The Versatility of Enhanced
Biometric Resources

Beating Benchmarks with Biometrics

Biometrics has a long-standing history as a cutting-edge resource deployed within several industries. Its versatility has enabled optimized property security and the safeguarding of digital and financial assets. As industries continue realizing the value of data, the rise of software solutions dedicated to mitigating cybercrime increased exponentially. The Biden Administration's recent call to allocate $98 million to software-based resources designed to counter cyber-based crimes reinforces the increased severity of cybercrime, prompting companies and officials to reevaluate security measures.

The advent and evolution of biometrics by dedicated software professionals have resulted in high-tech yet convenient resources for end-users and industry personnel to deploy within their respective application needs. Biometrics ultimately created new benchmarks for identity applications within law enforcement due to its sophisticated deployment of complex algorithms attributed to Artificial Intelligence. Law enforcement embracing biometrics augmented with AI reduced the workforce required to expediently close investigations by redirecting identification processes to biometrics.

Traditional fingerprinting methods were paired with computers, but historically, the initial software-based technology took excessive time to confirm identities properly. Today, law enforcement can use advanced biometrics to scan a suspect’s eyes to confirm identity immediately. This method is the least invasive, eliminates fraudulent efforts to conceal identity, and expediently confirms identity. Biometrics implemented within the law enforcement industry has undeniably created a new benchmark within law enforcement optimization.

Propel Property Management with Biometrics

Fortune Business Insights has projected the global property management software market to exceed $42.89 billion by 2030, offering software developers opportunities to grow revenue streams steadily. Property management remains a lucrative market for biometrics due to the significant demand for residential and commercial properties and calls for securing such costly investments.

Automated fingerprint identification continues to be widely implemented within the property security industry to instantly verify residents, guests, and maintenance companies, and monitor how individuals use building amenities. Paired with easily accessible hardware, the industry continues recognizing automated fingerprint identification as an affordable resource that streamlines the building security/entry process.

Mobile biometrics and its application within property management have transformed how individuals access buildings. With skilled software designers boosting connectivity features of mobile devices, a building resident can easily unlock doors via their mobile device coupled with Natural Language Processing (NLP) and delivered via the Internet of Things (IoT). The fusion of IoT and NLP utilizes complex algorithms to expediently decipher speech and transform the language input into data commands, prompting devices such as a Smart Lock to open a door on command. Conversely, the resource is easily deployed to remotely secure a home or property investment.

Streamlining Travel with Biometrics

With stringent TSA regulations attributed to 9/11 and revised protocols due to the global pandemic, the travel industry is seeking resources to rebound from revenue loss and transform personnel and guest experiences while ensuring modernized security measures are deployed. With airline industry trade groups reporting steady increases in cybersecurity budgets and significant financial allocations for software-based solutions to optimize cybersecurity, biometrics has enjoyed a lucrative market. The airline industry continues deploying biometrics to streamline traveler identity verification requirements, reducing wait times associated with more traditional, manual-based protocols to check in guests and monitor potential security threats.

Reduced wait times for airport check-ins improve the customer experience, a common goal airports share. Augmented facial recognition software enables streamlined passenger check-in and identity verification. Biometric software algorithms carefully analyze the facial image and compare it with a traditional form of identification, such as a license to confirm the guest's identity. The government-issued identification previously recorded by personnel would be compared with the facial recognition data.

Additionally, the airline industry can deploy facial recognition software augmented by dedicated software developers to scan all areas of an airport for potential security threats attributed to individuals wanted by law enforcement. Instead of manually checking all guests and examining identifications, the augmented facial recognition software can be deployed to immediately scan guests, passengers, and personnel and, via connected devices, expediently disseminate findings to law enforcement and airport security. This eliminates bottlenecks and reduces invasive methods of impeding travelers by stopping large groups for questioning.

Banking on Biometrics: A Bright Future

The versatility of biometrics augmented by dedicated software designers enables successful application across several industries. Paired with AI, NLP, and, more recently, enhanced voice recognition, biometrics offers industries another invaluable resource to strengthen cyber- and physically-based security protocols.

Implemented within the financial industry, biometrics promotes self-directed client services by facilitating consumers' ability to open bank accounts independently. Using connected devices, end-users can efficiently begin mobile banking by photographing a government-issued identification and submitting it to their financial institution of choice. Facial recognition software immediately confirms the end user's identity, creating a convenient mobile banking experience where an account holder can scan their face within the bank's mobile app. Banking personnel will also have an additional security resource on file for accurate identity confirmation and a proactive method to deter fraud while optimizing document management processes.

Biometrics has a bright future because officials and end-users conveniently utilize it. It requires reasonable expenses, making it a cost-effective solution for industries seeking affordable software solutions to optimize security. Deployed within the property management, financial, and travel industries, we see this as a proven, mutually beneficial resource for officials, industry personnel, and end-users. With Fortune Business Insights reporting the global valuation of biometrics at $30.77 billion, we see enhanced biometrics as a steady revenue stream for software specialists seeking to capture market share.