Search Results for: Biometrics
2.6 billion to use biometrics for payments by 2023; Report
October 23rd, 2018
Goode Intelligence forecasts 2.6 billion to use biometrics for payments by 2023. By 2023, nearly 579 million biometric payment cards will be used globally to enable frictionless customer authentication for higher-value contactless transactions, according to new research from Goode ...
Mobile Biometrics will verify trillions of dollars in mobile payments by 2023
July 26th, 2018
Mobile biometric technology is going to play a much bigger role in payments over the next few years, according to a new market forecast from Juniper Research. The UK-based firm predicts that by 2023, such technology will be used ...
European Association for Biometrics conference: easing the digital journey
November 21st, 2017
Customers are impatient and friction leads to lost sales – a key takeaway from last week’s seminar on the use of “Biometrics in Banking and Payments” organised by the European Association for Biometrics. Researched flagged by Michael Sass, VP ...
Precise Biometrics signs license agreement with Oberthur Technologies for secure fingerprint recognition in eSE
May 18th, 2016
Precise Biometrics, the leader in fingerprint software, has entered an agreement with Oberthur Technologies (OT), a leading global provider of embedded security software, products, services and solutions, for licensing of Precise BioMatch™ Embedded. The integration of Precise Biometrics’ leading ...
Biometrics payment startup Zwipe raises $5m to accelerate global growth
October 14th, 2015
Biometrics pioneer zwipe raises $5m from high-tech innovation group kuang-chi to accelerate global growth Zwipe, which launched the world’s first fingerprint authenticated payment card on 17 October last year, today announced that it has raised $5 million in equity ...
Survey: Four in five consumers globally would use a biometric payment card
July 13th, 2021
More than four fifths of consumers (81%) worldwide are ready to use a biometric payment card and authenticate payments with their fingerprint rather than a PIN code, according to a survey commissioned by a biometric technology provider. The survey ...
Facial recognition use triggers GDPR fine
August 30th, 2019
Sweden’s Data Protection Authority has issued its first fine for violations of the European Union’s General Data Protection regulation after a school launched a facial recognition pilot program to track students’ attendance without proper consent. The country’s privacy authority ...
Biometric mobile payments to hit 1T transactions, $51B in revenue by 2022
December 6th, 2017
Biometric transactions may soon replace cash payments: By 2022, mobile biometric solutions will authenticate more than 1 trillion transactions annually, driving the market to $50.6 billion in annual revenue that year, according to a new report from Acuity Market ...
Log into bank’s app via a selfie
November 7th, 2017
OCBC Bank’s retail and business banking customers can now log into the bank’s app via a selfie, if they use Apple iPhone X. The bank says it’s the first in Singapore to offer such biometric tech. “By leveraging Apple’s ...
Artificial intelligence mobile payments are coming sooner than you think
November 1st, 2017
Artificial Intelligence, or AI, is an umbrella term comprised of numerous computer systems which enable machines to think, learn, and react as a human would. These systems include, Machine Learning, such as Deep Learning and Predictive Analysis, Speech to ...
