While there have been significant initiatives in biometrics introduced throughout Asia, many of the programs have been slow to be adopted, according to a ChinaTechNews article. Navin Rajendra, a consultant for Frost & Sullivan, believes that much of this is due to standards not yet being in place and high cost of execution. As use of biometrics grow within Asia, market analysts feel that eventually the benefits will outweigh the cost.
The other major player in slow biometric adoption is security concerns. Although the worry regarding security of the biometric identifiers seems to be limited to its use in personal banking in Asia, it remains a major concern in Europe and North America.
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