Cubic developing subway ticketing system that uses facial recognition, palm vein scanning

Cubic Transportation Systems, the US firm that developed London’s Oyster card technology, is developing new ticketing systems that use facial recognition, palm vein scanning and object tracking in order to reduce queues. According to a report in Wired, Cubic’s biometric ticketing system is designed to alleviate congestion at ticket gates by removing the gates all together. The company’s prototype for the “FasTrack” gateless gate system uses an object tracking system to track passengers as they walk through. “The ridership on

Biometric banking

This is a guest post by Paul Sheldon Foote, of the Department of Accounting at California State University, Fullerton. Many banks around the world, large and small, continue to experience major security failures. At this year’s Kaspersky Security Analyst Summit (April 2 – 6, 2017), Kaspersky Lab analysts explained their investigation of the takeover of a bank for several hours in Brazil by cybercriminals. The takeover of the bank started with a spear phishing attack. Next, the cybercriminals used a

Theme park visitors want biometrics tech used for identity verification

Omnico has published a new research report that finds that 85 percent of consumers in the US, UK, China, Japan and Malaysia want theme parks to use artificial intelligence (AI) systems for ID verification for greater convenience. Chinese visitors are the most willing, with 92 percent in favor of being subjected to AI-based technologies for ID verification. Fingerprint recognition is the most popular biometric identification method across the five countries (32 percent), while consumers in China prefer facial recognition (41

NEORIS develops biometric ID software to monitor vulnerable social groups

Global business and IT consulting firm NEORIS has signed an agreement with Spanish NGO It-willbe.org to lead a project where it will design and develop a multifactor biometric identification tool called PPa (Protection People app). The multifactor biometric identification system and data processing software enables identification and data collection of the most vulnerable social groups from either a desktop or mobile device, for follow-up and subsequent intervention by social workers. Since it involves at-risk youth, the work can be particularly

Ohlthaver & List using Fujitsu biometrics system to secure SAP data

Ohlthaver & List, Namibia’s largest privately held group of companies outside of the mining sector, employing over 5,500 people in various sectors including food production, beverages, retail trade, property leasing, marine engineering, steelworks and hospitality, is testing Fujitsu PalmVein technology, in an effort to secure SAP data. The firm has implemented employee fingerprint-based self-service kiosks since 2013 and has steadily added users. Use of real-time fingerprint scans for employees ensures timely access to personal data by employees and protection from

New report predicts global biometrics market to exceed $30B by 2021

ABI Research published a new market analyst report that forecasts the global biometrics market will exceed $30 billion by 2021, representing a 118% increase from 2015. Meanwhile, consumer electronics, particularly smartphones, continue to contribute to the growth of the biometrics market, with embedded fingerprint sensors expected to reach two billion shipments by 2021 at a 40% CAGR. “Consumers are increasingly putting their trust behind biometric-based authentication and searching for security, convenience, and personalization in multiple layers,” said Dimitrios Pavlakis, research

Technavio publishes report on global biometric POS terminals market 2016-2020

Technavio has published a new market research report entitled “Global Biometric Point-of-Sales Terminals Market 2016-2020”, which will see the market grow at a CAGR of close to 27% until the end of 2020. The report segments the global biometric POS market into the technology groups of fingerprint identification, palm-vein recognition, facial recognition, iris recognition, and retina recognition, while separating the market into the geographical areas of the Americas, APAC, and EMEA. Additionally, Technavio’s report highlights the key vendors in the

Biometrics and healthcare, cybersecurity, voter registration and law enforcement trending this week

Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Healthcare The National Patient ID Challenge encourages innovators to participate in the creation and adoption of a private, secure and safe solution to ensure 100% accuracy in identifying patients in the U.S. In the first round entrants design a concept to solve the patient ID challenge and the final round will entail building prototypes to demonstrate the functionality and performance of the

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

Global government biometrics spending to reach $122M by 2019

Technavio has published a new research report titled “Global Biometrics Spending Market in the Government Sector 2015-2019“, which forecasts global biometrics spending in the government sector to grow at a CAGR of more than 14% to reach more than USD $122 million by 2019. According to the report’s findings, North America currently has the largest market share with about 33% as a result of US and Canadian governments investing in various biometric solutions. The report details key drivers such as