Professionals in biometrics and adjacent industries have long agreed on the importance of standardized testing of biometric technologies, but that consensus may be strengthening further. That's one way to interpret some of the latest results from … [Read more...] about Year in Review: The Consensus Solidifies on Biometrics Testing
New Report Anticipates $2.7 Billion Biometrics-as-a-Service Market
MarketsandMarkets has released a new report that suggests that the global Biometrics-as-a-Service (BaaS) market will climb from $1.2 billion to $2.7 billion between 2019 and 2024. Those figures represent a CAGR of 17 percent for the forecast period. … [Read more...] about New Report Anticipates $2.7 Billion Biometrics-as-a-Service Market
FIDO Authentication Spotlighted at World Economic Forum
The World Economic Forum (WEF) is encouraging organizations to adopt the FIDO Alliance’s passwordless authentication standards with a new paper that was published during last week’s annual meeting in Davos. The paper was put together with input from … [Read more...] about FIDO Authentication Spotlighted at World Economic Forum
London Police Announce Plans to Deploy Facial Recognition Cameras
London’s Metropolitan Police are officially moving forward with plans to introduce facial recognition cameras at various points throughout the city. The cameras will only be active for five or six hours at a time to search for suspects on a … [Read more...] about London Police Announce Plans to Deploy Facial Recognition Cameras
Year in Review: The Appeal of Biometric Airport Screening
Biometrics-based expedited screening systems have continued to spread to more airports around the world over the past year. In the US these have taken a few different forms, such as TSA PreCheck, Nexus, and the expanding CLEAR program, in which … [Read more...] about Year in Review: The Appeal of Biometric Airport Screening
More Details Emerge About Amazon’s Proposed Palm Payments Scheme
Amazon is reportedly trying to develop checkout terminals that would allow customers to use a palm scan to pay for goods and services at physical establishments. The tech giant has been collaborating with Mastercard and Visa – in addition to card … [Read more...] about More Details Emerge About Amazon’s Proposed Palm Payments Scheme
Year in Review: ‘Friction’ is Still a Bad Word
It was at the 2018 Money20/20 event in Las Vegas that a quip about the importance of frictionless user experiences started to become a kind of meme in the world of FinTech: "Friction is the new F-word," the saying goes. It was hard to disagree with … [Read more...] about Year in Review: ‘Friction’ is Still a Bad Word
Clearview Quietly Sells Face Recognition Tech to Law Enforcement Agencies
Privacy advocates are in an uproar in the wake of a bombshell report from the New York Times. The report details the activities of a company called Clearview AI, an American startup that has quietly provided facial recognition services to more than … [Read more...] about Clearview Quietly Sells Face Recognition Tech to Law Enforcement Agencies
BioCatch Calls Attention to Rising Rates of Digital Fraud
BioCatch is taking a look back at 2019 to warn consumers about the growing threat of digital fraud. The company noted in a new blog post that digital fraud has been steadily rising every year, and cited several studies that show the trend continued … [Read more...] about BioCatch Calls Attention to Rising Rates of Digital Fraud
Year in Review: When Do We Think Biometrics Will Replace the Password?
The annual FindBiometrics Year in Review survey always delivers a number of interesting and sometimes complicated insights into how the biometrics industry sees itself, but one of the simplest and most interesting of its findings comes from the … [Read more...] about Year in Review: When Do We Think Biometrics Will Replace the Password?
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