Five years ago Apple unveiled TouchID, and biometrics quickly took consumer authentication by storm. Today, consumers expect their financial institutions to support fingerprint scanning, but an apparently ever-expanding array of biometric modalities are appearing on consumer devices, ranging from iris scanning to palm geometry. Effectively meeting consumers’ demands while protecting them from fraud means not only integrating multiple biometric modalities, but also supporting them with robust risk assessment and ancillary authentication capabilities to secure critical moments like enrollment. This report evaluates twelve of the leading mobile biometric authentication platform providers to assess the capabilities they offer in authenticating customer

Key questions discussed in this report:

• Which mobile biometrics platform vendors offer the widest array of features for addressing current and emerging fraud threats?
• How are the availability of biometric modalities affecting consumer expectations for their experiences at their financial institutions?
• What factors should financial institutions consider and prioritize when selecting a biometrics platform provider?
• What measures do financial institutions need to implement to secure biometric authentication?

Companies Mentioned: Aware, Capital One, Daon, Entrust Datacard, Equifax, FIS, Gemalto, HYPR, Nok Nok Labs,  Nuance Communications, OneSpan, RSA, Samsung SDS, Sensory, Transmit