PSD2 & Open Banking Biometric Authentication
SKU
MRR-437896AA398A
Region
Global
Publication Date
February 2024
Delivery
Immediate
2022
USD 5.12 billion
2030
USD 11.18 billion
2023
USD 5.64 billion
CAGR
10.26%
PSD2 & Open Banking Biometric Authentication Market by Function (Authentication & Authorization, Content Based Attacks Detection, Data Encryption), End Users (Banks, Customers, Marchants) - Global Forecast 2023-2030

[186 Pages Report] The PSD2 & Open Banking Biometric Authentication Market size was estimated at USD 5.12 billion in 2022 and expected to reach USD 5.64 billion in 2023, at a CAGR 10.26% to reach USD 11.18 billion by 2030.

PSD2 & Open Banking Biometric Authentication Market
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The second payment services directive (PSD2) is a regulation in the European Union aimed at reshaping the payment landscape by introducing enhanced consumer protection and fostering innovation among payment services. A foundation of PSD2 is the strong customer authentication (SCA) mandate, ensuring that electronic payments are safeguarded by at least two verification elements categorized as knowledge, possession, and inherence. Within this framework, biometric authentication has emerged as a critical tool in open banking, offering a secure and user-friendly way to authenticate users through unique biological attributes such as fingerprints, facial recognition, or iris scans. Embracing biometrics aligns with PSD2's security directives and also elevates user experience by eliminating dependency on conventional tokens or passwords, thereby mitigating fraud risks and streamlining access to financial services. The advent of mobile banking applications has catalyzed a notable upsurge in the integration of biometric authentication within the financial sphere, driving the adoption of PSD2-compliant and open banking biometric solutions. This is complemented by the escalating significance of application program interfaces (APIs) across financial sectors, optimizing the synergy between various banking services and applications. Further propelling this trend is the imperative need to mitigate high-security risks associated with financial transactions, underpinning the necessity of robust multi-factor authentication mechanisms. However, the substantial costs involved, alongside the potential for inaccuracies and false positives that could undermine system efficiency, hinder the adoption of these solutions. Despite these hurdles, there are profound opportunities on the horizon; financial institutions are increasingly pivoting online, prompted by customer-centric regulatory enhancements, presenting ripe conditions for tech startups to innovate in the biometric authentication domain within the PSD2 and open banking biometric authentication market.

PSD2 & Open Banking Biometric Authentication Market - Global Forecast 2023-2030
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Function: Growing significance of real-time identity and access management systems

Authentication and authorization form the core of PSD2 and open banking biometric authentication. They ensure that access to financial data is strictly regulated and that only the rightful users can initiate and validate transactions. Detection systems focused on content-based attacks help in identifying malicious attempts that could be hidden within the transaction data or requests, thereby protecting both the customer and the financial institution. Data encryption is vital in safeguarding sensitive financial data in transit and at rest. Identity tracking mechanisms are important in monitoring and recording the usage of the banking infrastructure to prevent and trace unauthorized activities. Ensuring the integrity and validity of messages exchanged between banks, service providers, and customers is essential to prevent tampering and fraud. Traffic management tools are necessary to ensure the banking infrastructure can handle the load of requests without compromising on performance or security.

End Users: Higher deployment of PSD2 and open banking biometric authentication solutions by merchants for reducing friction in payment processes

Banks are primarily interested in implementing biometric authentication to enhance security and compliance with regulatory standards while improving the customer experience. High accuracy, reliability, and rapid authentication processes are crucial for them to minimize fraud and build customer trust. For customers, the priority lies in the convenience and ease of use that biometric authentication provides. They prefer seamless and secure access to their banking and payment services. There is also an increasing awareness and expectation for personalized and frictionless financial experiences. Merchants prioritize the reduction of cart abandonment rates and the provision of secure, yet expedient checkout experiences. Biometric authentication can help achieve these goals by streamlining the payment process and reducing the risk of chargebacks and fraud. Payment service providers (PSPs) are focused on offering a broad spectrum of secure payment options that can integrate with various merchant platforms. They require scalable and interoperable biometric solutions that can support a diverse range of payment methods and cater to different regulatory environments.

