Microblink has launched a Fraud Lab to combat identity fraud using AI, joining IndyKite’s efforts with DIACC and Wink’s partnership with ADI Association to enhance digital identity security. These initiatives reflect a strong industry push towards cooperative solutions against identity theft. Microblink, a leader in identity verification technology, has launched its Fraud Lab aimed at…
Humaniq is a fintech company revolutionizing financial access for unbanked individuals in developing regions through the use of blockchain and biometric technologies. By providing a mobile platform that allows secure, zero-fee transactions, Humaniq aims to empower marginalized populations by offering accessible financial services without the complexities of traditional banking. The incorporation of HMQ cryptocurrency and…
Contactless hand biometrics currently face accuracy limitations for standalone forensic applications, highlighting a need for additional methods to support identification. Research by the Biometrics and Security Research Group outlines varying algorithm performances, while Innovatrics advances 3D fingerprint technology to enhance accuracy significantly. NIST updates regarding interoperability reflect ongoing efforts to standardize and improve contactless fingerprint…
Access control is a security practice that governs access to physical and digital resources, minimizing risks to organizations. It includes physical and logical access controls, utilizes various authentication methods, and comprises several models like MAC, DAC, and RBAC. Managing these controls effectively, particularly in distributed IT environments, remains a significant challenge due to evolving security…
The United States Fingerprint Identification Module for Door Lock Market is projected to grow significantly, driven by ongoing advancements in biometric technology and rising security concerns. Expected to reach USD xx.x billion by 2023, the market is anticipated to grow at a CAGR of xx.x percent until 2031, with its applications spanning residential, commercial, healthcare,…
DHS intends to award a sole source contract to NEC National Security Systems for maintaining its facial recognition software, emphasizing the importance of customized support for existing software licenses. This move is aimed at ensuring continued security and operational efficiency in biometric identification processes crucial for national security. The contract avoids potential expenditure of $40…
