The biometric payment market is set to grow from USD 8.6 billion in 2023 to USD 34.8 billion by 2032, with a CAGR of 16.84%. This growth is attributed to increasing security concerns and consumer preference for seamless transactions powered by technologies like fingerprint and facial recognition. Leading players, including Apple and Mastercard, are spearheading…
Juniper Research projects that global spending on digital identity verification will rise to $26 billion by 2029, a 74% increase. Key drivers include behavioral biometrics and regulatory changes such as eIDAS in the EU, which mandate interoperable digital identity systems. The report emphasizes the need for a multi-technology approach to create user-friendly, secure verification processes…
Italy’s digital identity systems are transitioning amid the rollout of the European Digital Identity Wallet, facing challenges such as technical interoperability and privacy concerns. Existing systems like SPID and CIE are supported by the newly introduced It Wallet, designed for enhanced access. Urgency grows as EU regulations mandate digital wallets by 2026, with ongoing scrutiny…
Nigeria’s biometric passport app, launching in the UK, Italy, and the US on November 15, will utilize contactless biometric technology to improve passport renewal for citizens abroad. This follows its successful introduction in Canada. The app employs remote face and fingerprint capture, aiming to streamline services and enhance data security cooperation. Nigeria’s Interior Minister, Olubunmi…
Privately SA and Privado ID are collaborating on a device-based age verification solution that prioritizes user privacy and aims to address regulatory challenges faced by adult content sites, social media, and streaming services. The tool integrates biometric age estimation technology with a verifiable credentials marketplace, supporting the self-sovereign identity concept and promoting user control over…
The UNHCR is adopting the ISO/IEC FDIS 29794-5 standard for biometric image quality to improve the quality of facial photos in refugee ID documents. This move, part of the agency’s Photo Quality Initiative, aims to enhance trust and protect against identity theft. The initiative was discussed with ICAO in Copenhagen, highlighting the importance of standardized…
VNSW has initiated a tender for facial recognition technology at major stadiums, aiming for deployment by Q2 2024/2025. Veridas showcases its biometric access control with plans for expansion post-successful trials. The Chick-fil-A Bowl uses ID.me to secure ticket purchasing, while IDmission innovates with self-service draft beer systems. This pattern indicates a growing trend towards biometric…
The 12th Open Identity Summit 2025 will convene on May 22-23 in Munich, Germany, focusing on identity management, trust services, and related technologies. Participants are invited to submit short and full papers addressing critical topics such as digital wallets, privacy, and AI. Accepted works will undergo double-blind peer review for potential publication in an academic…
At NeurIPS 2024, research at the Safe Generative AI Workshop will focus on advancing biometric security, bias mitigation, and model interpretability. Key studies discuss new frameworks for AI interpretation, vulnerabilities in biometrics to adversarial attacks, and the impact of regional bias in facial recognition systems, underscoring critical issues in technology deployment. At NeurIPS 2024, the…
IDEMIA has provided INTERPOL with an upgraded Multibiometric Identification System (MBIS), featuring advanced algorithms that enhance the efficiency of criminal investigations. The system allows member countries to query biometric data effectively, incorporating first-ranked algorithms from NIST evaluations. This development reaffirms IDEMIA’s commitment to public safety and its enduring partnership with INTERPOL, aimed at combating international…
