#Fingerprint Biometrics Industry

[oliviadlima]

The fingerprint biometrics market was valued at $21.6 billion in 2022, and is estimated to reach $74.1 billion by 2032, growing at a CAGR of 13.4% from 2023 to 2032.

[chicago-geniza]

All-time favorite fact about my birthday is that it's European ~Respect & Equality For Persons With Disabilities Day or something to that effect (did not read the little blurb about it in English and don't know what the EU's official language of declaration/ratification was so unsure if the person-first language was translator's intervention), but in Poland and Poland only, it is also. Respect and Equality for Intellectually & Developmentally Disabled People Day. Poland said you have to be nice and respectful to Raya on their birthday because they are autistic about Poland, specifically

[queerbrownvegan]

What do robodogs and algorithms have to do with climate change? Introducing, the Border and Surveillance Industry.

The Border and Surveillance Industry is the simplest term for a huge and complex industry that includes the border, military, detention, tech, and finance industries that profit from tracking, harassment, imprisonment, and violence toward people on the move.

The border and surveillance industry is busy at work every day profiting from a web that spans right across the world. Borders can often look obvious - think about the walls and fences on the US Southern Border. Surveillance technology helps to expand these borders, and that is not always so obvious - think about thermal imaging cameras, fleets of drones, and biometric databases - that is huge collections of fingerprints and iris scans, as well as AI and phone and social media tracking.

And what does that have to do with climate?

The Transnational Institute reported that the world’s biggest emitters of greenhouse gases are spending, up to fifteen times as much on arming their borders as they are on climate finance for the world’s poorest. Rather than keeping their promises on climate justice, rich countries are responding to increased climate-linked migration by investing in attacking people who move. When nations militarize their borders, that does not stop people from needing to move. It simply forces people to make longer and more deadly journeys. And even if we're not on the move right now, this affects us all.

[cworkaccesscontrolcom]

An access control system regulates entry to a physical or virtual space, ensuring only authorized individuals gain admittance. Employing various mechanisms like key cards, biometrics, or passwords, it meticulously manages permissions, bolstering security and confidentiality.

This system not only safeguards against unauthorized access but also provides an audit trail, logging entry attempts and granting administrators insights into user activity. Vital across industries from corporate offices to government facilities, its versatility extends to digital realms, safeguarding data integrity and privacy. With its role evolving alongside technological advancements, access control systems remain paramount in fortifying the barriers against intrusion and upholding confidentiality.

[longlistshort]

Today’s throwback is to Jenson Leonard’s solo exhibition Workflow, at Wood Street Galleries in Pittsburgh, from the beginning of February.

From the gallery about the work-

Workflow, the first institutional solo exhibition of artist Jenson Leonard, centers on a titular film that explores the velocity and momentum of Blackness as it relates to the philosophical concept of acceleration—the notion that the only way out of capitalism is through its intensification.

In Workflow, a spectral Michael Jackson Halloween mask recites a surrealistic quarterly earnings reports. Building on a 2017 essay by artist Aria Dean titled “Notes on Blacceleration,” the short film centers on the ways in which the Black subject grapples with its commodified status within the labor market despite—or, resultant of—its own history as a commodity, stemming back to the Trans-Atlantic slave trade. Completed during Leonard’s residency at Pioneer Works in 2021, the video utilizes uncanny humor as a mechanism to expose the shared grammars inherent in Afro-pessimism and speculative finance.

Within the exhibition, the film repeats simultaneously across two grids of computer monitors situated on ergonomic desks that flank the gallery, mimicking the workstations that can be found ubiquitously across stock trading floors and financial institutions. Sculptures modeled after computer keyboards and mouses are displayed on the desks, each rendered inoperable by concentric riffs that symbolize the erratic transformations caused by the flows of capital. The appearance of Jackson represents a transmogrification of its own; whereas many have aligned the controversial pop icon’s bleached skin and surgical procedures with Black self-hatred, Leonard positions his bodily modifications as a radical rupture from racial paradigms of being.

In Leonard’s own words, “Workflow is defined as the sequence of industrial, administrative, or other processes through which a piece of work passes from initiation to completion. My film seeks to disabuse notions of completion, whether it be completion of the human, the nation state, or civil society. As Dean notes, Blackness is ‘always already accelerationist’ via its incongruence with Western humanism, a wrench thrown into the locomotive gears of ‘capital and subjecthood.’ Her essay prompts us to look toward the way that the Black has been historically constructed outside of the human, as coterminous with the slave. Slavery therefore represents a kind of proto-automation, a mass forced coercion of labor, and the Blacks’ transition from object to subject calls for a reappraisal of accelerationist ideas about the (non)human entity and its revolutionary potential.”

The artist continues, “There is something about going to work—the repetition of it—that gets inscribed at an epigenetic level, as an everyday, embodied violence. From there, I thought about the panoptic workplace (open air plan, transparent yet closely surveilled, management that does not have to be in the room to be monitoring you), the fetish of efficiency (ergonomic mouse and keyboards so you can work longer), biometric data of a labor force (fingerprint and facial scans to help reduce repeat processing tasks). All of these methods to maximize profits and production can be traced back to methods worked out and perfected in the cotton and sugar cane fields hundreds of years prior.”

The text from the video was included on one of the gallery walls (image above) but I’ve included it below as well as it is definitely worth reading.

“Looking out across the macro- Panoptic eyes are everywhere. Predictive models rendered bilious, You are scalable, You contain platitudes. Clean and renewable, black from the waste management down. These are micro-credentials too big to fail. Angel investors watch over you, guide you through your webinar. You are green with infrastructure. A Nick Land acknowledgment. A multiprocession of the tiniest micropixels in all of the Anglosphere. Plan your obsolescence. Chitin’ circuitry courses through you. Wayward modulation thrumming, throbbing like an old techno spiritual. A Self driving mythology Keloid optimized. Upload speeds faster than Drapetomania. A contactless, decentralized, hands free accumulation. The base salary determines the superstructure of your beast of burden of proof of concept. Perfection is the enemy of egress. Pay the heap of flesh no mind, live in the nanosecond. Fake it till you’re skeuomorphic. You’re more than the sum of your outsourced manufacturing components. Know your neural net worth. Walk with your overhead held high. There’s never been more exciting growth in the excrement sector! It is easier to imagine the end of the world than to unsubscribe from my Onlyfans. Rather, If you can’t handle me at my Linkedin you don’t deserve me at my locked in chastity. Will you risk it all to manage my assets? Are you willing to do my taxes from the back? Tax to mouth? From the overton window, to the overton wall, to the overton sweat drop down my overton balls. Going, going… Zong.”

[globallancers]

The Future of Finance: How Fintech Is Winning the Cybersecurity Race

In the cyber age, the financial world has been reshaped by fintech's relentless innovation. Mobile banking apps grant us access to our financial lives at our fingertips, and online investment platforms have revolutionised wealth management. Yet, beneath this veneer of convenience and accessibility lies an ominous spectre — the looming threat of cyberattacks on the financial sector. The number of cyberattacks is expected to increase by 50% in 2023. The global fintech market is expected to reach $324 billion by 2028, growing at a CAGR of 25.2% from 2023 to 2028. This growth of the fintech market makes it even more prone to cyber-attacks. To prevent this there are certain measures and innovations let's find out more about them

Cybersecurity Measures in Fintech

To mitigate the ever-present threat of cyberattacks, fintech companies employ a multifaceted approach to cybersecurity problems and solutions. Here are some key measures:

1. Encryption

Encrypting data at rest and in transit is fundamental to protecting sensitive information. Strong encryption algorithms ensure that even if a hacker gains access to data, it remains unreadable without the decryption keys.

2. Multi-Factor Authentication (MFA)

MFA adds an extra layer of security by requiring users to provide multiple forms of verification (e.g., passwords, fingerprints, or security tokens) before gaining access to their accounts.

