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70% firms using biometric authentication will use smartphone apps: Gartner
The factors driving this shift are lower costs and improved user experience/customer experience (UX/CX) is fuelling this increasing interest in biometric authentication
According to Gartner, Inc., 70 per cent of organisations using biometric authentication for workforce access will implement it via smartphone apps in the near future. In 2018, this figure was less than 5 per cent. The factors driving this shift are lower costs and improved user experience/customer experience (UX/CX) is fuelling this increasing interest in biometric authentication. “Security and risk management leaders, responsible for identity and access management and fraud prevention, continue to seek approaches for identity corroboration that balance trust and accountability against total cost of ownership and UX/CX,” said Ant Allan, research vice president at Gartner. He added that biometric authentication uses biological or behavioural traits unique to each person and offers better UX/CX and accountability than other methods. “Implementing this via smartphone apps provides more consistency in UX/CX and is technically simpler than supporting it directly on a variety of different endpoint devices.”
New avenue
If the UK real estate market faces the expected backlash due to Brexit, some Indian buyers may decide to take the plunge and buy more, which traditionally high prices have kept them from doing, says ANAROCK Property Consultants. “Housing prices in London remained remarkably subdued in 2018. This fact was also seen as an opportunity for hawk-eyed Indian property buyers who had been waiting to take the plunge into the exorbitantly high-priced UK real estate market,” says Anuj Puri, chairman ANAROCK. He said that ultra-high-net-worth Indians who had previously been investing large sums in other destinations like Dubai are now seriously mulling the option of including London in their real estate portfolio. Some key factors that continue to make London attractive to Indian real estate investors include its language, market transparency, a convenient time zone, overall friendly laws and an established ecosystem of expertise.
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