Acuity Market Intelligence has announced its “Ten Top Trends for Biometrics and Digital Identity” for 2017.
Many of the trends are already underway. Mobile biometrics will continue to go mainstream, enterprise executives will continue to respond to the impacts of the IoT, and more startups and small companies are going to be acquired by bigger companies, particularly in the BFSI sector.
Other trends are only just starting to emerge. Iris biometrics will emerge as a major modality on mobile devices – thanks in large part to the Samsung Galaxy S8, presumably – and behavioral biometrics, too, will go mainstream on smartphones. Meanwhile, mobile identity credentials will increasingly be used in smart infrastructure.
More intriguingly, Acuity predicts that a “handful of fintech standouts, committed to disruption,” will “emerge as potential threats to the status quo,” according to a statement announcing the trends; and “[b]iometrics and digital identity begin to be understood as forces for social justice, equity, privacy, and accessibility.” These last trends help to illustrate the two sides of the massive change that biometric technology can bring about as it continues to advance and proliferate.
(Originally posted on FindBiometrics)