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Strong Growth In Digital ID Market Drives Biometrics Sector

Deepak
0
Marketsandmarkets researchers estimate that the global digital identity solutions, or DIS, market size is projected to grow from USD 34.5 billion in 2023 to USD 83.2 billion by 2028 at a more than healthy CAGR of 19.3% during the forecast period. The rise in identity and authentication fraud and increased integration of AI, ML, and blockchain to enhance digital identities drives the growth of the DIS market. Moreover, the high cost associated with the deployment of digital identity solutions may […]

KIB Launches First Biometric Visa Card In Kuwait

Deepak
0
Kuwait International Bank (KIB) has announced the launch of its Biometric Visa Card, which uses the customer’s fingerprint to authorize POS transactions. The new offering will allow Visa Infinite cardholders to enroll their fingerprints on their biometric cards easily instead of requiring a PIN. The next-generation biometric card is based on Zwipe’s platform and dedicated to KIB’s Black Banking segment of customers, in line with the Bank’s digital transformational journey and ongoing efforts to provide its customers with digitally enhanced […]

Areeba to Introduce Biometric Reading in MENA

Deepak
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Areeba sal, a payment processing service provider in the Middle East is strengthening its partnership with the Swiss payment expert, Netcetera. This partnership started in 2020 with the implementation of the latest 3-D Secure protocol, supported by Netcetera’s Access Control Server (ACS). In cooperation with Netcetera, areeba has introduced Out-of-Band authentication (OOB) with biometric reading (fingerprint scan or face recognition) as the most convenient method for its customers and their cardholders to do secure and flawlessly e-commerce transactions. This enables areeba […]

Invixium and IDCUBE signs global partnership

Editor
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Invixium, a global leader in biometric access control and workforce management solutions, and IDCUBE, a provider of the world’s most widely integrated – open platform for Physical Security and Identity Management, today jointly announced the signing of a new technology partnership

UAE adopting low-friction authentication methods

Editor
0
A new report explored today at GITEX from Cisco’s Duo Security confirms that UAE enterprises are taking steps to move away from passwords and adopting low-friction authentication methods to protect the hybrid workforce. While the total number of Duo MFA authentications increased 39% in the past year, biometric authentications grew even faster at 48%.
SNS Mideast

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