Biometric hardware shipments on course to recover to pre-COVID levels
Total worldwide biometric device shipments fell from 4.1 million in 2019 to 3.4 million in 2021 and recovered slightly to 3.6 million in 2022, with global trends impacting usage in banking, financial services and insurance (BFSI) sectors. According to a new report by technology intelligence firm ABI Research, geopolitical and macroeconomic events, including the conflict […]
UK banks prevented £1.66bn of fraud in 2018
Latest figures have revealed that £1.66 billion of fraud was prevented by the banking industry last year. The industry research, Fraud the Facts 2019, published by UK Finance, found that the figures were made up by various fraud attempts, including: £1.12 billion in attempted unauthorised card fraud £318 million in attempted unauthorised remote banking fraud […]
