North Dakota Bankers Association - link home

About Us Government Relations and Legal Education Business Partners Communications

NDBA Home















Communications

Survey: One in 10 Mobile Banks Offer Fingerprint Authentication

Posted on 3/24/2016

Just 9.5 percent of all financial institutions offering mobile banking use fingerprint authentication, such as Apple's Touch ID technology, for account access, according to a study released yesterday by consulting firm Celent. However, the study found that financial institution uptake of fingerprint verification is growing fast, more than doubling since October 2015.

Even among the largest financial institutions, just 38.1 percent offer fingerprint authentication. Only 8 of the 21 institutions with assets over $100 billion that offer mobile banking include fingerprint access. Fewer smaller banks offer the service; of those with $10-100 billion in assets, 19.7 percent do. The share offering fingerprint verification falls to 13.5 percent for institutions with $1-10 billion, 11.7 percent for those with $500 million to $1 billion in assets, 8.8 percent for those with $100-500 million, and 6.7 percent for those with less than $100 million in assets.

To read more visit: http://bankingblog.celent.com/2016/03/23/there-are-exactly-608-us-firms-offering-banking-fingerprint-authentication-2/



Members Only
Calendar of Events

ND BANKS Benefit Trust

Office Depot Banker Signup

2018 NDBA High Impact Presentations

2018 Bank Management Conference