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Fingerprint biometric solutions, like many other technology categories, faced stiff headwinds during the past few years of geopolitical, macroeconomic, supply chain and public health upheavals. But they still sustained their longstanding popularity. No other modality offers the same combination of speed, ease of use and accuracy, plus cost-effectiveness – especially in regions where low implementation costs are particularly important.
It doesn't hurt that more people have now likely used fingerprint technology than any other biometric factor, primarily to unlock what may be the most widely used consumer device on the planet. This is one of the many reasons why credit unions and other institutions in the banking, financial services and insurance (BFSI) sector believe this technology will help them weather a growing range of evolving and increasing dangerous security threats.
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