#Fingerprint Time Attendance Market Global Fingerprint Time Attendance Market Fingerprint Time Attendance Market 2022 Fingerprint Time Attend
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Fingerprint Time Attendance Market has Huge Demand Top Key Players Profiling - Mitrefinch, FingerTec, ZKT, Easy Clocking, Realand
The recent report on “Global Fingerprint Time Attendance Market Report 2022 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2030” offered by Credible Markets, comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Fingerprint Time Attendance Market”.
An exhaustive competition analysis that covers insightful data on industry leaders is intended to help potential market entrants and existing players in competition with the right direction to arrive at their decisions. Market structure analysis discusses in detail Fingerprint Time Attendance companies with their profiles, revenue shares in market, comprehensive portfolio of their offerings, networking and distribution strategies, regional market footprints, and much more.
Key players in the global Fingerprint Time Attendance market: Mitrefinch FingerTec ZKT Easy Clocking Realand Danmini ANVIZ Navkar Systems Ding Talk Xeumior On the basis of types, the Fingerprint Time Attendance market from 2018 to 2030 is primarily split into: Proximity Access Control System Biometric Access Control System On the basis of applications, the Fingerprint Time Attendance market from 2018 to 2030 covers: Government Agencies Factory Office Building School Others
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Regional Analysis of Global Fingerprint Time Attendance Market
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Fingerprint Time Attendance market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
What does the Report Include?
The market report includes a detailed assessment of various drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive insights into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several research methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnership, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2022 and 2030.
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The report can answer the following questions:
North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Global Fingerprint Time Attendance industry.
Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Global Fingerprint Time Attendance industry.
Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Global Fingerprint Time Attendance industry.
Different types and applications of Global Fingerprint Time Attendance industry, market share of each type and application by revenue.
Global market size (sales, revenue) forecast by regions and countries from 2022 to 2030 of Global Fingerprint Time Attendance industry.
Upstream raw materials and manufacturing equipment, industry chain analysis of Global Fingerprint Time Attendance industry.
SWOT analysis of Global Fingerprint Time Attendance industry.
New Project Investment Feasibility Analysis of Global Fingerprint Time Attendance industry.
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Fingerprint Sensor Market Recent Trends, In-depth Analysis, Size and Forecast 2022 to 2030
The global fingerprint sensor market was worth USD 3.9 billion in 2021 and is anticipated to grow with a CAGR of 10.9% over 2022-2030, thereby amassing a valuation of USD 8.88 billion by end of the stipulated timeline.
The primary factors driving the fingerprint sensor market are the introduction of optical fingerprint sensors in smartphones and other consumer devices, government financing for fingerprint sensor adoption, and the usage of biometrics in mobile commerce. The market is also anticipated to rise due to the widespread use of fingerprint sensors in smartphones for functions including unlocking devices and applications and processing payments. The market expansion for consumer electronics is supported by ongoing improvements and breakthroughs in fingerprint scanning technology.
Fast, safe, and simple access to personal contact information, emails, payment information, location data, and other forms of encrypted data are provided to authenticated users through optical fingerprint sensors. Fingerprint sensors enable quick record keeping and control of attendance portals. They are less expensive when compared to other biometric authentication technologies. These elements contribute to the fingerprint sensor market's continued growth.
Global fingerprint sensor market- Segmental analysis
By Technology
Capacitive
Optical
Thermal
Ultrasonic
By Sensor Technology
2D
3D
By Type
Area and Touch sensors
Swipe Sensors
By Materials
Piezoelectric Materials (Quartz)
Pyroelectric Materials (Lithium Tantalate)
Adhesives
Coating Materials
By Products
Authentication System in smart device
Attendance recording system
Access Control systems
Biometric system
Digital locks
Biometric Smartcards
Financial card
ID Card
Others
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Top Key Players:-
Synaptics
Apple Inc.
Egis Technology
Crucialtec
Next Biometrics
Novatek Microelectronics
Qualcomm
Q Technology
CMOS Sensor Inc.
ELAN Microelectonics
Focaltech
ID3 Technologies
IDEX Biometrics
Japan Display Inc.
OXI Technology
Sonavation Inc.
Touch Biometrix
Vkansee
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Contactless Biometrics Technology Market By System Type, End User, Region, Industry Analysis and Forecast 2022-2030
The Contactless Biometrics Technology Market size is anticipated to grow to US$ 71,407.4 Mn by 2030, recording 17.6% during 2022-30. As biometrics has become a vital component within enterprises, institutions, and government facilities, contactless biometrics has gained a lot of traction offering the highest level of security mechanism.
