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Biometric Convenience

Biometric financial features make banking easier than ever

Implications - Financial institutions are rolling out high-tech options for consumers when it comes to accessing their banking accounts. By adopting biometric passwords and logins, banks are not only serving to alleviate concerns around security, but helping satisfy the needs of increasingly busy consumers as well.
Workshop Question - How is your brand adapting to the new age of hyperconvenience?
Trend Themes
1. Biometric Authentication - Banks and businesses are exploring secure biometric authentication tools that do away with issues that come with traditional passwords.
2. Fingerprint Scanning - Fingerprint authentication and scanning is becoming more and more widespread, including in banking and consumer goods such as safe boxes, boarding passes, and authentication systems.
3. Palm Scanning - Palm scanning identification and payment system is becoming more prevalent globally, from ATMs, to student payments, to shopper payment systems.
Industry Implications
1. Banking and Financial Services - Biometric authentication is becoming more widespread in banking and financial services, from eye-scanning ATMs to mobile app verification.
2. Consumer Goods and Services - Fingerprint scanning technology is being incorporated into consumer goods such as safe boxes, and boarding passes, while palm-scanning identification and payment systems are being developed for shoppers.
3. Education and Student Services - Student services are taking advantage of palm-scanning identification systems to make payments at school cafeterias, such as the system being tested at the Copenhagen Business School.
3.5
Score
Popularity
Activity
Freshness
Patterns
Megatrends
8 Featured, 66 Examples:
112,876 Total Clicks
Date Range:
Oct 15 — Apr 18
Trending:
Average
Consumer Insight Topics:

Featured Examples

Biometric USB Fingerprint Scanners
Biometric USB Fingerprint Scanners
The Synaptics Fingerprint Reader Enables Authentication Quickly
Fingerprint authentication is leading the way in biometric security around the world, so the Synaptics Fingerprint Reader is designed to help bring it to nearly any system desired. Featuring the... MORE
Biometric Boarding Pass Replacements
Biometric Boarding Pass Replacements
Delta is Replacing Boarding Passes with Fingerprint Scans
Delta is incorporating fingerprint scans into the Reagan Washington National Airport, an optional process that is available for members of the airline’s loyalty program SkyMiles. The... MORE
Biometric Banking Apps
Biometric Banking Apps
Tangerine's Mobile Banking App Allows Launch Eye and Voice Verification
Tangerine now has the first banking app in Canada to allow users to identify themselves with their just own eyes or voice, signaling a new era of biometric banking. The iOS app allows a Tangerine... MORE
Palm Print Payments
Palm Print Payments
Lotte Card's 'Hand Pay' Lets Consumers Pay by Scanning Their Palm
Korean credit card company Lotte Card recently launched ‘Hand Pay’ as a biometric payment service in the world that allows shoppers to pay for their purchases simply by scanning the palm... MORE
Biometric Student Payments
Biometric Student Payments
Copenhagen Business School Now Offers Finger Scanners for Students
Those who are studying or visiting the Copenhagen Business School (CBS) now have the chance to leave their cash, cards and smartphone at home and instead opt to pay for their lunch using only a... MORE
Eye-Scanning Bank Machines
Eye-Scanning Bank Machines
Citibank's Eye-Scanning ATMs Will Be Secure and Efficient
USA-based international banking giant Citigroup is testing a pair of eye-scanning ATMs. These high-tech bank machines will scan customers’ eyeballs with their smartphones, rather than ask them... MORE
Palm-Scanning ATMs
Palm-Scanning ATMs
Japan's Ogaki Kyoritsu Bank is Experimenting with Biometric Identification
The Ogaki Kyoritsu Bank in Japan is now planning to make a palm-scanning biometric identification system the norm at its branches. This means that the bank’s customers will be able to leave... MORE
Fingerprint-Scanning Safe Boxes
Fingerprint-Scanning Safe Boxes
The Winbest Biometric Safe Keeps Valuables Securely Stored
Biometric technology has been slowly integrated into consumer lifestyles over the past several years thanks to solutions like fingerprint scanners on smartphones, which have paved the way for... MORE

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