Biometric eyeprint startup EyeVerify raises $6 million investment

EyeVerify announced it has raised a combined strategic investment of $6 million, courtesy of Samsung Electronics, Sprint, an unnamed major U.S. banking institution and Qihoo 360 Technology, according to a report in the Wall Street Journal. The investment brings the EyeVerify’s outside funding total to $10 million. During a recent Series A round the company was valued at almost $40 million. EyeVerify licenses its Eyeprint ID technology as a single software product that is embodied as a software development kit

IDEX to present mobile device fingerprint sensor concept at Mobile World Congress in Barcelona

Norway-based IDEX has announced that it will be presenting its concept of a fingerprint sensor embedded in the display cover glass of mobile handsets at the Mobile World Congress Exhibition and Conference, February 25-28 in Barcelona. The sensor-in-glass concept is one that has been generating steam as of late in the biometrics and mobile communities, following Apple’s filing of a patent for iPhone’s which outlines a fingerprint sensor concealed behind a closed window on the device. Reported in BiometricUpdate.com, it’s

EyeVerify announces BSPA test results, fresh patent

EyeVerify has announced that its patented Eyeprint technology has exceeded many of today’s biometric industry standards and commercial requirements for deployment, based on a recent test from the Biometric Standards, Performance and Assurance Laboratory (BSPA) of Purdue University. BSPA administered the data collection of Eyeprints across 250 subjects and initial results show a false acceptance rate of 0.013%, according to the company. In a phone call with BiometricUpdate.com, EyeVerify CEO Toby Rush confirmed that the false reject rate from these

LaserLock Technologies files provisional patent for verification system

LaserLock Technologies has filed a provisional patent applications for a Characteristic Verification System (CVS) which allows smart phones to simultaneously identify counterfeit products and protect against identity fraud. The CVS features LaserLock’s recently acquired VerifyMe biometric authentication technology, which powers this new system. According to the company, VerifyMe uses a variety of methods to quickly and accurately prove the identity of any human being. It can also uniquely serialize individual products allowing complete verification of provenance, pedigree and movement. LaserLock

Precise Biometrics issues third-quarter report

Precise Biometrics issued a third-quarter report that noted that its Tactivo for iPad product obtained approval by Apple in their Made for iPhone program (MFi). By joining the Made for iPhone program, Precise Biometrics now gets the developer technical support and components needed, along with the tools, documentation, technical support and certification logos needed to create certified electronic accessories that connect to the iPod, iPhone and iPad. In this quarter, the company also received its first U.S. government related purchase

Animetrics strategically partners with biometrics firm Raptor ID

Animetrics, a leading developer of advanced 3D facial recognition and identity management solutions for military, intelligence and law enforcement, is pleased to announce a strategic alliance with Raptor Identification Systems (Raptor ID), makers of ruggedized Android 4.0-based mobile devices that combine leading edge biometric technologies with commercially current handheld smartphone and tablet technologies. “Raptor ID has revolutionized biometric screening on mobile platforms,” said Animetrics President and CEO Paul Schuepp. “This partnership puts Animetrics’ advanced facial recognition in the hands of

Apple working on mobile eWallets with biometrics

Apple might continue to dominate the market due to its proposed purchase of AuthenTec for more than US$356 million. AuthenTec was developing a fingerprint reading device that Apple might be keen in installing in its future line of gadgets and mobile phones. More specifically, the company is expected to integrate the new fingerprint technology in their smart phone devices to aid not only in enhancing security, but to provide consumers with eWallets. In the future, there will be more cashless

BIO-key granted patent for biometric ID network security

BIO-key International has been granted its tenth U.S. patent specifically for secure biometric data communications. It is an enhancement of BIO-key’s previous U.S. patent 7,117,356, “Systems and Methods for Secure Biometric Authentication”. As a biometric industry pioneer, BIO-key continues to develop universal access biometric identification and authentication solutions and advanced mobile identification technology. The granting of this latest U.S. patent further protects BIO-key’s technology for secure communication and management. It leverages its trusted computing chipsets for encryption and secure device

Precise Biometrics wins first deal with U.S. government

Precise Biometrics has signed its first U.S. Government related purchase orders for Tactivo and is set to implement pilot projects across the federal government’s military and civilian agencies. Initial orders are expected to start in the late third and fourth quarters of 2012 and will probably increase in 2013, as more pilot programs are expected. Upon successful completion of the pilot programs, Precise Biometrics looks forward to more purchase orders as Tactivo will be considered for deployment at other federal

Nuance unveils voice-based virtual assistant

Nuance Communications, Inc. has introduced a new virtual assistant called “Nina” in order to compete with other voice assistants like Siri and S-Voice.  Not only is “Nina” capable of understanding what is said, but the system can also differentiate amongst different voices.  That paves the way for the authentication of multiple voices for different functions on a single mobile device. As a virtual assistant, “Nina” is designed to pay bills, arrange bank transfers, book a vacation or even interact with