3. Continuous Monitoring

Fintech companies employ advanced monitoring systems that constantly assess network traffic for suspicious activities. This allows for real-time threat detection and rapid response.

4. Penetration Testing

Regular penetration testing, performed by ethical hackers, helps identify vulnerabilities in systems and applications before malicious actors can exploit them.

5. Employee Training

Human error is a significant factor in cybersecurity breaches. Companies invest in cybersecurity training programs to educate employees about best practices and the risks associated with cyber threats.

6. Incident Response Plans

Having a well-defined incident response plan in place ensures that, in the event of a breach, the company can respond swiftly and effectively to mitigate the damage.

Emerging Technologies in Fintech Cybersecurity

As cyber threats continue to evolve, so do cybersecurity technologies in fintech. Here are some emerging technologies that are making a significant impact:

1. Artificial Intelligence (AI)

AI and machine learning algorithms are used to analyse vast amounts of data and identify patterns indicative of cyber threats. This allows for proactive threat detection and quicker response times.

2. Blockchain

Blockchain technology is employed to enhance the security and transparency of financial transactions. It ensures that transaction records are immutable and cannot be altered by malicious actors.

3. Biometrics

Fintech companies are increasingly adopting biometric authentication methods, such as facial recognition and fingerprint scanning, to provide a higher level of security than traditional passwords.

4. Quantum-Safe Encryption

With the advent of quantum computing, which poses a threat to current encryption methods, fintech companies are exploring quantum-safe encryption techniques to future-proof their security measures.

Conclusion

In the realm of fintech, where trust and security are paramount, the importance of cybersecurity cannot be overstated. Fintech companies must remain vigilant, employing a combination of advanced digital transformation solutions, employee training, and robust incident response plans to protect sensitive financial data from cyber threats. As the industry continues to evolve, staying one step ahead of cybercriminals will be an ongoing challenge, but one that fintech firms must embrace to ensure their continued success and the safety of their customers' financial well-being.

[mdlearning]

Working in the UK

Working in the United Kingdom (UK) as a foreign national involves understanding the country's immigration and employment regulations. Here are some key steps and considerations if you're interested in working in the UK:

1. **Determine Eligibility:** Before pursuing employment in the UK, determine if you are eligible to work there. Common pathways include:

  - Skilled Worker Visa (formerly Tier 2): For individuals with job offers from UK employers.

  - Intra-Company Transfer Visa: For employees of multinational companies being transferred to a UK branch.

  - Global Talent Visa: For individuals with exceptional talent or promise in fields such as science, arts, digital technology, or academia.

2. **Job Search and Networking:** Research companies and industries in the UK that align with your skills and qualifications. Networking can help you find job opportunities and establish contacts.

3. **Job Offer:** You generally need a job offer from a UK employer to apply for a work visa. The employer may need to be a licensed sponsor.

4. **Sponsorship:** If required, your prospective employer must become a licensed sponsor to hire foreign workers. They will provide you with a Certificate of Sponsorship (COS) for your visa application.

5. **Visa Application:** Once you have a job offer and a COS, you can apply for the relevant work visa through the UK government's official immigration website.

6. **Points-Based System:** The UK operates a points-based immigration system. You'll need to meet certain criteria related to job offer, skill level, English language proficiency, and maintenance funds.

7. **Biometric Appointment:** You may need to attend a biometric appointment to provide fingerprints and photographs as part of the application process.

8. **Healthcare Surcharge:** Some visa categories require payment of a healthcare surcharge to access the National Health Service (NHS) in the UK.

9. **Documentation:** Prepare all required documentation, including application forms, supporting documents, and fees.

10. **Interview:** Attend an interview at a UK visa application center or embassy/consulate in your home country if required.

11. **Arrival in the UK:** Once your visa is approved, you can travel to the UK and start working.

12. **Quality of Life:** Consider factors such as cost of living, cultural adjustments, and overall quality of life in the UK.

It's important to stay updated on UK immigration laws and procedures, as they can change over time. Consulting with an immigration advisor or seeking guidance from official UK government sources is highly recommended to ensure accurate and up-to-date information.

Keep in mind that working in the UK might also require you to have a valid work permit or visa, and you should familiarize yourself with tax, employment, and other relevant regulations to ensure a smooth transition and successful experience.

[estallbd]

ZKTeco F19 Fingerprint Reader Access Control - Trimatrik Multimedia

What is Zkteco?

ZKTeco is a Chinese company that specializes in the development and manufacturing of biometric access control systems. The company was founded in 1998 and is headquartered in Shenzhen, China. ZKTeco has over 2,000 employees and operates in over 100 countries around the world.

ZKTeco offers a wide range of biometric access control products, including fingerprint readers, facial recognition devices, and RFID readers. The company also offers a variety of software solutions for managing access control systems. ZKTeco's products are used by a wide range of customers, including businesses, government agencies, and educational institutions.

ZKTeco is a leading provider of biometric access control solutions. The company's products are known for their high quality, reliability, and affordability. ZKTeco is committed to providing innovative and cutting-edge biometric access control solutions to its customers.

Here are some of the products and solutions offered by ZKTeco:

Fingerprint readers, Facial recognition devices, RFID readers, Access control software, Time and attendance systems, Video surveillance systems, Turnstiles, Barricades, Door controllers, Locks, Keys

ZKTeco's products and solutions are used in a variety of industries, including:

Healthcare, Education, Government, Manufacturing, Retail, Logistics

Transportation, Hospitality, Financial Services, Technology

ZKTeco is a global leader in the biometric access control market. The company is committed to providing innovative and cutting-edge solutions to its customers.

ZKTeco a good brand?

Yes, ZKTeco is a good brand. It is a Chinese company that manufactures biometric devices, such as fingerprint readers, facial recognition systems, and access control systems. ZKTeco products are known for their high quality and competitive prices. They are also used by a wide range of customers, including businesses, schools, and government agencies.

ZKTeco has been in business for over 20 years and has a strong track record of innovation. The company is constantly developing new products and technologies to meet the needs of its customers. ZKTeco is also committed to providing excellent customer service. Its products come with a one-year warranty and the company offers 24/7 technical support.

If you are looking for a reliable and affordable biometric device, ZKTeco is a good option. The company has a wide range of products to choose from and its products are backed by a strong warranty and excellent customer service.

Here are some of the pros and cons of ZKTeco:

High-quality products

Competitive prices

Wide range of products to choose from

Excellent customer service

Consultation:

Some products may be more expensive than other brands

Some products may not be as user-friendly as other brands

Overall, ZKTeco is a good brand that offers a wide range of high-quality biometric devices at competitive prices. The company is committed to providing excellent customer service and its products come with a one-year warranty.

Which company Zkteco biometric is best?

ZKTeco is a Chinese company that specializes in biometrics. They offer a wide range of products, including fingerprint scanners, facial recognition systems, and access control devices.

ZKTeco is a well-respected company in the biometrics industry. They have a long history of innovation and have developed some of the most advanced biometric technologies on the market.

Some of the best ZKTeco biometric products include:

ZKBioSecurity Fingerprint Time Attendance Terminal: This device is a great option for businesses that need a reliable and affordable biometric time and attendance system.

ZKAccess 3.0 Biometric Access Control System: This system is a powerful and versatile access control solution that can be used to secure a wide range of facilities.

ZKFaceX Facial Recognition Terminal: This terminal is a great option for businesses that need a high-accuracy facial recognition system.

ZKTeco biometric products are available in a variety of price points, so you can find a solution that fits your budget. They also offer a variety of features, so you can choose a product that meets your specific needs.

If you are looking for a reliable and affordable biometric solution, ZKTeco is a great option. They offer a wide range of products with a variety of features, so you can find a solution that fits your needs.

What is the Zkteco best attendance device?

