Biometric adoption and demand by consumers is increasing rapidly. Next-gen solutions now exist for organizations to bring secure, frictionless authentication to their consumers using biometric solutions. Michael Lynch of InAuth shares insights.
"Biometric data combined with device authentication software is a vast security improvement over the broken user name and password system," says Lynch, InAuth's chief strategy officer. "Companies are seizing the opportunity to make transactions on mobile devices more secure while remaining friction-less."
In an interview about biometrics and authentication, Lynch, discusses:
- Problems biometrics can solve for businesses;
- Vulnerabilities that still exist with fingerprint authentication;
- The use of biometrics in InAuth's InMobile platform.
Lynch serves as Chief Strategy Officer, where he is responsible for leading InAuth's new products strategy, along with developing key domestic and international partnerships. Lynch brings two decades of experience in key roles within financial services, consulting, and Fortune 500 companies, specializing in security and technology leadership. Prior to joining InAuth, Lynch served as a Senior Vice President for Bank of America, responsible for Authentication Strategy. He served at Bank of America for 14 years in various leadership positions within technology, customer protection, and online and mobile security strategy roles. Prior to Bank of America, Lynch specialized in information technology in various financial services, Fortune 500, and consulting services roles.