The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. Bank Fraud Versus Terrorism When It comes to collective nightmares shared by the American people, a new survey from FICO suggests that banking fraud and identity theft rank higher on the…
Americans are more worried about identity theft and banking fraud than they are about being the victim of terrorism, suggests new survey data from FICO. The analytics software provider commissioned an online survey of a representative sample of a thousand US adults in February and March of this year. It found that 44 percent of…
Concerns about terrorism continue to drive the military biometrics market, with growing demand from the Asia Pacific region, according to a new report from Transparency Market Research. While concerns about terrorism have been a key market driver for many years, they’re now being exacerbated by mass migration, with several countries “reeling under increased distress over…
INTERPOL is calling on governments around the world to share the biometric information of known terrorists in order to help improve global security. The call comes via INTERPOL’s General Assembly, which has convened for this week’s 85th ICPO-INTERPOL General Assembly Exhibition in Bali, Indonesia. In a statement, the global police agency said it currently possesses…
Germany’s Interior Minister is aiming to implement surveillance technology using facial recognition at the country’s airports and train stations. The official, Thomas de Maiziere, laid out his idea in an article published in the Bild am Sonntag newspaper, in which he suggested it could be used to prevent terror attacks. The proposal comes after two incidents…
Multiple countries in Southeast Asia will share the biometric data of known terrorists to improve security in the region, reports Singapore’s Today. Indonesia, Malaysia, Singapore, and other countries agreed on the approach at this week’s International Meeting on Counter-Terrorism in Bali, which took place alongside the Counter-Terrorism Financing Summit, an event that featured delegates from other states…
Increasing concerns about terrorism and mass migration are helping to drive government adoption of biometric border screening, reports Acuity Market Intelligence. The market research firm says that there are currently about 690 million biometric ePassports and 390 million biometric visas in circulation around the world; meanwhile over two billion biometric national IDs are also in…
June is Border Control & National ID Month 2016 at FindBiometrics. All month we will be examining the ins-and-outs of biometric citizen registry and identification—its applications, real life deployments, and how it is shaping the global community—as well as the way biometrics are protecting the borders of the nations they are helping to build. To…
A new report from the UK’s Biometrics Commissioner is highlighting the complexities of managing biometric data. In the particular case of Alastair MacGregor QC’s investigation, it has become apparent that the records of hundreds of individuals suspected to be terrorists have been deleted, due in large part to technical issues. Current legislation requires that biometric data collected…
Last year, the border control markets continued to show promise of rapid growth. Reports from Acuity Market Intelligence painted the picture of a booming ABC eGate and APC kiosk market, and Frost & Sullivan forecasted that airport passenger screening tech is on track to hit $1.63 billion by 2020. A great deal of this growth…
Integrated Biometrics is seeing increased interest in its technology, the company has announced. In a press release, Integrated Biometrics credited the rising interest to “events surrounding immigration, border security, and terrorism”. In outlining this interest, CEO Mike Grimes highlights his company’s recent participation in international industrial events like Biometrics and Identity 2015, CARTES Secure Connexions…
Thailand’s main police force is planning to install facial biometrics scanners at the country’s borders. Their aim is to screen visitors and immigrants against criminal databases. According to the Bangkok Post, the Royal Thai Police see it as a security measure against terrorism and other serious crimes, as well as a means of improving efficiency…
A new study has found that Australians are willing to make significant sacrifices in terms of their privacy and movements in exchange for greater security, according to an InDaily article by Bension Siebert. The study is based on two surveys conducted by UniSA’s Institute of Choice in the wake of two major security incidents last…