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Facial recognition forecast at $8.5B in 2025, biometric payment cards breaking out
Signs of market strength for biometric payment cards and facial recognition are prominent among the week’s most-read articles on Biometric Update, with Idemia standing out for several wins, also involving France’s digital ID .. Keep reading this report

This week in review continues below. Thanks for reading.
Biometric Update Weekend Reading
$200M fundraise turns Advance.AI into biometric fraud prevention unicorn
Advance.AI is working to finalize a $200 million funding round that would bestow unicorn status on the Singaporean biometric fraud...
 
Global facial recognition market expected to grow 12 percent to 2025 – report
The global facial recognition market will experience 12.4 percent compound annual growth — with accelerating momentum — from 2021 to...
Biometric payment cards from Zwipe, Idemia rolling out
Zwipe Pay ONE has been selected by an unnamed ‘Global Tier-1’ bank headquartered in Europe for a pilot it plans to...
 
Toppan strengthens Africa biometrics market position with Face Technologies acquisition
Global printing company Toppan has announced the acquisition of biometrics and card solutions provider Face Technologies. The move will reportedly...
AnyVision proposes three ethical facial recognition principles for police
Britain’s proposed Surveillance Camera Code of Practice should align with three principles which can support the fair and ethical use...
 
Trust Stamp CSO argues for biometric binding with fuzzy tokens in EAB talk
Trust Stamp Chief Science Officer Dr. Norman Poh presented a system for biometric binding which gains privacy benefits from asymmetric key...
South Africa’s government urged to make digital identity development a priority
A report commissioned by financial services company BankservAfrica and conducted by accounting firm PriceWaterhouseCoopers (PwC) has called on the government...
 
French digital ID authentication coming to smartphones with Idemia contract
France is integrating its national digital ID card, the CNIe, with smartphones to allow French citizens to complete online transactions,...
Trust Stamp patents biometric-based encryption and third-party ID verification
The U.S. Patent and Trademark Office (USPTO) has granted Trust Stamp two new patents focusing on biometric-based encryption and cost-cutting...
 
Mastercard partnership to capture biometrics of 30 million Africans
A joint venture by Mastercard’s Community Pass and its partner Paycode aims to capture the biometrics of 30 million individuals...
Government zeal for biometric surveillance can be traced back 20 years
The most surprising aspect of biometric systems is not how pervasive they have become in American lives since 9/11. It...
 
EAB roundtable to discuss biometrics in the future of Schengen travel
The European Association for Biometrics (EAB) is holding its Research Projects Conference from 13 to 15 September, culminating in a...
 
 
 
 
 
 
 
 
 
 
Biometrics White Papers
Mobile app friction report – Login authentication and password reset
Time spent on mobile financial apps in the US has grown more than 90% in 2020. A frictionless mobile app...
 
Incognia case study: will bank
High growth challenger bank will bank became a target of social engineering attack initiated on social media. In possession of...
Improving financial onboarding and authentication through biometrics
The world has truly gone digital. It is currently estimated that 3.8 billion people own a smartphone1, representing almost half...
 
5 key qualities of a successful AML compliance program
The U.S. and foreign nations have established AML standards to stop financial criminal activity that can hurt your business and...
Events and Webinars
EAB Research Projects Conference 2021
  September 13, 2021 - September 15, 2021
EAB Research Projects Conference 2021 Online September 13-15, 2021 The European Association for Biometrics (EAB) is presenting its “EAB Research...
Turing Trustworthy Digital Identity Conference
  September 13, 2021 - September 13, 2021
Turing trustworthy digital identity conference Online September 13, 2021 – 10am-5pm BST This conference presented by The Alan Turing Institute...
ICT Spring Europe 2021
  September 14, 2021 - September 15, 2021
ICT Spring Europe 2021 Luxembourg September 14 – 15, 2021 ICT Spring is a conference hosting an array of international...
Forensics Europe Expo
  September 14, 2021 - September 16, 2021
Forensics Europe Expo London, UK September 14 – 16, 2021 FEE is the only exhibition in Europe covering every aspect...
European Biometrics Max Snijder, Research, and Industry Awards 2021
  September 15, 2021 - September 15, 2021
European Biometrics Max Snijder, Research, and Industry Awards 2021  Online September 15, 2021 (16:30-21:30) The European Association for Biometrics (EAB)...