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…
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.
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…
Physical security is “mission critical” for firms according to the 2022 State of Physical Security Report from Canada-based access control…
Ninety-two percent of consumers think cybersecurity threats will continue to outpace defensive efforts. Essentially the same number (91 percent) would…
Over 131 million US nationals utilize face biometrics technologies daily, and almost half of them do so to access three…
A large majority of U.S.-based IT executives at smaller firms are increasingly working with biometrics, according to a vendor-funded survey,…
The physical access control system (PACS) market is estimated at $8.1 billion and is expected to expand briskly at a…
Is an era of Zero Trust consumers really dawning? A survey paid for by a digital ID authentication company claims…
A survey paid for by a digital ID verification company indicates that at least 70 percent of cryptocurrency users are…
Cameras serving as the front end of facial recognition systems and other border surveillance technologies will double in value in…
The percentage of phones with built-in biometrics capabilities remained at around 81 percent over the last year, according to Cisco…