The Global Biometric Authentication & Identification market is set to grow significantly from $28 billion in 2024 to $75 billion by 2032, driven by demand in sectors like banking and healthcare. Key technologies include fingerprint and facial recognition. The market faces challenges like privacy risks, yet trends towards AI integration in biometrics promise continued innovation….
MOSIP Connect 2025, co-hosted by MOSIP and the Philippine Statistics Authority from March 11-13, will spotlight digital identity’s role in government transformation. Following a successful first edition, the event will feature workshops, exhibitors, and initiatives to advance biometrics and identity solutions. The upcoming MOSIP Connect 2025 in Manila, Philippines, scheduled from March 11 to 13,…
Vietnam’s Ministry of Construction is introducing biometric technology and the VNeID platform at Tan Son Nhat and Noi Bai airports. The deployment timelines vary, with Tan Son Nhat scheduled for April-June and Noi Bai for March-September. The initiative includes additional airports and necessitates chip-based ID cards and personal data sharing for effective verification. The Ministry…
Toronto police are seeking a new facial recognition system, with eleven vendors competing for the contract. The initiative aims to improve accuracy and integrate with existing databases while addressing concerns over privacy and bias. This tender raises ongoing debates about the implications of facial recognition technology in law enforcement. Toronto police have opened a tender…
The DHS has opened its IXM specification for vendors to enhance biometric system interaction. The Office of Biometric Identity Management automates message validation. Future announcements are anticipated regarding biometric data schema. The U.S. Department of Homeland Security (DHS) has made its specification for interacting with the nation’s largest biometrics database available to vendors and developers….
Serenity has launched the sAxess App, the first biometric-only access app, available on the App Store. Eliminating passwords, it enhances security through fingerprint authentication and secure cryptocurrency management. As breaches increasingly impact applications, this app addresses a critical need. The market for biometric solutions is expanding, supporting its relevance in today’s digital world. Serenity has…
iProov launched Workforce MFA, a device-independent biometric authentication solution certified by the FIDO Alliance. This solution mitigates account takeover risks by adding strong identity confirmation, while also reducing costs associated with password resets. Its compatibility with major identity providers allows for seamless integration, addressing modern workforce security challenges effectively. iProov has introduced iProov Workforce MFA,…
The formation of a Reusable Digital ID Network by Select ID, SQR, Luciditi, and ShareRing aims to enhance remote customer onboarding in UK financial services. By complying with evolving KYC regulations, the initiative focuses on improving identity verification processes and overall customer experiences. The partnership also aims to integrate emerging technologies to restore consumer trust…
Bumble has introduced a biometric ID verification feature to combat romance scams. Users can show a verification badge on their profiles after uploading ID and a selfie. This feature aligns Bumble with Tinder’s similar initiatives and includes a new safety tool called “Share Date” for sharing date details with trusted contacts. Bumble has launched a…
A U.S. court has approved a settlement in Clearview AI’s litigation on biometric data, granting claimants a 23% stake in a potential IPO, estimated at $51.75 million. Clearview’s facial recognition tech improves FBI investigations of online child abuse cases. While concerns over opt-out practices linger, the settlement allows continued operations under established agreements with law…
