Category
Tech
Delegated Interfaces
Trend cluster
Category
Multi-Step
Identification
Institutions take on identify theft with multi-step authentication.
3.9
Trend score
Trend
What is the Multi-Step Identification trend?
Multi-Step Identification: Taking the growing concerns over identify theft into account, institutions and government services are turning to more elaborate security measures for protection. Implementing everything from biometric technology to hack-proof software and multi-step authentication, services are not only seeking to thwart on-going threats, but they're doing so in a way that combines various technological solutions.
Trend themes
Themes within the Multi-Step Identification trend
Three behaviours holding the trend together01
Biometric Authentication
Business professionals in the banking and ID verification industries can explore innovations in biometric authentication using fingerprint, facial voice, and thumbprint recognition for more secure, streamlined customer experiences.
02
Token-Based Security
Opportunities in cybersecurity can be found in creating hardware or software solutions like USB dongles or blockchain-based technology for multifactor authentication, reducing the need for passwords to protect online identities.
03
Vibration-Based Authentication
Startups and researchers can look into lower-cost vibration-based authentication methods for securing digital identities, such as finger vibration-based authentication or biometric authentication platforms.
Industry implications
What the Multi-Step Identification trend means for industry
Where the trend changes the playbookFor
Banking
Banking professionals can explore opportunities to incorporate biometric authentication and token-based security measures to provide customers with more secure, user-friendly mobile banking experiences.
For
ID Verification
Governments and corporations can look into integrating biometric authentication and blockchain-based technology to enhance ID verification processes in areas such as immigration, drivers license issuing, and residency cards.
For
Cybersecurity
Professionals in cybersecurity can create token-based security solutions like USB dongles, and blockchain-based authentication to replace passwords while also exploring alternative authentication methods like finger-vibration based authentication.
Workshop question
With growing paranoia around information sharing, how can you earn the trust of your consumers via digital engagement?
Trend signals
Trend signals for Multi-Step Identification
Trend score 3.9 out of 10, from popularity 60%, activity 49%, freshness 8%.
Popularity60%
Activity49%
Freshness8%
Audience
50%Men
50%Women
- Gen Alpha
- Gen Z
- Millennial
- Gen X
- Boomer
Market
North America
Europe
Asia-Pacific
South America
Africa
Evidence
Examples of the Multi-Step Identification trend
9 featured examples from Sep 9, 2015 to Jul 30, 2018CategoryTech
Biometric Identification Platforms
VerifyMe's System Measures Faces, Voices, Retinas and More
Implementing VerifyMe's ID services platform presents the opportunity for the finance industry to replace traditional passwords and pins with advanced biometric security technolog…
CategoryTech
Biometric Credit Cards
Mastercard is Trialing a Thumbprint Credit Card for Added Security
Disruptive innovation opportunity in the banking industry by integrating biometric technology into credit cards for enhanced security measures.
CategoryTech
Password-Eliminating USB Keys
Yubico's YubiKey USB Dongles Now Work With Windows 10
The cybersecurity industry can capitalize on the trend of passwordless authentication by developing and marketing new solutions that are more secure and user-friendly.
CategoryTech
Smart Citizenry Cards
The Gemalto Government ID Program Provides Unparalleled Security
The Gemalto Government ID Program provides disruptive innovation opportunities for government organizations seeking enhanced security and streamlined processes.
CategoryTech
Finger Vibration Security Systems
The VibWrite System Uses Biometric Authentication Technology
VibWrite's finger vibration authentication technology has the potential to disrupt the traditional biometric security industry.
CategoryTech
Tangible Computer Security Keys
The Titan Security Key Gives Users an Extra Layer Of Cybersecurity
The technology industry can leverage the trend of physical cybersecurity keys to develop innovative products that provide users with secure and convenient authentication solutions.
CategoryTech
Fingerprint-Based Banking Services
This App Uses Fingerprints to Verify a Customer's Identity
Exploring new ways to enhance security and improve user experience in digital banking.
CategoryTech
Anti-Fraud ID Cards
CryptID Boasts Enhanced Security Features That Prevent Identity Theft
CryptID's digital ID card system with enhanced security features presents disruptive innovation opportunities for government institutions relying on traditional identification met…
CategoryTech
Blockchain-Based 2FA Technology
Hydro Autheticator Offers Ultra-Secure Two-Factor Authentication
The cybersecurity industry can benefit from implementing blockchain-based 2FA technology like Hydro Authenticator to provide more secure options for their clients.
