online payments — Industry Insights, Data, and Solutions For Business Leaders

Facial Recognition For Payments Authentication To Be Used By Over 1.4 Billion People Globally By 2025

A new study from Juniper Research has found that 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. This rapid growth of 120% demonstrates how widespread facial recognition has become.

Nicholas CooperApril 16, 2021facial recognition, Juniper Research, Banking, COVID-19, online payments, transactional digital market

Online Retail Sales to Exceed $6 Trillion in Physical and Digital Goods By 2024, Juniper Research Forecasts

New data from Juniper Research has shown that the total transaction value of remote payments for digital and physical goods will exceed $6 trillion by 2024; representing a growth rate of 53% from 2019.

Lane CooperSeptember 17, 2019juniper research, Online retail, mobile payments, online payments, digital-first, mobile-first