research

Report: 90 Percent of Consumers Believe Biometric Security is More Effective Than Passwords

Report: 90 Percent of Consumers Believe Biometric Security is More Effective Than Passwords

Mastercard and researchers from the University of Oxford’s Department of Computer Science have teamed up to help financial services executives deliver biometric security to their customers. The effort is based on research pointing to an important obstacle: While consumers appear ready to embrace biometric security, bank executives are somewhat at a loss as to how…

New Research Suggests Technophobia is a Key Obstacle in Biometric FinTech Adoption

New Research Suggests Technophobia is a Key Obstacle in Biometric FinTech Adoption

The biggest obstacle to mainstream adoption of advanced new FinTech is a lack of understanding on the part of the customer, suggests HSBC in a new research report. Entitled Trust in Technology, the report is based on surveys of a little over 12,000 respondents across Canada, China, France, Germany, Hong Kong, India, Mexico, Singapore, the…

Researchers Say Perception of Light Can Be Used for Authentication

Researchers Say Perception of Light Can Be Used for Authentication

A research team at the National Technical University of Athens has proposed a new authentication mechanism based on how individuals perceive light. As the MIT Technology Review explains, the system relies upon variations in how each individual perceives the photons of which light consists. The human eye is capable of detecting even a single photon,…

Researchers Test ‘MasterPrint’ Hypothesis

Researchers Test ‘MasterPrint’ Hypothesis

A joint team of researchers from New York University’s Tandon School of Engineering and Michigan State University’s College of Engineering are warning that the fingerprint biometrics now commonly used for mobile authentication may not be as unique as many believe. Because smartphones use only partial fingerprints and often allow for multiple users’ fingerprint data to…

Americans Suffer from Pervasive ‘Cyber Insecurity’: Accenture

Americans Suffer from Pervasive ‘Cyber Insecurity’: Accenture

There is a pervasive sense of “cyber insecurity” among Americans, says Accenture. The company’s assessment is the result of an online survey it commissioned of 3,469 online users. Thirty percent of respondents said they had been victims of digital crime, and 65 percent said they were not confident in law enforcement agencies’ ability to investigate…

PolyU Researchers Announce Low-Cost 3D Fingerprint System

PolyU Researchers Announce Low-Cost 3D Fingerprint System

Researchers at The Hong Kong Polytechnic University, or PolyU, have announced a new 3D fingerprint imaging system based on a single low-cost digital camera. While the single camera cannot in itself produce a 3D image, the system is based on analysis of multiple images produced from different LED light sources, allowing a composite, virtual 3D…

2016 Saw 1.4 Billion Records Compromised in Hack Attacks: Gemalto

2016 Saw 1.4 Billion Records Compromised in Hack Attacks: Gemalto

One thousand seven hundred and ninety-two data breaches compromised nearly 1.4 billion records last year, according to Gemalto’s Breach Level Index. The publication is the product of a global database of publicly disclosed breaches. According to its data, last year’s stats reflect an 86 percent increase in data breaches compared to 2015, with some of…

Dramatic Growth Predicted for Iris Recognition Market: Tractica

Dramatic Growth Predicted for Iris Recognition Market: Tractica

The global iris recognition market is in for huge growth over the next several years, according to a new forecast from Tractica. The market research firm projects that it will rise from an estimated value of $676.6 million last year to $4.1 billion by the year 2025, with annual shipments of iris scanning devices rising…

Study: Facial Recognition Tech Accuracy Deteriorates with Age of Subjects

Study: Facial Recognition Tech Accuracy Deteriorates with Age of Subjects

The accuracy of facial recognition technologies decreases as a subject ages, according to new research from Michigan State University. The MSU researchers sought to assess how effectively contemporary facial recognition systems can match a face that has aged over an extended period, testing the technology against mug shot images for about 23,600 individuals. The researchers…

Mastercard Study Shows Consumer Interest in Biometric mPayments Security

Mastercard Study Shows Consumer Interest in Biometric mPayments Security

“According to the report, 43 percent of the consumers analyzed in the study “expressed interest in biometrics and other forms of authentication” to improve digital payments security, and 51 percent of those conversations were driven by advancements in facial and fingerprint recognition.” Together with PRIME Research and Synthesio, Mastercard has been listening in on some…

