Biometrics industry insight, ID4Africa and behavioral analytics trending this week
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week.
Biometric Update had the opportunity recently to speak with MorphoTrust USA CEO Robert Eckel about the future of the biometrics industry as well as the role in which MorphoTrust expects to play in shaping the industry over the next five to ten years. MorphoTrust USA is a provider of large scale identity enrollment services, biometric technologies and secure ID/credentialing solutions.
In a guest post filed by Technavio media relations and digital marketing manager Jesse Maida, Technavio lead analysts Amrita Choudhury and Deepthi Harimon, who specialize in automatic identification system research, interview Mark Clifton, president of SRI International’s products and solutions division and vice president of SRI International about the future of the iris recognition market.
Gigya SVP of marketing Jason Rose spoke with Biometric Update about the customer identity management firm’s lastest report entitled “Business Should Begin Preparing for the Death of the Password” which shows that 80 percent of consumers believe biometric authentication is more secure than a traditional username and password approach. Gigya commissioned OnePoll.com to survey 4,000 U.K and U.S. consumers earlier this year.
NEXT Biometrics is pursuing the smart card market with a flexible fingerprint sensor it, along with manufacturing partner Innolux, has figured out how to mass produce inexpensively. NEXT Biometrics CEO Tore Etholm-Idsøe spoke with Biometric Update about the scientific and industrial project, and the challenges unique to smart cards with technological innovation.
This year’s event was dedicated to examining the practical requirements necessary to plan and launch successful electronic identity (eID) programs. Delegates from 36 African and 29 non-African countries convened at the annual event to discuss developing successful eID schemes. More than 600 participants are estimated to have attended, along with an exhibitor space featuring 60 companies. Biometric Update was the “official journalist” of the event. Read more about Day 1.
The second day of ID4Africa event focused on practical solutions and saw government officials from 36 African countries explore a range of issues, including the establishment of foundational identity programs such as national ID and civil registration to functional applications. Also discussed were issues of border management, including population management of refugees and other migratory groups. Read more about Day 2.
Rwanda announced at the ID4Africa Forum and exposition in Kigali that it will roll-out an integrated eID card in July. Rwanda will use an eID card with an embedded 64-kilobyte chip to integrate multiple details, including health insurance and driver license data. “The use of such systems will allow identity to unlock programs of social protection, healthcare and mobile payments.”
SITA is researching blockchain technology as a platform that allows passengers to create and store their own secure biometric profile on their smartphone that could serve as proof of identity in an effort to streamline airport security processes. The passenger would retain all biometric data, but the certified identity validation would be stored on the blockchain database and cannot be altered or erased.
Frost & Sullivan has released new research that details how biometric security will be the future of mobile security and how fintechs will drive the expansion of biometric security. A key challenge will be in maintaining reliable security as it is a significant selling point to ensure success as fintech companies work to building consumer trust to grow and compete with established institutions.
A Biometrics Research Group report on “Biometrics and Banking” suggests that the ﬁnancial services sector has emerged as a primary end-user market for biometrics technology worldwide. We estimate that the ﬁnancial biometrics market will eventually account for almost a third of total biometrics market revenues globally by 2020 and that the market will grow at a compound annual growth rate (CAGR) of more than 50 percent from 2016 to 2020.
Safran announced it is changing its companies’ names and its brand identity to reinforce the group’s position as a global industrial leader and accelerate its international growth. Safran’s new brand tagline is “Powered by trust”.
Vasco Data Security International has released Digipass for Apps Face Recognition, a secure and user-friendly feature that uses multiple facial data points to accurately authenticate end users, and next generation liveness detection to block hacker spoofing techniques.
Fingerprint technology company CrucialTec and smart card firm Kona-I have developed a 0.84-millimeter plastic smart card fitted with a fingerprint module to improve the security of financial transactions.
Credence ID has launched CredenceTAB, a full-featured 10 inch mobile biometric and credential reading tablet that enables rapid registration, verification and authentication of user identities from any location.
Unisys client Nationwide has been recognized with the Retail Banking Security Innovation of the Year award for a behavioral biometrics prototype it developed with Unisys and BehavioSec to enhance security and user experience for mobile banking customers.
In cooperation with Synaptics, Precise BioMatch Mobile has been integrated in an updated version of a previously launched tablet from a Chinese vendor. Precise BioMatch Mobile is Precise Biometrics‘ algorithm solution for fingerprint recognition in mobile devices.
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