Selfies to emerge as both payment, anti-fraud solution

MasterCard is now encouraging everyone to use their smartphones to “take a selfie”. The payment company is currently testing new facial recognition technology that would let customers verify their identity by taking a self-portrait photo with a camera phone. Typically, selfies are shared on social networking services such as Facebook, Instagram and Twitter. They are usually flattering and made to appear casual. Most selfies are taken with a camera phone which is held at arm’s length or pointed at a

Precise Biometrics integrates Precise BioMatch Mobile in new smartphone

Precise Biometrics announced that it has partnered with Fingerprint Cards (FPC) to integrate its Precise BioMatch Mobile in yet another smartphone whose name was not disclosed. This marks the tenth time in the past year that Precise BioMatch Mobile has been launched within a smartphone model. From the third quarter of the year, this latest integration will generate license revenue, whose value will be determined based on the number of sensors FPC delivers to the mobile phone manufacturer. ”We have

FPC touch fingerprint sensor featured in new OnePlus 2 smartphone

Fingerprint Cards (FPC) announced that the new Android smartphone OnePlus 2 features FPC’s touch fingerprint sensor FPC1150. Sales of FPC1150 for the new smartphone model are included in FPC’s previously reported revenue guidance of about 2,200 MSEK (USD$256 million) for 2015. “OnePlus is a leading smartphone manufacturer in China and we are proud that OnePlus selected FPC1150 for OnePlus 2, its first smartphone integrating a touch fingerprint sensor,” said Jörgen Lantto, CEO of FPC. “FPC1150 supports 360 degree finger rotation

BIS Research forecasts global biometrics market to reach $25.31B in 2020

Market analyst group BIS Research has authored a new report entitled “Global Biometric Authentication & Identification Market: Focus On Modality, Motility & Application – Estimation & Forecast, 2015-2020”, which forecasts the global biometric market will grow from $10.08 billion in 2014 to $25.31 billion in 2020. This significant growth in the global biometrics market represents an estimated CAGR of 16.56% from 2015 to 2020. The report states that the majority of the demand is sourced out of APAC and Middle

Enacomm CMO compares biometric authentication methods, financial institutions exploring biometrics & more top stories

Here’s a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Comparing biometric authentication methods One of the more intriguing stories this week was penned by Enacomm CMO David Anderson, in which he provides a detailed analysis of the various biometric authentication methods, including fingerprint scanning, facial recognition and voice biometrics. Banking Credit card companies such as Mastercard, along with Canadian banks, are developing biometric authentication technologies to enable customers to validate transactions both

Biometrics market growth to be driven by integration into consumer electronics: report

Research analyst group IndustryArc announced it has published a new report entitled “Next Generation Biometrics Market Analysis (2014 – 2020)“, which explores the market by authentication type, biometric type, and by application. Perhaps one of the report’s most significant findings is that the biometrics market is forecast to reach $19.7 billion by 2020. This significant growth in the biometrics market is driven by an increasing demand for data protection in electronic devices, financial services and government documents. The report states

Biometrics industry to reach $26.8B revenues in 2020: ABI Research

ABI Research has published new insights as part of its “Biometric Technologies and Applications Market Research”, in which it forecasts the global biometrics industry will reach US$26.8 billion in revenues by 2020. This forecast proves that biometric security and surveillance has grown to surpass the “trend” threshold and is slowly moving into multiple verticals, one segment at a time. In its research, ABI Research details how biometric technologies are being constantly developed, which continually strengthens their position in existing markets

ZTE releases new smartphone model with FPC fingerprint sensor

Chinese smartphone manufacturer ZTE has released in China a new version of the ZTE Axon Pro with an FPC fingerprint sensor, according to a report by GSMArena. ZTE Axon A2015 features the FPC1025 fingerprint sensor, which is able to undergo a 360 degree finger rotation reading, as well as generate 3D image quality. Priced at $449.98 (without tax), ZTE Axon A2015 features the same aesthetic design as the version that debuted in New York City last week – the only

Precise Biometrics integrates Precise BioMatch Mobile in new smartphone

Precise Biometrics announced that it has partnered with Fingerprint Cards (FPC) to integrate its Precise BioMatch Mobile in yet another smartphone whose name was not disclosed. This marks the tenth time in the past year that Precise BioMatch Mobile has been launched within a smartphone model. From the third quarter of the year, this latest integration will generate license revenue, whose value will be determined based on the number of sensors FPC delivers to the mobile phone manufacturer. ”We have

Westinghouse Security to launch Kickstarter campaign for fingerprint deadbolt lock

Westinghouse Security announced it will be launching a Kickstarter campaign for fingerprint deadbolt lock Westinghouse Nucli on July 21st, with a goal to raise a total of $50,000. The Nucli smart deadbolt offers fingerprint and PIN code authentication via a smartphone app, enabling users to control who has access to their home or business, regardless of location. The device’s integrated Bluetooth, Z-Wave and Wi-Fi provides connectivity with other smart devices, The app, available on both iOS and Android devices, allows