Biometrics Research Group publishes report on biometrics and banking

A new Special Report from Biometrics Research Group, Inc. on “Biometrics and Banking” postulates that the financial services sector has emerged as a primary end-user market for biometrics technology worldwide. Biometric Update Special Reports provide analysis and competitive industry intelligence for the global biometrics industry including market size, multiple industry segments, venture capital and other business opportunities, along with in-depth profiles on the best emerging companies and solutions. The firm’s ‘Special Reports’ are sponsored by leading firms within the biometrics

Biometrics research, smart payment cards and facial recognition trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Facial recognition NEC will be demonstrating biometric recognition solutions that use Microsoft Azure Internet of Things (IoT) technology, at the Hannover Messe 2016 trade fair this week in Hannover, Germany. NEC’s manufacturing solution combines NEC face recognition technologies and Factory Energy Management System (FEMS) with Azure IoT technology to create a complete end-to-end solution for factory maintenance, repair, and operation. The retail

Biometrics in financial services, online authentication, privacy and access control trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Financial services The Japanese government will test a biometrics-based payment system this summer that will see foreign tourists able to verify their identity and make purchases using only their fingerprints. The pilot project will have inbound tourists register their fingerprints and other data, such as credit card information, at airports. Tourists will then be able to conduct tax exemption procedures and make

Biometrics and banking, access control and fingerprint technology trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Financial services Wells Fargo has been recognized with the “Most Innovative Feature Award” for its mobile biometric authentication application in its Commercial Electronics Office (CEO) portal by Barlow Research’s 2016 Monarch Innovation Awards. The bank has combined multiple biometric characteristics, including face plus voice and eyeprint id, to significantly improve security while simplifying the user experience for mobile banking access. Morpho is

Biometrics in healthcare, banking and counter-terrorism trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Healthcare Intent Solutions has introduced new medical device technology called TAD, “Take As Directed”. TAD is built around a portable dispenser containing a disposable vial filled with medication attached to a reusable electronic device. The device is designed to be pre-programmed with the prescribed regimen and patient biometrics. The device notifies the patient that it’s time to take the pill, scans their

Women and their right to identity

This is a guest post by Anne Bouverot, CEO of Morpho (Safran). We sometimes tend to forget that our identity is a precious commodity. Every day habits which go unnoticed – unlocking our telephone, paying with our bank card or using public transportation – are ways in which we express our legal identities. International Women’s Day offers us the opportunity to reflect upon what we may take for granted in some societies, unfortunately remains a privilege in others. Because possessing

Passwords are so “last century”. They have to go… so deal with it!

This is a guest post by Steve Cook, Director of Sales EMEA for Daon Many of you feel very strongly about passwords, but the fact is … they have to go because of the large volume of hacks or frauds taking place putting you and also your money at risk! It is true, strong passwords cannot be defeated but the facts are that very rarely do we use them. Companies or your employer insist on them, but in most cases

Guess Who? The game of authentication

This is a guest post by Amit Desai, Senior Director of Solutions Marketing at Verint-Systems. While we have all become used to facing a barrage of security questions whenever we wish to access our telephone banking or similar services, the frustration of forgetting the fifty-fourth letter of your secret password never lessens. Thankfully, the rise of voice biometrics promises to end the long game of Guess Who during those telephone based customer interactions. The threat of getting it wrong With

Biometrics and law enforcement report released

Biometrics Research Group, Inc. has released its Biometrics and Law Enforcement report that provides a brief, updated overview of the market size and biometric technology available for the law enforcement market in the United States. The firm’s ‘Special Reports’ are sponsored by leading firms within the biometrics sector and offer comprehensive industry analysis along with forward-looking, systematic data about the global biometrics market. This report was sponsored by Cognitec, IDGA and MorphoTrak. Biometrics Research Group, Inc. is headquartered in Toronto

4F allows the use of smartphone finger photos as a contactless fingerprint identification system to match with legacy databases

This is a guest post by Francis Mather, Director of Computer Vision at Hoyos Labs. Security is now one of the most preeminent global issues. As concerns about international and domestic threats grow, one of the most oft-mentioned techniques to ensure safety is the use of background checks. The process wherein an individual’s fingerprints are taken and cross-checked against a database of fingerprints is a key component of background checks. Background checks are a common step in the screening process