Tag: Biometrics

The use of biometrics is everywhere. From buying a coffee to opening a bank account, there are more ways than ever to encounter the technology.

The global value of biometrically authenticated remote mobile payments are expected to reach $1.2trn by 2027, rising from $332bn in 2022, according to new findings from Juniper Research.

Samsung Electronics has released its new fingerprint security designed to improve the confidence of biometric payment cards.

TypingDNA has released its ActiveLock solution, a typing biometrics-based continuous authentication technology that protects businesses from unauthorised users.

Payments giant Visa has chosen RegTech company Callsign to be its proffered behavioural biometric digital and device intelligence identity provider.

Digital biometrics platform FACEKI has collected pre-seed funding from technology-focused venture capital firm Nama Ventures.

A survey by FICO has found almost a quarter of UK-based respondents would move to a competitor if asked to visit branches or post documents when applying for an account.

A study from Juniper Research has discovered the number of users of software-based facial recognition to secure payments will exceed 1.4bn people globally by 2025.

Biometric-powered identification platform IDmission has received the ISO 27001:2013 certification, which is the international standard for best practices in information security management systems.

Fingerprint sensor technology could end up adding $5bn in biometric payments to banks around the world's revenues by 2026, according to UBS.