Biometric Mobile Payments Set to Exceed $1 Trillion by 2027

The value of biometrically authenticated remote mobile payments will reach an estimated $1.2 trillion globally in five years’ time, up from just $332bn today, according to a new study. Juniper Research evaluates the transition from traditional security like PINs and passwords, to biometric authentication, in its paper, Mobile Payment Biometrics: Key Opportunities, Regional Analysis & Market Forecasts 2022-2027.

Link: Biometric Mobile Payments Set to Exceed $1 Trillion by 2027
via http://www.infosecurity-magazine.com

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