Israeli biometric startup Transmit Security raises $40M in self-financing

Israeli biometric authentication startup Transmit Security has raised $40 million in a self-funded round of financing, according to a report by Globes. Transmit Security, which is based in Boston and Tel Aviv, has unveiled a platform that it says will disrupt the authentication software market by enabling organizations to implement any identity verification method, on any device, across all their customer/partner facing channels. The company’s founders, CEO Mickey Boodaei and president Rakesh K. Loonkar, previously established online banking security pioneer

Delta ID brings its iris scanning technology for driver authentication to CES

Delta ID has collaborated with Gentex to develop an iris-based in-car biometrics system that authenticates the driver and delivers customized security and convenience features. This week at CES, the companies are demonstrating a Gentex rearview mirror integrated with Delta ID’s Active IRIS technology. The mirror-integrated biometric system identifies the driver upon vehicle entry, and, if properly authorized, starts the vehicle and personalizes their setup configurations by automatically adjusting mirrors, steering wheel, seat, music favorites, GPS locations, and other options. “We

Iris ID announces new installation

Iris biometrics firm Iris ID announced today that its IrisAccess iCAM7000S identity authentication solution has been installed in 12 locations of gym chain World Class Iceland. According to a company statement, approximately 40,000 gym members are enrolled in the system, which includes iris scanners at access points such as main entries, VIP sections and spas. “The iris system has worked perfectly,” commented Bjorn Leifsson, World Class owner and managing director. “We require few employees to monitor the access points, are

CLEAR adds to its executive team to support nationwide expansion

Biometric identity membership platform CLEAR has brought on executives from U.S. Customs Service, Amazon, American Express and Avon to support its nationwide expansion. CLEAR utilizes fingerprint and iris identification technology to speed its growing base of more than 700,000 members through security at airports and sports stadiums across the United States. The new executives include: David Cohen, Chief Administrative Officer; Joe Trelin, Senior Vice President of External Commerce and API; Todd Edebohls, Senior Vice President of Corporate Development; Stewart Whitman,

QNB adds iris recognition to its ATMs

In an effort to increase customers’ financial security and convenience, Qatar National Bank (QNB) has begun using Iris ID’s iris recognition solution, Iris Access, to authenticate customers using the bank’s ATMs. Iris Access is used by governments and corporations worldwide for access control, security, national ID and border crossing programs. QNB customers who want to use the iris recognition solution need to register at a QNB branch office. The two-minute process involves taking a digital photo of the iris, which

EyeLock intros iris authentication reference designs for IoT device integration

EyeLock LLC has introduced three reference designs architected specifically for high volume OEM integration, addressing the rapidly increasing demand for iris authentication solutions across a wide range of IoT devices and broad applications. The company will exhibit the three reference design modules and other solutions at the 2017 Consumer Electronics Show (CES) from January 5 to 8 from the VOXX International booth. The modules are self-contained hardware and software systems for iris enrollment and authentication that can be customized based

Fujitsu’s latest smartphone using Delta ID iris recognition technology

Delta ID announced its ActiveIRIS 3.0 technology is powering the iris scanner of Fujitsu’s latest smartphone, the arrows NX F-01J launched by NTT DOCOMO, INC in Japan. The arrows NX F-01J marks the third Fujitsu smartphone to feature iris scanning technology, following last year’s release of the arrows NX F-04G and F-02H. Delta ID’s patent-pending ActiveIRIS iris recognition technology enables users to simply look at their device to unlock it, make a payment or login into an application or service.

EyeLock’s iris authentication performance certified by Novetta

EyeLock has released test results from Novetta, a leader in advanced analytics technology and independent biometric testing. EyeLock engaged Novetta to evaluate EyeLock’s EN2 iris authentication module, hardware, and software stack for enrollment rates, enrollment duration, and matching accuracy. The EyeLock iris authentication module is a self-contained iris enrollment and authentication system that is offered as a complete reference design and can be customized for individual applications. The study was conducted to certify EyeLock performance supporting planned global deployments in

InFocus to launch smartphone with IriTech iris scanner

InFocus will soon release a new Aadhaar authentication-enabled smartphone equipped with an IriTech iris scanner, in India, according to a report by Business Standard. Priced at under Rs 12,000 (US$178), the device will be made available in early 2017. Following its STQC (Standardization Testing and Quality Certification) from the Indian government, InFocus said it plans to launch more Aadhaar-enabled devices in the future. STQC certification authenticates the use of iris recognition devices, designed for biometric authentication purposes as part of

EyeVerify CEO says biometric banking breakthrough has already begun

The tipping point for biometric authentication for mobile banking may have already arrived, EyeVerify CEO and founder Toby Rush says. Further, that position is not one of optimism, he says, but observation of financial institutions currently achieving their user experience and security goals with biometric implementations. When it was acquired by Ant Financial in September, EyeVerify already had dozens of clients in production, and was moving more through the procoess. The company announced last week that Poland-based Comarch will use