IriTech, Inc. has entered a co-promotion agreement with fingerprint sensor developer Egis Technology Inc., which is expected to create more opportunities for the two companies in the consumer technology space while focusing on the mobile industry. With an extensive background in iris recognition technologies, IriTech provides several innovative approaches aimed at emerging industries such as augmented reality (AR), virtual reality (VR) and automotive. The company has made significant investments in research and development to solve various challenges faced by iris
IrisGuard has released EyeHood, its portable iris camera that is ideally suited for outdoor enrollments and recognitions. EyeHood is the latest addition to the IrisGuard EyePay platform camera portfolio. The camera fully shields the user from direct sunlight and other external lighting conditions both at mobile or stationary enrollment and verification stations, providing excellent iris quality images and matching results, essential in payment and identity systems. According to a company statement, the EyeHood was developed to meet difficult outdoor registration
Technavio published a new report titled “Global Biometric Market in the Automotive Sector, 2017-2021”, which forecasts that the market will grow steadily during the next four years and see a CAGR increase of more than 19 percent by 2021. The report states that one of the main growth drivers of the market is the vulnerability in existing keyless entry systems in which criminals use hacking devices to break into vehicles. To combat this, automotive original equipment manufacturers (OEMs), suppliers, and
Apple’s upcoming iPhone 8 model, which is expected to be released in September, will reportedly include either an iris scanner or facial recognition software, according to a Mac Rumors report that pointed to sources and patents. Rumors that the new iPhone would feature iris scanning technology have been rampant since last August when Mac Rumors released a report citing a Chinese-language MoneyDJ article. “An iris scanner could complement or replace Touch ID as a way to verify a user’s identity,
EyeLock has released a new white paper titled “What You Should Know About Biometrics in the Cloud”. The white paper discusses the challenges caused by biometrics in the cloud as well as how EyeLock’s new biometric protection system BioDentity Suite helps to address these issues. Authored by Christopher Ream, chief information security officer at EyeLock, the paper emphasizes the importance of identity protection in maintaining security as applications and devices shift from the enterprise network to the cloud. In December,
Safran Identity & Security and Tessera Holding Corporation, through its wholly owned subsidiary FotoNation Limited, have partnered to provide an advanced iris authentication solution for mobile devices in the Indian market. The companies will provide a joint mobile iris recognition solution called BioNetra as the result of a cross-license of Safran Identity & Security’s and FotoNation’s relevant patented iris capture, recognition and control technologies. BioNetra will accurately verify the mobile user’s identity under a wide range of lighting and environmental
Fingerprint Cards (FPC) has acquired iris recognition firm Delta ID for US$106 million (approximately 938 MSEK) in combined cash and debt, expanding its fingerprint business and technology with a line of iris biometric security solutions. The acquisition is expected to close during the spring, subject to regulatory approvals. Delta ID develops and delivers a range of iris recognition solutions, including its ActiveIRIS iris recognition system for mobile phones, PCs, tablets and vehicles. ActiveIRIS system includes a cloud based solution and
In a recent blog post, EyeVerify summarized the key biometrics-based product launches in the financial industry for 2016, as well as made a couple of predictions regarding the biometrics in banking for 2017. For fingerprint products, Touch ID saw considerable progress in 2016 with dozens of banks deploying the technology including Bank of Scotland, BBVA Compass, Deutsche Bank, Fifth Third Bank, HSBC, Lloyds Bank, Mashreq, Santander USA, and Standard Chartered, along with many regional and community banks and credit unions.
Corvus Integration has released the Corvus Biometric Sleeve, a biometric sensor package for tablet computers. The standard Sleeve unit includes a dual boot 8” tablet (Windows and Android); sensors for acquiring ISO compliant face, dual iris and fingerprint images; contact/contactless smart card reader; an MRZ reader; and external network and USB ports. The solution’s fingerprint sensor is certified to FBI Appendix F, FAP 45. In addition, the Sleeve supports optional internal USB devices including GPS, 3G/4G, a 1D/2D barcode reader,
Indian financial institution DCB Bank will soon introduce a new feature at all its branches which enables Aadhaar-registered customers to perform transactions by scanning their iris,, according to a report by Economic Times. The bank recently completed a three-week pilot program at 10 branches in rural or semi-urban areas in which it processed about 200 accounts. This included 100 new pre-opened accounts, which took the bank about a day to map the customer’s iris biometric details to a particular account.