Various contactless biometric modalities include facial recognition, iris recognition, palm vein recognition, contactless fingerprint technology and voice biometrics, which offer a significant benefit over traditional touch-based biometrics in terms of hygiene, accuracy, low maintenance and enhanced security.
Key Takeaways of Contactless Biometrics Technology Market Study
North America is expected to hold a significant share in the global contactless biometrics market during the forecast period, due to high adoption of touchless biometrics systems for government and military applications.
By Technology, facial recognition is estimated to contribute the largest market share, as this contactless biometrics modality is widely implemented for identity verification and access control.
Identity verification application to witness the highest growth rate during the forecast period, followed by access control application, where such technologies are widely adopted.
Demand for contactless biometrics solutions among government agencies would surge, amid the COVID-19 outbreak, due to need for touchless biometrics systems for public safety applications.
COVID-19 Pandemic Impact Analysis
COVID-19 outbreak has been a prime catalyst for the growth of adoption of contactless biometrics solutions. With the spread of this deadliest virus worldwide, various organizations, governments and institutions are now focusing on hygiene and secure way of verifying the personal identities, providing access controls to the users, without any physical contact with the security infrastructure. Governments across the world has ramped up their measures to adopt contactless biometrics technologies to swiftly respond to the crisis.
There is nearly US$ 2.0 Bn absolute dollar opportunity in the year 2022 from 2011, for global contactless biometrics market, with market growing by about 16-17% YoY in the next 3 years. Amid the COVID-19 crisis, many startups and enterprises have developed and launched contactless biometrics systems, to contain the spread of this virus and ensure organizational security.
For instance, an Indian technology startup INCUBSENCE reported 75% surge in demand for touchless biometric attendance systems. UnionCommunity reported nearly 200% increase in sales of its biometric face and iris recognition products across the Middle East region.
Many companies in Japan are rapidly deploying contactless biometric solutions amid the coronavirus threat, partnering with NEC for facial recognition biometrics. Innovatrics is offering free ID verification module to developers in Slovakia, against their fight to COVID-19 pandemic outbreak.
Increasing Adoption of Facial Recognition Technology to Propel Sales
Facial recognition technology has been gaining momentum since recent times, as it is one of the most adopted contactless biometrics modalities. From daily common tasks such as unlocking mobiles, to digital banking identity verification, and identity authentication for government applications, facial recognition market traction will continue to grow. Amid the COVID-19 outbreak, various countries are widely adopting facial recognition solutions to track and trace COVID-19 patients.
For instance, Indian law enforcement agencies are using facial recognition software for monitoring COVID-19 patients. Russia has also deployed facial recognition systems to keep track of its citizens. With the increasing intensity and frequency of the COVID-19 cases, governments and organizations around the world, relay of such contactless biometrics technologies to contain and control the outbreak, which will fuel the market growth.
More Valuable Insights on Contactless Biometrics Technology Market
Future Market Insights offers an unbiased analysis of the global contactless biometrics technology market, providing historical data for 2015-2021 and forecast statistics from 2022-2030.
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Fingerprint Sensor Market 2022 by Manufacturers, Regions, Type and Application, Forecast to 2030
The Fingerprint Sensor Market is being driven by the introduction of optical fingerprint sensors in smartphones and other consumer devices, government financing for fingerprint sensor adoption, and the usage of biometrics in mobile commerce. In addition, the introduction of fingerprint sensors in smartphones to perform functions such as unlocking phones and apps and making payments is likely to boost market growth. Consumer electronics industry growth is also aided by ongoing advances and innovations in fingerprint scanning technology.
The global fingerprint sensor market was worth USD 3.9 billion in 2021 and is anticipated to grow with a CAGR of 10.9% over 2022-2030, thereby amassing a valuation of USD 8.88 billion by end of the stipulated timeline.
The widespread use of fingerprint sensors in consumer devices, the effective implementation of biometric time and attendance systems for calculating employee productivity, work hours, and other metrics, and the widespread adoption of biometrics by governments around the world for enhanced security are all driving the fingerprint sensor market forward. Threats to the biometric database, on the other hand, represent a key stumbling block to the fingerprint sensor market's expansion. The emergence of biometric smartcards in BFSI applications, the latest trend of in-display fingerprint sensors in smartphones, and the rise in the adoption of fingerprint sensors in IoT-based devices, on the other hand, are expected to provide lucrative opportunities for fingerprint sensor market players between 2021 and 2026.
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A fingerprint sensor is a part of a biometric security system that scans a person's fingerprints and then uses that information to verify their identification. It takes high-contrast fingerprint photos, translates them to digital code, and stores the results as fingerprint minutiae. The fingerprint sensor is quick, dependable, convenient, and affordable, and it can be easily implemented into a variety of devices. As a result, it's used in industries like consumer electronics, government and law enforcement, aerospace, healthcare, defence and military, banking, financial services and insurance (BFSI), travel, and immigration all over the world.
