The biometric driver identification system market is poised to grow from USD 21.5 billion in 2025 to USD 184.4 billion by 2035, with a CAGR of 24%. Key drivers include heightened vehicle safety demands, autonomous vehicle technologies, and growing awareness of identity authentication methods. Noteworthy trends involve AI integration and multimodal authentication systems. The global…
The rise in digital financial services is driving a shift toward alternative KYC methods. Fourthline partners with Riverty for biometric verification, while Prove teams up with ebankIT for enhanced identity solutions. Checkout.com rolls out facial authentication to boost user experience and security. These moves reflect broader trends in fintech towards compliance, security, and user convenience….
Sri Lanka is set to invite bids for a software integrator for the MOSIP digital identity system funded by India. The project aims to provide unique identifiers, ensuring compliance with local laws, as user tests for the e-NIC proceed. In a significant move towards establishing a digital identity framework, Sri Lanka is gearing up to…
Experts are clarifying the distinction between legitimate credentials and W3C Verifiable Credentials (VCs), which are secure digital files containing verified identity information. Richard Esplin from Dock Labs emphasizes the critical balance of security and privacy in integrating biometrics with Verifiable Credentials. This combination aims to enhance user control over identity management amid rising regulatory challenges….
The DHS is inviting public comments on a new initiative to evaluate biometric sensor performance. The initiative, led by OBIM, aims to improve identity verification processes using emerging technologies. Comments are open until June 4, focusing on enhancing biometric systems’ effectiveness and adherence to privacy standards. In a move aimed at boosting biometric technology evaluation,…
Simprints, with support from Gavi, showcases a biometric vaccine delivery program in Ghana. The initiative aims to improve tracking of immunizations, addressing the issue of unregistered children. The partnership emphasizes the importance of innovative technology in healthcare access, particularly in underserved communities. In a noteworthy visit, Simprints showcased its innovative biometric vaccine delivery system to…
BIO-key International, Inc. will participate in two virtual investor conferences on May 22 and June 4, 2025, showcasing its biometric identity and access management solutions. The company aims to highlight advancements in authentication practices while engaging with investors. BIO-key International, Inc. has announced that it will be participating in two upcoming virtual conferences aimed at…
India has launched biometric e-passports for its citizens, aligning with global standards to enhance security and streamline international travel. With embedded RFID chips, these passports store personal and biometric data, simplifying immigration processes and preventing fraud. e-passport applications can be made online or at designated centers, and a nationwide rollout is set for mid-2025. India…
The EU is progressing on the Entry-Exit System (EES) rollout, although specifics are still unclear. The rollout will take 180 days to prevent congestion at borders. British travelers may get access to e-gates after negotiations, but details remain vague. Full implementation is expected by 2025, aiming for increased efficiency and biometric data collection. The European…
Thales secures billions of digital interactions for businesses and governments, helping over 30,000 organizations with identity verification, access management, and data protection. Their acquisition of Gemalto enhances their leadership in the digital security market. They emphasize trusted identities, responsible biometrics, financial inclusion, and innovative mobile solutions to support various industries amidst increasing digital transformation. Thales,…
