industry trends

GSMA: Mobile Tech is Driving Economic Development in Tanzania

GSMA: Mobile Tech is Driving Economic Development in Tanzania

Mobile technology is playing a vital role in the ongoing economic development of Tanzania. A new GSMA report found that the country’s mobile operators generated $2.5 billion in value in 2016 alone, a figure that represents 5.2 percent of the country’s GDP. The mobile industry also creates jobs for around 1.5 million Tanzanian people, which…

Goodix Exec: US-China Trade War Slowing Mobile Biometrics Market Growth

Goodix Exec: US-China Trade War Slowing Mobile Biometrics Market Growth

The US-China trade war is slowing growth in the mobile biometrics market, suggest comments made by a senior Goodix executive at the latest Mobile World Congress. Speaking to the Nikkei Asian Review, Goodix CTO and COO Pi Bo said, “Under the current conditions, it has become very unlikely for Chinese tech companies like us to…

Financial Institutions Still Rely on Vulnerable Password Security: Report

Financial Institutions Still Rely on Vulnerable Password Security: Report

In recent years, more and more financial institutions have turned to biometric technology to improve security and customer service, incorporating solutions that range from voice banking software to facial recognition scans at ATMs. However, a new report from OneSpan suggests that it will take a considerable push to make the full transition to biometric authentication…

5G Networks to Reach 2.7B People by 2025: GSMA Report

5G Networks to Reach 2.7B People by 2025: GSMA Report

“…the report predicts that by 2025, there will be about 1.4 billion 5G connections around the world, accounting for 15 percent of the global mobile market.” Just ahead of this year’s Mobile World Congress, the GSMA has issued a new report predicting the spread of 5G networks and the transformative impact it will deliver together…

Gemalto Places Volume Order for Biometric Card Tech from FPC

Gemalto Places Volume Order for Biometric Card Tech from FPC

As it works toward commercially launching biometric payment cards, Gemalto has ordered fingerprint scanning technology from Fingerprint Cards. More specifically, Gemalto is leveraging Fingerprints’ T-Shape fingerprint sensor module and its recently announced Biometric Software Platform in the continuing development of payment cards that can scan a user’s fingerprint for authentication during transactions. Announcing the order…

Samsung Introduces In-Display Fingerprint Biometrics with Galaxy S10

Samsung Introduces In-Display Fingerprint Biometrics with Galaxy S10

The cat is out of the bag, and the fingerprint sensor is under the display in Samsung’s latest flagship smartphone, the Galaxy S10. In officially announcing the new device this week, just ahead of this year’s Mobile World Congress in Barcelona, Samsung was keen to emphasize the all-around technical prowess of the S10, but the…

Americans Want More Biometrics in the Workplace: Survey

Americans Want More Biometrics in the Workplace: Survey

Veridium has shared the findings of its Biometric Consumer Sentiment Survey, revealing that more adults are warming to the benefits of biometric authentication. The survey found that a full 70 percent of respondents would like to see biometric authentication used more often in the workplace, alternately citing speed, security, and convenience (and the difficulty of…

OPPO K1 India Launch to Further Expand Reach of In-Display Fingerprint Tech

OPPO K1 India Launch to Further Expand Reach of In-Display Fingerprint Tech

“Other features of the OPPO K1 include a 6.4″ Super AMOLED display, a Snapdragon 660 processor, a 25MP selfie camera, a dual 16MP and 2MP rear-facing camera system, and a 3,600mAh battery.” OPPO’s K1 smartphone will soon launch in India, further spreading the reach of in-display fingerprint sensor technology after the device’s launch in China…

MIT AI Policy Congress Discusses the Need for Ethical AI Regulation

MIT AI Policy Congress Discusses the Need for Ethical AI Regulation

The inaugural MIT AI Policy Congress recently convened in Massachusetts, bringing together leading researchers, industry insiders, and policy experts for a series of discussions about the future of artificial intelligence. Hosted by MIT’s Internet Policy Research Initiative (IPRI) and the Organization for Economic Cooperation and Development (OECD), the conversation stressed the importance of collaboration and…

Juniper Research Goes Bearish on mPayments in New Report

Juniper Research Goes Bearish on mPayments in New Report

“The window of opportunity in the US for mobile payment providers like Apple Pay and Google Pay is closing fast,” writes Juniper Research in a new report on the mPayments market. Assessing the results of a survey of over a thousand smartphone users across the US and the UK, Juniper Research finds dismaying trends for…

INTERVIEW: Stefan K. Persson, CEO, Precise Biometrics

INTERVIEW: Stefan K. Persson, CEO, Precise Biometrics

Precise Biometrics has established itself as a world leader in supplying fingerprint algorithm software. The company has also proven adept at maneuvering to navigate the market changes that have ensued, from the dramatic rise of smartphone-based fingerprint sensors to that market’s saturation to the expansion to multimodal capabilities. Precise Biometrics also has a relatively new…

Finally, Some Good News: Javelin Reports Progress in Post-Password Security Adoption

Finally, Some Good News: Javelin Reports Progress in Post-Password Security Adoption

“The increase in strong authentication adoption makes sense given that while data breaches, phishing threats and regulatory pressures have risen, the financial and user experience costs associated with implementing strong authentication have decreased.” – Al Pascual, SVP and Research Director, Javelin Strategy & Research Finally, some good news about the current state of digital security:…

Consumers are Skeptical About the 5G Future: GSMA Intelligence

Consumers are Skeptical About the 5G Future: GSMA Intelligence

The 5G future is on the way. We just don’t know what it will look like, or how much consumers will be willing to pay for a high speed premium. That’s the takeaway from two new Consumer Survey reports published by GSMA Intelligence during CES 2019. Together, The Future of Devices and 5G’s Great Expectations…

IT, Business Leaders Still Calling for IoT Security Regulations: Survey

IT, Business Leaders Still Calling for IoT Security Regulations: Survey

New research from Gemalto is highlighting the security risks associated with the Internet of Things, and raising a call for government intervention to help protect businesses. Reporting on the results of surveys of 950 IT and business executives, Gemalto has concluded that only about half – that is, 48 percent – of businesses are actually…

Research: Behavioral Biometrics Market  on Track to Hit $3.9 Billion by 2025

Research: Behavioral Biometrics Market on Track to Hit $3.9 Billion by 2025

The behavioral biometrics market is really going to come into its own over the next several years, suggests a new report from Allied Market Research. The firm estimates that the global behavioral biometrics market was valued at about $720.5 million in 2017, and that it will reach a whopping $3.922 billion by the year 2025.…

Mobile Payments Continue to Climb as Biometrics Boom Continues: Goode

Mobile Payments Continue to Climb as Biometrics Boom Continues: Goode

“This trend is part of the larger mobile biometrics boom, with Goode Intelligence forecasting in its report that mobile biometric payments will amount to $1.67 trillion per annum by the end of the forecast period.” Mobile payments are going to keep climbing as the mobile biometrics boom continues to unfold in the world of financial…

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