Global Fingerprint Sensor Market- Segment Analysis
By Technology
• Capacitive
• Optical
• Thermal
• Ultrasonic
By Sensor Technology
• 2D
• 3D
By Type
• Area and Touch sensors
• Swipe Sensors
By Materials
• Piezoelectric Materials (Quartz)
• Pyroelectric Materials (Lithium Tantalate)
• Adhesives
• Coating Materials
By Products
• Authentication System in smart device
• Attendance recording system
• Access Control systems
• Biometric system
• Digital locks
• Biometric Smartcards
• Financial card
• ID Card
• Others
By End use
• Consumer Electronics
• Smartphones
• Wearables
• Tablets/PC/notebook/laptop
• USB flash devices
• Travel and Immigration
• Government and Law Enforcement
• Banking & Finance
• Commercial
• Automotive
• Smart Homes
• Home security
• Consumer appliances
• Healthcare
• Military, Defense, and Aerospace
• Others
Global fingerprint sensor market- Geographical landscape
North America, Middle East & Africa, Europe, Latin America, and Asia Pacific are the major regions characterizing the landscape of this business sphere. The fingerprint sensor market in Asia Pacific is anticipated to register notable gains over 2022-2030. This is credited to the increasing adoption of smart devices, rise in per capita income, and the presence of emerging industry players.
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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Iris Recognition Market Comprehensive Research Study, Historical Analysis and Growth Rate 2023
Iris Recognition Market Analysis
The global iris recognition market is predicted to touch USD 1 billion at a notable 22% CAGR over the forecast period (2016-2022), reveals the latest Market Research Future (MRFR) report. Iris scanning or iris recognition is a process that uses near-infrared and visible light for taking high-contrast images of an individual’s iris. This is a type of biometric technology just as fingerprinting and face recognition. It offers a more accessible alternative to remembering usernames and passwords. Iris scanning provides a more reliable and quicker means of authentication. Iris recognition systems are making headway into various horizontal markets, including traditional-based applications, citizen ID, computer security, physical access control, and much more.
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Various factors are pushing the growth of the iris recognition market. These factors, in accordance to the Market Research Future (MRFR) report, include burgeoning demand for security systems due to increasing incidences of terrorist attacks, cybercrimes, and other illegal activities, growing demand for iris recognition systems from immigration, travel and numerous government organization, emergence of smartphones, and increased penetration of IoT in multiple sectors. Additional factors pushing the market growth include high-security requirements for biometric products, biometric technology implementation in smart devices, growing demand from healthcare, consumer electronics, BFSI and government, implementation of such systems in automated teller machines and pharmacy dispensing and increasing application of such systems at supermarkets and airports. On the contrary, lack of awareness about iris recognition systems, technical limitation, high costs, an intrusion of privacy, and vulnerability of the system are factors that may impede the iris recognition market growth over the forecast period.
Iris Recognition Market Key Players
Leading players profiled in the iris recognition market report include IBM Corporation, Princeton identity, Irisys Co., Ltd., CMITech Company, Ltd., Eye Lock, IriTech, Inc., Iris ID, Inc., Cross Match Technologies Inc., Safran S.A., 3M Cogent Inc., and others.
Iris Recognition Market Segmentation
The Market Research Future report offers a wide segmental analysis of the iris recognition market on the basis of component, products, application, and end user.
Based on the component, the iris recognition market is segmented into software and hardware.
Based on products, the iris recognition market is segmented into scanners, laptops, smartphones, PC, and others. Of these, the smartphone will have the largest share in the market over the forecast period.
Based on application, the iris recognition market is segmented into time monitor and access control.
Based on end user, the iris recognition market is segmented into government, healthcare, defence, and BFSI. Of these, the government sector will dominate the market over the forecast period.
Iris Recognition Industry News
June 2019- Leading iris recognition technology provider, Iris ID is offering its iCAM M300 handheld biometric platform with attendance and time and employee mustering and gateless access control both for government and commercial markets. This is made possible through the embedded XpressEntry software offered by Telaeris. iCAM M300 users can extend the door-mounted iris readers through cloud-based mobile services, which syncs all users, activity data, and access automatically. It is ideal for any use virtually that needs mobile identity authentication. The embedded cameras will allow simultaneous capture of facial and iris modes.
