authID CEO Tom Thimot joined Proactive to discuss the Long Beach, New York-based biometric identity verification software's findings within its 2021 Fintech Security Report.
Thimot says based on its report, 84% of fintech and banking leaders are worried about legacy authentication solutions like OTP/KBA and plan to invest more in newer, cutting-edge solutions this year. What's more, Thimot outlined authID's plans for the remainder of 2022.