Automatic Merchandiser - 26

TECHNOLOGY

The Rise Of Biometrics
What convenience services operators need
to know about this technology

2020 began a new decade
with the pivotal coronavirus
epidemic, which experts have
surmised will significantly
impact the retail industry.
One of these results may be
a boost in the trend toward
cashless payments.

Biometric payment options are
one facet of cashless payments that
has trended, even before the coronavirus laid siege on the U.S. Biometrics
technologies is expected to be a $11.1
billion industry by 2023, according to
a July 2019 press release from Frost
& Sullivan, a research and consulting firm. Still, this technology carries
some security risks and liabilities.

26

Automatic Merchandiser * April 2020

Convenience services operators will
want to develop their awareness of this
technology moving forward this year.
BIOMETRICS, IN BRIEF

"Simply stated, biometric technology is for authentication and/or
identification of a person based on
physical characteristics," said Michael
Kasavana, the MSU/NAMA Endowed
Professor Emeritus from Michigan
State University.
Fingerprints are the most common
form of biometrics in the automated
retail industry in the U.S. Other
examples include facial recognition,
finger vein, walking patterns, voice,
DNA, signatures and iris [eye].
Lincoln Smith, VP of product and
co-founder at Swyft, said what sets

these forms apart is the cost of the
biometric hardware, accuracy of the
scan and the size of the individual's
biometric database file. These database
files can be very large and are often
communicated over a mobile (3G/4G)
connection with limited bandwidth.
Tim Perkins, cloud and internet
services consultant at Tech2Success,
said, "Fingerprint is regarded as the
most economical option at this time,
as the cost of production for readers
has finally dropped in recent years."
Facial recognition is on the industry's horizon though, and biometrics
may help operators with their own
business security since they can be
used for door locks and laptop security, he noted.

132687782 | Evgenii Matrosov | Dreamstime

By Mary Stroka, Associate Editor



Automatic Merchandiser

Table of Contents for the Digital Edition of Automatic Merchandiser

Editor's Note: A bright future for convenience services
Industry News
OCS Update: A cup of coffee with Chip Wann
New Products of the Year Awards
Micro Market Forum: The coronavirus pandemic swiftly becomes operators' number one challenge in 2020
The Rise of Biometrics: What convenience services operators need to know about this technology
Ahead of the Curve: How Tahoe Vending/Sonoran Coffee uses technology to drive business growth
Classifieds
Social Hubs
Automatic Merchandiser - 1
Automatic Merchandiser - 2
Automatic Merchandiser - 3
Automatic Merchandiser - 4
Automatic Merchandiser - 5
Automatic Merchandiser - Editor's Note: A bright future for convenience services
Automatic Merchandiser - 7
Automatic Merchandiser - Industry News
Automatic Merchandiser - 9
Automatic Merchandiser - 10
Automatic Merchandiser - 11
Automatic Merchandiser - OCS Update: A cup of coffee with Chip Wann
Automatic Merchandiser - 13
Automatic Merchandiser - New Products of the Year Awards
Automatic Merchandiser - 15
Automatic Merchandiser - 16
Automatic Merchandiser - 17
Automatic Merchandiser - 18
Automatic Merchandiser - 19
Automatic Merchandiser - 20
Automatic Merchandiser - 21
Automatic Merchandiser - Micro Market Forum: The coronavirus pandemic swiftly becomes operators' number one challenge in 2020
Automatic Merchandiser - 23
Automatic Merchandiser - 24
Automatic Merchandiser - 25
Automatic Merchandiser - The Rise of Biometrics: What convenience services operators need to know about this technology
Automatic Merchandiser - 27
Automatic Merchandiser - 28
Automatic Merchandiser - 29
Automatic Merchandiser - Ahead of the Curve: How Tahoe Vending/Sonoran Coffee uses technology to drive business growth
Automatic Merchandiser - 31
Automatic Merchandiser - 32
Automatic Merchandiser - 33
Automatic Merchandiser - 34
Automatic Merchandiser - 35
Automatic Merchandiser - 36
Automatic Merchandiser - 37
Automatic Merchandiser - 38
Automatic Merchandiser - 39
Automatic Merchandiser - Classifieds
Automatic Merchandiser - 41
Automatic Merchandiser - Social Hubs
Automatic Merchandiser - 43
Automatic Merchandiser - 44
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