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Article: Mentis Corporation's Research Reveals That Biometrics Will Increasingly Be Used By The Financial Services Industry
- Article from:
- PR Newswire
- Article date:
- August 26, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DURHAM, N.C., Aug. 26 /PRNewswire/ -- The recently released Mentis Corporation Report, "Beyond the PIN: Evolving Strategies and Implementations of Biometrics-Based Recognition for Financial Services," reports that the financial services industry will continue to increase investing in biometric technology. The report provides an overview of biometric technology, as well as an analysis of the trends in biometrics usage within the financial service industry.
Estimated usage of biometrics is predicted to increase from 8,550 devices in use in 1996 to more than 50,000 in the year 2000 across all industries. While revenue for this developing set of technologies is estimated ...