SmartMetric Inc (SMME)

[jaros]

Biometrics is a preferred authentication method among customers!

Based on the research:

- 77% of customers do not trust the old security systems such as mobile apps.
- 50% of customers have been the victims of data breach.

That is pretty high percentage folks.

and here is the important one:

Majority of respondents cited fingerprint verification as a preferred authentication method!

If customers want fingerprint secured cards, banks will have to give customers what they want. I am sure one of the banks will offer them, which will cause a snowball effect. Other banks will have to follow in order to draw or keep customers.

Source: http://finance.yahoo.com/news/77-consumers-not-trust-security-160134834.html