Next-generation biometrics market to reach $24.4B by 2020: Report

Markets and Markets recently published a 178-page report addressing the next-generation biometrics market, which is expected to undergo a 17.9% CAGR to reach $24.4 billion by 2020. This forecasted growth in the global biometrics market over the next five years can be attributed to numerous drivers, including government initiatives across the world to adopt biometrics systems for the purpose of identification and verification, the introduction of e-passports, and the use of biometrics in criminal identification. As such, the use of

Indian telcos set to launch secure e-KYC authentication services

Several Indian telecom operators including Idea Cellular, Vodafone and Airtel are preparing to launch e-KYC services by the end of the year, according to a report by MyDigitalFC.com. The move follows the department of telecommunications charging mobile operators Rs 2,800 crore ($420 million) in penalties from 2007 through 2012 for issuing SIM cards based on fake identity documents. The new e-KYC services will enable telecos to save on cost and time by providing immediate and accurate verifications through the Aadhar

Integrated Biometrics provides mobile fingerprint scanner to Pakistan education department

Integrated Biometrics, LLC announced that the Pakistan Education Department has deployed its Columbo fingerprint scanner to verify the identity of teachers in remote areas of Pakistan. Intellitech, a local partner of Integrated Biometrics, is assisting in the World Bank-funded project. “Integrated Biometrics’ technology is a great fit for mobile identity verification in any environment due to its reliability, ease of use and operation in direct sunlight,” said Steve Thies, CEO of Integrated Biometrics, “The fact that our products are being

Nigerian government begins biometric verification pilot for civil servants

Nigeria’s Kaduna State government has begun a biometric verification pilot for all civil servants in its employment in an effort to provide the government with an accurate record of its personnel numbers, as well as a means of cleaning up its payroll, according to a report by the Premium Times. The data gathered from the pilot will enable the Kaduna State government figure out whether the billions of naira spent monthly on staff salary are actually being paid to identifiable

Crossmatch releases improved version of multi-factor authentication solution

Crossmatch announced it has released an improved version of DigitalPersonaR Altus multi-factor authentication solution. The new version’s latest improvements build on the native flexibility and ease of use of the DigitalPersona Altus platform, in addition to providing expanded mobile credential capabilities and biometric reader compatibility. “DigitalPersona Altus is a strong, multi-factor authentication solution based on a secure architecture that is proven and trusted,” said Rich Agostinelli, Crossmatch CEO. “Altus integrates with legacy infrastructure and easily enables the multi-factor approach of

Eastern Bank deploys Nuance voice biometrics authentication solution

Nuance Communications, Inc. announced that Eastern Bank has deployed Nuance’s FreeSpeech voice biometrics authentication solution to enable customers to securely login to their accounts using their voice. The system replaced its previous authentication system in which customers were prompted to answer a series of security questions when they called into the Eastern Bank’s customer service center before they could proceed. Now, customers are able to engage in natural conversation with a customer service agent. During this time, Nuance’s FreeSpeech voice

Credence ID launches biometric ID solutions for banks in Colombia and Panama, signs customer in Nigeria

Credence ID announced it has released a new set of mobile banking solutions and multiple deployments for two undisclosed banks in Colombia and Panama, enabling them to remotely and accurately identify customers prior to setting up new accounts and providing access to credit card services. Using the combined solution, banks are able to onboard and provide services to new customers by sending bank representatives to their home or office to read their national identity credential and confirm their identity using

Paycasso delivers secure identity verification through facial recognition: Q&A with CEO Russell King

Russell King will be speaking at the Payment Security & Authentication track at PayExpo this week. His speaker session is titled “Biometrics has been tagged as the final frontier in payments validation and security-is it?” and his panel debate is titled “Is biometric authentication as fast, cost effective and secure as the market needs it to be?” The former authentication approach of trusting user-asserted data with a combination of knowledge based query assessment no longer supports the growing digital commercial

Integrated Biometrics fingerprint sensor incorporated into new access control product

Integrated Biometrics has announced that Bethcom has selected its Columbo FBI certified FAP 30 sensor to incorporate into its new Phalcon physical access control product. Using patented light emitting sensor (LES) technology, Integrated Biometrics’ Columbo is able to develop the highest quality fingerprint images in a small and lightweight form factor. “As we continue to see our international footprint growing we are especially pleased to partner with BETHCOM, a premier access control solutions provider,” said Steve Thies, Integrated Biometrics CEO.

ATM banking with facial recognition debuts in China

China’s Tsinghua University and Hangzhou-based Tzekwan Technology have designed and developed the world’s first ATM that features an embedded facial recognition feature, according to a report by CRIEnglish.com. The new ATMs will be linked with banks and local police offices to curb identity fraud and theft-related crimes, ensuring that no one other than the bank card owner will be able to withdraw money, even with the correct password. The ATM features a facial recognition camera that takes photos of the