Biometric technologies

  • Biometrics market expected to hit $12 billion in 2015

    A new report estimates that the global biometrics market will hit $12 billion by 2015; the market is currently valued at $5 billion; fingerprint identification technology will see the biggest gains growing to $6 billion by 2015; the market for face, iris, vein, and voice recognition will expand to $3.5 billion; large government ID and security programs are key drivers in fueling growth

  • Low cost, easy to use fingerprint scanner hopes to be game changer

    iEvo has just introduced a low cost, easy to install fingerprint scanner that can accurately scan fingerprints through dust, dirt, water, grease, and even latex gloves; the U.K.-based company has specifically designed the technology with the needs of consumers in mind; its features emphasize easy installation, low maintenance, and aesthetics to appeal to designers, installers, as well as safety officials; the company believes that poorly designed early fingerprint technology that did not cater to the end user hampered the industry

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  • Biometric firm that targets drunk workers secures $2.1 million

    TruTouch technologies recently secured an additional $2.1 million in venture capital funding after its initial ten year $60 million investment; the company sells non-invasive alcohol intoxication detection devices that use infrared light; its technology is primarily aimed at preventing workplace injuries and detecting drunk drivers, but is also applied to diagnostic medicine; TruTouch has also recently inked a deal with Takata Corp. to install its devices in cars; the device would measure a driver’s alcohol level and if they are over the limit ignition is blocked

  • Ontario casinos implement ground breaking facial recognition technology

    Casinos in Ontario are introducing ground breaking facial recognition technology in May; in tests, the system has had a 91 percent success rate in identifying problematic gamblers; all gamblers will be required to have their faces digitally scanned and run through a database before entering; the technology includes sophisticated privacy guards to ensure privacy and identity protection; it will cost $3 to $5 million to implement and will scan more than fifty million people a year

  • Multi-biometrics combined in one system

    Lithuania’s Neurotechnology releases software that integrates fingerprint, iris, facial, and palm-print biometrics into a single system; MegaMatcher 4.0, Neurotechnology has incorporated palm-print technology along with the latest versions of its VeriFinger, VeriEye, and VeriLook biometric software development kits, all of which are built on a common architecture and feature a common programming interface

  • Portable device helps officers ID uncooperative suspects

    A portable fingerprint scanner helps police in a Florida town to identify people who refuse to identify themselves; the portable device searches the database of the Florida Department of Law Enforcement, which has more than 5.5 million criminal records; it also crosschecks a FBI database of wanted persons, sex offender registry and known or suspected terrorists

  • Face recognition on the go

    New mobile phone software recognizes friends in real time; the smart phone’s camera picks out faces in the crowd and tags them with names — so that their latest entries in Facebook, LinkedIn, or tweet appears on the smart phone’s screen

  • Hoyos shows cheap, dollar bill-size iris scanner

    Hoyos shows a small iris scanner which will allow scanning on the go; at just 5.5 inches wide, 4 inches tall, and 3 inches deep, the company’s latest iris scanner is not only a quarter of the size of the device’s previous iteration, the EyeSwipe Mini, but a quarter of its cost: the unit’s price is just $1,499

  • Voice biometrics company Persay sold for $6.7 million

    Persay, which was spun off from Comverse Technology Inc. subsidiary Verint Systems Inc. in 2000, raised $10.4 million in four financing rounds; the sale price is lower than the amount invested in the company

  • Biometrics goes mainstream -- and changes the way we live

    Biometrics will begin reaching a mainstream audience, changing the way we live; one change: we will see the beginning of the end of the wallet as it begins to move into our smart phones in ways that make it clear what is happening to the common observer

  • Hoyos Corporation (formerly Global Rainmakers): Identifying 50 people per minute

    The company says its HBOX device can scan fifty people a minute; it is used by the Philadelphia Port Authority as well as Bank of America at lobby entry points; the company made headlines recently with an ambitious city-wide deployment in Leon, Mexico

  • Adding biometrics to E-Verify would reduce illegal immigration

    A new white paper argues that adding biometric technology to E-Verify would bolster DHS’s legal employment verification system; the paper author, former senior FBI official, says that better verification of employment credentials would significantly reduce the flow of illegal immigrants because it will make that much harder for illegals to find a job

  • Will facial recognition biometrics come of age in 2011?

    Face recognition biometrics has been around since the mid-1960s, but is yet to develop a strong market presence; recent tests of the technology in conjunction with CCTV — in Birmingham and London in the U.K., and in Tampa, Florida and Logan Airport in the U.S.— were disappointing; still, Chris Routledge, managing director of U.K. Time Solutions Ltd, argues that facial recognition biometrics will come of age in 2011

  • Rhode Island prison deploys new inmate eye scanners

    This summer a Rhode Island prison inmate was able to walk out of prison by posing as another inmate who was up for parole; the state Department of Corrections has deployed an eye scanner in the prison that checks inmates’ eyes to ensure identity

  • Doubts cast on fingerprint security for online banking

    A new fingerprint security system could offer an alternative to remembering multiple online account passwords; some argue, however, that such a system is open to error and would face opposition in developed countries where it is seen as socially unacceptable