Latest news with #MIS
Business Upturn
a day ago
- Business
- Business Upturn
Biometric POS Terminals Market Size to Reach USD 26.17 by 2032, at 13.96% CAGR
Austin, June 20, 2025 (GLOBE NEWSWIRE) — Biometric POS Terminals Market Size & Growth Insights: According to the SNS Insider,'The Biometric POS Terminals Market size was valued at USD 9.20 Billion in 2024 and is projected to reach a valuation of USD 26.17 Billion by 2032, expanding at a CAGR of 13.96% over 2025-2032.' Surging Requirement for Contactless and Safe Payment Methods Augment Market Growth The growing concerns about payment security and burgeoning need for better and contactless transactions are boosting the biometric POS terminals market growth over the projected period. These systems are responsible for integrating advanced technologies, such as palm vein scanning and facial recognition to reduce fraud and improve user authentication, which further makes these technologies highly popular across different sectors including retail, healthcare, and0 banking. The U.S. biometric POS terminals market was valued at 2.76 Billion in 2024 and is projected to reach USD 6.47 Billion by 2032, growing at a CAGR 11.21% over the forecast period. Get a Sample Report of Biometric POS Terminals Market Forecast @ Several key competitors, such as JPMorgan are boosting the biometric technology adoption in the U.S. via devices including Pinpad and Paypad, which further highlights the rising trust in secure solutions despite raising the privacy concerns. Furthermore, the innovations including Tongxin's MIS integrated payment terminals and eSIM-enabled Smart POS devices presented at events, which include Seamless Middle East Fintech 2025, are further boosting the biometric POS global adoption. These trends collectively position the biometric POS terminals as the future of secure and digital payment ecosystems. North America Leads, Asia Pacific Emerges Fastest in Biometric POS Terminal Market In 2024, North America led the Biometric POS Terminal Market with a 44% revenue share, driven by advanced infrastructure, regulatory support, and rising consumer preference for biometric payments. The U.S. spearheads growth with innovations like Verifone's partnership with PopID, integrating facial and palm recognition into POS terminals. Asia Pacific is projected to record the fastest CAGR of 15.74% over 2025–2032, fueled by smartphone penetration, digital payment adoption, and retail expansion, especially in China. Europe is gaining momentum through rising demand for contactless payments and digitalization efforts. LATAM and MEA show steady growth, supported by expanding fintech infrastructure, smartphone usage, and government initiatives promoting secure biometric payment solutions. Biometric POS Terminals Market Report Scope: Report Attributes Details Market Size in 2023 USD 9.20 Billion Market Size by 2032 USD 26.17 Billion CAGR CAGR of 13.96% From 2024 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segmentation • By Technology (Fingerprint Scanner, Palm Vein Scanner, Iris-Retina Scanner, Voice Recognition, Facial Recognition and Others) • By End-user (Restaurant, Retail, Logistics, Medical and Healthcare, BFSI and Others) Purchase Single User PDF of Biometric POS Terminals Market Report (20% Discount) @ Key Industry Segmentation By Technology Driven by its dependability, simplicity of use, and robust security aspects, the fingerprint scanner segment dominated the Biometric POS Terminal Market in 2024 with a 39% share. Its general popularity fits the increasing inclination for safe, contactless payment systems. Driven by developments in AI technology and rising demand for quick, safe, and touchless payment experiences among both stores and consumers, the facial recognition market is expected to grow fastest during 2025–2032 with a CAGR of 16.28%. By End-User In 2024, the retail segment led the Biometric POS Terminal Market with a 26% share, driven by retailers' efforts to enhance customer experience, the growing adoption of secure and contactless payments, and the need for efficient checkout processes. The medical and healthcare segment is expected to witness the fastest growth from 2025 to 2032, with a projected CAGR of 16.66%, fueled by the demand for secure patient identification, contactless transactions, and compliance with stringent data privacy regulations in healthcare environments. Leading Market Players with their Product Listed in this Report are: IDEMIA Ingenico (Worldline) NEC Corporation Fujitsu Ltd. Suprema Inc. Verifone PAX Technology JPMorgan Chase & Co. Zwipe Toshiba Do you have any specific queries or need any customized research on Biometric POS Terminals Market? Submit your inquiry here @ Recent Developments: In Nov 2024, NEC has unveiled a new multimodal biometric technology that enables both face and iris recognition from a single low-resolution image, streamlining authentication for POS, ATMs, and access systems. The compact module is set for commercial rollout by 2026, targeting retail, finance, and entertainment sectors. In JAN 2025, J.P. Morgan Payments has introduced Paypad and Pinpad terminals in the U.S., featuring built-in facial and palm vein biometric authentication for secure, contactless payments. The devices support multiple payment methods and are set for global rollout post-2025. Table of Contents – Major Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Biometric POS Terminals Market Segmentation, by Technology 8. Biometric POS Terminals Market Segmentation, by End-user 9. Regional Analysis 10. Company Profiles 11. Use Cases and Best Practices 12. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