Regional Insights

In the Americas, the adaptation to PSD2 and open banking biometric authentication has seen a gradual increase, with the market showing a positive trajectory for digital payment methods. Financial institutions in North America, particularly in the United States and Canada, are investing substantially in biometric technologies to meet the growing demand for secure and convenient authentication methods. Latin America is also witnessing growth in PSD2 and open banking biometric authentication adoption, spurred by regulatory changes and digital transformation initiatives among banks aiming to improve financial inclusivity. In the EMEA region, the market for PSD2 and open banking biometric authentication has shown robust growth, primarily influenced by the European Union's regulatory framework. The PSD2 directive has been a major catalyst in this market, as it emphasizes strong customer authentication (SCA), where biometrics play a pivotal role. European financial institutions are actively incorporating biometric technologies to comply with these regulations and to offer a more personalized banking experience. The Middle East and Africa are also seeing emerging adoption trends, with financial sectors innovating to include biometric systems for identity verification and transaction authentication. Within the APAC region, the adoption of PSD2 and open banking biometric authentication is varied, with advanced economies including Japan, Australia, and Singapore, being at the forefront of implementation. These countries are early adopters of innovative banking technologies, and there is an increasing preference for PSD2 and open banking biometric authentication solutions due to their enhanced security and convenience. Emerging economies in this region have also started embracing biometric authentication systems, aligning with the shift towards digital banking services.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the PSD2 & Open Banking Biometric Authentication Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the PSD2 & Open Banking Biometric Authentication Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Tell Money Limited Partners with Moorwand for PSD2 Compliance

    Tell Money Limited, a PSD2 compliance solutions provider, has formed a strategic alliance with Moorwand, an e-money institution (EMI). This partnership is poised to bolster regulatory adherence, safeguarding EMIs from the perils of non-compliance, including thorough investigations, hefty fines, and operational limitations. As part of the collaboration, Moorwand is expected to leverage tell.money's flagship product, tell.gateway, to expedite the deployment of an all-encompassing PSD2 solution. [Published On: 2023-12-08]

  • Banfico and InfoCert Announce Exclusive Partnership to Offer Open Banking / PSD2 Certificates from Banfico’s OB Directory

    Banfico Ltd, a provider of open banking technology solutions, has announced its collaboration with InfoCert S.p.A, Europe's certificate authority, to bolster security in its OB directory service. Renowned for verifying open banking certifications and enabling real-time third-party provider (TPP) regulatory status checks, Banfico's offering is now further reinforced by InfoCert's security and trust service expertise. This partnership facilitates banks and TPPs in obtaining and managing their open banking certificates, such as QWAC/QSealC or OBWAC/OBSealC, through the open banking directory, ensuring adherence to regulatory standards and safeguarded financial data transactions throughout Europe. [Published On: 2023-05-25]

  • Shanghai Commercial Bank Taps Salt Edge for PSD2 Compliance Solution

    Shanghai Commercial Bank, based in Hong Kong, has strategically allied with Salt Edge to embrace PSD2 compliance for its online banking functions, tapping into the innovative realm of open banking to enrich customer experiences. This partnership positions Shanghai Commercial Bank to extend a more connected financial management experience to its customers, empowering them with secure access to external applications and thus enabling them to keep track of their financial health across various platforms with ease. [Published On: 2023-02-28]

Key Company Profiles

The report delves into recent significant developments in the PSD2 & Open Banking Biometric Authentication Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Apple Inc., Avanade Inc., Banfico Ltd, Capgemini SE, CardinalCommerce Corporation, ClearBank Ltd., Enfuce Financial Services Ltd., Fujitsu Limited, Google LLC by Alphabet Inc., Incode Technologies Inc., InfoCert S.p.A., INFOSISTEMA, SISTEMAS DE INFORMAÇÃO, S.A. by JYON Group, iProov Limited, LexisNexis Risk Solutions Inc. by RELX Group PLC, Mastercard International Incorporated, Metro Bank PLC, Mollie B.V., Moneyhub Financial Technology Ltd, National Westminster Bank plc, Nok Nok Labs, Inc., Okta, Inc., Plaid Financial Ltd., Salt Edge Inc., TAS S.p.A., Tata Consultancy Services Limited, Tell Money Limited, Temenos Headquarters SA, and Thales Group.