The ZKTeco best attendance device is the ZKBio Security Fingerprint Time Attendance Terminal. It is a reliable and affordable biometric time and attendance system that is easy to use and has a variety of features.

The ZKBioSecurity Fingerprint Time Attendance Terminal features a high-speed fingerprint scanner that can accurately identify employees in less than a second. It also has a built-in camera that can take pictures of employees when they clock in or out. This information can be used to create reports that track employee attendance and productivity.

The ZKBioSecurity Fingerprint Time Attendance Terminal is also easy to use. Employees can simply swipe their fingerprint or enter their PIN to clock in or out. The system also supports multiple users and shifts, so it can be used by businesses of all sizes.

The ZKBioSecurity Fingerprint Time Attendance Terminal is a great option for businesses that are looking for a reliable and affordable biometric time and attendance system. It is easy to use, has a variety of features, and is accurate and secure.

Here are some of the key features of the ZKBioSecurity Fingerprint Time Attendance Terminal:

High-speed fingerprint scanner

Built-in camera

Multiple users and shifts supported

Easy to use

Affordable

Accurate and secure

If you are looking for a reliable and affordable biometric time and attendance system, the ZKBioSecurity Fingerprint Time Attendance Terminal is a great option.

Trimatrik Multimedia offer by Fingerprint Time Attendance Terminal Zkteco

Trimatrik Multimedia offers a variety of fingerprint time attendance terminals from ZKTeco. These terminals are designed to help businesses track employee attendance and productivity. They are also used to control access to facilities and resources.

ZKTeco fingerprint time attendance terminals are available in a variety of models to meet the needs of businesses of all sizes. Some of the features that are available on these terminals include:

Fingerprint recognition

RFID card reader

Password entry

Built-in camera

Display screen

Ethernet port

USB port

Wiegand output

ZKTeco fingerprint time attendance terminals are easy to use and can be configured to meet the specific needs of businesses. They are also reliable and secure, making them a good choice for businesses that are looking for a way to improve their attendance and security.

Here are some of the benefits of using Zkteco fingerprint time attendance terminals:

Improved attendance tracking: Zkteco fingerprint time attendance terminals can help businesses to improve their attendance tracking by providing accurate and reliable data on employee attendance. This data can be used to identify areas where attendance is low and to take corrective action.

Increased productivity: Zkteco fingerprint time attendance terminals can help businesses to increase productivity by reducing the time that employees spend clocking in and out. This frees up employees to focus on their work and can lead to increased productivity.

Improved security: Zkteco fingerprint time attendance terminals can help businesses to improve security by controlling access to facilities and resources. This can help to prevent unauthorized access and can protect assets from theft.

If you are looking for a reliable and secure way to track employee attendance and improve security, then Zkteco fingerprint time attendance terminals are a good option.

Which biometrics is the most expensive?

The most expensive biometrics are those that are the most accurate and secure. These include:

Iris scanning: Iris scanning is the most accurate biometric technology available. It can identify individuals with a high degree of accuracy, even if they are wearing glasses or contact lenses. Iris scanning is also very secure, as it is difficult to spoof an iris.

Retina scanning: Retina scanning is also very accurate and secure. It works by scanning the blood vessels in the retina, which are unique to each individual. Retina scanning is more expensive than iris scanning, but it is also more secure.

Facial recognition: Facial recognition is becoming more accurate and secure, but it is still not as accurate or secure as iris scanning or retina scanning. Facial recognition is also more susceptible to spoofing, as it can be fooled by masks or makeup.

Voice recognition: Voice recognition is the least accurate and secure biometric technology. It can be fooled by impersonators, and it is not as reliable as other biometric technologies.

The cost of biometrics varies depending on the technology, the accuracy, and the security. Iris scanning and retina scanning are the most expensive biometric technologies, while facial recognition and voice recognition are the least expensive.

The cost of biometrics is also affected by the size of the system. Larger systems with more features are more expensive than smaller systems with fewer features.

If you are looking for the most accurate and secure biometric technology, then iris scanning or retina scanning are the best options. However, these technologies are also the most expensive. If you are looking for a less expensive option, then facial recognition or voice recognition may be a better choice.

What is the most commonly used biometrics?

The most commonly used biometrics are fingerprint recognition and facial recognition. These two biometrics are used in a variety of applications, including:

Access control: Fingerprint recognition and facial recognition are used to control access to facilities and resources. For example, they can be used to unlock doors, start cars, and access computers.

Time and attendance: Fingerprint recognition and facial recognition are used to track employee attendance and productivity. For example, they can be used to clock in and out of work, and to track breaks and overtime.

Payment: Fingerprint recognition and facial recognition are used to make payments. For example, they can be used to pay for goods and services with a mobile phone or a wearable device.

Security: Fingerprint recognition and facial recognition are used to improve security. For example, they can be used to identify criminals and to prevent fraud.

Fingerprint recognition and facial recognition are the most commonly used biometrics because they are accurate, reliable, and secure. They are also relatively inexpensive to implement.

How do I choose a biometric system?

Here are some things to consider when choosing a biometric system:

Purpose: What do you need the biometric system for? Are you looking for a system to control access to a facility, track employee attendance, or make payments?

Accuracy: How accurate does the system need to be? If you are using the system to control access to a secure facility, you will need a system with a high degree of accuracy. If you are using the system to track employee attendance, you may not need as high a degree of accuracy.

Security: How secure does the system need to be? If you are using the system to control access to a sensitive facility, you will need a system that is very secure. If you are using the system to track employee attendance, you may not need as high a level of security.

Cost: How much are you willing to spend on a biometric system? Biometric systems can range in price from a few hundred dollars to several thousand dollars.

Ease of use: How easy is the system to use? If you are using the system with employees, you will need a system that is easy to use. If you are using the system with customers, you will also need a system that is easy to use.

Features: What features are important to you? Some biometric systems have features such as the ability to store multiple fingerprints or the ability to integrate with other systems.

Once you have considered these factors, you can start to narrow down your choices and choose the best biometric system for your needs.

Here are some additional tips for choosing a biometric system:

Read reviews: Read online reviews of different biometric systems to get feedback from other users.

Talk to other businesses: Talk to other businesses that use biometric systems to get their recommendations.

Get a demo: Ask the manufacturer or distributor of a biometric system to give you a demo so that you can see how it works.

By following these tips, you can choose the best biometric system for your needs and ensure that your system meets your requirements.

[payomatix]

The Future of Digital Payments: Trends and Innovations

Introduction

In an increasingly digital world, the way we handle financial transactions has undergone a significant transformation. Digital payments have become a cornerstone of our everyday lives, offering convenience, speed, and security. As we look to the future, it is essential to examine the emerging trends and innovations that will shape the landscape of digital payments. From mobile wallets to cryptocurrencies, from IoT payments to biometric authentication, this blog explores the exciting possibilities that lie ahead.

1- Mobile Wallets and Contactless Payments

Mobile wallets have already gained substantial popularity, enabling users to make payments using their smartphones. As we move forward, the future of mobile wallets looks even more promising. We can expect to see enhanced features such as integration with loyalty programs, personalized offers, and seamless cross-border transactions. The convenience of contactless payments will continue to drive their adoption, with technologies like Near Field Communication (NFC) and biometric authentication ensuring secure and hassle-free transactions.

2- Cryptocurrencies and Blockchain Technology

The rise of cryptocurrencies, led by Bitcoin, has sparked a revolution in financial systems worldwide. As we look ahead, the acceptance and integration of cryptocurrencies into mainstream payment systems will likely continue to grow. Blockchain technology, the underlying technology behind cryptocurrencies, offers unparalleled security, transparency, and efficiency. Smart contracts, enabled by blockchain, will revolutionize business transactions, automating agreements and ensuring trust and immutability.

