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

UK biometrics developer receives nearly $1 million in investments

Wednesday, July 2, 2008

Warwick Warp, a UK biometric developer, has developed a new fingerprint recognition system that has brought investments of £500,000 (nearly $1 million USD), according to a Coventry Telegraph article.

The new system, by using patented algorithms, can correctly identify a fingerprint even from damaged, partial, or low quality images. In addition to the new system improving upon current system’s accuracy, it also claims to increase speed and reliability.

Warwick Warp sees this new technology as being particularly lucrative in border control and forensics, however, it has a number of possible applications in business and can be used to upgrade old fingerprint systems rather than replace systems entirely.

Read the full story here [end] 

Related Articles
New airport e-gate supports multimodal biometrics

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 »
HID receives additional Green Card order

HID Global has received a follow-on order for the manufacture and supply of U.S. government Permanent Resident Cards, also known as “Green Cards,” issued to all legal foreign residents of the United States under the U.S. Citizenship and Immigration Services (USCIS) border security program.

read more »
Fingerprint Cards extends Miaxis partnership with eye on Chinese banking sector

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 »
GPI receives multiple orders for RFID casino currency

Gaming Partners International announced that it has received three orders to supply casino chips and plaques totaling just under $4.7 million.

The company will produce approximately 700,000 custom Bourgogne et Grasset (B&G) premium casino chips for Venetian Macau Limited’s Sands Macau and Sands Cotai properties. GPI will also produce over 80,000 B&G RFID plaques to Sociedade de Jogos de Macau, S.A. (SJM)’s Grand Lisboa property.

read more »
DoD's BIMA exercises modified second option year on BOSS-U contract

The Department of Defense’s Biometrics Identity Management Agency (BIMA) has exercised the second option year with modifications on the Ideal Innovations Inc. (I-3) Technology Management task order under the Biometrics Operations and Support Services – Unrestricted (BOSS-U) contract. The cumulative value of the contract is now $30.5 million.

read more »
Aware sells patents to Intel for $75 million

In an effort to sell and/or license part of its patent portfolio, Massachusetts-based Aware Inc. has signed an agreement to sell some of its patents and patent applications to Intel Corporation for $75 million.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.