Deutsche Bank is considering scrapping traditional passwords in favor of thumbprint technology, facial recognition, and smart tech that knows how you hold a phone.
A recent survey found that password-based authentication is no longer capable of meeting the demands of modern information security, and that 84% of respondents would support eliminating passwords all together.
First Tech Federal Credit Union announced a pilot program with MasterCard that will enable First Tech employees to authenticate and verify transactions using facial recognition and fingerprint biometrics.
A new technique created at the National Institute of Standards and Technology may provide information about when a person and their fingerprints were at a particular location.