3- Internet of Things (IoT) Payments

The Internet of Things (IoT) is expanding rapidly, connecting various devices and enabling seamless communication. In the future, IoT devices will play a significant role in digital payments. For instance, smart refrigerators could automatically reorder groceries when supplies run low and connected cars could pay for tolls and parking fees without human intervention. The integration of IoT with payment systems will provide a frictionless experience, streamlining everyday transactions.

4- Biometric Authentication and Facial Recognition

Traditional methods of authentication, such as passwords and PINs, are prone to security breaches. Biometric authentication, including fingerprint and facial recognition, presents a more secure and convenient alternative. As technology advances, we can expect widespread adoption of biometric authentication in digital payments. This will enhance security, reducing the risks of identity theft and fraud while providing a seamless user experience.

5- Artificial Intelligence and Machine Learning

Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing various industries, and digital payments are no exception. AI-powered systems can analyze vast amounts of data, detect patterns, and identify fraudulent activities in real time. These technologies will strengthen security measures, reduce false positives, and enhance fraud detection and prevention capabilities. AI chatbots and virtual assistants will improve customer support, providing personalized recommendations and assistance in making payment decisions.

6- Cross-Border Payments and Digital Currencies

Cross-border transactions often face challenges such as high fees, long settlement times, and regulatory complexities. Digital currencies and blockchain technology have the potential to revolutionize cross-border payments. By eliminating intermediaries, reducing costs, and increasing transaction speed, cryptocurrencies or stablecoins backed by fiat currencies can facilitate instant and secure cross-border transfers. This will foster global economic integration and financial inclusion.

Conclusion

The future of digital payments holds immense potential for innovation and transformation. Mobile wallets, cryptocurrencies, IoT payments, biometric authentication, AI-powered systems, and cross-border innovations are just some of the trends that will shape the digital payment landscape. As we embrace these advancements, it is crucial to prioritize security, user privacy, and regulatory frameworks to ensure a seamless and secure digital payment experience for all. The digital payment ecosystem is evolving rapidly, and staying informed and adaptable will be key to capitalizing on the opportunities that lie ahead. With technology as an enabler, the future of digital payments is poised to enhance.

[mariacallous]

Air travel typically falls on a spectrum ranging from tedium to chaos, but entering the United States in recent months has often served up a uniquely painful combination of the two. Complaints abound on social media of packed arrival halls and hourslong immigration lines at major airports including O’Hare in Chicago, JFK in New York, and Dulles outside Washington, D.C.—the latter airport being so poorly situated and designed that it serves as apt homage to the damage the Dulles brothers wreaked on decades of U.S. foreign policy.

Part of the problem is an aggressive rebound in global travel after two years of COVID-induced nosedives. International air traffic more than doubled in 2022 compared with 2021, approaching pre-pandemic levels, according to the International Air Transport Association (IATA). And more people are lining up to board. The bigger problem is when they get off, in the United States at least. The long wait times, according to officials and airport industry executives, come down to a combination of surging demand, limited resources, and rapidly shifting technological needs and capabilities.

“We are still experiencing long wait times, and actually it’s ticking up again at the moment, and it is related to the number of officers available for clearing passengers,” said Matthew Cornelius, the executive vice president of the Airports Council International-North America, which represents more than 300 airports across the United States and Canada. “That sort of is a root-cause issue for a lot of the problems that we see around our members’ facilities.”

According to data from U.S. Customs and Border Protection (CBP), the agency as of last year had around 1,800 fewer agents than it needed to process people entering the United States. And the problem will likely get worse before it gets better, even though CBP has lots of fancy new gear that is meant precisely to streamline the whole process. The agency acknowledges it’s an issue.

“COVID was still impacting numbers when we had that 1,800 that we assessed last year,” said Jody Hardin, CBP’s executive director for planning, program analysis, and evaluation. Updated numbers due to be released later this year will show a “slight increase in the amount of officers needed,” she added, though airport staffing is a less urgent need compared with the United States’ southwestern border.

CBP has deployed a patchwork of different technologies over the past decade to ease the load, starting with “automated passport control” kiosks that it debuted in 2013 that allowed incoming travelers to scan their passport, take their picture, and, when necessary, provide fingerprints and additional information.

Those kiosks have now largely been phased out, only used for trusted traveler programs such as Global Entry that pre-verify members at a price tag of $100 so they can skip the immigration lines. Global Entry is currently available to citizens of the United States and 13 partner countries, with some 8 million users. A smartphone-enabled version, known as mobile passport control, which CBP brought in-house last year after previously subcontracting it to private companies, is only available to U.S. and Canadian citizens entering through one of 33 U.S. airports. 

As of now, however, CBP is increasingly leaning on a biometric facial comparison system known as Simplified Arrival. The system uses cameras placed next to immigration officers to take a picture when a traveler walks up and matches it to an existing passport or visa photo on file. According to Matthew Davies, the executive director of the CBP’s admissibility and passenger programs, the system has thus far processed around 285 million travelers since it debuted in 2018 and prevented more than 1,700 people from illegally entering the United States. The agency has also deployed a biometric exit program that scans the faces of passengers exiting the country at three dozen airports. It has been a long time coming: A biometric entry-and-exit program was a recommendation in the 9/11 Commission Report. 

“From the standpoint of a counterterrorism practitioner, one of the things we always tried to do is to spend less time worrying about the people who were a low risk so that we could devote more time and attention to the people who are a higher risk,” said Thomas S. Warrick, who worked on counterterrorism in various roles for the Department of Homeland Security during the George W. Bush, Obama, and Trump administrations. 

Proponents of the system say using facial recognition technology to compare a passport image to an image taken on arrival—supplemented by a second look by a CBP officer in the case of an inconclusive match—optimizes privacy, national security, and time. 

“Essentially, what their job is trying to do is find the needle in the haystack, and if you can get rid of hay that you know is not a problem, that’s a good strategy,” Cornelius said. 

But critics of facial recognition technology cite its troubling implications for privacy and potential discrimination, with a history of law enforcement agencies misidentifying nonwhite faces. A group of lawmakers reintroduced a bill in March that calls for a moratorium on the use of facial recognition by U.S. government agencies. Far more sinister examples abound worldwide, with China in particular using the technology to surveil and police its citizens.

“Using facial recognition in airports normalizes this idea of mass surveillance,” said Caitlin Chin, a fellow at the Center for Strategic and International Studies, adding that “this is part of a larger trend of government agencies or private companies deploying facial recognition in more and more facets of our lives.”

Beyond the societal implications, experts are concerned about how much oversight there is of how biometric data is collected and stored. The same algorithms that send you endless pitches for a new speaker are the ones responsible for your security. 

“We need to pause and rethink and reimagine border control and protection. In the datafication of our world, in this data-driven environment, we need to truly understand how mass surveillance technologies can undermine the practice of citizenship,” said Renée Cummings, an artificial intelligence and data ethicist at the University of Virginia’s School of Data Science.

Davies, the CBP admissibility and passenger director, says the agency deletes photos of U.S. citizens within 12 hours, while photos of noncitizens are retained for 14 days for facial comparison purposes before being stored along with entry and exit records for decades in a system run by the Department of Homeland Security. Travelers also have the ability to opt out of being photographed at the counter and can have their passport examined the old-fashioned way, but Davies stressed that the cameras are simply meant to augment the process every traveler would go through regardless. 

“We’re not trying to subject people to monitoring or extensive surveillance,” he said. “This is literally just at the point where you normally would produce your passport, you’re producing it again, making sure you are who you say you are.”

Depending on where you’re going when you leave the United States, you may encounter facial recognition on the other end, too. Airports in countries such as Germany, the United Kingdom, India, and Japan have deployed facial recognition technology at different steps of the airport process, from passport control to automated boarding. 