Market Segmentation & Coverage

This research report categorizes the PSD2 & Open Banking Biometric Authentication Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Function
    • Authentication & Authorization
    • Content Based Attacks Detection
    • Data Encryption
    • Identity Tracking
    • Message Validation
    • Traffic Management
  • End Users
    • Banks
    • Customers
    • Marchants
    • Payment Service Provider

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the PSD2 & Open Banking Biometric Authentication Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the PSD2 & Open Banking Biometric Authentication Market?
  3. What are the technology trends and regulatory frameworks in the PSD2 & Open Banking Biometric Authentication Market?
  4. What is the market share of the leading vendors in the PSD2 & Open Banking Biometric Authentication Market?
  5. Which modes and strategic moves are suitable for entering the PSD2 & Open Banking Biometric Authentication Market?

  1. Preface
    1. Objectives of the Study
    2. Market Segmentation & CoveragePSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SEGMENTATION & COVERAGE
    3. Years Considered for the Study
    4. Currency & PricingUNITED STATES DOLLAR EXCHANGE RATE, 2018–2022
    5. Language
    6. Limitations
    7. Assumptions
    8. Stakeholders
  2. Research Methodology
    1. PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET RESEARCH PROCESS
    2. Define: Research Objective
    3. Determine: Research Design
    4. Prepare: Research Instrument
    5. Collect: Data Source
    6. Analyze: Data Interpretation
    7. Formulate: Data Verification
    8. Publish: Research Report
    9. Repeat: Report Update
  3. Executive Summary
    1. PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, 2022 VS 2030
  4. Market Overview
    1. IntroductionPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, 2018-2030 (USD MILLION)PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, 2018-2030 (USD MILLION)
    2. PSD2 & Open Banking Biometric Authentication Market, by RegionPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY REGION, 2022 VS 2030 (%)PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)GLOBAL PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
  5. Market Insights
    1. Market DynamicsPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET DYNAMICS
      1. Drivers
        1. Increasing Number of Users with Mobile Banking Application
        2. Rising Importance of Application Program Interfaces (APIs) in Different Financial Sectors
        3. High-Security Risk in Financial Transactions and Need For Multi-Factor Authentication in Payment Systems
      2. Restraints
        1. High Cost for Security Solution and Potential False Positives & Inaccuracy
      3. Opportunities
        1. Major Shift of Financial Institutions Toward the Online Business and Improving Financial Services with Customer-Centric Regulation
        2. Favorable Ecosystem for Tech-Startups to Develop Biometric Authentication
      4. Challenges
        1. Complexities in Minimizing Demographic Bias in Biometrics
    2. Market Segmentation Analysis
      1. Function: Growing significance of real-time identity and access management systems
      2. End Users: Higher deployment of PSD2 and open banking biometric authentication solutions by merchants for reducing friction in payment processes
    3. Market Trend Analysis
    4. Cumulative Impact of COVID-19
    5. Cumulative Impact of Russia-Ukraine Conflict
    6. Cumulative Impact of High Inflation
    7. Porter’s Five Forces Analysis
      1. Threat of New Entrants
      2. Threat of Substitutes
      3. Bargaining Power of Customers
      4. Bargaining Power of Suppliers
      5. Industry Rivalry
    8. Value Chain & Critical Path Analysis
    9. Regulatory Framework
    10. Client Customization
  6. PSD2 & Open Banking Biometric Authentication Market, by Function
    1. IntroductionPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2022 VS 2030 (%)PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2022 VS 2023 VS 2030 (USD MILLION)PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)
    2. Authentication & AuthorizationPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY AUTHENTICATION & AUTHORIZATION, BY , 2018-2030 (USD MILLION)
    3. Content Based Attacks DetectionPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY CONTENT BASED ATTACKS DETECTION, BY , 2018-2030 (USD MILLION)
    4. Data EncryptionPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY DATA ENCRYPTION, BY , 2018-2030 (USD MILLION)
    5. Identity TrackingPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY IDENTITY TRACKING, BY , 2018-2030 (USD MILLION)
    6. Message ValidationPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY MESSAGE VALIDATION, BY , 2018-2030 (USD MILLION)
    7. Traffic ManagementPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY TRAFFIC MANAGEMENT, BY , 2018-2030 (USD MILLION)
  7. PSD2 & Open Banking Biometric Authentication Market, by End Users
    1. IntroductionPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2022 VS 2030 (%)PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2022 VS 2023 VS 2030 (USD MILLION)PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    2. BanksPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY BANKS, BY , 2018-2030 (USD MILLION)
