Digital identity checks could rise 20 percent

Biometric fingerprint technology markets that do not involved shared devices, such as smartphones or payment cards, should be unaffected by the fallout from the coronavirus outbreak, according to a blog post from Goode Intelligence. The large-scale deployment of biometric payment cards will be delayed by one to two years, however, according to the research and consulting firm.

For shared devices such as ATMs, POS devices, door locks and kiosks, contactless technology, whether for fingerprints or not, may be reconsidered for deployment by organizations.

Sthaler is an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale. The company developed Fingopay, using VeinID technology, in partnership with Hitachi. Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 0.9% holding in Sthaler.

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