Technavio Predicts Substantial Growth for Automotive Biometrics Market

Technavio Predicts Substantial Growth for Automotive Biometrics Market

The biometric automotive market is will grow at a CAGR of over 19 percent between this year and 2021, according to a new report from Technavio. The market research firm highlights three major drivers of the growth: Growing demand in the BRIC countries, the security vulnerabilities of traditional key-based vehicle entry, and evolving government regulations…

BioCatch Heralds Rise of Behavioral Biometrics

BioCatch Heralds Rise of Behavioral Biometrics

“The excitement was also reflected in FindBiometrics’ 2016 Year in Review, in which survey respondents ranked behavioral biometrics, tied with iris scanning, as the third most exciting biometric modality…” BioCatch is celebrating the rise of behavioral biometrics as a key security solution. In a new blog post, the company notes that a new report from…

Biometrics Market to Reach $15.1 Billion by 2025: Tractica

Biometrics Market to Reach $15.1 Billion by 2025: Tractica

Biometric technology is being adopted in consumer, business, and government applications “at an increasing pace,” according to Tractica. The market research firm has announced a new report predicting that the global biometrics market will grow from a value of $2.4 billion last year to $15.1 billion by 2025, reflecting a CAGR of 22.9 percent. The…

Acuity Predicts Mainstreaming of Iris, Behavioral Biometrics for 2017

Acuity Predicts Mainstreaming of Iris, Behavioral Biometrics for 2017

Acuity Market Intelligence has announced its “Ten Top Trends for Biometrics and Digital Identity” for 2017. Many of the trends are already underway. Mobile biometrics will continue to go mainstream, enterprise executives will continue to respond to the impacts of the IoT, and more startups and small companies are going to be acquired by bigger…

2017 to See a Billion Active Biometric Mobile Devices: Deloitte

2017 to See a Billion Active Biometric Mobile Devices: Deloitte

Deloitte has issued its 2017 Canadian Technology, Media & Telecommunications (TMT) Predictions, and they include the continuing rise of biometric technology. The business consultancy predicts that the number of active mobile devices featuring a fingerprint sensor will exceed 10 million in Canada and a billion around the world this year. Each of these sensors will…

Military Demand for Iris and Facial Biometrics Growing: Report

Military Demand for Iris and Facial Biometrics Growing: Report

The security applications of biometric technology have long been clear, and the next few years will see adoption of the technology continue, according to a new report from market research firm Technavio. Entitled “Global Military Biometrics Market 2016-2020”, the report predicts a CAGR of seven percent for this market for the forecast period. The report…

Multimodal Mobile Biometrics on the Rise

Multimodal Mobile Biometrics on the Rise

Juniper Research is predicting the rise of multimodal mobile biometrics. In a new report entitled Mobile Biometrics: Consumer Markets, Opportunities & Forecasts 2016-2021, the market research firm acknowledges that while fingerprint scanners are now more or less ubiquitous, the next few years will see the rise of additional biometric modalities like facial and voice recognition.…

NSF Grant to Push Forward Brainwave Biometrics Research

NSF Grant to Push Forward Brainwave Biometrics Research

The researchers behind a groundbreaking study into the potential of brainwave-based user authentication have received a big new grant to continue their work. The National Science Foundation has awarded $1.2 million to be shared between researchers at Binghampton University and the University at Buffalo. The researchers made waves earlier this year with a study indicating that…

UK, European Universities to Explore Mobile Biometrics

UK, European Universities to Explore Mobile Biometrics

“The researchers will investigate face and fingerprint biometrics, as well as behavioral biometrics related to device interaction – a nascent form of biometrics that appears to be gaining momentum.” England’s University of Kent is preparing to lead an academic study of mobile biometric authentication technologies. Together with a team of other European universities, Kent’s School of…

BFSI Biometrics to See CAGR of Almost 20 Percent Through 2020: Technavio

BFSI Biometrics to See CAGR of Almost 20 Percent Through 2020: Technavio

Technavio expects strong growth for the BFSI biometrics market. In a new report, the market research firm predicts growth of almost 20 percent for the next three years. In a report synopsis, Technavio highlighted the proliferation of smartphone fingerprint sensors as a factor in the BFSI biometrics market, and indeed, many companies have embraced Apple’s Touch ID…

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