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Iris Recognition Market Regional Analysis
Based on the region, the iris recognition market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), the Middle East and Africa, North America, and Europe. Of these, North America will dominate the iris recognition market over the forecast period. It is expected to grow at a 23% CAGR. This is owing to the early adoption of iris biometrics by the government of Canada and the US for safety on public transport. High investment in R&D for advanced technology developments and the presence of key players in the region are also driving market growth in this region.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Iris Recognition in Access Control Industry - Status and Forecast From 2017-2022
The global iris recognition in access control market holds immense potential. It is projected to attain a significant size in terms of revenue by 2022. Iris recognition technology offers several advantages such as superior resistance to false matches, high speed of matching, and excellent efficiency due to the stability of the iris. Owing to these advantages, the technology is emerging as a key method for biometric verification for access control in various sectors, including banking and finance, government, military and defense, and healthcare.
Utilization of iris recognition technology in multimodal biometrics can help the market in gaining remarkable momentum in coming years. Already popular in industrialized countries, multimodal technology is also gaining traction in developing countries. Increasing implementation of the technology using iris recognition along with facial or fingerprint identification is likely to make way for development of innovative biometrics systems. For instance, in September 2017, Taiwan-based Lextar Electronics Group introduced an infrared LED module supporting both face and iris biometrics, PR88. The module is only 1.4 mm thick and can be incorporated into access control systems and mobile phones.
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Spiraling cases of cybercrimes, terrorist activities, and other illegal activities can be one of the primary growth stimulants of the global iris recognition in access control market. This, coupled with increasing adoption of E-passport programs, will fuel the demand for iris recognition in access control, finds a study on Radiant Insights, Inc.
Apart from this, soaring popularity of cloud-based biometrics can stoke the growth of the market. Cloud biometrics speed up the identification process and help organizations compare biometric data with data stored on the cloud. However, high cost of implementing iris technology and presence of several inexpensive alternatives can hamper growth prospects.
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U.S. will continue to hold a prominent position in the market through 2022. The growth of the region can be attributed to soaring demand for iris recognition technology in end-use segments such as healthcare and governments in various verticals such as time and attendance monitoring, surveillance, networks and servers, and patient protection.
Some of the key players in the market are Biomatiques Identification Solutions, Crossmatch Technologies, Easy Clocking, M2SYS Technology, and 3M Cogent.
Radiant Insights, Inc. offers a plethora of tailor-made and syndicated reports for various domains, including healthcare, chemicals, medical devices, energy, materials, and technology. Each report is collated using data from both primary and secondary types of research.
About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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Fingerprint Access Control Market - Global Industry Analysis and Forecast
The latest research study titled, “Fingerprint Access Control Market by Technology and Application - Global Industry Analysis and Forecast to 2022” published by Crystal Market Research, states that the Fingerprint Access Control Market is projected to be around $4.60 billion by 2022.
The global Fingerprint Access Control market was worth USD 2.22 billion in the year of 2012 and is expected to reach approximately USD 4.60 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.77% during the forecast period. The New Generation of Smart Devices in Biometrics for Access Control upgrades building security, employee management, and internal communication, at an essentially lower aggregate cost of possession than past biometric systems for physical access control. In the case of being utilized to get to building, secure confined areas inside, or for attendance and time management, biometric verification innovation has made some noteworthy progress. Only a couple of years prior, the debate encompassing biometrics was centered around whether biometrics were precise and could deal with vast populaces, among numerous other operational issues. Currently, these contentions are shut: the attention now is on upgrading the esteem related with exact and secure biometric verification.
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Growing requirement for security due to the expanding risks of terrorist attacks is anticipated to add to the business growth in the upcoming years. Government associations worldwide are seeking a way to enhance security in light of increased issues from the risk of terrorism over safety of public. National governments have ordered substantial spending on safety activities, positioning accentuation on the innovation to address increasing security problems. Such activities are foreseen to boost market development over the estimate time frame. Rising demand over various enterprises healthcare and consumer electronics are foreseen to spur the business development.
On the basis of technology the global Fingerprint Access Control market is segmented into Thermal Fingerprint Access Control, Optical Fingerprint Access Control, Pressure Fingerprint Access Control, Ultrasonic Fingerprint Access Control and Capacitive Fingerprint Access Control. On the basis of application the market is segmented into Military & Defense, Consumer Electronics, Government, Healthcare, Banking & Finance and Commercial. The major players in the market are Cogent Systems, Suprema Inc, NEC Corporation of America, Aware Inc, Safran Group, Merkatum Corporation, Lockheed Martin Corporation and SecuGen Corportaion. Geographically, the market is segmented into North America, Asia Pacific, Europe and Rest of the world.
Key findings of the Fingerprint Access Control market
In 2015 the optical item portion ruled the business with general income offer of more than 38 percent. Optical access control gives bigger detecting range, higher resolution, better image quality, and robust operations. Nonetheless, capacitive is a current innovation and is generally less expensive than optical sensors. It can be inserted into littler gadgets and are inclined to dirt. Due to these highlights the fragment is relied upon to witness noteworthy development in the upcoming years.
