Precise Biometrics sees increased sales in Q2 2017 totaling $2.5M

Precise Biometrics has issued its financial results for Q2 2017 in which the company’s net sales for the remaining operation totaled SEK 20.2 million (US$2.5 million) compared to SEK 18.9 (US$2.3 million) a year ago. The company’s operating profit for the remaining operation totaled SEK 0.5 (US$60,000) compared to SEK 5.3 million (US$0.7 million). Meanwhile, the company’s net sales for the remaining operation during the interim period totaled SEK 36.8 (US$4.5 million) compared to SEK 39.6 million (US$4.9 million). The operating profit/loss

NIST scientists develop algorithm that automates key step in fingerprint analysis

Scientists from the National Institute of Standards and Technology (NIST) and Michigan State University have developed an algorithm that automates a key step in the fingerprint analysis process, according to their findings which are published in IEEE Transactions on Information Forensics and Security. “We know that when humans analyze a crime scene fingerprint, the process is inherently subjective,” said Elham Tabassi, a computer engineer at NIST and a co-author of the study. “By reducing the human subjectivity, we can make

Bioconnect releases dual-factor fingerprint plus card lock for data centers

BioConnect has released CabinetShield, a dual-factor fingerprint plus card lock designed to fit onto the most common server cabinets in a data center. The product has an HID multiCLASS read head with a fingerprint sensor, allowing it to support finger only, and card plus finger deployments. CabinetShield was designed to provide a secure solution for server cabinets in the data center , providing colocation providers and their customers with greater visibility into access events throughout the entire facility. Depending on

Suprema fingerprint solutions integrated in Samsung smartphones, IdentaZone matching system

Suprema announced that its BioSign mobile fingerprint authentication algorithm has been included in Samsung Galaxy J5 2017 and Galaxy A7 (for SK Telecom) smartphone models. Partnering with Taiwan-based sensor provider Egis Technology, Suprema provides its integrated solution to global smartphone manufacturers. Introduced in February at Mobile World Congress in Barcelona, BioSign 2.0 features the latest AI technology, supports small fingerprint sensors and delivers robust authentication performance over time and environment. BioSign 2.0 offers flexibility in integration by supporting different shapes

Lawyer recommends that companies consult biometric privacy experts to avoid lawsuits

In light of several class action lawsuits from employees accusing companies of illegally collecting and storing their biometric data, a Chicago attorney has recommended companies to be conscious of the litigation threat stemming from an increasing number of state laws protecting biometric privacy, according to a report by Cook County Record. “Companies should consult with their lawyers and… adopt policies and procedures to comply with these [and other] requirements,” said Steve Gold, an attorney with McguireWoods. “It is also important

Simprints wins funding from Saving Lives at Birth

Simprints fingerprint scanning technology for newborn prints is one of 15 projects that has securing new funding from Saving Lives at Birth (SL@B) to develop and refine its innovations. Simprints is a nonprofit tech company out of the University of Cambridge that is building an affordable, secure, rugged, open-source fingerprint system that works in the world’s toughest settings. Its technology creates a unique digital identity based on a fingerprint, allowing healthcare workers in remote areas to access patient records on

Biometric Signature ID, NFp to provide ID proofing, fingerprint verification

Biometric Signature ID (BSI) has partnered with National Fingerprint (NFp) where it will provide virtual ID proofing and verification services. By deploying BSI’s patented software, BioProof-ID, NFp is able to eliminate the need for costly in-person encounters and provide its customers with the ability to authenticate themselves virtually in front of a Trusted Observer from any location in the world. BioProof-ID is a web-based platform that combines remote human verification of user identity, with BioSig-ID’s unique gesture biometric password solution.

New R&D director appointed at Precise Biometrics

Precise Biometrics announced today that Fredrik Clementson has been appointed its new R&D Director and member of the management team. Clementson holds a Master of Science in Engineering and has worked with the company for ten years as a developer, project manager and in sales. He takes over September 1 from Rutger Petersson who is leaving the company for a new assignment as Analytics & Insight Manager at Verisure Innovation AB. “Fredrik has been working for a long time within

Innovatrics fingerprint algorithm sets record for 1B matches per second

Innovatrics’ latest version of its fingerprint matching algorithm has set a new matching speed record of 1.04 billion matches per second, on a single server only. The move comes just over a month after Innovatrics launched the new version of Latent Editor, which simplifies the editing and enhancement of latent fingerprint images to increase the probability of a match in an AFIS (Automatic Fingerprint Identification System). The algorithm outperformed the previous record of 720 million matches per second, which was also

NovaTeqni, Mobizent to develop custom biometrics device for U.S. federal sector

NovaTeqni Corporation has entered into a manufacturing, development and sales agreement with Mobizent LLC for the manufacturing and sale of the new MobiCHKII mobile biometrics handheld device intended for the United States’ federal sector. Additionally, NovaTeqni will also develop and provide the MobiCONNECT device for Mobizent. The biometrics enabled handheld devices — which enables on the spot identification using fingerprints or smartcards — have applications within the law enforcement, public safety, border patrol, corporate security operations, event security, refugee control