    3. CustomersPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY CUSTOMERS, BY , 2018-2030 (USD MILLION)
    4. MarchantsPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY MARCHANTS, BY , 2018-2030 (USD MILLION)
    5. Payment Service ProviderPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY PAYMENT SERVICE PROVIDER, BY , 2018-2030 (USD MILLION)
  8. Americas PSD2 & Open Banking Biometric Authentication Market
    1. Introduction
    2. AMERICAS PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)AMERICAS PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    3. AMERICAS PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)AMERICAS PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)AMERICAS PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
    4. Argentina
    5. ARGENTINA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)ARGENTINA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    6. Brazil
    7. BRAZIL PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)BRAZIL PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    8. Canada
    9. CANADA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)CANADA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    10. Mexico
    11. MEXICO PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)MEXICO PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    12. United States
    13. UNITED STATES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)UNITED STATES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    14. UNITED STATES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY STATE, 2022 VS 2030 (%)UNITED STATES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)UNITED STATES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
  9. Asia-Pacific PSD2 & Open Banking Biometric Authentication Market
    1. Introduction
    2. ASIA-PACIFIC PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)ASIA-PACIFIC PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    3. ASIA-PACIFIC PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)ASIA-PACIFIC PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)ASIA-PACIFIC PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
    4. Australia
    5. AUSTRALIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)AUSTRALIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    6. China
    7. CHINA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)CHINA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    8. India
    9. INDIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)INDIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    10. Indonesia
    11. INDONESIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)INDONESIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    12. Japan
    13. JAPAN PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)JAPAN PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    14. Malaysia
    15. MALAYSIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)MALAYSIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    16. Philippines
    17. PHILIPPINES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)PHILIPPINES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    18. Singapore
    19. SINGAPORE PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)SINGAPORE PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    20. South Korea
    21. SOUTH KOREA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)SOUTH KOREA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    22. Taiwan
    23. TAIWAN PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)TAIWAN PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    24. Thailand
    25. THAILAND PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)THAILAND PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    26. Vietnam
    27. VIETNAM PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)VIETNAM PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
  10. Europe, Middle East & Africa PSD2 & Open Banking Biometric Authentication Market
    1. Introduction
    2. EUROPE, MIDDLE EAST & AFRICA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)EUROPE, MIDDLE EAST & AFRICA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    3. EUROPE, MIDDLE EAST & AFRICA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)EUROPE, MIDDLE EAST & AFRICA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)EUROPE, MIDDLE EAST & AFRICA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
    4. Denmark
    5. DENMARK PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)DENMARK PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    6. Egypt
    7. EGYPT PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)EGYPT PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    8. Finland
    9. FINLAND PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)FINLAND PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    10. France
    11. FRANCE PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)FRANCE PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    12. Germany
    13. GERMANY PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)GERMANY PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    14. Israel
    15. ISRAEL PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)ISRAEL PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    16. Italy
