Acuity forecasts one trillion cloud-based biometric transactions by 2022

More than one trillion transactions will be authenticated with biometrics in the cloud by 2022, supported by 5.5 billion biometrically-enabled mobile devices, according to forecasts released Monday by Acuity Market Intelligence in “The Global Biometrics and Mobility Report.” Annual revenues from biometric transactions will grow from $474 million in 2017 to $18 billion in 2022, a CAGR over 100 percent, Acuity forecasts. Biometric app revenue will grow by 26 percent annually, from $9.4 billion to 29 billion during the period,

Crossmatch executive shares market trends and company strategy

Crossmatch announced the addition of typing behaviour as a passive behavioural biometric authentication layer for its DigitalPersona composite authentication solution this week. This follows a series of announcements throughout 2017 about new partnerships, new products, and contract wins that have kept the company in the headlines. John Hinmon, VP Global Marketing at Crossmatch addressed trends in the biometrics industry, Crossmatch’s continuing growth, and new developments for the company, including the BehavioSec partnership, in an exclusive email discussion with Biometric Update.

FBI purchases 450 units of Integrated Biometrics FIVE-0 mobile fingerprint scanners

The Federal Bureau of Investigation (FBI) has purchased 450 units of Integrated Biometrics’ new FIVE-0 mobile fingerprint scanners. The FIVE-0 is a FAP 50 FBI Appendix F Certified, AFIS compatible 10-finger scanner that is built to meet the challenging demands of field operations and small enough to fit into a shirt pocket. According to a company statement, FIVE-0 delivers FBI certified images under conditions that limit other technologies. “This purchase represents a powerful vote of confidence in our FIVE-0 and

Vision-Box demos Seamless Airport 4.0 at FTE Asia

Vision-Box will host a demonstration of its Seamless Airport 4.0 ecosystem this week in Singapore at Future Travel Experience Asia 2017. The Seamless Airport 4.0 introduces a traveler-centric ecosystem into the airport environment through automation, biometrics, personalized self-service, real-time data analysis, and smart connectivity. The solution also features Vision-Box’s Mobile ID technology, which allows passengers to securely store biographic and biometric data in their mobile devices. Using a selfie, travelers can take advantage of the self-processing operation and with a

ZorroSign secures electronically signed documents using mobile biometrics

Users of the ZorroSign Digital Transaction Management (DTM) platform can now secure, validate, and authenticate electronically signed documents using biometrics and their mobile devices.​ This capability is currently available on select Android devices with iOS soon to follow. In a company statement, Shamsh Hadi, ZorroSign co-founder and CEO, said that “Mobile biometrics was a natural evolution for ZorroSign” and that “this integration provides the best user experience with the additional security and safety of high-valued documents of our customers.” ZorroSign

Mobile biometrics market to grow 79% CAGR to 2021

Technavio has published a new market research report that forecasts that the global mobile biometrics market will grow at a CAGR of more than 79 percent from 2017 to 2021. The report, ‘Global Mobile Biometrics Market 2017-2021’, provides an in-depth analysis of the market in terms of revenue and emerging market trends, including up to date analysis and forecasts for various market segments and all geographical regions. “Various sectors, such as healthcare and defense, and enterprises are increasingly using the mobile

Integrated Biometrics ships 450 Five-O units to FBI amid growing demand

Integrated Biometrics has shipped 450 units of its Five-O mobile ten-finger enrollment and matching device for use by the FBI, to improve the agency’s field identification capabilities. Integrated Biometrics integration partner InCadence Strategic Solutions won the contract to provide the units for use with Federal Government software, giving FBI agents mobile identification capabilities in situations in which it was not previously available. The deal demonstrates the FBI’s confidence in being able to extend biometric technology closer to where identification is

Mobile biometrics market to exceed $50.6B in revenue in 2022

Acuity Market Intelligence released a new research report which forecasts annual revenue from the mobile biometrics market will grow at nearly 41 percent CAGR from $6.5 billion in 2016 to $50.6 billion in 2022. The market — which is comprised of biometrics embedded in mobile devices, biometric app downloads, and biometric transactions authentication — will amount to revenues exceeding $193 billion for the total forecast period. “The potential for consumer use of mobile biometrics dwarfs any previous application of biometrics,”

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

BioRugged to showcase new low-cost mobile biometric devices at ID4Africa

BioRugged will showcase several new devices at its exhibit booth at the upcoming ID4Africa conference, in a major expansion of its portfolio of mobile biometric products. Among the hardware products it will present are the Suprema BioWolf LE biometric tablet, a mobile solution for smart card printing, and the Ruggbo 20 and 30 prototypes. ID4Africa 2017, being held in Windhoek, Namibia, April 26-28, is the third annual conference of ID4Africa, a multi-stakeholder organization promoting digital legal identity development on the