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Face biometrics forecast to surpass $15B by 2027 as verticals and applications expand
Increasing interest in multi-factor authentication will boost facial recognition, and increased availability of specialized hardware is extending applications into retail and banking, according to the report. The healthcare and hospitality sectors are also increasingly interested in implementing face biometrics .... Read the whole story here.

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Daily Biometrics News
Digital identity initiatives for government services see a mix of progress and delay
Companies in Malaysia see greater opportunity for adoption of biometrics and AI technologies to support a digital economy and financial...
 
Biometric solution providers announce leadership, executive management changes
Biometrics and digital identity companies Advance.AI, Passbase, Incognia, Centrify, Nethone have announced major leadership changes this month, appointing industry veterans...
Stop waiting for society to wake up on biometrics. Here’s a plan to build trust
A new research paper finds that the capabilities of facial recognition and other biometric systems have vastly outpaced how the...
 
Behavioral biometrics can effectively fight digital fraud, security experts say
Last year, American consumers lost nearly $16.9 billion because of identity fraud, John Buzzard, lead fraud and security analyst at...
Aryballe gets more funding for edge devices that can ‘smell’: Will digital olfaction finally pass the sniff test?
Grenoble, France-based Aryballe has a different take on edge computing devices – their sensors can smell, in a manner of...
 
NEC partners with SITA for touchless airport biometrics, celebrates 121 years of innovation
NEC Corporation and SITA have entered a global agreement to roll out a walk-through, contactless digital identity solution for airports...
Congress pushes back on White House stonewalling about biometric spying on protesters
The White House and House of Representatives are digging in for a lengthy fight over the legitimacy of digital surveillance...
 
Apple patent leverages face vein matching for improved Face ID biometric authentication
Apple has received 50 new U.S. patents, including one for an advanced Face ID feature called “Evil Twin Proof,” which...
OneVault launches Secure Citizen biometric digital identity platform for remote onboarding
OneVault has released Secure Citizen, a multi-factor biometrics-backed digital identity solution in partnership with the South African Fraud Prevention Service...
 
Biometric technologies supplier O-Film added to U.S. entity list for human rights violations
The U.S. Department of Commerce has expanded the list of Chinese companies accused of involvement in human rights violations in...
BIO-key looks to raise $21M in common stock offering, grows IAM business
BIO-key has announced the pricing of an underwritten public offering of 33,230,000 shares of its common stock. The biometrics and IAM...
 
Face biometrics forecast to surpass $15B by 2027 as verticals and applications expand
The global biometrics market will grow by $18.1 billion from 2020 to 2024, a CAGR of 10 percent, on increasing...
  Nigeria sets up committee to drive digital identity initiative
  FacePhi announces new LatAm biometrics customer Naranja X
  Q5id granted patent for its biometric identity management technology
  Unisys updates biometric identity management tools for multi-channel authentication
  Fortress Identity adds passive facial liveness for biometric verification, authentication
  Aussies look into TikTok, Weibo and WeChat over data privacy concerns
Events and Webinars
ID4Africa webinar – Spotlight on Unique Digital Identity Numbers
  July 23, 2020 - July 23, 2020
Spotlight on Unique Digital Identity Numbers Webinar (Free) July 23, 2020 at 2:30pm – 4:00pm CET/Paris Time Ongoing debates surrounding...
Consumer attitudes toward strong authentication & LoginWithFIDO.com
  July 28, 2020 - July 28, 2020
Consumer Attitudes Toward Strong Authentication & LoginWithFIDO.com Online July 28, 2020, 2:00pm EDT The FIDO Alliance has launched a new...
8th Border Security & Intelligence Summit
  July 29, 2020 - July 30, 2020
8th Border Security & Intelligence Summit Alexandria, VA July 29 – 30, 2020 DSI’s Border Security and Intelligence Summit will...
The 3rd Guangzhou Int’l Smart Retail Expo (SRE 2020)
  August 3, 2020 - August 5, 2020
The 3rd Guangzhou Int’l Smart Retail Expo (SRE 2020) Guangzhou, China August 3 – 5, 2020 Guangzhou Int’l Smart Retail...
IoT World 2020
  August 10, 2020 - August 13, 2020
IoT World 2020 San Jose, CA Aug 10 – 13, 2020 The 7th annual Internet of Things World is the...
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