“The age of seamless international travel has arrived,” says Maxine Most, Principal at Acuity Market Intelligence. “Integrated, frictionless passenger facilitation is the next wave of biometric automation for expedited travel.”

The age of seamless international travel has arrived; integrated, frictionless passenger facilitation is the next wave of biometric automation for expedited travel.

Now the mobile based payments are witnessing a new change , with our smartphone becoming more intelligent biometric based payment authentication is gradually picking up and major investments are being put by financial sector in this direction.

Biometric validation continues to make headlines in the payments industry: as of April, major U.S. credit card companies dropped signature-based authentication requirements in favor of newer technologies.(1) Researchers predict that by 2020, all new smartphones, wearables and tablets will be equipped with one or more biometric tools,(2) and forecasts indicate global mobile biometric revenues will more than double from 2018 to 2022, soaring from $20.6 billion to $50.6 billion.(3)

The move comes amid an expanding market for cloud-based services. Acuity Market Intelligence, which predicted the grand sweep of the mobile biometrics revolution, recently predicted that cloud-based biometric transactions will account for 70 percent of the 1.4 trillian mobile biometric transactions anticipated for 2022, reflecting considerable growth in cloud-based services.