Princeton Identity announced three new patents related to innovations in iris recognition technology that the company was awarded by the U.S. Patent and Trademark Office (USPTO). The new patents represent the application of Princeton Identity’s unique approach to iris authentication in three very important market areas: access, marketing, and financial transactions. Using the techniques described in these patents, Princeton Identity advances the application of iris identification and personnel authentication much more broadly than physical security and represents the anticipated adoption of these technologies in the broader marketplace.
Princeton Identity has recently implemented an iris recognition system at Brevillier Village, a long term care and independent residential/retirement facility in Erie, Pennsylvania, that will make access control procedures easier and more convenient for both residents and staff. According to Jean LaFuria, Vice President of Residential Services, Brevillier Village, there were problems on-site when residents had difficulty using the access control keypads to move about the facility. A variety of options were investigated, including larger keypads to increase visibility, but none were an ideal solution.
The Government Security News 2014 Airport, Seaport, Border Security Awards Program has selected Iris ID in the category of Best Biometric Identification/Authentication Facility. In a comment on this award, Adrian Courtenay, GSN Managing Partner and CEO said, “IRIS ID has proved itself to be a standout leader in IRIS-based ID Authentication, with products that provide […]
Anviz Global announced the launch of a new biometric access control device that uses iris recognition to bolster security. The solution is called UltraMatch and it can scan user irises from distances between 18 and 25 centimeters, even in complete darkness. It features a dual-functioning algorithm that can extract employee biometrics and also match scanned […]
According to the new market research report “Next Generation Biometric Market by Technology, Function, Application & Geography – Forecasts & Analysis 2014 – 2020”, published by MarketsandMarkets, the biometric market will be worth $23.54 Billion by 2020 at an estimated CAGR of 17.6%. Browse 158 market data tables, 59 figures spread through 352 pages, and […]
ISC West was a major event in the world of physical access control verticals and as was discussed in the latest findBIOMETRICS primer, biomtertic technology has an immense number of applications when it comes to keeping areas protected via identity management. Iris ID, formerly LG Iris, has been taking full advantage of the stage that […]
TD The Market Publishers Ltd London, UK (PRWEB) January 23, 2014 The worldwide market for government biometric systems is poised to be on an upward trend through to 2024. Currently, North America ranks as the leading regional market, driven primarily by the constantly rising demand for fingerprint recognition systems in the USA. The expenditures on government biometric systems in APAC are anticipated to witness substantial growth through 2024. Meantime, other emerging markets like Africa and Latin America are also anticipated to see positive growth in the upcoming decade. The spending on biometrics systems in the European countries is likely to be propelled by the increasing demand for national ID programs and e-passports. Biometric fingerprint identification and facial recognition segments are expected to call for the dominant market shares of the overall government biometric systems market in the next 10 years. The retinal/iris recognition segment is forecast to register a 5.79% CAGR through 2024. The major challenges being faced by the world government biometric systems market include, among others, the complexity and cost of implementation of such systems, as well as a strict control of access to databases keeping personal identification information. New research report “ The Global Government Biometric Systems Market 2014-2024 ” worked out by Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd. Report Details: Title: The Global Government Biometric Systems Market 2014-2024 Published: January, 2014 Pages: 173 Price: US$ 4,800.00 http://marketpublishers.com/report/industry/defence-security/global-government-biometric-systems-market-2014-2024.html An up-to-bottom view of the current situation in the worldwide market for […]
by CBR Staff Writer | 14 November 2013 Researchers claim the use of biometric technology to eliminate the requirement of passwords would is a likely next step. Researchers at Purdue University are developing new biometrics technology, which would allow users to log into computers using iris and fingerprint scans rather than typing passwords. Being developed at the university’s International Center for Biometrics Research, the technology will enable logging into a computer or activate a smartphone by swiping their fingerprint over a sensor which will not require frequently changing passwords. International Center for Biometrics Research director Stephen Elliott was cited by Associated Press as saying that iris and fingerprint scans, as well as facial and voice recognition, are just a few of the tools that can boost security while making lives easier. “I think the average person would tell you they have too many passwords and it’s a hassle to change them all the time, and therefore they use the same password for lots of things, which inherently makes that easier to break,” Elliott added. According to researchers, soldiers in Iraq carry handheld devices that enable scanning fingerprints, retinas and faces and evaluate them with identities in the database Researchers noted that the use of biometric technology to eliminate the requirement of passwords would be a natural next step.