In a way, the pandemic created this monster. “The COVID pandemic really kicked it up a notch because people were trying to focus on touchless, and with a lot fewer people going through an airport, they could make the necessary upgrades without causing really long lines,” said Stephanie Gupta, the senior vice president for security and facilitation at the American Association of Airport Executives. The pandemic may have also made people more willing to make the trade-offs on privacy and security that facial recognition systems depend on for mass adoption and success. According to IATA’s 2022 Global Passenger Survey, three out of four passengers would be “eager to use biometrics” in lieu of passports or boarding passes.

“If you have an iPhone, a newer model, you’re using your face to unlock your phone,” Cornelius said. “People are becoming more comfortable with the process.”

But even if travelers are willing to have their picture taken to save a few minutes, the facial recognition technology used by CBP still requires some degree of human involvement. And there aren’t, in CBP at least, enough humans.

What determines whether two images are of the same person—terrorist or not—is “the Mark 1 human eyeball,” said Warrick, who’s now at the Atlantic Council. “That’s why it’s important to have a human backup and why you have to be cautious about letting computers go too far.” 

[strangemusictriumph]

Fingerprint Sensor Market - Forecast (2022 - 2027)

The rising need of multi-factor authentication method across consumer electronics, banking and financial sectors is set to grow the fingerprint sensor that was already valued to be $4.68 billion in 2018 and is expected to grow at a CAGR of 14% during forecast period 2019-2025. Factors such as the proliferation of fingerprint sensors in smartphones and other consumer electronics, government support for the adoption of fingerprint sensors in BFSI industry, and the use of biometrics in mobile commerce are driving the growth of the market. The adoption of fingerprint protection by smartphones to secure stored data and the essential bank options such as OTP and mobile banking applications are expected to fuel the fingerprint sensor market. According to the statics provided by TrendForce, growth in the share of smartphone shipments incorporated with fingerprint sensor increased from 29% in 2015 to 60% in 2018, which is likely to augment the fingerprint sensor market further during the forecast period. 

On the other hand, increasing support from the government for the adoption of fingerprint sensors, along with use of biometrics in BFSI, and law enforcement sectors has been driving the fingerprint sensor market. The fingerprint devices in BFSI will help in authenticated transaction with fingerprint to prevent fraud that will lead the growth of fingerprint sensor market. 

In fingerprint sensors market below developments would make dynamical changes, which in turn, will augment the market in terms of revenue: 

A Swedish fingerprint sensor company, Fingerprint Cards AB, shipped one billion fingerprint sensors worldwide in Q1 2019. Going forward, the company is estimated to reach 2 billion of sensors shipment globally by the end of 2019, which will show significant growth in overall fingerprint sensor market. 

The development in mobile fingerprint devices by Metropolitan Police Service can scan suspect fingerprints and returns any match to police databases within 60 seconds that is one of the emerging innovation for law enforcement. 

These developments and innovations are expected to grow the of fingerprint sensor market globally. 

Fingerprint Sensor Market Report Coverage

The report: “Fingerprint Sensor – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Fingerprint Sensor Market.

By Type: Area, Touch, Swipe, Fingerprint Sensor Modules

By Technology: Capacitive Sensor, Optical Sensor, Thermal Sensor, Pressure Sensor, RF Sensor, Ultrasonic Sensor, Others

By Application: Desktop, Laptop, Smartphones, Wearable Devices, Tablets, Gaming Consoles, Notebooks, Security & Alarm Solutions, Government & Law Enforcement, Others.

By Industry: Defense, Retail, Education, Healthcare, BFSI, Government, Commercial, Manufacturing/Industrial, Telecommunication, Travel & Immigration, Others

By Geography: North America, South America, Europe, Asia-Pacific, RoW 

Request Sample

Key Takeaways

The major driving factor in the fingerprint sensor market is the increasing demand of smartphones with high-end technologies and fingerprint specifications, which are likely to grow the fingerprint sensor market during the forecast period.

The BFSI sector in the fingerprint sensor market is expected to grow at a CAGR of 19% during the forecast period. The increased need for multi-factor authentication systems in banking is being more prominent and increasing the demand for fingerprint sensors within this application.

APAC holds the largest market for the fingerprint sensors market accounting to around 34% of the global market share owing to the increased demand for consumer electronics such as smartphones, and wearable devices and so on, which are installed with fingerprint sensors.  Moreover, the BFSI sector will be showing significant growth in the adoption of fingerprint to prevent the fraud cases.

Fingerprint Sensor Market Segment Analysis - By Technology

The capacitive and optical sensor technology are the most common type of fingerprint scanner, being used nowadays. The market is expanding significantly owing to increasing demand for secure consumer electronics and an overall need for rigid security. 

Apart from that, the optical fingerprint scanner is now being used in most cost-effective hardware these days. These sensor are gaining prominence due to increasing popularity of in-display fingerprint sensors. Essential technology such as optical sensors has the viability to work efficiently with smartphones and provide multi-factor authentication systems in mobile banking ecosystem, which is likely to grow the fingerprint sensor market positively. 

In 2019, a biometrics company Fingerprint Cards AB, introduced its FPC1610 sensor prototype using optical in-display fingerprint sensor for smartphones. These developments will show significant growth for in-display optical fingerprint sensors in the market.

Inquiry Before Buying

Fingerprint Sensor Market Segment Analysis - By Industry

The BFSI industry in fingerprint sensor market is expected to grow with the fastest CAGR of 19% during the forecast period. The banks are extensively working on payments cards with in-built fingerprint sensors, in order to end the need of PINs to make payments much secure. This will allow the most secure authentication mechanism for account holders.  

Moreover, the government support for the adoption of fingerprint sensors owing to keep the security for unique identification and verification of individuals in e-Governance applications are expected to propel the growth of the fingerprint sensor market.

On the other hand, consumer electronics is one of the major market for fingerprint sensors. Various biometric incorporated devices such as smartphones, tablets, gaming consoles, and notebooks are expected to fuel the fingerprint sensor market.  The growing trend of bezel-less screens feature, using OLED display, in smartphones has led the manufacturers to develop high-end in-display fingerprint sensors technology that occupy less space. This in-display fingerprint sensors will be incorporated in OLED displays using optical or ultra-sonic sensor technology.   Hence, the adoption of in-display fingerprint sensors is expected to fuel the demand for ultrasonic and optical in-display fingerprint sensors, which is rising at the rate of 14% in 2019. 

Fingerprint Sensor Market Segment Analysis - By Geography

The Asia Pacific region is the largest revenue contributor for the fingerprint sensors market, with a share of 34% in 2018. The rising adoption in mobile banking applications, collaborative innovations, updating smart devices, and, of course, security concerns in this region has resulted in increased demand for fingerprint sensors in this region. 

Moreover, the demand for fingerprint technology in China has grown tremendously, especially in the consumer electronics, commercial, healthcare, government and banking sectors owing to protect the data from threats. Based on the statics of Statista, the consumer electronics user penetration in China is expected to hit from 23.4% in 2019 to 35.3% in 2023. Following this current market trend, numerous consumers are willing to transact using smart devices that integrate biometric identification systems for providing more security during transactions. 

Recently in March 2019, NEXT Biometrics, a Norwegian fingerprint sensors company, signed an agreement with an Asian smart card manufacturer in order to launch contact-based and dual interface biometric smart cards in the Asia Pacific region. This will lead to increased demand for fingerprint sensors technology in coming years. 

Similarly, in India, the increasing use of smartphones and other consumer appliances are witnessing a huge growth in terms of revenue. The smartphone penetration rate in India is expected to reach from 2018 in 26% to 36.2% in 2022. Thus, the growth in smartphones will significantly grow the fingerprint sensor market in this region. On the other hand, the government initiatives such as UIDAI for unique identification for individual citizen that is registered with fingerprint is expected to propel the growth of fingerprint market. Similar initiatives are being taken by other governments around the world, eventually leading to increasing demand of fingerprint sensors in the near future.

