The Prism Project’s Flagship Report predicts over $315 billion in global biometric digital identity revenue by 2028, driven by 250+ evaluated industry players. Biometrics play a crucial role in combating fraud, enhancing user experiences, and streamlining operations. The report emphasizes the need for advanced identity solutions amid growing digital threats. The Prism Project’s recent Flagship…
Smile ID has updated its selfie biometrics software with advanced liveness detection technology that passed the Fime Level 2 PAD assessment. The Enhanced SmartSelfie software uses dynamic liveness challenges to prevent fraud and is optimized for low-bandwidth conditions in the African market. This technology is crucial for combating escalating fraud in the region’s banking sector,…
Daon joins the AWS ISV Accelerate program to enhance its identity verification and biometric solutions. The collaboration will enable Daon to expand its market reach and provide innovative products through the AWS marketplace. The company also launched the TrustX cloud biometrics platform in 2023 and secured a patent for deepfake detection technology. Daon has joined…
Integrated Biometrics and GripID unveil the GripID FAP30, the smallest multimodal biometric device, integrating advanced fingerprint, iris, and facial recognition technologies. It offers a compact, portable design ideal for law enforcement and border security. Future innovations are planned, including the GripID FAP50. GripID aims to penetrate the KYC market through collaborations enhancing security in identity…
The U.S. is seeing increased acceptance of mobile IDs, especially in age verification and air travel processes. New York’s Mobile ID (MiD) has been widely embraced, aiding hospitality businesses in age checks. West Virginia also launched its mID system. Overall, about 14 states are implementing mobile driver’s licenses, with significant growth expected in the coming…
Biometric technologies are rapidly modernizing identity verification across sectors by providing secure and efficient solutions. Their application ranges from real-time verification during travel to innovative border control measures. Security of biometric data, privacy, and ethical implementation are crucial concerns that must be addressed as biometric systems grow more prevalent and advanced. Biometric technologies are transforming…
Panama has implemented a digital identity system for citizens and permanent residents via Decree 43, introducing the e-cédula mobile wallet. The Digital Identity System (SID) allows users to perform online transactions and is currently available on Android devices. Enhanced biometrics and partnerships aim to secure services and improve user experience, reflecting Panama’s growing digital wallet…
Cyprus has initiated a digital ID application process called IDME.cy for citizens aged 18 and above. Applications began on January 27, 2023, requiring online submission and biometric capture. The digital ID enhances security and access to services, with the first 30,000 IDs issued for free. A digital wallet for storing IDs will also be launched,…
New Zealand’s Digital Identity Services Trust Framework goes live on November 8, focusing on regulating digital IDs. It operates on an opt-in basis, with no central data storage, requiring consent from users for each transaction. Accreditation for identity service providers is not mandatory but grants a trust mark, fostering safety and privacy in digital interactions….
Armenia is set to roll out new biometric passports and ID cards by 2026. Three bidders have advanced in the tender process for this public-private partnership project. Details of the proposals will be revealed on October 10, with a selection anticipated by the end of March 2025, improving service efficiency at airports and government offices….