Government and Commercial applications section have high rate of penetration and captured more than half of the income share in 2015 to reinforce external and internal security. Government division is among the early adopters of biometrics innovations, for example, fingerprint and iris scanning and as of now represents to the critical end-use of the innovation.
BFSI section is foreseen to develop quickly in the following years. Proliferation of cell phones, for example, cell phones that have fingerprint authentication ability has prepared for versatile logon. Banks and other money related associations now offer biometric login office for their portable managing account applications to guarantee the approved exchanges. Biometric modalities offer a protected approach to confirm client character and shield against cybercrime.
In 2015 North America is assessed to be a noteworthy local section with more than 34 percent of the general income share. In any case, Asia Pacific and MEA are anticipated to develop at an impressive rate attributable to the expanding infiltration of cell phones and positive government regulations. Expanding terror exercises and crime rate worldwide have produced the requirement for included security and control measures. Innovative headways and government activities towards get to control are required to drive the business development throughout the following years.
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Key Market Players:
Cogent Systems
Suprema Inc
NEC Corporation of America
Aware Inc
Safran Group
Merkatum Corporation
Lockheed Martin Corporation
SecuGen Corportaion
Table of content:
Introduction
1.1. Report Description
1.2. Research Methodology
Executive Summary
Market Overview
3.1. Market Dynamics
3.2. Restraints
3.3. Opportunities
Fingerprint Access Control Market, By Technology
4.1. Introduction
4.3. Optical Fingerprint Access Control
4.4. Ultrasonic Fingerprint Access Control
4.5. Pressure Fingerprint Access Control
Fingerprint Access Control Market, By Application
5.1. Introduction
5.2. The Fingerprint Access Control Market Assessment and Forecast, By Application, 2016-2025
5.3. Government
5.4. Commercial
5.5. Consumer Electronics
Fingerprint Access Control Market, By Region
Company Profiles
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About Crystal Market Research
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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Headline News from PaymentsNews.com - August 21, 2017 http://ift.tt/2ws8GYG
Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide!
ON THE WEB
At 2 Million Downloads, Chicago’s Transit System Sees an Appetite for Mobile Payment - Digital Transactions News - "A pioneering mobile-payment wallet for mass transit has reached a milestone. Chicago’s Ventra app has been downloaded more than 2 million times since it became available in November 2015, according to an announcement Monday from Cubic Transportation Systems, the San Diego-based company that developed the app. Commuters have bought almost $250 million in fares on the app in that time, Cubic added."
Despite Obstacles, U.S. Contactless Payments Will Reach 34% in Five Years, Forecaster Says - Digital Transactions News - "t’s what some may consider a bold forecast for contactless payments in the United States, but Juniper Research is predicting that, by 2022, 34% of electronic payments will be contactless, up from less than 2% in 2017."
Bitcoin miners are making nearly $7 million a day - Quartz - CHART
Why Your Face Will Soon Be the Key to All Your Devices - Wall Street Journal (Paywall) - "Forget fiddling with passwords or even fingerprints; forget multiple layers of sign-in; forget credit cards and, eventually, even physical keys to our homes and cars. A handful of laptops and mobile devices can now read facial features, and the technique is about to get a boost from specialized hardware small enough to fit into our phones."
Youtap launches QR codes - Mobile Payments Today - "Youtap product enables customer-initiated or merchant-initiated QR code payments for smartphones and smart point-of-sale devices. The product conforms to the BharatQR industry standard developed by Bharat, MasterCard and Visa."
Barclays adds Siri voice payments to mobile banking app - Mobile Payments Today - "Barclays has become the first U.K. high street bank to launch payments using Apple's virtual assistant, Siri, enabling customers to make payments using their voice. "
Google Tests Subscription Tool for Publishers - Bloomberg - "Google’s latest foray arrives on three fronts. The first is a revamp of its feature, called “first click free,” that allows readers to access articles from subscription publications through search. Google is also exploring publishers’ tools around online payments and targeting potential subscribers. It’s all part of Google’s broader effort to keep consumers and content-makers returning to the web, the lifeblood of its ads business."
Real-time payments in play as Fiserv acquires Dovetail - Finextra - "In the US, the Dovetail platform provides a direct gateway to the bank-backed Zelle mobile money network and The Clearing House's real-time payment scheme, while in Europe the product is fine-tuned for connection to the EU-wide SCT Inst scheme and EBA Clearing architecture as well as the UK's Faster Payments programme. "
What code is running on Apple's Secure Enclave security chip? Now we have a decryption key... - The Register - "Apple's Secure Enclave, an ARM-based coprocessor used to enhance iOS security, became a bit less secure on Thursday with the publication of a firmware decryption key. The key does not provide access to the Secure Enclave Processor (SEP). Rather, it offers the opportunity to decrypt and explore the otherwise encrypted firmware code that governs it, affording security researchers and other curious types a chance to learn more about how the technology works."