Schedule a Call

Fingerprint Sensor Market Drivers 

Major adoption of Biometrics in Law Enforcement and Government Applications:

Within law enforcement, biometrics authentication is playing a key role in providing criminal ID solutions such as Automated Fingerprint Identification Systems (AFIS). This solution enables law enforcement agencies to identify and store data of the criminals. Moreover, unique identification initiatives taken by government, eventually driving the need of fingerprint sensors across all the application in a country.

Emergence of fingerprint sensors enabled smartphones: 

Smartphones have increased penetration of in-display fingerprint sensing technology. Most smartphone manufacturers such as Samsung, Vivo, Huawei and Xiaomi are launching models that are integrated with fingerprint sensors. According to the Global Systems for Mobile Communications (GSMA), there were a total number of 5 billion mobile users at the end of 2017, and the production of mobile phones will grow at a CAGR of 2.1% during the forecast period of 2017 to 2025, and is expected to reach 5.9 billion in 2025. Thus, increasing demand for smartphones with advanced sensing technologies will create enhanced opportunities for the fingerprint sensors market.

Fingerprint Sensor Market Challenges

Integration of biometrics in to the devices is increasing the competition for fingerprint devices

The ability of biometrics is to access the biological parameters such as iris/retina, voice, pulse, DNA, and vein, provide the advance level of security. Since every individual possesses unique physiological features, which can’t be easily swapped, shared, or stolen. In biometrics, the recognition accuracy, integration and resetting ability is not working effectively, which are causing fall in the biometrics usage. Hence, the development in fingerprint sensor to make the module compact, thin, and easy to integrate with better recognition accuracy can reduce the use of other biometrics. 

Buy Now

Market Landscape

Partnerships and acquisitions along with product development and up-gradation are the key strategies of the top players in the Fingerprint Sensors Market. The major players in the Fingerprint Sensor include Apple, Goodix, Egis Technology, Fingerprint Cards, Synaptics, IDEMIA, NEXT Biometrics, Anviz Global, IDEX ASA and Gemalto among others.

Partnerships/Mergers/Acquisitions

In March 2019, Gemalto acquired Green Bit to offer biometric scanners as part of complete automated fingerprint identification system (AFIS). This deal have been done by noticing an increase use of biometric scanners by governments for identity management purposes.

In May 2019, NEXT Biometrics and Newland entered into a supply agreement with Fujian Newland Payment Technology Co., Ltd. to provide an integration of different types of NEXT Biometrics' high-quality, large-area fingerprint sensors on a global scale.

In September 2018, HID Global, a leader in trusted identity solutions, announced that it acquired Crossmatch, a leader in biometric identity management and secure authentication solutions. Under this acquisition, Crossmatch’s biometric identity management hardware and software will complement HID’s broad portfolio to make major providers of fingerprint biometric technologies.

R&D Investments/Funding

In April 2019, Wales-based fingerprint biometrics startup Touch Biometrix has received $2.2m in VC Funding. The firm claims it will help boost the further growth of its fingerprint sensor technology. The solution price will be less than $1 per sensor and the manufacturing will continue to being by 2020.

In June 2018, Valencell captured $10.5M in Series E financing led by Sonion. The startup intends to use the financing to grow its technology and team of biometric sensors. 

Fingerprint Sensor Market Research Scope: 

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Fingerprint Sensor Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the type, technology, application, industry and geography analysis of Fingerprint Sensors Market.

For more Electronics related reports, please click here

[shubhampawrainfinium]

Next-Generation Biometrics: Emerging Technologies and Applications

The global biometrics technology market is on a robust growth path, driven by advancements in security and identification solutions. According to the report, the market is projected to grow at a compound annual growth rate (CAGR) of 15% over the forecast period of 2022-2028. With a market value of approximately USD 40 billion in 2022, it is expected to reach nearly USD 95 billion by 2028.

What is Biometrics Technology?

Biometrics technology involves the measurement and analysis of unique physiological and behavioral characteristics for identification and authentication purposes. Common biometric identifiers include fingerprint recognition, facial recognition, iris scanning, and voice recognition. This technology enhances security and convenience in various applications, from personal devices to high-security access control systems.

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/878

Market Dynamics and Growth Drivers

Several factors are contributing to the rapid growth of the global biometrics technology market:

Increasing Security Concerns: Rising concerns over security breaches and unauthorized access are driving the adoption of biometrics technology. Biometrics provides a more secure and reliable method of identification compared to traditional passwords and PINs.

Advancements in Technology: Continuous innovations in biometrics technology, such as improvements in accuracy, speed, and user experience, are fueling market growth. Enhanced algorithms and machine learning techniques are making biometric systems more effective and user-friendly.

Growing Demand in Various Sectors: The use of biometrics technology is expanding across multiple sectors, including healthcare, finance, government, and consumer electronics. Applications range from secure online transactions and identity verification to access control in sensitive areas.

Government Initiatives and Regulations: Governments worldwide are implementing regulations and standards to promote the adoption of biometrics technology for security and identification purposes. These initiatives are driving market growth and encouraging the development of innovative solutions.

Consumer Electronics Integration: The integration of biometrics technology into consumer electronics, such as smartphones, tablets, and wearables, is boosting market growth. Features like fingerprint sensors and facial recognition are becoming standard in modern devices.

Regional Analysis

North America: The North American market is a major contributor to the global biometrics technology market, driven by high technology adoption rates and strong demand for advanced security solutions. The U.S. and Canada are key markets, with significant investments in biometrics technology across various sectors.

Europe: Europe is experiencing substantial growth in the biometrics technology market due to increasing security concerns and regulatory support. Countries such as the U.K., Germany, and France are leading the adoption of biometric solutions in both public and private sectors.

Asia-Pacific: The Asia-Pacific region is witnessing rapid growth in the biometrics technology market, driven by technological advancements and rising demand for security solutions. Major markets in the region include China, India, and Japan, where the adoption of biometrics technology is expanding across multiple industries.

Latin America and Middle East & Africa: These regions are also experiencing growth in the biometrics technology market, supported by increasing investments in security infrastructure and technological advancements. Market expansion is driven by rising security needs and government initiatives.

Competitive Landscape

The biometrics technology market is highly competitive, with several key players and emerging companies offering a range of solutions. Notable players in the market include:

HID Global Corporation: A leading provider of biometric solutions for access control and identity management, offering a range of fingerprint and facial recognition systems.

NEC Corporation: Known for its advanced biometric technology solutions, including facial recognition and fingerprint identification systems.

Thales Group: Provides a wide array of biometric solutions for various applications, including secure authentication and identity verification.

Safran Identity & Security: Offers biometric technology solutions, including fingerprint recognition and iris scanning systems, for diverse sectors.

Fujitsu Limited: A key player in the biometrics technology market, providing solutions such as fingerprint and facial recognition systems for security and access control.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-biometrics-technology-market

Challenges and Opportunities

The biometrics technology market faces challenges such as privacy concerns and the need for robust data protection measures. Additionally, the high cost of advanced biometric systems and the potential for false positives or negatives in certain applications pose challenges to market growth.

However, there are significant opportunities for growth. Increasing adoption of biometrics technology in emerging markets, advancements in technology, and the expansion of applications across various sectors present avenues for market expansion. Companies that focus on innovation, cost reduction, and addressing privacy concerns are well-positioned to capitalize on the growing demand for biometric solutions.

Conclusion

The global biometrics technology market is poised for substantial growth, driven by advancements in technology, increasing security concerns, and expanding applications across multiple sectors. With revenue expected to reach nearly USD 95 billion by 2028, the market presents significant opportunities for investment and innovation. As the demand for secure and convenient identification solutions continues to rise, biometrics technology will play a crucial role in shaping the future of security and access control.

[tabbasum62]

Understanding Turnstile Barrier Gate Prices and Benefits in Bangladesh

Turnstile barrier gates are increasingly becoming popular in Bangladesh as an effective solution for managing access control in public and private spaces. These gates provide a streamlined method for controlling the flow of people in places like offices, airports, stadiums, metro stations, and factories. As the demand for enhanced security and efficient crowd management continues to grow, the need for advanced access control systems like turnstile barriers is on the rise.

