Biometric Research

BiometricUpdate.com offers exclusive interviews with important C-level executives, along with forward-looking, systematic data about the global biometric market.

Genetic testing will drive new luxury advertising market

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Biometric Research Group, Inc. expects that genetically-driven personal advertising marketplaces will emerge and become a popular luxury offering to consumers in advanced economies by 2020. The research firm expects that solutions will become available by 2015 which will allow consumers to provide their DNA profiles in order to be directly marketed products based on genetic profile. Consumer magazines have recently chronicled the emergence of the first company that is pioneering the space.  Minneapolis-based startup Miinome has been described as the

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Eye tracking and gesture will control future mobile devices

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Biometrics Research Group, Inc. expects that technologies that track eye and gesture movements will play a large role in future mobile applications and devices. According to a recent New York Times report, the newest smartphone from Samsung will have an eye-tracking feature that will allow its users to scroll down a page without having to touch the screen. While Samsung has not revealed any details about the the technology it will be using, the firm has filed a trademark in the

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Next round of smartphones to incorporate biometrics

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Biometrics Research Group, Inc. expects that biometrics will become integrated within a wide number of mobile devices in the near future. Integration will be driven by smartphone and tablet manufacturers such as Apple and Samsung Electronics, which we expect will add both fingerprint and gesture recognition functionality to their mobile devices within the next year. In January, at the Consumer Electronics Show, a Samsung Android phone was demonstrated which included a fingerprint sensor underneath its screen. Developed by Validity, a

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Biorhythm-based consumer electronics to become mainstream

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The next generation of consumer electronics will focus on measuring biorhythms. Biorhythms are defined simply as the rhythms of life, and include vital body functions, including heart rate and blood pressure. Medical chronobiologists have found that biologic rhythms can affect the severity of disease symptoms, diagnostic test results, and even the body’s response to drug therapy. Now these investigators are working to measure how the rhythms of life can be monitored through microtechnology to improve the practice of medicine and

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Biometric Research Note: Biometrics projected to cut bank operational risks by 20 percent

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The Biometrics Research Group projects that the implementation of new biometric technologies in the banking industry has the potential to cut a financial institution’s operational risks by at least 20 percent over the next 10 years as the technology becomes more widely adopted, especially in advanced Western countries. With the advent of electronic banking, financial institutions are able to reach customers around the globe and conduct transnational business. However, in the process, financial institutions have experienced growth in exponential risk

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Biometric Research Note: Mobile devices to drive bank adoption of voice biometrics

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Financial institutions have identified voice biometrics as one of the best means to secure its client accounts and financial information. Voice biometrics compares various characteristics drawn from a person’s voice such as inflection, pitch, dialect, among others, and matches that with data captured. For voice recognition to work it requires banks and other financial institutions to register their clients voice patterns and correlate them to personal data for incorporation into a database. Voice biometrics solutions allow customers to verify their

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Biometric Research Note: Emerging economies embracing biometric banking technologies

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As the level of security breaches and transaction frauds increase day by day, the need for highly secure identification and personal verification information systems is becoming extremely important, especially in the banking and finance sector. Biometric technology appeals to many financial institutions as a near perfect solution to such security threats. Though biometric technology has gained traction in healthcare and law enforcement, its application in banking security is still in its infancy. Due to the close association of biometrics to

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Biometric Research Note: Asia to lead growth in biometric banking applications

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Identity theft and identity verification has begun to fuel growth for biometric applications in the banking sector. Biometric technologies are especially being adopted for various retail banking applications in emerging economies in Asia, Latin America and the Middle East. The Biometrics Research Group estimates the total revenues for biometrics supplied to the global banking sector will total US$900 million by the end of 2012. Biometrics uniquely identifies a person’s physical and behavioral characteristics. Biometric technologies can verify a customer’s identity

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Biometric Research Note: Indonesia most advanced adopter of eID credentials

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Implementing a biometrically-enabled identification card in Indonesia, the country with the fourth largest population, has been a vital step in creating a nationwide identification infrastructure which embraces and enhances a number of applications, including e-government, financial projects and social services. As BiometricUpdate.com has previously mentioned, Indonesia committed US$600 million to provide a national identity card to all of its 172 million residents. The Asian nation has introduced a new eID credential to replace all existing identity cards. The cards, entitled

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Biometric Research Note: World’s first multilateral eID border crossing program proposed in Caribbean

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Politics, bureaucracy and logistics might be delaying the world’s first multilateral border crossing program, but the concept, once it moves forward, has the potential of being the most effective eID implementation ever implemented. The eventual deployment of the CARIPASS program will facilitate quick, secure travel between Caribbean countries. With the introduction of CARIPASS, the 15 participating governments in the Caribbean Community (CARICOM) aim to enhance regional security and support expedited travel throughout the entire region. To participate in CARIPASS, eligible

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