Contactless palm vein scanners are becoming popular, especially after Amazon unveiled its palm vein biometric solution for grocery payments.
After COVID-19 increased demand for contactless solutions, facial recognition was seen as the replacement for fingerprint sensors in access control. However, recent developments like the Amazon One, a palm vein scanner for grocery payments, have opened discussions on the use of palm vein biometrics in access control. This becomes even more relevant as
concerns continue on the efficiency of facial recognition when people use masks.
The research agency Mordor Intelligence expects the palm vein biometrics market to grow at a CAGR of 12 percent between 2020 and 2025. Banking, financial services, and insurance sectors are expected to adopt...