Biometrics for Banking (2018) Market & Technology Analysis, Adoption Strategies and Forecasts to 2023: ~1.9 Billion Bank Customers Will be Using Biometrics by the End of 2020 - ResearchAndMarkets.com

DUBLIN--()--The "Biometrics for Banking; Market and Technology Analysis, Adoption Strategies and Forecasts 2018-2023 - Second Edition" report has been added to ResearchAndMarkets.com's offering.

Biometric vendors are experiencing tremendous growth on the back of the escalation of consumer-led adoption of biometric authentication.

The adoption for banking purposes is a major contributor to this growth and the researchers forecast that by 2023 it will contribute US$4.8 billion in revenue for companies involved in delivering biometric systems to the banking industry.

Biometrics for banking is increasingly a vital part of a bank's toolkit in the never-ending task of reducing financial fraud and ensuring that customers can conveniently prove their identity when accessing bank services - resulting in smarter identity verification and authentication for the customer-first bank.

The report identifies that by the end of 2020, some 1.9 billion bank customers will be using biometrics to:

  • Withdraw cash from ATMs
  • Prove their identity when contacting their bank via telephone (both actively and passively)
  • Prove identity for digital onboarding using their face
  • Access digital bank services through an increasing number of connected IoT devices including smart home devices and via connected car and smart city services
  • Authenticate into a mobile bank app using their biometric, either using an embedded sensor or through an app or SDK, and
  • Use a combination of biometric modalities (face and voice for instance) to initiate money transfers when accessing web-based eBanking services

Key Topics Covered

  1. Foreward
  2. Author
  3. Methodology
  4. Regional Definitions
  5. Executive Summary
  6. ES1: Report Scope
  7. ES2: Market and Technology Analysis
  8. ES3: Forecasts
  9. Market and Technology Analysis
  10. Market Drivers and Barriers
  11. Banking Biometric Regulation and Technology Standards
  12. Technology Standards
  13. Technology and Market Adoption
  14. Biometrics For Banking
  15. Biometrics in the Bank Branch
  16. Biometrics for Electronic Banking - Web-Based Banking
  17. Biometrics for Telephone Banking / Contact Centre - Featuring IoT Smart Speaker Banking
  18. Biometrics for Mobile Banking - Featuring Wearables
  19. Biometrics for ATM
  20. Behavioral Biometrics
  21. Eye (Ocular) Biometrics
  22. Face
  23. Fingerprint
  24. Camera-Based Fingerprint Biometrics - Touchless
  25. Heart - ECG
  26. Voice
  27. Finger Vein
  28. Methodology and Assumptions
  29. Biometrics for Banking Forecasts
  30. Appendices

Companies Featured

  • Amazon
  • American Express
  • Apple
  • BehavioSec
  • BioCatch
  • Deutsche Bank
  • Fingerprint Cards
  • First Bitcoin Capital Corp.
  • Fotonation
  • Fujitsu
  • Garanti Bank
  • GBG IDScan
  • Gemalto
  • Getin Bank
  • Hitachi
  • Isbank
  • MasterCard
  • Microsoft
  • Mitek Systems
  • Natwest Bank
  • NICE
  • Planet Cash
  • Princeton Identity
  • Qualcomm
  • RBS
  • Redrock Biometrics
  • Royal Oman Police
  • RSA Security
  • Samsung
  • Vasco/OneSpan
  • Verint
  • VISA
  • Wincor Nixdorf
  • ZTE
  • Zwipe

For more information about this report visit https://www.researchandmarkets.com/research/6jmj42/biometrics_for?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Biometrics

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Biometrics