Three-quarters of 16- to 24-year-olds are ready to ditch passwords in favor of biometric security measures such as facial recognition, fingerprint, and retina scanning research has revealed.
In a survey of over 2,000 UK adults commissioned by Visa Europe, 76 percent said they would feel comfortable making a payment using biometric security and 69 percent believe this would make their lives faster and easier.
Of the biometric payment methods available to consumers, 16- to 24-year-olds are most keen on verification via fingerprint scanning, with 70 percent predicting that this will be the primary form of identification by 2020.
Other methods of interest to this generation include retina scans (39%) and facial recognition (27%), though voice recognition (12%), fast DNA samples (15%) and implanted chips (16%) remain less popular at present.
“We have more logins and passwords than ever to help keep us secure online and on the high street, but for Gen Z it just feels like an unnecessary burden," said Jonathan Vaux, Executive Director at Visa Europe. Related Articles "Biometric authentication using fingerprint recognition or retinal scans offers an ideal solution, combining unique security and ease of use. As products come online with these features integrated, we expect to see multiple passwords as the industry standard begin to decline."
The research also found that 16- to 24-year-olds are more likely than older age groups to use only a single PIN number (32%) or password (14%) when protecting their personal data.
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