As rigid, password-based systems lead to more security breaches, they are quickly replaced by real-time biometrics, leading to a passwordless future.
American Banker shares some of the companies that may stand to benefit from the Equifax hack as identity verification becomes top of mind; Mitek is planning to roll out a new product called Mobile Verify for Lending; other companies that have similar solutions include Trulioo, VixVerify and AuthenticID. Source