The role of biometrics in healthcare digital transformation

Iris biometric healthcare

Technology is changing every industry in significant ways and healthcare digital transformation is surely an inevitable trend. It’s expected that digital healthcare spending could reach US$206 billion worldwide by 2020, according to Statista. Biometrics is joining the hype in providing patient identification and employee access control solutions. In developed countries, biometric system tackles the chronic…

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Growing Demand for Biometrics in POS System Market

biometric payment POS

Point of sale (POS) system is playing an important role in retail industry by helping business avoid manual errors, better manage inventory, customers, merchandising and marketing campaign. With the advancing technology developments that enable POS system to be more secured and convenient, the demand and adoption of POS is expected to witness a significant growth…

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Biometrics to Enhance Security of Crypto Exchanges

crypto exchange Copy

A large amount of cryptocurrency exchanges are kept being hacked in recent years. According to experts, cyber security is its Achilles’ heel. Biometrics with its uniqueness is believed to provide a stronger user authentication and help trace hacker identity. The enormous amount of trading money on crypto exchanges and the anonymous nature of trades have…

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Biometrics Is Driving Big Changes in Anti-Money Laundering Activities

Iris scan money launder 2

Anti-money laundering (AML) remains a significant challenge for banks and financial institutions globally. As biometric technology becomes more reliable, affordable and innovative, it is driving remarkable changes on how regulators and institutions are combating with money laundering and terrorism financing (CTF). According to United Nations Office on Drugs and Crime (UNODC), the estimated amount of…

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Biometrics to Help Fight against Poverty in Africa

iris scan pension Africa 1

There’s growing trend of deploying biometrics to distribute stipends or pension to the elderly in Africa in recent years. This is African government efforts to build an effective identification scheme in order to fight poverty in the region. According to the Centre for Global Development (CGD), the absence of proper identification tools inhibits citizens’ access…

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Top Myths about Iris Recognition You Might Misunderstand

iris recognition myth

Iris recognition is considered fairly new in biometric authentication compared to fingerprint but it’s more inclusive in enrollment and more precise for authentication, with a better tradeoff curve between errors of acceptance and rejection, according to POC test carried out by the Unique Identification Authority of India. In a pilot test done in Malawi by…

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Iris Recognition ID card To Win over Counterfeit Driver License

iris recognition ID card 2

Synthetic identity is on exponential growing trend in many countries especially North America. CBC reported in 2014 that thousands of driver’s licenses with fake names were costing Canadians up to a billion dollars a year. By 2017, synthetic ID fraud has been a top major threat that accounts for 80 to 85% of all identity…

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Biometric Handheld Device as a Key Factor in Law Enforcement

biometric law enforcement

According to United Nations, there are over 232 million people now live outside of their original country; this equates to 3.2% of the global population. More people are on the move than at any time in human history due to easier and cheaper international travel. The number of immigrants and refugees are also increasing each…

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Biometrics to Enable African Healthcare System Leapfrog

Africa biometric healthcare 2

There has been an increasing adoption of digital technology by African governments to improve the healthcare system where biometrics plays a major role in the identification of individuals and securing patients information. For a long time, the system has become overload with bulky paper-based management which led to many consequences. South Africa-based Chris Hani Baragwanath…

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You Think Your Cryptocurrency Wallets Are Safe? Think Again!

Biometric Bitcoin Wallet 2

Cryptocurrency wallets are like the leather wallets some of us still use in real life for carrying cash and a series of credit cards. But there are other things that a cryptocurrency wallet can do, for instance storing hundreds of digital currencies without worrying about ever running out of space, checking balance and keeping tracks…

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