biometric security, Biometrics, Cyber Security, Daily News, Fraud & Security, Identity, Issuing & Acquiring -

Prints charming: biometric security reaches the billions

According to Deloitte, the active base of fingerprint reader-equipped devices offering biometric security will top 1 billion for the first time in early 2017. Each sensor will be used, on average, 30 times a day, resulting in more than 10 trillion aggregate uses globally.


Prints charming: biometric security reaches the billions

According to Deloitte, approximately 40% of all smartphones in developed countries will incorporate a fingerprint reader by the end of the year, up from 30% as of mid-2016. At least 80% of users with a fingerprint reader-equipped smartphone will use this sensor regularly; this compares to 69% of users in mid-2016.

Paul Lee, head of technology, media and telecommunications research at Deloitte said: “Billions of smartphones and tablets are expected to be capable of processing and collecting multiple types of biometric inputs, including face recognition, voice pattern and iris scan in 2017, but usage of fingerprints will lead the way. The rapid pace of adoption of this technology will likely be met with additional applications that could use fingerprint readers to provide fast and secure authentication.

“The fingerprint has proven to be the most popular form of biometric security on smartphones and the concept of fingerprint security is increasingly becoming normalised. This is important: as fingerprint security becomes more common, consumers will find it easier – and will be more willing to pay for goods and services using their smartphones.”

The post Prints charming: biometric security reaches the billions appeared first on Payments Cards & Mobile.