Participants overwhelmingly approved of the $8.6 billion,Mountain View, Calif.-based First Tech Federal Credit Union'sbiometrics pilot last fall, according to the credit union.
During the pilot program, more than 200 First Tech employees testedMasterCard Identity Check's mobile app using artificial funds, andfacial recognition and fingerprint biometrics tools, in a closedenvironment.
Overall, participants found that biometric authentication waseasy to use on its own (88%) and a clear majority found it to beeven easier than password-based authentication (86%). More than 90%of participants said biometric payment authentication is somethingthey could see themselves using on a daily basis.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