Identity Thieves Hijack Cellphone Accounts to Go After Virtual Currency - New York Times (Paywall) - "Hackers have discovered that one of the most central elements of online security — the mobile phone number — is also one of the easiest to steal. In a growing number of online attacks, hackers have been calling up Verizon, T-Mobile U.S., Sprint and AT&T and asking them to transfer control of a victim’s phone number to a device under the control of the hackers."
Heat become first NBA team with mobile-only entry - ESPN - "The Miami Heat announced Thursday that fans who attend home games this upcoming season will only be able to get through the gate with tickets on their phones."
ON THE WIRES
Fiserv Moves to Reinvent Payments Infrastructure with Acquisition of Dovetail - "Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, today announced it has acquired Dovetail Group Limited, a leading provider of bank payments and liquidity management solutions. This acquisition further enables Fiserv to help financial institutions around the world transform their payments infrastructure to meet the evolving needs of wholesale, commercial and retail customers. Financial terms were not disclosed."
Juniper Research: Contactless to Account for More Than 1 in 2 POS Transactions Globally by 2022 - "The new research, POS & mPOS Terminals: Vendor Strategies, Positioning & Market Forecasts 2017-2022, found that adoption in the US would rise sharply over the period, with contactless rising from less than 2% of transactions this year to 34% by 2022. It argued that customer dissatisfaction at the slower speeds of chip card transactions, allied to burgeoning contactless infrastructure, would provide further impetus for smartphone-based payments currently dominated by Apple Pay."
GLENBROOK PAYMENTS EDUCATION EVENTS
Understanding the accelerating pace of change in the payments industry has never been more important. Get the knowledge you need fast at one of our two day Payments Boot Camps. Our one day Insight Workshops follow each Boot Camp and are deep dives into key topics. Take a discount for attending all three days. Here's our fall schedule:
Payments Boot Camp, October 3-4, 2017, San Jose, CA, Logistics
Payments Boot Camp, October 17-18, 2017, NYC, NY, Logistics
Payments Boot Camp, December 5-6, 2017, Palo Alto, CA, Logistics
Global Payments, October 5, 2017, San Jose, CA, Logistics
Digital Payments, October 19, 2017, NYC, NY, Logistics
Innovation in Payments, December 7, 2017, Palo Alto, CA, Logistics
For more, click here. We hope to see you soon!
Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.
UPDATES FROM GLENBROOK
Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews
Click here to share PaymentsNews with a friend
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: [email protected]!
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Global Fingerprint Time Attendance Market 2017- Danmini , Realand , ANVIZ , ZKT , FingerTec , Xeumior
Global Fingerprint Time Attendance Market 2017- Danmini , Realand , ANVIZ , ZKT , FingerTec , Xeumior
The Worldwide Fingerprint Time Attendance Report does an extensive study of the Market Segment, Product categories, market revenue, product cost, Forecast 2017-2022. After that, the Global Fingerprint Time Attendance market 2017 Report is segregated into different categories based on geographical regions, key vendors and range of applications. The report also studies the Fingerprint Time…
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Iris Recognition Market Opportunities, Challenges and Growth Factors 2023
Iris Recognition Market Analysis
The Iris Recognition Market in the APAC region will grow at the fastest pace over the forecast period. It is predicted to grow at a 25% CAGR. Increasing government initiatives in China and India, increasing criminal activities and increasing technology adoption are contributing to the market growth in this region.
The global iris recognition market is predicted to touch USD 1 billion at a notable 22% CAGR over the forecast period (2016-2022), reveals the latest Market Research Future (MRFR) report. Iris scanning or iris recognition is a process that uses near-infrared and visible light for taking high-contrast images of an individual’s iris. This is a type of biometric technology just as fingerprinting and face recognition. It offers a more accessible alternative to remembering usernames and passwords. Iris scanning provides a more reliable and quicker means of authentication. Iris recognition systems are making headway into various horizontal markets, including traditional-based applications, citizen ID, computer security, physical access control, and much more.
