On the Expected Increase of Mobile Transactions Authenticated Through Biometrics

Authors

  • Loren Barcenas Florida Atlantic University Digital Library
  • Koray Karabina

Abstract

Biometrics, the identification of specific individuals by unique physical characteristics – like fingerprints,
irises, or facial features – promises greater convenience and security than traditional
methods since physical features cannot be lost or forgotten. Our study explores practical implementations
of biometrics, especially its projected growth in the field of mobile transactions.
Our study supports the claim that usage of biometric systems, especially in the authentication
of mobile transactions, will significantly increase despite security and privacy breaches. Because
biometrics is a relatively new technology with little previous data, we circumvent this issue by
correlating its usage to that of smart phones to analyze statistics to create regression analyses.
According to our findings, the number of biometric users will increase from $7.72 billion in 2014
to $10.26 billion in 2019, thus it would be prudent to invest in biometrics by implementing more
systems, and creating more reliable systems based on new standards.

Downloads

Published

2017-04-18

Issue

Vol. 6 (2017): FAU Undergraduate Research Journal

Section

Articles

License

  • Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  • Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  • Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).