YIR 2018

Year in Review: ‘Frictionless’ is the New F-word

Year in Review: ‘Frictionless’ is the New F-word

One of the clearest trends at last autumn’s Money20/20 event in Las Vegas was the emergence of a popular new buzzword: “Frictionless”. As one of the event’s participants quipped, friction is the new F-word, and while that may be especially true in the financial services sector, it’s a sentiment that is spreading rapidly across a…

Year in Review: Survey Results Portray a Very Friendly Industry

Year in Review: Survey Results Portray a Very Friendly Industry

Players in the biometrics industry are remarkably open to working with each other, suggest results from FindBiometrics’ latest Year in Review survey. Question 18 of the survey asked how much respondents agreed with the statement, “Industry cooperation through partnerships and alliances is crucial in meeting the market demands of biometrics.” The answers showed an overwhelming…

Year in Review: The Rise of the Machines

Year in Review: The Rise of the Machines

Looking back, the FindBiometrics Year in Review survey question about artificial intelligence was a bit of a no-brainer. Question 14 asked respondents to indicate how much they agreed with the following statement: “Artificial intelligence will make voice, speech, and face recognition biometrics integral to everyday life.” Eighty-three percent of respondents agreed, with 37 percent saying…

Year in Review: Strong Consensus On the Need for Standardized Testing

Year in Review: Strong Consensus On the Need for Standardized Testing

The latest FindBiometrics Year in Review survey saw some considerable consensus across a number of issues, with the question of standardized testing delivering some of the strongest. Question 20 of the survey asked participants to indicate how much they agreed with the statement, “Standardized biometric testing is crucial for the industry’s future.” Fully 89 percent…

Year in Review: Banking’s Branchless Future

Year in Review: Banking’s Branchless Future

Physical banks aren’t going anywhere anytime soon, but they are clearly becoming less necessary as more financial services business is conducted online and through mobile devices. And with that trend in mind, one of the more forward-looking results of the 2018 FindBiometrics Year in Review survey makes a lot of sense. Question 15 of the…

Year in Review: We’re Ready for Biometric Proof of Age

Year in Review: We’re Ready for Biometric Proof of Age

One set of responses to FindBiometrics’ Year in Review survey offers a glimpse at the potential in a perhaps under-explored application of biometric authentication: Proof of age. Question 16 of the 2018 Year in Review asked respondents how much they agreed with this statement: “If given the option to use biometrics to pay for age-restricted…

Year in Review: Apple Has Helped Make the Case for Facial Recognition

Year in Review: Apple Has Helped Make the Case for Facial Recognition

The biometrics industry is, for the most part, grateful for Apple’s promotion of facial recognition technology, suggest the responses to one of the most timely questions in FindBiometrics’ latest Year in Review survey. Question Nine of the survey asked whether respondents agreed with the statement, “Apple’s continued commitment to facial recognition has helped demystify face…

Year in Review: The Top Applications for Biometrics in 2018

Year in Review: The Top Applications for Biometrics in 2018

People in the biometrics industry were really into FinTech last year, suggest the results to the second question of FindBiometrics’ Year in Review survey for 2018. The question asked, “Which of the following areas of application for biometrics has been the most interesting to you in 2018?” and listed answers such as “Healthcare”, “Border Control”,…

Year in Review: Industry Insiders Show Enthusiasm for Expedited Biometric Airport Screening

Year in Review: Industry Insiders Show Enthusiasm for Expedited Biometric Airport Screening

The vast majority of people in the biometrics industry and adjacent areas are interested in biometric expedited border screening programs, suggest results from FindBiometrics’ Year in Review survey. The data comes from Question Seven, which asked, “Are you part of a biometrics enabled expedited traveler screening program (ie. PreCheck, Nexus, etc.” This refers to programs…

Year in Review: The Biggest Biometric Modalities of 2018

Year in Review: The Biggest Biometric Modalities of 2018

The results are in for the latest FindBiometrics Year in Review Survey, with at least some of them confirming the biggest trends observed over the course of 2018. And this can be seen clearly in the responses to Question Three of the survey in particular, which asked, “From your perspective, which biometric modality has been…

Year in Review: A Critical Time for Standards Testing

Year in Review: A Critical Time for Standards Testing

Every year, FindBiometrics’ Year in Review survey takes the pulse of the industry, gauging perceptions and attitudes across a range of topics. And while this year’s survey is as varied as ever, the topic of biometric testing is more important than ever. Standardized testing has long been an important component of the biometrics industry, particularly…

Year in Review: Airport Biometrics Take Off

Year in Review: Airport Biometrics Take Off

Looking back on the year in biometrics, it’s impossible to ignore a trend that was already well underway at the end of 2017 – the ascent of airport biometrics. It’s an ascent that has been propelled by a number of actors and forces, with a key one being the US Customs and Border Protection agency.…

Year in Review: Facial Recognition Was in the Spotlight in 2018, Warts and All

Year in Review: Facial Recognition Was in the Spotlight in 2018, Warts and All

Facial recognition technology has had a big year, in good ways and bad. On the positive side, Apple signaled a more or less definitive switch to 3D facial recognition as the primary mechanism for user authentication on its flagship smartphones: Having made a big splash last year with its introduction of Face ID on the…