found. While 41% are more likely to open an account using digital channel, 25% will actually abandon the process if they have to use a non-digital channel to complete the process. Concern about identity theft is so high that 75% will provide their bank with a biometric such as facial scan, fingerprint or voiceprint to secure their account.