The Hindu
3 days ago
- Health
- The Hindu
Karnataka to roll out Hepatitis B vaccination drive for healthcare workers
With stocks of over two lakh doses of the Hepatitis B vaccine, the Karnataka Health Department is all set to roll out a drive to vaccinate all healthcare workers against the viral infection that causes inflammation in the liver. The drive, being taken up under the National Viral Hepatitis Control Programme (NVHCP), will cover over 56,000 healthcare workers who have reasonably anticipated risks for exposure to infectious materials, including blood or bodily fluids, contaminated medical supplies and equipment, or contaminated environmental surfaces, said a senior official in charge of the programme. According to a circular issued by the State Deputy Director (NVHCP) in this regard on Wednesday, June 18, each healthcare worker will be administered three doses of the intramuscular injection into the upper arm at a gap of one month and six months respectively after the first dose. Hepatitis B vaccine stocks have been supplied by the central division to the state vaccine warehouse in Bengaluru. The stocks are now being dispatched to the district drug warehouses as per the requirement. The vaccine should be administered to all health workers (medical and paramedical staff) working in the sub-centre, primary, and community health centres, and taluk and district hospitals of the respective district, the circular stated. The vaccine supplied to the district drug warehouses should be in coordination with the Reproductive and Child Health (RCH) officers to understand the requirement under the routine immunisation programme. The District Tuberculosis Control Officers should take action in supplying the vaccine and administering it to the eligible beneficiaries. The report of vaccination to the beneficiaries should be entered in the NVHCP/MIS portal, and the staff will soon be trained on administering the vaccine and reporting, the circular added.
Argaam
3 days ago
- Business
- Argaam
MIS secures SAR 86.7M service contract with ETEC
Al Moammar Information Systems Co. (MIS) awarded a competitive bid from the Education and Training Evaluation Commission (ETEC), with a total value of SAR 86.67 million, inclusive of value-added tax. In a statement on Tadawul, MIS said the project aims to provide test administration services, including both computer-based testing at designated centers and remote testing, for examinees under the ETEC. The company clarified that there are no related parties involved. The award was granted on June 17, and the contract is expected to be signed on July 17, 2025.
Zawya
3 days ago
- Business
- Zawya
Saudi IT Group MIS fully divests investment in US AI firm Anthropic
Saudi Arabia-listed Al Moammar Information Systems (MIS) has divested 100% of its investment in American artificial intelligence (AI) firm Anthropic for $9.33 million. The transaction generated $4.26 million in profit for MIS that will be reflected in the second-quarter 2025 financial results, the company confirmed on Tuesday. MIS earlier said it would establish an investment portfolio in global AI companies, as part of its strategy to enhance revenue streams. It initially allocated SAR 40 million for the purpose through self-financing. Last year, MIS invested $5 million in Anthropic as part of a Series D funding round. (Writing by Cleofe Maceda; editing by Seban Scaria)
Time of India
4 days ago
- Politics
- Time of India
Data mismatch emerges ahead of teachers' transfer in Hry
Gurgaon: Blame it on "record flaws", thousands of teachers have been left high and dry. The teacher transfer drive is likely to be postponed from June to Aug following the detection of widespread data inconsistencies between manual records and the management information system (MIS) portal. The delay has caused significant concerns among thousands of teachers — including junior basic training (JBT), primary teaching (PRT) and head teaching (HT) staffers — whose transfer prospects are now uncertain due to these record flaws. Sources said a delegation from a teachers' union recently met with Haryana education minister Mahipal Dhanda, who confirmed that the transfer process, initially slated for June, will now likely occur after July 15, pushing it into Aug. Amid growing concerns, director of basic education Jitendra Dhaiya has directed all officers to verify and update teacher data as soon as possible. This directive aims to rectify the flaws and ensure that the vital information, including current school assignments, is accurately reflected on the MIS portal to prevent further complications. The core issue stems from a mismatch between the data prepared by education department officials and the MIS portal. This discrepancy is not isolated to a single district — the problem has affected the entire state. For instance, in Gurgaon, the MIS portal recorded 1,884 teachers as of April 11, while the report submitted by district elementary education officer listed 1,917 teachers, marking a discrepancy of 33 teachers. The report showed a higher count.
