Biometric ticketing for sports and live events is projected to surge by 2025, with significant implementations already observed in stadiums. Companies like Wicket and Clear are at the forefront, showcasing benefits such as reduced wait times and improved security. Despite challenges concerning costs and privacy, the potential for biometrics in enhancing the user experience is…
2024 has witnessed significant M&A activity in biometrics and digital identity, emphasizing consolidation and strategic acquisitions by companies to leverage biometric technologies in various sectors, particularly travel. As the industry evolves towards integrating physical and digital identity solutions, increased investments and innovations are anticipated in 2025, especially around digital wallets and identity verification technologies. As…
Biometric authentication enhances security by using unique biological traits for identification. While it offers benefits like convenience and reduced administrative burdens, it also poses significant risks, including credential theft and high implementation costs. Best practices are essential to protect biometric data and ensure effective use. As this technology develops, it holds great potential for improving…
Fingerprint Cards AB and Anonybit have partnered to develop an innovative biometric authentication solution aimed at revolutionizing enterprise security by eliminating passwords. This collaboration combines advanced biometric technologies for enhancing user convenience, preventing unauthorized access, and improving the user experience through features like passwordless login and continuous authentication. Fingerprint Cards AB (Fingerprints) and Anonybit have…
The global biometric sensor market is anticipated to grow from USD 1.80 billion in 2023 to USD 6.10 billion by 2032, with a CAGR of 14.59%. Key factors driving this growth include increasing security needs, innovation in biometric technology, and wider adoption across sectors such as finance, healthcare, and travel. The trend is highlighted by…
Air France, in collaboration with IDEMIA, has introduced ALIX™, an AI-powered luggage identification solution at Paris Airport to enhance baggage operations. The innovative system is designed to improve efficiency, reduce operational costs, and enhance the overall passenger experience amid increasing global air travel. A webinar featuring industry experts discussed the project’s deployment and its implications…
France will integrate its healthcare card, carte Vitale, into a new app called France Identité by early 2025. This move allows users to access health data digitally, streamlining the reimbursement process for medical expenses. The shift aims to meet digital service demands while tackling healthcare fraud. Previous plans for biometric cards were discarded due to…
Canada is preparing to launch a bidding process for a biometric identification system for immigration, with contracts valued between CA$25 million and CA$100 million. The IRCC aims to update its collection capabilities, focusing on innovation, security, and inclusivity. Responses to the request for information are due by December 3, 2024, continuing previous efforts to enhance…
Neurotechnology’s latent fingerprint algorithm has ranked highest in the NIST ELFT evaluation for accuracy, showing remarkable extraction speeds. The evaluation relies on datasets from U.S. law enforcement. Other companies in the top ten include Idemia and Thales. This achievement reflects Neurotechnology’s ongoing commitment to biometrics innovation. Neurotechnology has achieved the top position in the NIST…
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…
