• 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

  • 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