Over eight million people in the UK have taken advantage of fake, fraudulent or someone else’s identity to access goods,…
Biometrics Market Reports
Biometrics Research Group Inc. estimates the global biometrics market will grow to US$77.9B by 2026 from its projected 2021 value of US$39.1B.
Ongoing coverage of market analysis, research and forecasts for the biometrics industry. In addition to market research on the general biometrics and digital ID industries, coverage ranges from individual modalities and market segments to related hardware segments like cameras and applications such as mobile payments.
Digital ID experts to tackle fraud, deepfakes in high demand: OCR Labs report
Nine out of ten fintechs are planning to recruit additional digital ID experts to help tackle fraud as they expect…
Digital wallets and biometrics to replace traditional payments in UK: Mastercard survey
Roughly half (51 percent) of people in the UK believe physical wallets will become less relevant as digital ways to…
Vietnamese consumers want to use biometrics instead of passwords; VinCSS wants to help
Consumers in Vietnam are bullish on biometrics, with 75 percent finding them more convenient than using cards or other devices…
Research hints that biometric authentication is gaining real momentum with consumers
Commercial biometric authentication may have reached the point in its history as a culture-changing technology when consumers, regulators and businesses…
Prepare for post-biometric security amid AI cyber-attacks: Traficom
“A familiar voice on the phone or a familiar face in a video chat will no longer be sufficient grounds…
IT is just throwing digital ID security money at gaps, hoping for the best
Research published by an ID management software vendor finds that 70 percent of companies surveyed pay for management tools they…
KYC and AML costs add up, compliance with biometrics costs less: Ondato
The cost of anti-money-laundering (AML) processes for major European banks averages €14.25 million (US$15.15 million) each year, with each of…
Cybersecurity concerns for access control rise as biometrics solutions grow
Physical security is “mission critical” for firms according to the 2022 State of Physical Security Report from Canada-based access control…
Vendor says buyers ready for biometrics as threats outpace security
Ninety-two percent of consumers think cybersecurity threats will continue to outpace defensive efforts. Essentially the same number (91 percent) would…
