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Biometric Selfie-based Onboarding is Seeing ‘Explosive’ Growth in Wake of COVID-19: Acuity

February 22, 2021

findBIOMETRICS

"Acuity projects that the overall global identity verification market will see revenues in the range of $15 to $18 billion by 2024.”

Biometric Selfie-based Onboarding is Seeing 'Explosive' Growth in Wake of COVID-19: Acuity
The COVID-19 pandemic is driving ‘explosive’ growth in the face-based biometric onboarding market, according to a new report from renowned industry research firm Acuity Market Intelligence.

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Acuity: COVID drives explosive Market Growth of face verification

February 22, 2021

planet biometrics

According to new research from Acuity Market Intelligence, COVID-driven acceleration of digital transformation has intensified the need for secure, reliable, and trusted digital identity. Citizen and consumer embrace of “digital first” and “digital only” in the wake of pandemic safety concerns and restrictions has opened the floodgates of digitally enabled fraud. Biometric face verification and liveness detection are being widely deployed to address this unprecedented digital security threat quickly becoming synonymous with secure remote digital onboarding.

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COVID drives explosive market growth of digital identity through face verification and liveness detection

February 22, 2021

Payments Cards and Mobile

COVID-driven acceleration of digital transformation has intensified the need for secure, reliable and trusted digital identity.

Citizen and consumer embrace of “digital first” and “digital only” in the wake of pandemic safety concerns and restrictions has opened the floodgates of digitally enabled fraud.

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COVID drives explosive market growth of face verification and liveness detection for remote digital onboarding

February 22, 2021

Fintech News

According to new research from Acuity Market Intelligence, COVID-driven acceleration of digital transformation has intensified the need for secure, reliable, and trusted digital identity. Citizen and consumer embrace of “digital first” and “digital only” in the wake of pandemic safety concerns and restrictions has opened the floodgates of digitally enabled fraud. Biometric face verification and liveness detection are being widely deployed to address this unprecedented digital security threat quickly becoming synonymous with secure remote digital onboarding.

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COVID drives market growth of face verification and liveness detection for remote digital onboarding

February 22, 2021

the paypers

COVID drives market growth of face verification and liveness detection for remote digital onboarding
Monday 22 February 2021 10:44 CET | News

COVID-driven acceleration of digital transformation has intensified the need for secure, reliable, and trusted digital identity, according to new research from Acuity Market Intelligence.

Biometric face verification and liveness detection are being widely deployed to address ‘digital first’ and ‘digital only’ needs for businesses. With global identity verification revenues projected to reach USD 15 to USD 18 billion annually by 2024, there is room for growth.

 
PRESS RELEASES

COVID Drives Explosive Growth of Face Verification and Liveness Detection for Remote Digital Onboarding

Recent Airport Facial Recognition Initiatives in Asia, North America, and Europe Reflect the Acceleration of Biometrics Beyond Border Control

Biometric Border Innovation Spreads Across the Globe; 4800+ Automated Border Control eGates and Passport Control Kiosks Deployed in 73 Countries

Automated Border Control Kiosks Reach 71% CAGR Over Four Years with 71 Installations at 59 International Airports and Cruise Terminals

Biometrics in The Cloud to Authenticate More Than One Trillion Transactions Annually by 2022

 

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