Biosite secures £4 million of growth capital

UK-based Biosite has secured £4 million ($5.9M USD) of growth capital from Mobeus Equity Partners. Biosite offers biometric access control and software-based workforce management solutions to facilitate safe and secure sites for the construction sector. Biosite was founded in 2010 and is led by Managing Director Dr Li Wang and Research Director Dr Greg Reynolds. Its fingerprint algorithm solution works with low grade fingerprints, a feature of the construction industry, to provide access control for workers coming on site. Biosite

Egypt airports to install biometric access control systems to improve security

Egypt’s Civil Aviation Minister Sherif Fathy announced that “at least two airports” in the country will soon receive Russian inspector-recommended biometrics-based workforce management equipment to improve security, according to a report by Ahram Online. “It should arrive in Egypt mid-November. We will need some time to install it, then we will contact our Russian colleagues and discuss our next steps,” Fathy told Russian media Monday, one year after the Russian A321 plane crash over Egypt’s Sinai Peninsula. The crash killed

McDonald’s considering biometric access management to reduce fraud and waste

At SC Congress Chicago last week, Paul Munsen, the global identity and access management platform lead at McDonald’s, said that a biometrics-based access management solution has the potential to reduce fraud and waste. According to a report in SC Magazine, McDonald’s has been experimenting with the idea of using biometrics to manage employee access to corporate systems inside its retail locations. “It’s something we’re definitely looking into,” said Munsen at a panel session. “We have done some experiments with biometrics,

UAE retailer selects identity authentication system by Iris ID

Iris ID announced that its IrisAccess iCAM7000 identity authentication system has been installed for employee time and attendance at all Sharjah Co-Operative Society retail stores in the United Arab Emirates. The UAE retailer operates 26 stores with more than 3,000 employees selling products ranging from electronics to groceries. Iris ID systems in each store are connected to the payroll system at company headquarters, providing accurate reports of time worked, overtime and work absences. Sharjah Co-Operative Society had previously used a

ContinUse Biometrics receives strategic investment from Tyco

Israeli startup ContinUse Biometrics has received a million dollar strategic investment from global security systems company Tyco. According to a report in Globes, the investment will allow ContinUse Biometrics to further develop its technology and embed it into a range of solutions for Tyco’s clients around the world. According to the company’s website, ContinUse Biometrics has developed a contactless biometric sensor platform that can continuously monitor physiological state from a distance of up to several hundred meters. The sensor has

The future of the iris recognition market: A Technavio interview with SRI Identity

This is a guest post by Jesse Maida, media relations and digital marketing manager at Technavio Technavio lead analysts Amrita Choudhury and Deepthi Harimon who specialize in automatic identification system research, recently had the chance to speak with Mark Clifton, president of SRI International’s products and solutions division and vice president of SRI International. If you’re not familiar with SRI International’s name, you are unquestionably aware of the products they’ve been involved with. These products include the first two nodes

Oyo State govt to use biometric data to verify the identity of 16K alleged ghost workers

The government of Oyo State, an inland state in south-western Nigeria, said is implementing biometrics authentication technology to verify the identities of over 16,000 workers and pensioners temporarily deleted from its payroll, according to a report by Technology Times. Alhaji Olalekan Alli, Secretary to the Oyo State Government said the decision was made following alleged collection of multiple salaries, prolongment of retirement age and other violations. Those impacted were taken from some 100,259 civil employees and pensioners screened from the

Labour industry stakeholders want biometric payroll registration for Zimbabwe civil service

In an effort to weed out ghost workers, reduce costs of wages and open up money for developmental projects, labour industry stakeholders are urging the Zimbabwe government to implement biometric payroll registration of the civil service to eliminate alleged ghost workers. According to a report in The Herald, the increase in the overall costs of public sector wages has surpassed the growth in real gross domestic product. In a recent workshop organized by the National Economic Consultative Forum and USAID

SRI Identity sets up Northeast US region sales network

In an effort to extend the reach of its IOM biometric solutions, SRI Identity, a line of business of SRI International, has established a strong sales network in the Northeast U.S. region. The IOM product line brings iris reading technology to a functional and cost-effective level for use in access control, workforce management and emerging security market applications. According to a report in SourceSecurity.com, the joint sales team, which includes a premier set of manufacturer’s reps working closely with select

Bodet introduces a new interactive time and attendance system

After five years of R & D and £5M investment, Bodet has introduced a new interactive time and attendance system designed to increase staff engagement. The new Kelio time and attendance system is fronted by Kelio Visio X7, an award winning interactive terminal, which comes with a card reader, a biometric fingerprint sensor or both. Using the fingerprint option removes the risk of “buddy-punching”. The Kelio Visio X7 terminal touchscreen allows staff to easily interact with the company’s back office