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…
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…
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…
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…
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…
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…
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…
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”,…
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…
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…
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…
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.…
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…