NEC introduces integrated POS solution with biometric-enabled solutions

NEC Corporation of America introduced Stanchion 3.0, its new integrated point of sale solution that integrates hardware, software and services. NEC showcased the POS solution, along with other biometric-enabled retail solutions at last week’s National Retail Federation conference in New York. Stanchion 3.0 provides store managers and staff with greater access to data, improved communications and increased productivity within their store environments. The solution is both scalable and customizable to help retail employees collect real-time data and streamline the processes

Global biometrics market projected to reach $24.6 billion by 2020

The global biometrics technology market is expected to reach US$24.59 billion by 2020, according to a new study published by Grand View Research, Inc. According to the research firm, increasing demand in consumer electronics to enhance customer experience is expected to drive the biometrics technology market over the next six years. Biometrics technology will be used by several verticals in the private, public and commercial sectors to overcome security threats, which is primarily expected to fuel market demand over the

4.8 billion biometric devices predicted by 2020

Acuity Market Intelligence forecasts that intensifying demand for smartphones, tablets, and wearable mobile devices that incorporate biometrics will drive a global market of 2.5 billion users with nearly 4.8 billion biometric devices by 2020. Maxine Most, Principal and lead analyst at Acuity Market Intelligence notes: “The market for biometrically enabled mobile devices will surge over the next five years. Apple’s launch into biometrics and payments will be followed by similar efforts by Samsung and others, and within three years, biometrics will

OASIS seeks comment on biometric device specification

The members of the biometrics technical committee at OASIS have produced an updated committee specification draft and submitted the specification for 15-day public review. OASIS, known as the Organization for the Advancement of Structured Information Standards, is a global consortium that works on the development, convergence, and adoption of e-business and Web service standards. OASIS’s specification entitled “WS-Biometric Devices Version 1.0″ is a second draft that was released for public review on November 12. WS-Biometric Devices, or WS-BD, is a command and

Most popular biometrics news updates for week ending December 7

Here’s a recap of most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Biometrics Week in Review: credit cards with fingerprint sensor, nymi band discovery kits, fingerprint cards, facial recognition, Umrah visa applicants, smart card readers, fingerprint algorithms, authentication solutions, body recognition, swipe and touch sensors. MasterCard’s new contactless credit cards with integrated Zwipe fingerprint sensor soon available in UK – The first Zwipe MasterCard payment cards will be issued in Britain next year, following the completion

Italian data protection authority introduces new privacy rules on biometric data

Italian data protection authority, the Garante, recently issued a new set of privacy rules designed for facilitating the processing of biometric data, according to a report by Gaming Tech Law. With the Internet of Things technologies and specifically biometric wearables significantly relying on the processing of biometric data, the Garante has introduced the new rules to aid companies in developing these technologies. First, the provision to the data subject of a privacy information notice must now list key information, including

Hotels near Delhi airport ordered by police to install facial recognition software

Hotels located near India’s Delhi airport have been instructed by local police to install facial recognition software as part of its initiative to increase security measures, according to a report by The Economic Times. The facial recognition technology has already led to significant delays and expensive costs for hoteliers at Aerocity. Lemon Tree Hotels, a mid-market hotel operator, has already installed NEC’s facial recognition software in its Aerocity property. “We have put in place NEC Face Recognition Solution,” said Rahul

Cognitive biometrics firm BioCatch among FinTech companies to watch: report

Cognitive biometrics company BioCatch is among the 10 companies featured in American Banker and the Bank Administration Institute’s annual FinTech Forward special report which highlights the top 10 technology companies to watch. American Banker and BAI are information and education institutions in the financial services industry and have collaborated for more than a decade. FinTech Forward represents a new joint initiative to give bankers the information and perspective on technology they need to successfully plot the future. It also identifies

Dating site uses biometrics to verify online dating profiles

Ruby Radar, a high-end Australian dating website aimed at executives and entrepreneurs, is using a biometric verification service to protect users from fake profiles which can be used to scam site members. In order to strengthen its rigorous member screening process, Ruby Radar uses an ID verification solution from My Verified ID which compares members’ photos to government-issued ID such as a drivers licence or passport. Users can sign into Ruby Radar through “My Verified ID” and other site members

79% of Asia-Pacific IT leaders say security concerns have stalled new business initiatives

Among IT leaders in the Asia-Pacific region, 79 percent have abandoned or delayed at least one new business initiative due to security concerns, and that emerging technologies such as the Internet of Things (IoT) and biometrics are seen as the biggest challenges to the safety of organizations. These are the major findings from a new study commissioned by network security company Fortinet which polled 504 enterprise IT decision makers across Australia, China, India, Japan and South Korea. The study also