Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

The state of biometrics today: summed up.

Friday, December 3, 2004

This article on CNN sums up just about every point ever made in any biometric article.

1) The technology in large part still requires adaptation, and it’s important to remember you felt that same trepidation when PCs, ATMs, credit cards, and online payments first appeared. 2) It’s becoming evident however, that biometrics could bring more to the table considering it is practical in so many environments. 2) Biometrics have usually been implemented for convenience or for security, but in the last 3 years decision makers have seen them as being dual purpose. 3) The technology isn’t the answer to everything. When bundled with another security tool such as passwords, RFID, or another biometric (multi-modal biometrics), it provides the final layer that could really create an ultimate security tool. 4) A biometric is not replaceable. So how much of a concern is it that it might be compromised? 5) There is much more work that needs to be done in order to regulate the usage, increase their effectiveness, and be successful in some large scale deployments. (However the US and UK tend to disagree with this, by announcing their plans to move forward with projects relying heavily on the technology.)

Biometrics must balance privacy and security. [end] 

EMVCo, the EMV technology standards body owned by American Express, JCB, MasterCard and Visa, released data showing the growth of EMV acceptance around the world, with nearly half of all payment cards and three-quarters of all payment terminals in circulation being based on EMV technology.

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Sensor supplier Fingerprint Cards AB (FPC) has extended its partnership with Chinese biometrics provider Miaxis Biometrics Co. LTD to deliver biometrics products to the Chinese banking sector.

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The introduction of biometric multimodal fusion has helped lead to greater accuracy in biometric authentication, but its adoption rate is still overall fairly low, reports ZDNet Asia.

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Missouri State University has selected Blackboard Transact to implement a contactless student ID card. This enables the new system to integrate student identification, door security, commerce and campus payment into a single contactless card.

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The state of Georgia has enlisted the help of LexisNexis to start a pilot program that utilizes identity verification and authentication tools to combatting tax fraud, reports Accounting Today.

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The National Retail Federation, the world’s largest retail trade association, is urging the Federal Trade Commission to move cautiously in establishing regulations for mobile payments.

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