Security News > 2021 > April > Number of users of software-based facial recognition for payments to surge

The number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020, a Juniper Research study reveals.

This rapid growth of 120% demonstrates how widespread facial recognition has become; fuelled by its low barriers to entry, a front-facing camera and appropriate software.

The research identified the implementation of Face ID by Apple as accelerating growth of the wider facial recognition market, despite the challenges to facial recognition during the pandemic with face mask use.

The research recommends that facial recognition vendors implement robust and rapidly evolving AI‑based verification checks to ensure the validity of user identity, or risk losing user trust in the authentication method as spoofing attempts increase.

Research co-author Susan Morrow explains: "Hardware-based facial recognition is growing, but the ability to carry out facial recognition via software is limiting its adoption rate. As the need for a secure mobile authentication environment grows, smartphone vendors will need to increasingly turn to more robust hardware-based systems to keep pace with fraudsters' evolving tactics."

The research also found that the use of voice recognition for payments is increasing, from 111 million users in 2020, to over 704 million in 2025.

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