• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

FindBiometrics

FindBiometrics

Global Identity Management

Invixium Titan
  • Biometrics
    • What are Biometrics?
    • FAQ
    • Biometric Associations
    • Companies
    • Premier Partners
  • News
    • Featured Articles
    • Interviews
    • Thought Leadership
    • Podcasts
    • Webinars
    • Year in Review
  • Applications
    • Biometric Security
    • Border Control and Airport Biometrics
    • Consumer and Residential Biometrics
    • Financial Biometrics
    • Fingerprint & Biometric Locks
    • Healthcare Biometrics
    • Justice and Law Enforcement Biometrics
    • Logical Access Control Biometrics
    • Mobile Biometrics
    • Other Biometric Applications
    • Physical Access Control Biometrics
    • Biometric Time and Attendance
  • Solutions
    • Behavioral Biometrics
    • Biometric Sensors and Detectors
    • Facial Recognition
    • Biometric Fingerprint Readers
    • Hand Readers & Finger Scanners
    • Iris Recognition
    • Biometric Middleware and Software
    • Multimodal Biometrics
    • Physiological Biometrics
    • Smart Cards
    • Vein Recognition
    • Voice and Speech Recognition
  • Stocks
  • Events
  • Directory
  • Podcasts

Government and Payments Sectors Dominate This Week’s Top Biometrics Stories

October 24, 2020

Government and Payments Sectors Dominate This Week's Top Biometrics Stories

Government and payments are the two big sectors in this week’s roundup of FindBiometrics’ top stories.

In the realm of government biometrics, IDEMIA got some attention this week with its announced of a new biometric kiosk designed for border screening in the European Union. New regulations for border control around the Schengen Area are scheduled to come into effect in 2022, and IDEMIA’s TravelKiosk EES is designed to meet them:

IDEMIA Introduces New Biometric Kiosk for European Borders

Meanwhile, in Singapore, government officials are preparing to launch a comprehensive digital citizen ID program that will allow citizens to access government services – and those of private sector partners – through face-based biometric authentication:

Singapore Moves Forward with National Facial Recognition System

Next we have an article that bridges the government and payments sectors. Acuant VP of Engineering Glenn Larson turned some heads this week with his argument that the dwindling use of physical cash and coins is going to leave the 1.7 billion unbanked adults of the world in a particularly vulnerable position, and that government authorities need to embrace solutions like digital ID and biometric authentication to deliver the kind of financial inclusion that’s need to address this problem:

Governments Must Embrace Biometrics, Digital ID as Cash Dissipates, Says Acuant Exec

Readers were also interested in payments facilitated by biometric cards this week, with Zwipe having issued a Q3 operational update that highlighted its positioning efforts in the emerging biometric payment cards market:

Zwipe Prepares For Large-Scale Biometric Card Commercialization in 2021

Finally, a look at the bigger picture: a new market forecast projected that the global market for identity products will rise from $7.6 billion this year to $15.8 billion in 2025, reflecting a CAGR of 15.6 percent. Biometric technologies are, of course, a component of this market, if not the biggest one:

Identity Verification Market Expected to Reach $15.8 Billion by 2025: Report

*

Stay posted to FindBiometrics next week as we continue to bring you the latest news and interviews from the exciting world of biometrics. To see the hottest stories of the week in mobile digital identity, visit our sibling site Mobile ID World.

–

October 24, 2020 – by Alex Perala

Related News

  • Fraud is Top of Mind in This Week’s Top Biometric StoriesFraud is Top of Mind in This Week’s Top Biometric Stories
  • Expansion, Acceleration, and Discussion: This Week’s Top Biometrics StoriesExpansion, Acceleration, and Discussion: This Week’s Top Biometrics Stories
  • Big News in Citizen ID, Retail Payments, and Airport Biometrics: This Week’s Top StoriesBig News in Citizen ID, Retail Payments, and Airport Biometrics: This Week’s Top Stories
  • The High Stakes of Biometrics: This Week’s Top StoriesThe High Stakes of Biometrics: This Week’s Top Stories
  • Facial Recognition in the Spotlight: This Week’s Top Biometrics StoriesFacial Recognition in the Spotlight: This Week’s Top Biometrics Stories
  • 2020’s Biggest Trends: This Week’s Top Biometrics Stories2020’s Biggest Trends: This Week’s Top Biometrics Stories

Filed Under: Featured Articles Tagged With: Biometric, biometric border control, biometric payment cards, biometrics, government biometrics, news roundups, payments, roundups, top stories, top stories roundups

Primary Sidebar

PREMIER PARTNERS

ID4Africa to Focus on Crisis Response at Marathon of Innovations
NEC Neoface Express

Participate in the 2020 Year in Review:

NEC Neoface Express

Sponsored Links

AU10TIX, an identity management company headquartered in Israel, provides critical, modular solutions to link physical and digital identities so that companies and their customers can confidently connect.

CMITech is a leading provider of high performance, cost effective iris recognition systems. The company is setting the industry standard for advanced user interfaces that are fast, intuitive and effortless. Serving enrollment and authentication solutions of all sizes, CMITech systems include binoculars-type, wall mount, desktop, and kiosk-type product configurations.

Onfido is building the new identity standard for the internet.Our AI-based technology assesses whether a user’s government-issued ID is genuine or fraudulent, and then compares it against their facial biometrics. That’s how we give companies like Revolut, Zipcar and Bitstamp the assurance they need to onboard customers remotely and securely. Our mission is to create a more open world, where identity is the key to access.. For more information, please visit
www.onfido.com
TECH5 is an international technology company headquartered in Geneva, Switzerland, with branches in the US, Europe and Asia, dedicated to the design, development, and distribution of biometrics-driven Identity Management solutions. Target markets include Government and Private sectors with products powering Civil ID, Digital ID, eKYC, Digital Onboarding, Visitor Management and others. Learn more:
www.tech5.ai
ThreatMark brings trust to the digital world by providing cutting-edge fraud prevention solutions. Major banks use ThreatMark's AI-powered technology and behavioral biometrics to build secured banking experience to precisely verify their legitimate users, seamlessly across all digital channels. All while securing the users' most precious assets and keeping the fraudsters away. Learn more:
www.threatmark.com/
Thales digital ID
MobileIDWorld

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

IDEMIA big box

Recent Posts

  • The High Stakes of Biometrics: This Week’s Top Stories
  • Plurilock Files Patent Application for Behavioral Biometrics-based Remote Authentication System
  • NEC Highlights Contactless Biometrics and Remote Networking in Recap of 2020
  • CBP Uses Biometrics to Catch Criminal at Laredo Border
  • SMi Group Brings DHS Speakers to Virtual Border Security Conference

Biometric Associations

IBIA and fido
BIO-key One plus One

Tweets

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives

Follow Us

Copyright © 2021 FindBiometrics