Credence ID’s handheld biometric solution wins Frost & Sullivan award

Frost & Sullivan has awarded Credence ID with the 2015 Asia-Pacific Frost & Sullivan Entrepreneurial Company of the Year Award for its mobile biometric product suite, Trident.

Credence ID’s Trident mobile product suite is a handheld tri-biometric solution that includes fingerprint recognition, face recognition, and iris recognition.

The company’s Trident mobile device employs three sensors, including a smart card reader, face recognition sensor, and fingerprint sensor.

Credence ID’s devices are all 3G, GPS and Wi-Fi enabled, and can link to the Credence Cloud for downloading and upgrading of the SDK, OS and applications.

Both Trident and CredenceOne are identity platforms that interface with software applications developed by partners, such as solutions for voting, pension/welfare distribution, banking, insurance and healthcare.

Additionally, the company’s products are technology agnostic and have been effectively deployed in ID programs in South East Asia and other regions around the world.

“However, as national ID programs are unique and predominantly utilized in emerging economies, the high emphasis on cost makes it difficult to conceptualize an idea and translate it into a product,” said Ram Ravi, Frost & Sullivan industry analyst. “Credence ID has successfully navigated this challenge and leveraged its skills as a platform provider to cater to system integrators and value-added resellers. In addition to being user friendly, the platform features robust software that includes source code to execute basic biometric activities.”

Frost & Sullivan rewards the Asia-Pacific Frost & Sullivan Entrepreneurial Company of the Year Award each year to a small company that demonstrates exceptional entrepreneurial ability in its industry during the research period.

The award signifies the company’s identification of a unique and revolutionary product solution with considerable market potential, while certifying their marketing strategy as poised for success.

Previously reported, Credence ID recently 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.

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