This guide aims to provide an in-depth understanding of turnstile barrier gates in Bangladesh, including their types, features, pricing, and benefits. Whether you're a facility manager looking to improve security or a business owner seeking better crowd control, this article will help you make an informed decision.

What is a Turnstile Barrier Gate?

A turnstile barrier gate is a type of access control gate that allows one person to pass through at a time. It ensures that only authorized individuals can enter a restricted area. These gates can be mechanical, semi-automatic, or fully automatic, depending on the type of access control system they are integrated with. Turnstile barriers are often equipped with card readers, biometric scanners, or ticket systems to manage access.

Types of Turnstile Barrier Gates

Tripod Turnstile GateThe tripod turnstile is one of the most common types of barrier gates. It features three rotating arms that allow one person to pass at a time. These gates are durable, space-efficient, and commonly used in stadiums, factories, and offices. Tripod turnstiles can be integrated with various access control systems, such as RFID card readers or fingerprint scanners.

Full-Height Turnstile GateFull-height turnstile gates offer maximum security by creating a physical barrier that extends from floor to ceiling. These gates are often used in high-security areas such as prisons, government buildings, and industrial sites. They are highly effective in preventing unauthorized access, as they are impossible to jump over or bypass.

Optical Turnstile GateOptical turnstiles use sensors and barriers made of glass or other materials to allow access. They are aesthetically pleasing and provide fast, efficient entry for large volumes of people. These gates are commonly used in corporate offices, airports, and metro stations, where both security and aesthetics are important.

Speed Gate TurnstileSpeed gates are designed for areas that require fast access control. They use sliding or swinging barriers to quickly open and close after verifying an individual’s credentials. These gates are popular in high-traffic areas like airports, corporate headquarters, and public transportation hubs.

Swing Gate TurnstileSwing gate turnstiles feature a swinging arm or barrier that opens when access is granted. These gates are often used in conjunction with other types of turnstiles to allow access for people with disabilities or those carrying large items. They are also widely used in office buildings and residential complexes.

Factors Affecting the Price of Turnstile Barrier Gates in Bangladesh

Type and DesignThe price of a turnstile barrier gate varies significantly based on its type and design. Basic tripod turnstiles are more affordable, whereas full-height and optical turnstiles tend to be more expensive due to their advanced features and enhanced security capabilities. Speed gates and optical turnstiles, which are often integrated with sophisticated sensors and biometric systems, usually come with a higher price tag.

Material QualityTurnstile barriers are constructed from materials such as stainless steel, glass, or aluminum. The durability, corrosion resistance, and aesthetic appeal of the materials used can impact the cost. Stainless steel, for instance, is commonly used for outdoor turnstiles due to its weather-resistant properties, but it may increase the overall price.

Technology IntegrationThe integration of advanced technologies, such as biometric authentication, RFID card readers, or facial recognition systems, significantly influences the price of turnstile gates. While basic turnstiles equipped with card readers are relatively affordable, systems that incorporate cutting-edge biometric features or sophisticated access control software can be considerably more expensive.

Installation and MaintenanceThe installation process and ongoing maintenance requirements can also affect the overall cost. Complex systems like full-height or speed gates require professional installation, which can add to the expense. Additionally, regular maintenance, such as software updates or mechanical part replacements, should be considered in the long-term cost.

Brand and WarrantyAs with any product, the brand and warranty play a significant role in pricing. Well-established international brands with a proven track record tend to charge higher prices, but they offer better reliability, customer support, and warranty options. Local brands or lesser-known manufacturers may offer more affordable options, though they may lack extensive after-sales services or long-term warranties.

Price Range of Turnstile Barrier Gates in Bangladesh

As of 2023, the price of turnstile barrier gates in Bangladesh varies depending on the type, features, and brand. Below is an approximate price range based on the most common types of turnstiles available:

Tripod Turnstile Gate: BDT 50,000 to BDT 100,000

Full-Height Turnstile Gate: BDT 150,000 to BDT 300,000

Optical Turnstile Gate: BDT 200,000 to BDT 400,000

Speed Gate Turnstile: BDT 300,000 to BDT 600,000

Swing Gate Turnstile: BDT 80,000 to BDT 150,000

These prices are subject to change based on customization options, additional features, and installation services.

Benefits of Installing Turnstile Barrier Gates

Enhanced SecurityTurnstile barriers provide a physical deterrent to unauthorized access, ensuring only verified individuals can enter restricted areas. They can be integrated with modern access control systems like biometric scanners and facial recognition, further enhancing security.

Improved Crowd ManagementIn high-traffic areas like metro stations, stadiums, and corporate offices, turnstile gates help manage the flow of people, reducing congestion and ensuring smooth entry and exit.

Increased AccountabilityWith integrated access control systems, turnstiles can log entry and exit data, providing a record of who enters and leaves the premises. This feature is particularly useful in office environments and high-security areas.

Aesthetic AppealModern turnstile designs, particularly optical and speed gates, enhance the aesthetic of commercial and corporate environments, blending seamlessly into sophisticated architectural settings.

Conclusion

Turnstile barrier gates offer an efficient, secure, and reliable solution for controlling access in various settings across Bangladesh. With a wide range of types and price points available, there’s a turnstile gate to suit every need, from basic tripod turnstiles for cost-effective solutions to advanced optical gates for high-end security and aesthetics. Understanding the factors that influence the price and the benefits of these systems will help you make the best choice for your facility.

[neobanking]

Top Features of White Label Mobile Banking Solutions You Need in 2024

In the fast-evolving fintech landscape, white label mobile banking solutions have emerged as a game-changer for banks, financial institutions, and fintech startups. By offering pre-built, customizable platforms, these solutions enable businesses to launch mobile banking services without the need to develop technology from scratch. As we step into 2024, the competitive demands of the financial services industry continue to evolve, requiring white label banking platforms to deliver more advanced and innovative features.

Why White Label Mobile Banking Solutions?

White label mobile banking solutions provide a ready-made platform that fintech companies and traditional banks can rebrand and tailor to their specific business needs. They are particularly appealing because they drastically reduce the time and resources required to develop banking technology. Instead of building a mobile banking platform from the ground up, businesses can leverage a white label solution and focus on their core services and customer experience.

In addition, white label solutions allow for flexibility and customization, meaning that companies can personalize the app with their branding, add features, and offer tailored financial products to their customers. But what are the must-have features of a white label mobile banking solution to remain competitive in 2024?

Key Features of White Label Mobile Banking Solutions in 2024

1. Personalized User Experience

The modern consumer expects personalized interactions with their financial services. White label mobile banking solutions should provide robust tools for customization, allowing banks and fintechs to deliver a tailored experience based on user preferences, behavior, and financial history. This includes personalized notifications, product recommendations, and financial advice, which can significantly enhance customer engagement and retention.

2. Seamless Onboarding and KYC Compliance

Simplifying the account creation process is crucial for reducing friction and improving user adoption. In 2024, the top white label solutions will need to offer seamless, fully digital onboarding experiences. This includes integration with Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance processes, ensuring that customers can easily verify their identities with minimal effort. Features like AI-driven document verification and biometric authentication will play a key role in making this process smooth and secure.

3. Multi-Currency and Cross-Border Capabilities

As more customers demand access to global financial services, offering multi-currency accounts and cross-border payment capabilities will be essential for white label mobile banking platforms. Solutions that enable users to hold, transfer, and spend money in different currencies will have a competitive edge, especially for fintechs that operate in multiple countries or target international markets.

