CBP Expands Iris Recognition Technology for Enhanced Border Security

The U.S. Customs and Border Protection (CBP) is expanding iris recognition use, guided by Iris ID, focusing on improving border security and efficiency. Iris biometrics offer advantages in reliability and accuracy, with aims for 100% integration at checkpoints. Though more privacy-friendly than facial recognition, concerns about data misuse loom as technology adoption increases. The U.S….

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Biometric Payment Market Projected to Hit USD 34.8 Billion by 2032 Driven by Demand for Security and Convenience

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…

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Idemia NSS Awarded DOJ Contract to Enhance Biometric Services

Idemia NSS has won a $6.4 million contract from the DOJ to modernize the Justice Biometric Identity Service (JBIS). This service will enhance biometric identification for federal agencies, facilitate over 420,000 transactions annually, and leverage the latest technology while maintaining cybersecurity compliance. Over ten years, the contract could reach $44.3 million, representing a strategic upgrade…

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