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Biometric transactions, payment cards to boost bank revenues by $5B by 2026: UBS analyst
Biometric payments could contribute $5 billion to global banking revenues by 2026, according to a recent estimate by a UBS analyst, buoyed in part by the commercialization of fingerprint-enabled payment cards .. Read the report here.

Today's news coverage continues below. Thanks for reading.
Daily Biometrics News
Civil society groups question legitimacy of digital ID inclusivity claims
A variety of factors prevent the inclusivity promise of digital ID systems in Sub-Saharan Africa from being fulfilled, and governments...
 
BioCatch reaches 57 patents for its behavioral biometrics, targets mule accounts
BioCatch’s method of verifying an individual’s identity and detecting fraud using behavioral biometrics based on mobile device usage patterns has...
IBIA restructures, Biometrics Institute and Good Health Pass bring on new members
Several of the most prominent organizations in and around the biometrics industry have announced changes to their membership or leadership....
 
Ping Identity rolls out mobile biometric passports for easier vaccine status verification
Ping Identity has introduced the Project COVID Freedom biometric vaccine status solution to enable healthcare providers, businesses, and individuals to...
British Esports partners with IBM, Yoti on biometric age verification
The British Esports Association has announced new details regarding its updated membership platform, including its plans to restrict underage participation...
 
Next Biometrics completes $10.5M private placement to drive growth
Next Biometrics has successfully completed a private placement of 14,819,897 new shares raising NOK 89 million (approximately US$10.5 million) to...
Biometric transactions, payment cards to boost bank revenues by $5B by 2026: UBS analyst
Biometric payments could contribute $5 billion to global banking revenues by 2026, according to a recent estimate by a UBS...
 
StereoVision Imaging developing portable multi-biometric system for identification at a distance
Facial recognition and remote sensing technology firm StereoVision Imaging (SVI) has announced on Wednesday it has begun the development of...
Marinus Analytics anti-human trafficking biometrics selected for finals of IBM AI competition
Car­negie Mellon University biometrics and big data spinoff Marinus Analytics has been selected as the lone American finalist for the $5M...
 
White House, EU pressured to put facial recognition surveillance under tight controls
Privacy advocates on both sides of the Atlantic are telling their governments that they do not trust officials to use...
Ideal Innovations begins online facial identification forensic proficiency testing
Ideal Innovations (I3) has begun offering the first approved ANAB accredited Facial Identification Proficiency Test for biometric forensic examiners online...
 
Appeals court will not reconsider sending biometric privacy suit against Clearview AI back to state court
The Seventh Circuit Appeals Court has declined to revisit a motion by Clearview AI to remand a biometric privacy suit against...
AI-Based Video Identification Shaping the Insurance Industry in 2021
By Sarah Amundsson, senior business developer at Shufti Pro. Onboarding legitimate customers are getting complicated with every passing day since...
 
Demographic fairness in biometric systems
Demographic fairness in biometric systems EAB Online Seminar March 9 to March 30, 2021 The European Association for Biometrics (EAB)...
  Princeton Identity upgrades biometric access control line with ODSP support and card readers
  Mobile biometrics onboarding gains, new cloud service and partnerships unveiled
  CBP biometrics at Canadian airports expands with Simplified Arrival implementation
  Digital identity systems around Asia compared as Taiwan seeks path forward
  UAE Cabinet approves trial of facial recognition for private sector services
  EyeLock secures biometric access control distribution deal with IrisScanners
Events and Webinars
ID4Africa LiveCast: Infant identity management and the legal identity agenda
  February 24, 2021 - February 24, 2021
ID4Africa LiveCast: Infant identity management and the legal identity agenda Online Feb 24: 13:30 – 15:30 GMT Join ID4Africa to...
Acuant’s “Mind the Gap” Webinar
  February 24, 2021 - February 24, 2021
Acuant’s “Mind the Gap” Webinar Online February 24, 2021, 11:00am ET The gap between physical and digital identity has been...
Identity redefined: Rebuilding trust in a post-Covid era
  February 25, 2021 - February 25, 2021
Identity redefined: Rebuilding trust in a post-Covid era Online February 25, 2021, 2-5pm CET This upcoming TrustReport.Live online conference will focus...
The Thoughtful Biometrics Workshop
  March 8, 2021 - March 12, 2021
The Thoughtful Biometrics Workshop Online March 8, 10 and 12, 2021, 9:00am-1:00 pm PST This new event intends to bring...
Demographic fairness in biometric systems
  March 9, 2021 - March 30, 2021
Demographic fairness in biometric systems EAB Online Seminar March 9 to March 30, 2021 The European Association for Biometrics (EAB)...
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