In its report, Mobile Biometrics for Financial Services; Market and Technology Analysis, Adoption Strategies and Forecasts 2015-2020, Goode Intelligence predicts that by 2020 over 16 billion mobile biometric payment transactions will be made. Alan Goode noted, “Industry standards, such as IEE 2410 (Biometrics Open Protocol Standard or BOPS), provide a common biometric authentication framework that is user-centric and robust enough to meet the rigorous demands of the financial services industry”.
