Biometric security solutions developer UMANICK has opened a new office in the ParqueSoft IT complex of Bogota, Colombia. In a statement, the company framed the move as an effort to target the Latin American region, and particularly Colombia, Peru, and Mexico, which “show high potential for biometric identification,” particularly in the healthcare, payments, and banking…
Apple Pay’s base of support in Russia has dramatically expanded today, letting more Russians order products and services through their iPhones and verifying them with secure Touch ID fingerprint recognition. While the mPayment platform launched in the country almost a month ago, it was supported at launch only by Sberbank and Mastercard. Now, as MacRumors…
Another financial services company has embraced voice biometrics for customer authentication. TIAA, a financial services company servicing the academic, cultural, government, medical, and research sectors, with a strong focus on services relating to retirement, has announced that the technology is now available “to most TIAA retirement participants,” according to a statement. As in many other…
Turkey-based smart city solutions provider ekin Technology has announced a new kind of smart vehicle for law enforcement applications. Called ekin Patrol, it’s a police car equipped with a number of sensors enabling speed, license plate, and even face recognition. All of this detection occurs in real-time as the car patrols city streets. Together with its…
Having established a leading position as a hardware supplier in the smartphone fingerprint sensor market, Fingerprint Cards (FPC) is preparing to expand into the automotive sector, the company has announced. In a statement on its website, the company suggested it has been working with major car makers interested in experimenting with automotive applications of its…
Biometric authentication specialist VerifyMe has won allowance for a new patent, the company has announced. The US Patent and Trademark Office (USPTO) has issued a Notice of Allowance for the company’s “‘Home’ Button With Integrated User Biometric Sensing and Verification System for a Mobile Device.” In a press release, the company explained that the patent covers…
The overall biometrics market is going to reach $26.8 billion USD in revenues by the year 2020, according to a new report from ABI Research. The market analysis firm sees high potential, but also notes dispiriting challenges for the industry. The biggest challenge lies essentially in some companies over-promising and under-delivering. It isn’t deliberate, but rather…
Iris biometrics company EyeLock has found a new regional partner for Brazil and Latin America. COMTEX, an electronic security integrator based in the region, has stepped to offer manufacturing and distribution services. Explaining the selection of the company in a statement, EyeLock’s Chief Marketing and Business Development Officer, Anthony Antolino, pointed to the company’s prominence in the…
Today, SpeechPro USA announced that, along with healthcare tech provider PenRad, it has pioneered a touchless data entry solution aimed at the healthcare market – specifically hospitals and clinics. A combination of SpeechPro’s voice biometrics and PenRad’s Applicadia technology provides a multifaceted solution for healthcare professionals that, among its many benefits, mitigates the spread of disease within…
The phone-based authentication market will undergo a pronounced growth trend over the next several years, according to a new report from Technavio. The firm predicts an annual growth rate of 49.33 percent (CAGR) between 2014 and 2019. The report’s authors suggest that the main advantage for this market is that it doesn’t require any special,…