Modern biometric advances have led to numerous technical developments, and their impacts are about to have an impact on how organizations conduct their daily operations. Every year, new technical developments emerge, and organizations must stay current. In terms of applications, biometric technology’s future is limitless and places a focus on improved data security.
It is equally important to shift toward cutting-edge solutions that help firms streamline their operations as a result of regulatory changes. The roads toward safe connectivity and personal privacy have become more accessible thanks to fingerprints, voice recognition, and facial identification. Innovative biometric approaches make it simpler to address fraud, tax evasion, and money laundering.
Top 10 Trends In Biometrics And Digital Identity
The top 10 biometric technology trends that companies should be on the lookout for in 2022 are as follows:
1: Cyberattacks Change For The AI Age
As machine learning (ML) and artificial intelligence (AI) capabilities become more prevalent in our daily lives, cybercriminals have gotten more skilled at detecting target systems and using tech-driven tools. Criminals are now relentlessly and repeatedly attacking systems every day, focusing on weak places, while artificial intelligence is improving its tactics. A deep fake, which impersonates the facial characteristics of victims to trick identification systems, is an example of an AI-based cyberattack. As a result, in 2022, the rate at which these intricate threats are evolving will quicken.
2: Identity Verification Systems Maintain The Trustworthiness Of The Sharing Economy
Sharing economy platforms are used to connect people through P2P services and are searching for creative ways to establish their legitimacy. In this industry, ID verification using an unshareable credential will likely be used more frequently by 2022, enabling businesses to offer services that can increase customer satisfaction and establish their credibility.
3: The Importance Of The Unshareable Credential Will Increase
Limiting authentication to a specific person is a significant difficulty for many industries, from the financial sector to educational institutions and the sharing economy. It is challenging to confirm the reliability of both the clients and the drivers when ride-sharing firms are involved. Despite this, it can be difficult for businesses to maintain a check and balance on the driver to determine whether registered enterprises are fulfilling their obligations or not. In a world where electronics and credentials can be openly shared or illegally acquired, biometric authentication will become more and more popular.
4: The Impact Of Regulation On Innovation
In 2022, it’s anticipated that the Electronic IDentification Authentication and Trust Services (eIDAS) standard would change. This automated system enables businesses to confirm the legitimacy of clients’ identification documents and identities. By enabling online interaction, reducing the environmental impact of travel, boosting productivity, and providing a low-cost alternative to support international trade for economic growth, eIDAS will promote greater inclusiveness.
Businesses and individuals alike may anticipate a significant effort in Europe in 2022 to boost trust in electronic transactions, validate their legitimacy, and provide safe access to services. As adopts novel concepts like citizen wallets and verifiable credentials, SaaS providers will develop technologies to make compliance with new standards simpler and to hasten the supply of digital trust.
5: Stores With No Staff
The idea of staffless stores was born. Customers in these stores are required to download the mobile application, which must be scanned upon entry. Additionally, clients are verified using facial biometric recognition technology supported by AI.
Additionally, a series of digital cameras have been installed to monitor customers while they shop and record all of their activity, including the products they put in bags. Although many pilot staffless stores have been established, testing has not yet begun. However, such stores won’t start to appear frequently until 2022.
6: Adoption Of NFC-Powered Solutions In The Travel Sector
Transit networks all across the world are using contactless solutions to make it safer for people to travel on planes, trains, and buses. Public transportation and activities have changed and service providers are aware that they must overcome new challenges to preserve and foster confidence as well as increase usage.
Businesses are using biometric technology solutions to promote a safer travel environment, from mask compliance to disinfection initiatives. Additionally, clients using NFC-based payments will be able to pay by just tapping their chip-based ID card on the NFC-enabled terminal device.
7: The Use Of Continuous Biometric Authentication Will Increase
This offers real-time authentication and lowers the danger of illegal operations like hacking or database breaches. Many technology analysts predict that biometric technology will be commonly used in the continuous authentication process as the idea of zero trust becomes more prevalent in the cybersecurity industry. Businesses and people prefer biometric verification solutions over depending on traditional passwords because they offer high-security possibilities.
For instance, modern cars with advanced technology have automatic doors and will not start if someone leaves the car with the key in their pocket. The car will, however, unlock when the user comes back. However, this invention has vulnerabilities that are simple to exploit. However, the key can be made secure by incorporating biometric technologies, such as facial recognition.
8: Biometrics That Are Behavioral
Human behavior such as voice recognition, dynamic keystroke patterns, and facial analysis are all included in this sort of biometrics. The field of biometric technology is still developing, though. This is far more credible than other kinds of verification and necessitates the use of other biometric modalities.
9: Biometrics On The Cloud
The advancement of biometric identification and cloud technologies are complementary. Cloud-based biometric solutions seek to integrate several components into systems that may serve consumers’ needs, not just those related to security. Thus, SaaS will develop multi-factor authentication solutions that will successfully thwart identity theft and data breaches in the coming years by fusing cloud services with biometric technologies.
10: Multimodal Authentication
As cutting-edge technologies emerge over time, biometric solutions grow in sophistication. Multimodal biometric verification can give digital enterprises an additional degree of protection. However, biometric-enabled anti-spoofing technologies are being created in response to the increase in spoof assaults, and they are very helpful in spotting fraudulent activity.