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Software Industry News

June 15, 2015

Majority of US consumers prefer mobile biometric authentication over passwords: study

Telstra Global released a new report that reveals the majority of US consumers using mobile banking applications prefer their mobile devices feature biometric authentication instead of passwords and usernames. Titled “Mobile Identity – The Fusion of Financial Services, Mobile and Identity“, the report states how smartphones have become the primary channel used by Gen X and Gen Y to access and manage their finances, which has shifted the expectations of how financial institutions ought to manage mobile identity. For the