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

Biometrics may curb ID theft

Friday, June 20, 2008

In a recent survey, 88% of respondents believed that current identity thefts fall on the victim’s lack of responsibility in managing personal information, according to a Wall Street and Technology article. The survey, performed by consulting firm Accenture, involved 800 UK and American citizens who regularly use high-speed internet connections and seemed to point out that human carelessness is the overwhelming cause of ID theft occurring online.

As a possible solution, Accenture suggests employing biometrics, specifically fingerprint scanners. Right now a lack of public awareness and cost of implementing biometrics is slowing significant adoption of the technology, but as the inclusion rate of fingerprint scanners on laptops and mobile devices increases, the prices are expected to drop.

Read the full story here[end] 

Vision-Box, a biometrics solutions provider, has come out with an automatic border control e-gate that supports multimodal biometric authentication.

This new e-gate is a thin system that contains vb i-match, a single sourced design that is modular and flexible and can be adapted to business requirements and infrastructure constraints that would otherwise disrupt passenger flow. It has the ability to cope with industry standards such as ICAO. The e-gate supports iris, fingerprint and facial biometrics.

read more »

LexisNexis Risk Solutions has added interactive voice response technology (IVR) from Angel, a provider of cloud-based customer engagement management products, for its LexisNexis IVR on Demand for Identity Proofing and Voice Biometrics product.

read more »

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.

read more »

EarthSearch Communications has entered into a partnership agreement with Cynox, the Nigerian technology solutions provider, to monitor fuel levels in oil tankers.

In Nigeria, the cancellation of government oil subsidies has lead to increasing concerns over oil theft. EarthSearch’s integrated RFID and GPS product, together with level sensor technology will be used to monitor sudden drops in fuel level to detect the unauthorized siphoning of oil from the top of tanker.

read more »

According to Javelin Strategy & Research, the amount of identity theft rose 13% from 2010 to 2011, reports Digital Trends. In terms of hard numbers, about ten million adults experienced identity theft in 2010, a figure that rose to 11.6 million in 2011.

read more »

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.

read more »