NEXT Biometrics’ Post

The biometric identity sector is rapidly evolving due to global security demands, regulatory requirements, and AI advancements. Key sectors like finance, healthcare, and government are at the forefront, utilizing biometrics to enhance secure and seamless access. Examples shaping this market include: - India's Aadhaar Program: With over 1.3 billion registered individuals, it enables secure banking and access to social services. - TSA in the U.S.: Utilizing facial recognition to streamline airport security, balancing efficiency with heightened safety. - European Initiatives: The EU's eIDAS regulation supports secure electronic identification, driving the adoption of biometric solutions across borders. Fuse Capital we take pride in supporting European identity companies expanding internationally. Through non-dilutive funding options, we assist in growth without sacrificing equity. Let's connect and explore how to leverage this growth! #Biometrics #IdentityTech #NonDilutiveFunding #FuseCapital #GrowthCapital #GlobalExpansion

Meet with the TECH5 experts Rob Haslam and Shankar Bhat today and tomorrow at the Digital Government Africa 2024 conference and exhibition to discuss latests trends and technologies in biometrics and digital identity industry. #biometrics #innovation #digitalidentity #tech5 #identitymanagement #technologyforinclusion

Step up your game and see how NEC is leading the way in secure, seamless identification at #IAI! Our escalator ad leads straight to #Booth203, where the future of biometrics is revealed. #LawEnforcement #Biometrics #NEC203" #Reveal

#FactMR exploring the transformative potential of the Contactless Biometrics Market. As technology advances, contactless biometric solutions are becoming increasingly vital for secure and seamless identification across various industries. Read more: https://lnkd.in/gmEdMJb #ContactlessBiometrics #IdentitySecurity #TechInnovation

Subscribe to the Daily Biometric Update Newsletter: https://lnkd.in/g3BcNWKD The Biometric Update Newsletter provides daily news, information and market research to industry professionals involved in the biometrics value chain. Use our newsletter to: - Learn about the latest technologies and developments in the global biometrics market. - Obtain timely competitive intelligence about the biometrics industry value chain. - Identify products, technologies and industry trends that will increase profitability. - Monitor high-quality market research to identify potential opportunities and risks. Subscribe today! https://lnkd.in/g3BcNWKD #biometrics #digitalidentity #newsletter

The use of biometric authentication is present in almost every service and industry. However, there are still some misconceptions about its use and implementation. At B-FY, we debunk the most common myths: https://lnkd.in/dnei6AAG #biometric #biometricauthentication

MK Group has been announced as a new supplier member of the Biometrics Institute. This membership signifies MK Group's commitment to the field of biometrics and strengthens the industry as a whole. What it means to MK Group: • Being a member of the Biometrics Institute demonstrates MK Group's expertise and credibility in the biometrics sector • The membership grants MK Group access to a network of industry professionals and potential partners for future endeavors • The Biometrics Institute provides its members with valuable resources and updates on the latest advancements in biometrics technology MK Group hopes to contribute to the Biometrics Institute: • Supporting Biometrics Institute to expand the ecosystem with diverse and specific biometric applications of MK Group • The membership strengthens the institute's network by incorporating a wider range of suppliers within the biometrics field This membership is a positive step for both MK Group and the Biometrics Institute, fostering collaboration and development within the biometrics industry. About MK Group:  MK Group Joint Stock Company (MK Group JSC.) was established in 1999 in Vietnam, specializing in Digital Security Authentication solutions and Smart Cards. MK Group is proud of fully mastering core technologies related to smart digital security, smart cards and biometrics, meeting the strict demands of the domestic market and export market. In the context of the fourth industrial revolution – Revolution 4.0, MK Group has built and implemented its production and business activities in the direction of "SMART DIGITAL SECURITY" contributing to enhancing global competitiveness, promoting smart industry and developing the digital economy of the country. Over 25 years of construction and development, MK Group and its members constantly invest in researching solutions with high-tech gray matter content based on achievements and world technology trends to better serve security activities, e-government, finance-banking, public transportation as well as contribute to bringing a civilized, convenient and safe life to the people. About Biometrics Institute:  The mission of the Institute is to promote the responsible, ethical and effective use of Biometrics and related technologies that respect the Institute’s ethical guidance as an independent and impartial international forum for biometric users and other interested parties. #mkgroup #mksmart #mkvision #mkhitek #smartcards #smartcarddevices #biometricdevices #cardoersonalization #cardissuance #cardmailing #carddelivery #digitalidenity #identityverification #kyc #electronicID #digitalID #identity #pki #otp #biometric #mfa #emv #digitalpayment #dashcamera #primx #digitaltransformation #membership #biometricsinstitute 

The global Noncontact Biometric Identification and Authentication market was valued at US$ 9 million in 2023 and is anticipated to reach US$ 29 million by 2030 witnessing a CAGR of 21.0% during the forecast period 20242030. #BiometricSecurity #NonContactBiometrics #FacialRecognition #FingerprintTech #HandGeometry #SecureIdentification #TechInnovation #MarketGrowth #FutureTech #GlobalMarket

Great to see that #Gartner has begun recognizing 'decentralized biometrics' as the future of biometric authentication in their recent 'Innovation Insight on Biometric Authentication'. Keyless is mentioned as a leading player in the space. Our unique approach to the decentralized model allows us to provide biometric authentication without storing biometric data anywhere, the only truly privacy-preserving solution in the market. 💡 Here’s what Gartner highlights: ▪ The decentralized approach merges the advantages of local and centralized biometrics. ▪ Unlike local approaches, it doesn’t rely on device manufacturer’s technology and gives users more control over enrollment compared to centralized models. ▪ Offers privacy levels comparable to / beyond local biometrics (when implemented correctly!). Our patented Zero-Knowledge Biometrics™ (#ZKB) technology is at the core of this approach. You can read a summary of the Innovation Insight here 👉 https://lnkd.in/ed4yKGwM #decentralized #multipartycomputation #biometrics #zeroknowledgeproof

Though often presented as competing technologies, both contact and contactless scanners can be part of a robust end-to-end biometric system.  Read Integrated Biometrics white paper to learn how and when to leverage the advantages of each. https://lnkd.in/gEmxQivu #biometric #contactless #fingerprints #palm #identification