Get Free Sample of Iris Recognition Market Report @ https://www.marketresearchfuture.com/sample_request/2430
Various factors are pushing the growth of the iris recognition market. These factors, in accordance to the Market Research Future (MRFR) report, include burgeoning demand for security systems due to increasing incidences of terrorist attacks, cybercrimes, and other illegal activities, growing demand for iris recognition systems from immigration, travel and numerous government organization, emergence of smartphones, and increased penetration of IoT in multiple sectors. Additional factors pushing the market growth include high-security requirements for biometric products, biometric technology implementation in smart devices, growing demand from healthcare, consumer electronics, BFSI and government, implementation of such systems in automated teller machines and pharmacy dispensing and increasing application of such systems at supermarkets and airports. On the contrary, lack of awareness about iris recognition systems, technical limitation, high costs, an intrusion of privacy, and vulnerability of the system are factors that may impede the iris recognition market growth over the forecast period.
Iris Recognition Market Key Players
Leading players profiled in the iris recognition market report include IBM Corporation, Princeton identity, Irisys Co., Ltd., CMITech Company, Ltd., Eye Lock, IriTech, Inc., Iris ID, Inc., Cross Match Technologies Inc., Safran S.A., 3M Cogent Inc., and others.
Iris Recognition Market Segmentation
The Global Iris recognition market has been segmented into products, component, application and End-user. By products the market is classified into PC & laptop, smartwatch, and smartphones. By component, the market is classified into hardware and software. Iris recognition is being used for two applications majorly namely access control and time control and serving various industrial verticals namely government, BFSI, consumer electronics, healthcare and others.
Iris Recognition Industry News
June 2019- Leading iris recognition technology provider, Iris ID is offering its iCAM M300 handheld biometric platform with attendance and time and employee mustering and gateless access control both for government and commercial markets. This is made possible through the embedded XpressEntry software offered by Telaeris. iCAM M300 users can extend the door-mounted iris readers through cloud-based mobile services, which syncs all users, activity data, and access automatically. It is ideal for any use virtually that needs mobile identity authentication. The embedded cameras will allow simultaneous capture of facial and iris modes.
Access Iris Recognition Market Report Details @ https://www.marketresearchfuture.com/reports/iris-recognition-market-2430
Iris Recognition Market Regional Analysis
Based on the region, the iris recognition market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), the Middle East and Africa, North America, and Europe. Of these, North America will dominate the iris recognition market over the forecast period. It is expected to grow at a 23% CAGR. This is owing to the early adoption of iris biometrics by the government of Canada and the US for safety on public transport. High investment in R&D for advanced technology developments and the presence of key players in the region are also driving market growth in this region.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
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Headline News from PaymentsNews.com - July 18, 2017 http://ift.tt/2uz6tJo
Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide!
ON THE WEB
P2P Payment Transactions to Exceed $120 Billion This Year - eMarketer - "The use of mobile peer-to-peer (P2P) payment apps such as Venmo in the US will continue to grow by double digits through 2021, according to eMarketer’s latest mobile banking and payments forecast."
Instant bank transfers are coming to PayPal and Venmo - TechCrunch - "PayPal announced this morning a plan to speed up money transfers between its service, Venmo and users’ bank accounts for those with supported MasterCard and Visa debit cards. This new “instant transfers” service will be available at a rate of $0.25 per transaction, and will deliver funds in a matter of minutes, instead of the day or so it typically takes when using PayPal or Venmo."
Mastercard to buy AI outfit Brighterion - Finextra - "Mastercard is looking to boost its fraud detection capabilities through the acquisition of artificial intelligence specialist Brighterion. Financial terms of the deal were not disclosed."
QR code takes a baby step in world conquest as group adopts global cashless payment format - South China Morning Post - "EMVCo, a consortium for smart payments that’s collectively owned by American Express, Visa, Mastercard and UnionPay, on Saturday published the first version of QR code specifications, or the industry standard for the payment format, a year after UnionPay proposed a safe and open global system."
Mastercard And Visa Lose Share To UnionPay In Global Cards Market - Payments Afrika - "According to RBR’s Global Payment Cards Data and Forecasts to 2022 study, the continued rapid expansion of the Chinese cards market has helped UnionPay to increase its share of cards to 43% in 2016, and extend its lead over Visa and Mastercard. UnionPay has been the largest scheme globally for card numbers since 2010 and, by the end of 2016, there were more than six billion UnionPay-branded cards in circulation."
Apple unveils promotional campaign to win Chinese consumers to Apple Pay - South China Morning Post - "Between July 18 and 24, consumers using Apple Pay to make payments in designated online and offline merchants in mainland China that display the logo of UnionPay’s quick pass facility will receive discounts of up to 50 per cent and as much as 50 times the usual amounts of reward points for credit cards, according to Apple’s official Chinese website."
UK’s digital-only Starling Bank adds Apple Pay support - TechCrunch - "Digital-only UK “challenger” bank, Starling Bank, has added support for Apple Pay — meaning its customers can now add their Starling debit card to their Apple Wallet and make contactless payments drawing from funds in their Starling account via their Apple devices."