    17. ITALY PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)ITALY PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    18. Netherlands
    19. NETHERLANDS PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)NETHERLANDS PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    20. Nigeria
    21. NIGERIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)NIGERIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    22. Norway
    23. NORWAY PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)NORWAY PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    24. Poland
    25. POLAND PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)POLAND PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    26. Qatar
    27. QATAR PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)QATAR PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    28. Russia
    29. RUSSIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)RUSSIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    30. Saudi Arabia
    31. SAUDI ARABIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)SAUDI ARABIA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    32. South Africa
    33. SOUTH AFRICA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)SOUTH AFRICA PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    34. Spain
    35. SPAIN PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)SPAIN PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    36. Sweden
    37. SWEDEN PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)SWEDEN PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    38. Switzerland
    39. SWITZERLAND PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)SWITZERLAND PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    40. Turkey
    41. TURKEY PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)TURKEY PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    42. United Arab Emirates
    43. UNITED ARAB EMIRATES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)UNITED ARAB EMIRATES PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
    44. United Kingdom
    45. UNITED KINGDOM PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY FUNCTION, 2018-2030 (USD MILLION)UNITED KINGDOM PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SIZE, BY END USERS, 2018-2030 (USD MILLION)
  11. Competitive Landscape
    1. FPNV Positioning MatrixPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET, FPNV POSITIONING MATRIX, 2022PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET, FPNV POSITIONING MATRIX, 2022
    2. Market Share Analysis, By Key PlayerPSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SHARE, BY KEY PLAYER, 2022PSD2 & OPEN BANKING BIOMETRIC AUTHENTICATION MARKET SHARE, BY KEY PLAYER, 2022
    3. Competitive Scenario Analysis, By Key Player
      1. Tell Money Limited Partners with Moorwand for PSD2 Compliance
      2. Banfico and InfoCert Announce Exclusive Partnership to Offer Open Banking / PSD2 Certificates from Banfico’s OB Directory
      3. Shanghai Commercial Bank Taps Salt Edge for PSD2 Compliance Solution
  12. Competitive Portfolio
    1. Key Company Profiles
      1. Accenture PLC
      2. Apple Inc.
      3. Avanade Inc.
      4. Banfico Ltd
      5. Capgemini SE
      6. CardinalCommerce Corporation
      7. ClearBank Ltd.
      8. Enfuce Financial Services Ltd.
      9. Fujitsu Limited
      10. Google LLC by Alphabet Inc.
      11. Incode Technologies Inc.
      12. InfoCert S.p.A.
      13. INFOSISTEMA, SISTEMAS DE INFORMAÇÃO, S.A. by JYON Group
      14. iProov Limited
      15. LexisNexis Risk Solutions Inc. by RELX Group PLC
      16. Mastercard International Incorporated
      17. Metro Bank PLC
      18. Mollie B.V.
      19. Moneyhub Financial Technology Ltd
      20. National Westminster Bank plc
      21. Nok Nok Labs, Inc.
      22. Okta, Inc.
      23. Plaid Financial Ltd.
      24. Salt Edge Inc.
      25. TAS S.p.A.
      26. Tata Consultancy Services Limited
      27. Tell Money Limited
      28. Temenos Headquarters SA
      29. Thales Group
    2. Key Product Portfolio
  1. Accenture PLC
  2. Apple Inc.
  3. Avanade Inc.
  4. Banfico Ltd
  5. Capgemini SE
  6. CardinalCommerce Corporation
  7. ClearBank Ltd.
  8. Enfuce Financial Services Ltd.
  9. Fujitsu Limited
  10. Google LLC by Alphabet Inc.
  11. Incode Technologies Inc.
  12. InfoCert S.p.A.
  13. INFOSISTEMA, SISTEMAS DE INFORMAÇÃO, S.A. by JYON Group
  14. iProov Limited
  15. LexisNexis Risk Solutions Inc. by RELX Group PLC
  16. Mastercard International Incorporated
  17. Metro Bank PLC
  18. Mollie B.V.
  19. Moneyhub Financial Technology Ltd
  20. National Westminster Bank plc
  21. Nok Nok Labs, Inc.
  22. Okta, Inc.
  23. Plaid Financial Ltd.
  24. Salt Edge Inc.
  25. TAS S.p.A.
  26. Tata Consultancy Services Limited
  27. Tell Money Limited
  28. Temenos Headquarters SA
  29. Thales Group
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Frequently Asked Questions about the PSD2 & Open Banking Biometric Authentication Market
The Global PSD2 & Open Banking Biometric Authentication Market size was estimated at USD 5.12 billion in 2022 and expected to reach USD 5.64 billion in 2023.
The Global PSD2 & Open Banking Biometric Authentication Market to grow USD 11.18 billion by 2030, at a CAGR of 10.26%
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