Cheshire police acquires mobile fingerprint devices

Cheshire police have acquired several mobile fingerprint devices following a successful pilot of the technology last year. The police department did not specify the fingerprint device vendor in the release. The mobile fingerprint devices enable police officers to scan the fingerprints of any individuals who are suspected of a crime at the scene, instead of arresting the individual and taking him or her into custody. The captured fingerprint images can be sent for checking against fingerprints stored in the National

Next Biometrics attracts $14.78M investment from Swedish investors

Next Biometrics announced it has drawn an investment of 120 million Norwegian crowns (US$14.78 million) from Greenbridge Partners, a firm founded by Swedish investors Melker Schorling and Ola Rollen, according to a report by Reuters. The news caused Next Biometrics’ shares to sharply rise by 64 percent, early Friday morning. “Greenbridge Partners Ltd has undertaken a thorough process before making the investment decision,” Next said in a statement. Schorling’s investment company Melker Schorling AB holds a major stakes in various

Special Report: Biometrics and Banking

Biometric Update Special Reports provides 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. This report by Biometrics Research Group, Inc. notes that revenue streams for biometrics utilized in the global banking sector will rise from US$900 million in 2012 to US$1.8 billion by the end of 2015. Revenue will primarily be driven by adoption in