Ten Top Trends for Biometrics & Digital Identity
The following are Acuity’s prognostications for how the markets for Biometrics and Digital Identity will develop in 2017. Over the next few weeks, I will elaborate on each one. Stay tuned …
#1: Behavioral biometrics on smartphones AND associated privacy issues and PII concerns will go mainstream.
#2: Iris biometrics breakout as smartphone availability drives consumer acceptance up and price points down.
#3: Security impact and liability implications of PII via Iot begin to sink in with Enterprise Executives.
#4: Cloud based biometrics are recognized as critical Infrastructure for global digital payments and commerce platforms.
#5: Link between digital identity, smartphones & mobile & stationary #smart devices begins to be monetized
#6: New monetization models for digital identity emerge, shifting power from commercial enterprises to consumers.
#7 Secure mobile smartphone credentials drive infrastructure development with migration from tests and pilots to deployments.
#8: Many fintech innovators are swallowed by large BFSIs thwarting their impact on industry transformation.
#9: A handful of fintech standouts committed to disruption emerge as potential threats to the status quo.
#10: Biometrics and digital identity begins to be understood as a force for social justice, equity, privacy, and accessibility.
Filed under: Biometrics, Disruption, e/mCommerce, Market Forecast, Market Insight, Market Research, Mobility, Payments, Smart Devices | No Comments »