The global vein recognition biometrics market in the banking, financial services and insurance (BFSI) sector is set to grow at a compound annual growth rate (CAGR) of 27.83% from 2014-2019, research firm Technavio predicts... More
Archive: Other news
Fingerprint sensor shipments to reach 1bn units by 2020
Shipments of fingerprint sensors for smartphones are expected to reach 1bn units by 2020, representing a 17% compound annual growth rate (CAGR), according to ABI Research... More
Nexus Imprint brings fingerprint sensor support to Android M
Google has unveiled Nexus Imprint, a system that brings fingerprint sensor support to its latest phones and the upcoming Android 6.0 Marshmallow mobile operating system. It will enable the entire app ecosystem to make use of fingerprint recognition and will also work with Android Pay to authenticate an in-store payment, says the company. More
Tascent raises $18.5m for mobile iris ID
Biometric identity solutions provider Tascent has announced a US$18.5m Series A funding round to build out its biometric technology platform... More
Pittsburgh Penguins fans get BLE offers
Fans of the Pittsburgh Penguins ice hockey team will receive exclusive content on their mobile device when attending games at the Consol Energy Center throughout the 2015-2016 season via Bluetooth Low Energy (BLE) beacons... More
Estimote uses BLE stickers for indoor location
Bluetooth Low Energy (BLE) specialist Estimote has released an indoor location solution incorporating Estimote Stickers, Estimote Cloud and a mobile app to enable a user to search for objects tagged with stickers in specific locations... More
Kik adds QR to messaging app
Mobile messaging app Kik has introduced Kik Codes, QR codes which can be assigned to users and scanned to start a conversation or used by brands to send out offers... More
UK black cabs to get Bluetooth beacons
Commuters in taxi cabs across the UK cities of London, Edinburgh, Glasgow, Manchester and Birmingham will soon receive context-relevant messages as they travel... More
39% of US consumers use mobile banking monthly
Two in five US consumers (39%) and nearly half of mobile device owners (45%) use a mobile device to manage their bank account at least once a month, research from the American Bankers Association reveals... More
Engineers trial wireless communication via human body
Electrical engineers at the University of California San Diego have demonstrated a new wireless communication technique that works by sending magnetic signals through the human body. More
First Internet Bank enables Eyeprint ID
US-based First Internet Bank is letting customers log in to their mobile banking app by scanning their eye, using Eyeprint ID technology, rather than entering a user ID and password... More
US bank CEOs fear Apple competition
Almost half of US bank CEOs and directors worry about potential competition from Apple, with 63% saying they don’t think their bank is ready to offer Apple Pay, findings from Bank Director’s 2015 Growth Strategy Survey reveals... More
Google ‘shut down’ beacon project
A Google service called Google Here that would send notifications via Google Maps and beacons in participating stores was shut by CEO Larry Page this year... More
India biometrics market to grow 35% by 2020
India’s biometrics market is projected to grow at a compound annual growth rate (CAGR) of over 35% from 2015 through 2020, according to TechSci Research... More
Oxigen Wallet loyalty program partnership
Indian mobile wallet provider Oxigen Wallet has partnered with loyalty program provider PayBack to allow customers to earn PayBack points and redeem them as cash, to make online and bill payments... More
Google invites for Project Soli tests
Google is notifying developers of an impending Project Soli Alpha DevKit and is asking those notified to fill out an application for the chance to receive one, Android Police reports... More
Cyber Group and Sensoro roll out beacons across Greater China
Chinese chain store operator Cyber Group has launched a joint venture with beacon platform provider Sensoro to roll out Bluetooth Low Energy (BLE) beacons across Japan and the Greater China region... More
$14.9bn biometrics market by 2024
The worldwide biometrics technology market will grow from US$2bn in 2015 to $14.9bn by 2024, research firm Tractica predicts... More
620m biometric app downloads by 2020
More than 620m mobile banking apps that support biometrics for customer authentication and transaction verification will be downloaded by 2020, research from Goode Intelligence predicts... More
PREIT installs BLE beacons in US malls
Retail shopping mall owner Pennsylvania Real Estate Investment Trust (PREIT) is to roll out Bluetooth Low Energy (BLE) beacons in its shopping centres in 12 US states, allowing retailers and brands to trigger offers and information in shoppers’ smartphones... More