Dubai’s Nol cards can now be used for payment at 1,000 retail units - Gulf Business - "Dubai’s Roads and Transport Authority (RTA) has announced that Nol cards can now be used to make payments at more than 1,000 selected retail outlets across in the emirate. Nol cards are used to pay for public transport systems such as the Metro, Tram, buses and water taxis. It can also be used to pay for parking at public metres."
left image0left image0left image0left image0left image0left image0Jumio adds eyeball tracking to Netverify - Finextra - "When verifying an identity, in addition to conducting a “liveness” check to ensure a real person is holding the device, Jumio will require users to follow an icon on the mobile device screen with their eyes as it moves in a random pattern. This technology will be available to all Netverify users, including banking institutions, sharing economy providers, online gaming and travel companies."
Next-Gen Subway Restaurants offer Apple Pay at Self-Serve Kiosks along with USB Charging & Complimentary Wi-Fi - Patently Apple - "This morning Subway announced their new restaurant design and customer experience. Trevor Haynes, Vice President of Operations at Subway stated for the occasion that "We've created a modern design that gives our guests choices – from how they order, to how they pick up their food, to how they enjoy their meal. The reactions from our guests, our franchisees and the Sandwich Artists has been incredibly positive." "
Swatch partners with eleven Chinese banks for second-generation payments watch - NFC World - "Four new NFC smart watches that make use of China UnionPay’s cloud-based payments service have been unveiled in Shanghai by Swatch Group CEO Nick Hayek."
Cryptocurrencies are crashing, but bitcoin isn’t falling as badly as the rest - Quartz - "Cryptocurrency markets are crashing. Bitcoin’s price has fallen by about 20% in the last seven days, wiping out $7 billion of market value. But it’s doing better than other major cryptocurrencies like ether and ripple, which have lost 30% or more."
Hacker Uses A Simple Trick to Steal $7 Million Worth of Ethereum Within 3 Minutes - Th Hacker News - "The heist happened after an Israeli blockchain technology startup project for the trading of Ether, called CoinDash, launched an Initial Coin Offering (ICO), allowing investors to pay with Ethereum and send funds to token sale's smart contact address. But within three minutes of the ICO launch, an unknown hacker stole more than $7 Million worth of Ether tokens by tricking CoinDash's investors into sending 43438.455 Ether to the wrong address owned by the attacker."
ON THE WIRES
Mastercard Enhances Artificial Intelligence Capability with the Acquisition of Brighterion, Inc. - "Mastercard Enhances Artificial Intelligence Capability with the Acquisition of Brighterion, Inc."
At Mid-Year, U.S. Data Breaches Increase at Record Pace - "The number of U.S. data breaches tracked through June 30, 2017 hit a half-year record high of 791, according to recent numbers released by the Identity Theft Resource Center (ITRC) and CyberScout. This represents a significant jump of 29 percent over 2016 figures during the same time period. At this pace, ITRC anticipates that the number of breaches could reach 1,500 in 2017, a 37 percent annual increase over 2016, when breaches reached an all-time record high of 1,093."
MagnaChip Selected as Foundry Partner by ELAN Microelectronics For World's First Fingerprint Sensor IC-Based Smartcard - "MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications, announced today it was selected as a foundry partner by ELAN Microelectronics to manufacture the world's first fingerprint sensor IC-based smartcard. The smartcard uses biometrics technology that provides secure identification to prevent credit card fraud, a severe and growing problem globally. The sensor-IC based smartcard will be manufactured utilizing MagnaChip's 0.35 micron Mixed Signal Thick IMD manufacturing process technology."
GLENBROOK PAYMENTS EDUCATION EVENTS
Understanding the accelerating pace of change in the payments industry has never been more important. Get the knowledge you need fast at one of our two day Payments Boot Camps. Our one day Insight Workshops follow each Boot Camp and are deep dives into key topics. Take a discount for attending all three days. Here's our fall schedule:
Payments Boot Camp, October 3-4, 2017, San Jose, CA, Logistics
Payments Boot Camp, October 17-18, 2017, NYC, NY, Logistics
Payments Boot Camp, December 5-6, 2017, Palo Alto, CA, Logistics
Global Payments, October 5, 2017, San Jose, CA, Logistics
Digital Payments, October 19, 2017, NYC, NY, Logistics
Innovation in Payments, December 7, 2017, Palo Alto, CA, Logistics
For more, click here. We hope to see you soon!
Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.
UPDATES FROM GLENBROOK
We're hiring! Passionate about payments? Love solving tough client problems? If that describes you, come join us! Click here to learn more!
Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews
Click here to share PaymentsNews with a friend
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: [email protected]!
from Payments News - from Glenbrook Partners http://ift.tt/2uz6tJo via IFTTT
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