• 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

  • 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
  • Companies
  • Podcasts

Year in Review: FinServ Consolidates Its Hold and Citizen ID Makes a Bold Debut in Top Applications

January 9, 2020

Year in Review: FinServ Consolidates Its Hold and Citizen ID Makes a Bold Debut in Top Applications
The 2019 FindBiometrics Year in Review is brought to you, in part, by Aware, Inc.

The results for the FindBiometrics’ 2019 Year in Review are in, with over 230 responses from industry experts offering the latest insights into how those most familiar with biometric technology see the state of the art. FindBiometrics is kicking off its Year in Review analysis with a look at the year’s most interesting application areas for biometric technology.

The most notable result from this year’s applications question is the rise of “Citizen ID”, which was tied for second place with the “Enterprise (including converged access control)” option, with each of the categories taking 13 percent of the vote. Citizen ID was a new category in the 2019 survey, and may go some way in explaining why “Other” was selected by almost a quarter of all respondents in the 2018 survey; in this year’s results, “Other” got just 8 percent of the result, and responses included gaming, marketing and military applications.


Year in Review: FinServ Consolidates Its Hold and Citizen ID Makes a Bold Debut in Top Applications

It’s no wonder that Citizen ID was named the most interesting application area for biometric technology by so many respondents. India’s Aadhaar program – the world’s most ambitious biometric national ID system – is a regular topic in industry news, and a growing number of other countries around the world are also exploring the use of biometrics in new and revamped national ID programs.

Meanwhile, the Enterprise category’s tie for second is unsurprising. Putting aside the Other category’s success in last year’s results, Enterprise was a clear second-place winner with 14 percent of the vote, thanks to the growing adoption of biometric security by enterprise organizations across a wide range of sectors. This trend remained prominent through the course of 2019; it would have been a surprise to see a significant drop in its ranking among survey respondents.

As for the top spot in the 2019 survey’s ranking of the most interesting applications, the winner was once again financial services. This category did even better this year than it did last year, rising from 26 percent of the vote in 2018 to 30 percent in our latest survey. Much of this can probably be attributed to the ongoing ascent of selfie authentication, with a growing number of financial services providers leveraging facial recognition together with the smartphones that so many consumers happen to have in their pockets in order to both authenticate customers and even onboard new customers.

Also worth noting in this year’s results are the showings from the “Border Control” (11 percent), “Law Enforcement” (9 percent), and “Consumer device access” (9 percent) categories, which all captured relatively modest but substantial slices of the applications pie.

*

The 2019 FindBiometrics Year in Review is made possible by our sponsors: Aware, Inc., Clear, IDEMIA, SecuGen, Iris ID, FacePhi, Jumio, BioConnect, BIO-key.

–

January 9, 2020 – by Alex Perala

Related News

  • Year in Review: A Portrait of the Biometrics Industry in 2019Year in Review: A Portrait of the Biometrics Industry in 2019
  • Year in Review: ‘Friction’ is Still a Bad WordYear in Review: ‘Friction’ is Still a Bad Word
  • Year in Review: The Importance of Looking Back on BiometricsYear in Review: The Importance of Looking Back on Biometrics
  • How Do We Feel About the Government’s Use of Biometrics?How Do We Feel About the Government’s Use of Biometrics?
  • Onfido Provides Onboarding Tech for Moneytrans Remittance ServiceOnfido Provides Onboarding Tech for Moneytrans Remittance Service
  • Veridas Opens New Offices in San Francisco and Mexico CityVeridas Opens New Offices in San Francisco and Mexico City

Filed Under: Featured Articles, Features, Year in Review Tagged With: 2019 Year in Review, 2019 Year in Review survey, Biometric, biometric citizen ID, biometrics, enterprise biometrics, financial services, financial services biometrics, industry trends, survey results, Year in Review 2019

Primary Sidebar

EXCLUSIVE MEMBERS ONLY CONTENT:

Become a FindBiometrics Member and gain easy access to specialty content, including the ID Tech column, replays of virtual events, and Identity School educational checklists:

The Tech Bubble Is Bursting. VCs Are Nervous. What Does That Mean for Biometrics?

Identity School: Facial Recognition Cheat Sheet

REPLAY: Travel & Hospitality Virtual Identity Summit

Sponsored Links

TECH5 showcase logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

cmitech logo

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 logo

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

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/

With its secunet border gears product portfolio and specialised consulting expertise, secunet supports police forces and security authorities in their sovereign tasks. Whether ABC gates, self-service kiosks or biometric middleware – each component helps to strengthen identity protection and to accelerate verification – in mobile and stationary scenarios.

Mobile ID World Logo

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.

Recent Posts

  • Onfido Gears Up for Fintech Nexus 2022
  • Insight Partners Forecasts $4.82 Billion Voice Biometrics Market
  • Onfido Finds Identity Fraud is Personal for Most People
  • Parsons to Acquire Xator, Adding State Department to Client Roster and Bolstering Biometrics Portfolio
  • Clearview AI Enters the Selfie Authentication Market

Biometric Associations

IBIA and fido

Tweets

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 FindBiometrics