Biometric Technology Market to Garner $127.32 Bn, Globally, by 2030 at 14.1% CAGR: Allied Market Research

Rising crime and invasion of privacy have caused concern for people and organizations to protect their assets and personal data, which in turn is stimulating the global biometric technology market. PORTLAND, ORE., March 7, 2022 / PRNewswire / – Allied Market Research recently published a report entitled Biometric Technology Market by Component (Hardware and Software), … Read more

Juniper Research: Payment Card Technology Revenue to Exceed $11.7 Billion Globally in 2026, with Metal & Biometric Cards Driving Change

Basingstoke, England – (BUSINESS WIRE) – A new study by Juniper Research found that global revenue from sending payment cards to technology companies will reach $ 11.7 billion in 2026 from $ 9.7 billion in 2022. This 20% increase reflects new innovations that are emerging in the field of payment cards until contactless cards appear. … Read more

Biometric technology like facial recognition is here to stay

The recent opposition to the use of IRS face recognition technology and the agency’s subsequent decision to abandon that technology raise the question of whether face recognition systems will ever be fully adopted in the United States. Activists and experts in particular often raise the issue bias in algorithms related to biometric technologies such … Read more

Samsung Introduces Smart All-in-One Fingerprint Security IC for Biometric Payment Cards – Samsung Global Newsroom

The new security IC solution combines fingerprint sensor, Secure Element and Secure Processor in one chip with improved security features that include Samsung’s own fingerprint authentication algorithm and anti-spoofing technology. Samsung Electronics, a world leader in advanced semiconductor technology, today unveiled its new fingerprint security chip (integrated circuit) ─ S3B512C ─ with improved security features. … Read more