Saturday, July 13, 2024
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biometric

Survey: PH is 4th worst nation in collection and use of biometric data

As expected, China topped the list due to its expansive data collection policies.

Covid-19 forces biometric revenues to drop 22% in 2020

The entire biometrics market, however, will regain momentum in 2021 and is expected to reach approximately $40 billion in total revenues by 2025.

Covid-19 pummels biometrics market causing revenues to drop by $2B

However, the pandemic has also given rise to new identification and surveillance needs, spurring further investments in biometric AI algorithm design, which will give a boost to the face recognition technologies market going forward.

Border control biometrics revenues to reach $3.5B by 2025

Global surveillance camera shipment revenues for border control will reach $1.9 billion by 2025 due to the push to strengthen border security via new video analytics, behavioral analytics, machine learning and machine vision technologies.

Access control, body-worn video, and surveillance cameras boosting biometrics market

Biometric locks faced significant problems in the past due inaccurate matching algorithms but recent demand from Asia Pacific forced the technology to catch up boasting over 24 million biometric lock shipments in 2024.

E-gov?t firm taps HK company to bring biometric authentication to PH

HK-based Finda owns a Live-Facial-Recognition (LFR) system that serves as a technical backbone for real-ID authentication solutions for various government agencies, financial institutions, and health insurance firms in Asia.

E-gov’t firm taps HK company to bring biometric authentication to PH

HK-based Finda owns a Live-Facial-Recognition (LFR) system that serves as a technical backbone for real-ID authentication solutions for various government agencies, financial institutions, and health insurance firms in Asia.

BPI set to roll out biometric, security-enhanced mobile app

The new BPI mobile app, which will become available in Google Play and Apple App Store on May 15, has added more built-in security features, including One-time PIN and biometric log-in.
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