Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Face, Iris and Pulse Sensors on the Fast Track For The Next Steps Biometrics Security
    Top Stories

    Face, Iris and Pulse Sensors on the Fast Track For The Next Steps Biometrics Security

    Published by Gbaf News

    Posted on June 2, 2018

    4 min read

    Last updated: January 21, 2026

    This image depicts the copper mining process at Antofagasta's Chilean operations, highlighting their 2024 production report of 664,000 metric tons. The visual connects to the company's financial outlook and investment plans.
    Copper mining operations in Chile related to Antofagasta's 2024 output report - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Consumer Fingerprint Shipments Surpass 1 Billion Shipments but End-Users Ready to Adopt Multimodality

    The battle for the future of biometric modalities in consumer electronics is expected to become fiercer with each passing year as face and iris recognition are continuously gaining strength, threating to soon cannibalize on fingerprint technologies. ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, posits that as ASPs for iris modules drop, and the once timid face recognition is continuously honed with more sophisticated machine learning algorithms, they will both slowly start to eat away at fingerprint implementations.

    Apple’s choice to forego fingerprints and focus on face recognition for the iPhone X and Samsung’s choice to focus on iris recognition for the Galaxy S8 and S9 have fast-tracked this realization. However, fingerprint technologies won’t go down without a fight as multiple innovative vendors including FPC, Qualcomm, Synaptics and Goodix introduce more robust, spoof-resistant sensors and a brand new “poster-boy” for fingerprints: the invisible, under-display sensor.

    “Even though fingerprint sensor ASPs have taken a significant hit over the last couple of years, total fingerprint sensor shipments for the entire consumer market is still estimated to reach 1.2 billion worldwide for 2018, thus ensuring its market dominance,” comments Dimitrios Pavlakis, Industry Analyst for ABI Research. “However, from established markets such as banking and payments to emerging ones like automotive and future-looking ones including robotics, we expect to see an increase in multi-modal applications and a scenario where biometrics is a critical component of a user’s digital ID in the emerging IoT ecosystem.” With the rise of card-less biometric ATMs developed by Diebold Nixdorf and Samsung, automotive investments by major car OEMs like GM, Nissan, BMW and Volvo, and governmental mandates in APAC seeking to expand biometrics further into banking, consumer, and telecoms, the single-modality pattern will shift radically.

    “Multimodal user authentication in the Internet of Things will not be another gimmicky option – it will be the security norm,” concludes Pavlakis. Established vendors are advised to plan accordingly and expand their biometric portfolio depending on the choice of market vertical.

    These findings are from ABI Research’s Biometric Technologies and Applications report. This report is part of the company’s Digital Security research service, which includes research, data, and Executive Foresights.

    Consumer Fingerprint Shipments Surpass 1 Billion Shipments but End-Users Ready to Adopt Multimodality

    The battle for the future of biometric modalities in consumer electronics is expected to become fiercer with each passing year as face and iris recognition are continuously gaining strength, threating to soon cannibalize on fingerprint technologies. ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, posits that as ASPs for iris modules drop, and the once timid face recognition is continuously honed with more sophisticated machine learning algorithms, they will both slowly start to eat away at fingerprint implementations.

    Apple’s choice to forego fingerprints and focus on face recognition for the iPhone X and Samsung’s choice to focus on iris recognition for the Galaxy S8 and S9 have fast-tracked this realization. However, fingerprint technologies won’t go down without a fight as multiple innovative vendors including FPC, Qualcomm, Synaptics and Goodix introduce more robust, spoof-resistant sensors and a brand new “poster-boy” for fingerprints: the invisible, under-display sensor.

    “Even though fingerprint sensor ASPs have taken a significant hit over the last couple of years, total fingerprint sensor shipments for the entire consumer market is still estimated to reach 1.2 billion worldwide for 2018, thus ensuring its market dominance,” comments Dimitrios Pavlakis, Industry Analyst for ABI Research. “However, from established markets such as banking and payments to emerging ones like automotive and future-looking ones including robotics, we expect to see an increase in multi-modal applications and a scenario where biometrics is a critical component of a user’s digital ID in the emerging IoT ecosystem.” With the rise of card-less biometric ATMs developed by Diebold Nixdorf and Samsung, automotive investments by major car OEMs like GM, Nissan, BMW and Volvo, and governmental mandates in APAC seeking to expand biometrics further into banking, consumer, and telecoms, the single-modality pattern will shift radically.

    “Multimodal user authentication in the Internet of Things will not be another gimmicky option – it will be the security norm,” concludes Pavlakis. Established vendors are advised to plan accordingly and expand their biometric portfolio depending on the choice of market vertical.

    These findings are from ABI Research’s Biometric Technologies and Applications report. This report is part of the company’s Digital Security research service, which includes research, data, and Executive Foresights.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostVerve™ Acquires Receptiv™, The Leading In-App Mobile Video Platform, To Enhance Location-Powered Programmatic Mobile Marketing
    Next Top Stories PostNew MarTech Study Shows Marketers May be Overestimating Ability to Execute and Deliver Results from Their Investments