4. AI-Powered Insights and Analytics

Artificial intelligence is reshaping the financial services industry, and mobile banking is no exception. AI-driven insights can help users manage their finances more effectively by offering personalized financial advice, predicting future spending trends, and alerting customers to upcoming bills. By integrating machine learning algorithms, white label platforms can deliver more intelligent, data-driven experiences, improving financial literacy and customer satisfaction.

5. Advanced Security Features

In 2024, security remains a top concern for mobile banking users. White label mobile banking platforms must incorporate advanced security features such as multi-factor authentication (MFA), biometric security (e.g., facial recognition, fingerprint scanning), and real-time fraud detection. These features ensure that user data is safeguarded from potential cyber threats while providing peace of mind to customers.

6. Open Banking Integration

With the rise of open banking, consumers expect their financial data to be easily accessible across multiple platforms. White label mobile banking solutions should offer APIs that allow for seamless integration with third-party apps and services. This enables customers to view all their financial accounts, investments, and spending patterns in one place, fostering a more holistic financial management experience.

7. Contactless Payments and Digital Wallet Integration

As contactless payments continue to grow in popularity, white label solutions must provide users with the ability to make instant payments through mobile wallets, QR codes, and near-field communication (NFC) technology. Integrating with popular digital wallets like Apple Pay, Google Pay, and Samsung Pay will be essential for ensuring users can pay with ease and convenience.

8. Modular and Scalable Architecture

One of the most critical aspects of a white label mobile banking platform is its scalability. As fintech companies grow and evolve, their mobile banking solution should be able to scale with them. A modular architecture allows businesses to add new features and functionalities over time without having to overhaul the entire system. This flexibility is key to future-proofing the platform and ensuring it can meet the needs of customers as they change.

9. Instant Payments and P2P Transfers

In a world where customers expect immediacy, instant payments are a necessity. White label banking apps must facilitate real-time peer-to-peer (P2P) transfers, bill payments, and other financial transactions. This ensures that users can send and receive money instantly, further enhancing the customer experience.

10. Regulatory Compliance and Customizable Compliance Tools

Regulatory compliance varies by region and can be highly complex. White label mobile banking solutions should come with customizable compliance tools that cater to the legal requirements of different jurisdictions. The ability to stay compliant with regulations such as PSD2 (Europe), GDPR, and CCPA (California) is crucial, especially for fintech startups aiming to scale globally.

The Future of White Label Mobile Banking Solutions

The demand for mobile-first financial services is only going to increase in the coming years, and white label solutions are perfectly positioned to meet this demand. They offer the flexibility and scalability that banks and fintechs need to innovate rapidly while maintaining a focus on customer experience and security.

As we move into 2024, the top features of white label mobile banking solutions will be those that provide seamless user experiences, integrate the latest technology like AI and machine learning, and support businesses in scaling globally. Companies looking to implement or upgrade their mobile banking platforms should consider these features to stay ahead of the competition and meet the growing demands of their customers.

By incorporating the right features and strategies, white label mobile banking solutions can provide a competitive edge in a rapidly evolving digital landscape, enabling businesses to offer innovative and personalized financial services with minimal development effort.

[id-authenticator]

Exploring the Concept of Login Authentication

In the digital age, where online security is paramount, understanding login authentication is crucial. Login authentication is the process used to verify a user’s identity when they access a system or application. It serves as the first line of defense against unauthorized access, ensuring that only legitimate users can access sensitive information and functionalities.

What is Login Authentication?

Login authentication typically involves verifying the identity of a user through a combination of credentials and, in some cases, additional security measures. The most common form of login authentication requires users to enter a username and password. However, as security threats have evolved, so have authentication methods, incorporating more sophisticated approaches to enhance protection.

How Does Login Authentication Work?

User Credentials: At its core, login authentication starts with user credentials. When a user attempts to log in, they provide a username and password. The system checks these credentials against stored records to confirm their validity.

Authentication Process: The system first checks if the username exists in its database. If it does, it then verifies the password. This process often involves hashing the password and comparing it to a stored hash, adding a layer of security by not storing plaintext passwords.

Access Granted or Denied: If both the username and password match, the user is granted access. If not, the system denies access and may prompt the user to re-enter their credentials or provide additional authentication factors.

Enhanced Login Authentication Methods

To address the increasing sophistication of cyber threats, modern login authentication often includes additional security layers:

Multi-Factor Authentication (MFA): MFA adds another level of security by requiring users to provide additional verification factors beyond their password. This could include a code sent to their mobile device, a fingerprint scan, or a hardware token.

Biometric Authentication: Biometric methods, such as fingerprint recognition or facial recognition, are becoming more common. These methods use unique physical characteristics to verify a user’s identity, offering a higher level of security and convenience.

Single Sign-On (SSO): SSO allows users to access multiple applications with a single set of login credentials. This streamlines the user experience and reduces the need to remember multiple passwords.

Importance of Login Authentication

Login authentication plays a vital role in maintaining the security and integrity of systems and data. Here’s why it’s essential:

Prevents Unauthorized Access: By verifying user credentials, login authentication helps ensure that only authorized individuals can access sensitive information and system resources.

Protects Sensitive Data: Effective authentication safeguards personal and organizational data from breaches, reducing the risk of identity theft, financial loss, and other security incidents.

Enhances User Confidence: Robust authentication mechanisms build user trust by demonstrating a commitment to security. Users are more likely to engage with systems that prioritize their protection.

Compliance: Many industries have regulatory requirements for data protection that include robust authentication practices. Implementing strong login authentication helps organizations comply with these regulations.

Conclusion

Login authentication is a fundamental aspect of digital security, crucial for protecting access to sensitive systems and data. While traditional methods like username and password are still prevalent, incorporating advanced techniques such as MFA and biometric authentication can significantly enhance security. Understanding and implementing effective login authentication practices are essential for safeguarding against unauthorized access and maintaining user trust in an increasingly digital world.

[123567-9qaaq9]

Detailed Report on Asia-Pacific Anti-Fingerprint Coating Market | BIS Research 

Anti-fingerprint coating refers to a thin, transparent layer applied to surfaces, particularly on electronic devices like smartphones, tablets, and touchscreens, to reduce the visibility of fingerprints, smudges, and oils. 

This coating works by making the surface more hydrophobic (water-repellent) and oleophobic (oil-repellent), preventing oils from skin contact from adhering strongly to the surface.

The Asia-Pacific anti-fingerprint coating market (excluding China) was valued at $188.1 million in 2023, and it is expected to grow at a CAGR of 6.36% and reach $327.8 million by 2032

Asia-Pacific Anti-Fingerprint Coating Overview

Fingerprint coatings are surface treatments applied to enhance the ability of a surface to capture and retain fingerprint patterns. These coatings are commonly used in security and biometric systems, such as fingerprint scanners, to improve the accuracy of fingerprint recognition and ensure consistent performance. 

Fingerprint coatings are often applied to surfaces like glass or polymer used in biometric sensors, and they are designed to optimize friction and adhesion properties. This helps improve the readability and quality of the fingerprint image, which is crucial for systems relying on biometric authentication for security purposes.

Grab a look at our free report click here!

Market Segmentation

By Application 

By Material Type 

By Technology 

By Country 

Market Drivers for Asia-Pacific Anti-Fingerprint Coating Market    

Increasing Demand for Consumer Electronics 

Rising use in Automotive Displays and Interior 

Expansion of Wearable Technology 

Increase focus on hygiene and cleanliness 

Grab a look at our Sample Page Click Here ! 

Key Players 

AGC Inc.

DAIKIN INDUSTRIES, Ltd.

Taiwan Fluoro Technology

Visit our Advanced Electronics Material Vertical page click here !

Conclusion

Anti-fingerprint coatings provide a practical solution to maintaining the cleanliness and aesthetics of frequently handled surfaces, particularly in consumer electronics, automotive displays, and other high-contact areas. By repelling oils and moisture, these coatings significantly reduce the visibility of smudges and fingerprints, making surfaces easier to clean and enhancing user experience.