The Quiet Revolution Spurred by Biometrics-as-a-Service

A recent study conducted by Research and Markets found that the current value of the biometrics-as-a service (BaaS) market is about 1.20 billion US dollars (2017) and is likely to see a rapid growth by 2023. This growth is driven by the fact that it is very much affordable, easy to integrate and no headache of maintenance associated with it. As a result, more and more small and medium-sized companies are going for it.

Let’s take for example the Safety Plus. They are high-quality loss control and safety management service provider for more than 150 companies nationwide. They were facing challenges to authenticate visitors within their premise and looking for an IAM (Identity & Access Management) system. They already had an access control solution of their own, so all they were interested in was to add biometric functionality to it. Also, they wanted portability without taking the burden of developing and maintaining a complete biometric system.

After a rigorous evaluation, they decided to go for a cloud-based solution and using biometric-as-a-service from M2SYS. After connecting to CloudABIS API, their risk of losing millions of dollars per year was minimized.

As industry-leading companies are starting to move toward the most secure way of human identification, a large number of small and medium scale companies are yet to adopt this technology. One of the main reason behind this is the required budget for implementation and maintenance of a biometric system.

How did biometrics-as-a-service become a reality?

Quickly after realizing the situation, the vendors of biometric industry have started offering the cloud-based biometric solution as a service at a very affordable price. This resulted in the implementation of biometric technology making it more accessible and convenient for the government and private organizations who were looking for security measures without pressurizing their operating cost. Read more…

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Iris Recognition vs. Retina Scanning – What are the Differences?

In biometrics, iris and retinal scanning are known as “ocular-based” identification technologies, meaning they rely on unique physiological characteristics of the eye to identify an individual. Even though they both share part of the eye for identification purposes, these biometric modalities are quite different in how they work. Let’s take a closer look at both and then explain the similarities and differences in detail: Retinal Scanning: The human retina is a thin tissue composed of neural cells that are located in the posterior portion of the eye. Because of the complex structure of the capillaries that supply the retina with blood, each person’s retina is unique. The network of blood vessels in the retina is so complex that even identical twins do not share a similar pattern. Although retinal patterns may be altered in cases of diabetes, glaucoma or retinal degenerative disorders, the retina typically remains unchanged from birth until death. (Source: Wikipedia) ...

Finger Vein Biometrics Identification for Membership Management Software

An article published today in the University of Vermont’s campus newspaper The Vermont Cynic reported that the campus recreation center has adopted M2SYS finger vein technology for student member identification. Tim Lewis, associate director for campus recreation made the decision to use finger vein biometrics for member identification after brainstorming ideas on how to eliminate students carrying ID cards. Happy to see our finger vein biometric identification system used at the University of Vermont through a partnership we have with Vermont Systems, a recreation and parks software provider based in Essex Junction, VT. Modern-day membership management software is designed to help create efficiencies that antiquated methods simply can’t provide. In an effort to eliminate ID cards, prevent identity fraud, and create a more convenient user experience, many membership management facilities are evaluating vascular biometrics (finger vein) for identification because of the distinct ...

Misinformation about Biometric Technology Continues to Fuel Functionality Misconceptions

Today, we came across the following blog post from Guy Huntington at Infosec Island: “What Happened to My Biometric?” In the post, the author discusses the inherent dangers of opting into a biometric identification system by providing your fingerprint and the possible negative privacy and identity theft consequences if a user does not make sure that their biometric template is deleted from the system if they leave or opt-out. Our take: While we are always pleased to see biometric technology pop up in the news or through blog postings, we often cringe when we see these types of articles that essentially do not accurately depict biometric technology, and leave readers with ill-conceived perceptions about how the technology actually works. Anyone who works in the biometric industry can attest to the fact that there is never an image of a user’s fingerprint stored. The truth of the matter is that biometric enrollment templates stored on a server are not actually an image of t...

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