Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Biometrics spending to reach record highs by 2013

Monday, July 28, 2008

According to ABI Research, biometrics spending is expected to more than double from $3 billion currently to $7.3 billion by 2013. The growth is due to a number of factors including terrorist attacks earlier this decade and biometric developers working to improve the technology.

The creation of government standards for use and operation of biometrics also is expected to help push the growth. The firm expects much more widespread use and adoption of the technologies in the next five years.

ABI expects to see the increase in use of the technology to be present in both the public and private sectors for security. Furthermore they expect the technology to find more wide-spread use in simplifying daily life through replacing logins and passwords as well as speeding up travel checkpoints. [end] 

Related Articles
Dutch postpone NFC payments venture to 2013

The Netherlands will have to wait another year for the EU to approve its nationwide mobile payments scheme, according to the Register.

A consortium comprised of six banks and telecoms - including ABN AMRO, ING, KPN, Rabobank, T-Mobile and Vodafone - originally intended to launch NFC-enabled mobile payments in 2012, but has now reset the date for 2013 - and without the participation of T-Mobile.

read more »
ARMM to use biometrics to detect absent and ghost employees

The government of the Autonomous Region in Muslim Mindanao Philippines announced plans to begin searching for and ghost employees and absent employees by incorporating a biometric time and attendance system for government employees across the region, according to an Inquirer News article.

read more »
Visa Europe expectes big year for contactless, NFC

Visa Europe is anticipating a big year for contactless and NFC payments, with issuance projected to leap from 30 million in 2011 to 50 million in 2012.

read more »
Russian government delays universal card project

Russia has pushed back the launch of its universal eID card to January 2013, reports The Moscow Times.

Originally scheduled to roll out this month, the card is supposed to function as an electronic ID, driver’s license, proof of auto insurance, ATM card and immigration document, along with other possible features.

read more »
Precise develops smart cases for mobile devices

Precise Biometrics has developed a new line of “smart cases” for brands of tablets and smart phones to be released in 2012 and 2013. The new smart cases have built-in card reader and fingerprint sensor enabling users to both secure their devices as well as replace various password-based security for protected online sites and applications.

read more »
New Paris Metro card may be topped up by phone

The Paris Metro’s 2013 Navigo transit card may come with a new feature that enables users to top up their card accounts via mobile phone, according to the Verge.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.