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Edge facial recognition market to near $2.3B by 2025, while biometrics as a service grows to $3B
The privacy, bandwidth, and other potential benefits of performing facial recognition directly on edge computing devices will push the market from $765.7 million in 2019 to $2.29 billion by 2025, a robust 20 percent CAGR .. Read the full story here.

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Daily Biometrics News
Facial biometrics loophole highlighted by World Privacy Forum report on U.S. schools
One of the top biometrics news stories of the young 2020 calendar year pops up in the middle of the...
 
Coronavirus raises demand for digital KYC, FATF urges responsible remote onboarding
Online education, dating companies, gaming and crypto exchanges have registered an increased demand for digital KYC since the coronavirus outbreak...
Hytera develops contactless biometrics and fever detection for body cameras and access control
Chinese company Hytera has released non-contact body temperature detection and communication technology for coronavirus frontline workers to reduce the spread...
 
Mizuho Bank to launch trial of facial biometrics-backed digital ID service for online banking
Mizuho Bank is launching a proof-of-concept trial of its digital ID service, which leverages facial biometrics and device location information...
Biometric face-scanning helmets reading the temperatures of people in crowds in China
Some police and epidemic-control teams in China are wearing biometric head gear and sensors that allow them to spot fevered...
 
Toronto Police talk responsible use of NEC facial recognition in first case to identify murderers
The initial use of the Toronto Police Service’s facial recognition is examined in some depth by The Toronto Star, which...
Nuki integrates door lock with BioID’s biometric facial recognition, liveness detection
Nuki has demonstrated support by its smart electronic door lock for biometric facial recognition with liveness detection through integration with...
 
FacePhi enters biometric onboarding contract with Uruguayan financial institution
FacePhi has partnered with Uruguayan financial institution Creditel, a subsidiary of Grupo Santander, to provide it with biometric digital onboarding...
Pakistan mobile providers request lower biometric verification fees from NADRA
One of the first orders of business of a new industry group for mobile network operators in Pakistan is having...
 
E-signature demand spikes around the world to support remote transactions
E-signatures are among the many technologies supporting digital identity transactions more than ever with much of the world on stay-at-home...
Eftpos proposes digital ID for Australian government services and announces trial phase
Eftpos is angling to have its digital identity solution used to access government services, and has announced the technology will...
 
Digital banking popularity in U.S. grows amid pandemic, but digital ID is a barrier
Digital banking has surged in popularity during the pandemic, especially as some users of digital banks reportedly have been among...
Opportunity overview for Kenya and Malawi: differing prospects for digital ID and mobile money in welfare provision
Two East African nations fared very differently in how they use mobile phones for distributing welfare payments, according to a...
 
Edge facial recognition market to near $2.3B by 2025, while biometrics as a service grows to $3B
The privacy, bandwidth, and other potential benefits of performing facial recognition directly on edge computing devices will push the market...
 
 
 
 
 
 
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