Market Research Report
Biometrics for Payments - Market & Technology Analysis, Adoption Strategies & Forecasts 2018-2023, 2nd Edition
|Published by||Goode Intelligence||Product code||342253|
|Published||Content info||320 Pages
Delivery time: 1-2 business days
|Biometrics for Payments - Market & Technology Analysis, Adoption Strategies & Forecasts 2018-2023, 2nd Edition|
|Published: October 18, 2018||Content info: 320 Pages||
The 320 page report is the most comprehensive analysis of biometric payments and investigates the current global adoption with market analysis including key drivers and barriers for adoption, interviews with leading stakeholders, technology analysis with review of key biometric technologies and profiles of companies supplying biometric systems for payments. It also includes regional and global market forecasts for users, devices, transactions and revenue for the six-year period from 2018 to 2023. The report is the second in a three-part series - Biometrics for Financial Services - that also includes Biometrics for Banking and Mobile Biometrics for Financial Services.
This is the second edition of the Goode Intelligence Biometrics for Payments report, first published in 2015 that is an investigation into the use of biometric technology for payments. It includes:
It also explores some of the key considerations for payment providers when deploying biometric technology including the impact of both state and industry regulation.
Goode Intelligence predicts that there will be over 2.6 billion biometric payment users by 2023 with the use of biometrics being driven by a number of factors including:
The report covers the following payment channels:
An investigation into adoption around the world includes biometrics being used for digital onboarding (eIDV), identity verification (proofing), payment user authentication, payment transaction authorisation and fraud detection.
Important biometric modalities for payments include fingerprint, voice, face, finger-vein, palm-vein, behavioral and iris. Emerging biometric modalities include heart (ECG) and palmprint.
An analysis of the advantages and disadvantages of the main biometric architectural models, decentralized and cloud based (biometric identity as a service) are including.
Users (Regional and Global) - Users are broken down into technology and payment type as detailed below.
A total, combined, forecast is given for all biometric payments users.
The revenue forecasts, in USA Dollar, include separate figures for each biometric technology (modality), separate forecasts for biometric payment cards (embedded fingerprint sensors into plastic payment cards), biometric Identity verification for payments, by architecture (device and cloud-based), regional and combined figures.
Transaction forecasts are for total global payment transactions that are secured by biometric technology and the total global transaction value.
The report includes exclusive interviews with important stakeholders from the following companies, Fingerprint Cards, FingoPay, Gemalto, HID Global, IDEMIA, IDEX, Precise Biometrics and Zwipe.
The following companies are referenced in the report: ABSA Bank, Access Softek, Agnitio, AimBrain, Alipay, American Express, AML Bitcoin, ANSI, Applied Recognition, Apple, Areeba, ARM, Auraya Systems, Banco Bradesco, Bank of Lanzhou, Bank Muscat, Bank of America, Bank of China, Bank of China Hong Kong, Bank of Cyprus, Bank of Korea, Bankmobile, Barclays, BehavioSec, BioCatch, BIO-key, Biometric Signature ID, Braintree, Brightek, B-Secur, BSI, Cairo Amman Bank, Callsign, CardLab, Cardtech, Certibio, CESG, Cifas, CLEAR, Cognitec, Crossmatch, Cryptovision, Cubic Transportation Systems, DAB Bank, Daon, DARPA, Dermalog, Diamond Fortress, Diebold, Discover, EarlyWarning, Edgar Dunn & Company, EgisTech, EMVCo, Encap Security, European Central Bank (ECB), European Union (EU), eyeLock, Experian, FaceTec, FACE++, Federal Deposit Insurance Corporation, Federal Financial Institutions Examination Council (FFIEC), Feitian, Financial Conduct Authority (FCA), Financial Fraud Action (FFA), Fingerprint Cards, First Bitcoin Capital Corp, Fotonation, Fujitsu, Fulcrum Biometrics, GBG IDScan, Gemalto, GOODIX, HID Lumidigm, Hitachi, HYPR Corp., IDEMIA, IDEX, IDology, IEEE, InFocus, ING, Innovatrics, IProov, IrisGuard, ISO, Itaú Bank , JCB, Jinco, Jumio, KeyLemon, Kona I, Linxens, Lumidigm, Macau Monetary Authority, MasterCard, MeReal Biometrics, Microsoft, Mitek Systems, MoneyOnMobile, Morpho, Mountain America Credit Union, M2Sys, National Credit Union Administration, NatWest Bank, NEXT Biometrics, NICE, NIST, NCR, NEXT Biometrics, Nok Nok Labs, NTT DoCoMo, Nuance, Nymi, NXP Semiconductors, Office of the Comptroller of the Currency (OCC), OKI, Onfido, OSRAM, Qualcomm, PayPal, Princeton Identity, RBS, Redrock Biometrics, Royal Bank of Canada, Royal Oman Police, RSA, SAMCO Inc., Samsung, Samsung SDS, SecuredTouch, SmartMetric, SmilePass, SoftKinetic, Sonavation, Sthaler, Synaptics, Telesign, Tencent, The FIDO Alliance, Toppan Printing, Trustonic, TypingDNA, UniCredit Bulbank, Unikeys, USAA, US Federal Reserve, ValidSoft, Veridium ID, Verint, VISA, Vishay, VoiceTrust, VOXX International, WeChat Pay, Wincor Nixdorf, WorldPay, W3C, Yoti, ZTE, Zwipe.