About Justin Lee

Justin Lee has been a contributor with Biometric Update since 2014. Previously, he was a staff writer for web hosting magazine and website, theWHIR. For more than a decade, Justin has written for various publications on issues relating to technology, arts and culture, and entertainment. Follow him on Twitter @BiometricJustin.

Goode Intelligence forecasts mobile & wearable biometrics to surpass $6.2B by 2022

Goode Intelligence published a new analyst report forecasting that revenues for mobile & wearable biometric authentication will surpass $6.2 billion in revenues by 2022. In “Mobile & Wearable Biometric Authentication Market Analysis and Forecasts 2017-2022 (third edition)”, Goode Intelligence also predicts that by 2022 over 3.3 billion users will be benefiting from biometric authentication. Over the six years since Goode Intelligence has covered the market, it has grown significantly year-on-year with mobile biometric authentication becoming a regular security feature in

Biometric sensor shipments to see 30% CAGR from 2017-2020: report

Digitimes Research has published a new research report that reveals that fingerprint recognition sensors accounted for 96 percent of all biometric sensor product shipments in 2016. The report forecasts that as more new sensor technologies begin entering the market, biometric sensor product shipments are expected to achieve a CAGR of 31.2 percent from 2017-2020. Biometric sensor technologies are mainly grouped into two major categories: the static type (fingerprint, iris, face, palm vein recognition) and the dynamic type (voiceprint, heartbeat and

Pindrop Labs finds 113% rise in fraudulent calls at call centers in past year

Pindrop released its seventh annual Call Center Fraud Report, which found a 113 percent increase in the fraud rate in 2016, year-over-year. The report found that fraud rates in 2016 were 1 in 937 calls compared to 1 in 2,000 calls in 2015. Pindrop’s researchers analyzed more than half a billion calls protected by the company’s Phoneprinting technology to identify three key weaknesses in the call center that have contributed to the rise in fraudulent activity. One of the most

Visa testing behavioral biometrics for use in future social payments

Visa is testing and refining a range of behavioral biometric technologies including voice recognition and ambient authentication, in preparation for the next generation of social payments, according to a report by International Business Times. The credit card giant is looking to work with social payment platforms to create secure transactions that don’t require the level of intervention by the payer that they perhaps do today. “If your screen is always on and you are looking at it while you are

Jumio sets record Q1 2017 financial results with 47 percent growth

Jumio has issued its financial results for Q1 2017, which showed 47 percent growth in annual recurring revenue (ARR) year-over-year. The company attributes the net new growth to a surge of enterprise accounts, setting records for the most enterprise accounts in a given quarter and in daily transaction volume. Meanwhile, Jumio’s customer base continues to expand as a result of its comprehensive identity verification solutions, which include Netverify Trusted Identity as a Service, ID verification, identity verification and document verification.

Royal Society study finds UK public mostly optimistic about machine learning

The Royal Society has published a new study that finds that the UK public are mostly optimistic about artificial intelligence technology, according to a report by The Guardian. The research, which was conducted by Ipsos Mori on behalf of the Royal Society, provides insight into the potential of machine learning over the next five to 10 years, as well as how the technology can be developed in a manner that benefits everyone. Nearly one-third of survey respondents believe that the

Samsung’s facial recognition not ready for mobile payment, insiders say

Sources from Samsung and industry insiders claim that Samsung’s facial recognition technology requires more than four years to be solely used to authenticate mobile payments, according to a report by The Investor. Samsung announced last month that the Galaxy S8 will feature facial recognition technology, in addition to iris and fingerprint, to deliver improved security for mobile banking and other sensitive applications. In addition, the technology is expected to be used for Apple’s iPhone 8 which will be released later

Appdome for BehavioSec enables mobile biometric authentication

Appdome has partnered with BehavioSec to deliver Appdome for BehavioSec, which enables mobile developers and mobility professionals to rapidly integrate advanced biometric and behavior based authentication solutions with current mobile apps without any code changes. BehavioSec’s behavioral biometrics solution works in real time, preventing fraudulent activity and attacks by verifying end users by their unique patterns while handling their device. The technology captures specific user information, analyzing details of the user’s keystrokes, press and sequence, as well as their device

DoD planning to pilot biometric technologies to replace access card

The Department of Defense (DoD) said it is planning multiple pilots for multi-factor authentication solutions including biometrics and other “patterns of life” technologies, over the next six-to-12 months, according to a report by Federal News Radio. The initiative comes nearly a year after former DoD chief information officer Terry Halvorsen set the goal of replacing the Common Access Card (CAC) with more agile and less costly authentication technology. Halvorsen said in November that the eventual solution might combine biometrics such

Smartmatic app uses facial recognition to make voting more accessible

Smartmatic has developed a facial recognition-based app that allows people to register for elections and vote by taking a selfie from any location, according to a report by the BBC. The voting technology combines facial biometric data with a government-issued ID card to establish a digital identity, which prevents would-be fraudsters from logging onto another individual’s smartphone to cast a vote. The app developer claims the technology is more secure than standard online banking or retail systems. “There’s huge potential,