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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IriTech’s Iris Recognition to Secure Refugee’s Identities

UNHCR Thailand Refugee Iris recognition

The UN Refugee Agency (UNHCR) with its primary mission to protect the rights of the refugees has been rolling out a breakthrough Biometric Identity Management system (BIMS) to ensure that the right people receive assistance wherever and whenever they need it. IriTech is proud to be part of this project providing iris scanner since the…

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Will Biometrics and Blockchain Be the Future of Identity Management?

iris recognition blockchain identity 1

Biometrics has proven to be a one of the most important technologies nowadays for identity management. However, with its increasing adoption in large-scale projects like national security and banking, there’s a growing concern over the vulnerability of the system that the information can be leaked or used by a third party without the awareness of…

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Key Drivers for Biometrics in Australia in the Next 5 Years

Australia iris recognition 1

Many years ago, Australia noticeably lagged behind the leading markets like the US in their adoption of new technology. However, their embracing of technologies like DevOps, cloud technology and biometrics has made them now closer to the technology adoption rates of more mature, overseas markets in recent years. Australia has even surpassed the US and…

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3 ways biometrics are transforming your home

iris scanner smart home 2

According to Google Trends, “smart home” term has gained more than 300% search popularity over the past 2 years. It’s no wonder that smart home is capturing headlines and mindshare with its huge futuristic possibilities. Gartner predicts that by 2020, fully mature smart home could include up to 500 connected devices. Along with such high…

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