Oracle has released a new version of Oracle Retail Point-of-Service that aims to increase security, operational efficiency and functionality in part by integrating biometrics.

Oracle partnered with DigitalPersonal to add integrated biometrics to the POS package. Users of the software will login using their fingerprint, which will replace the need for PINs or passwords. This feature intends to reduce fraud by eliminating the possibility of unauthorized employees using a manager ID or swipe card to access the POS and approve overrides.

Gemalto has won the BearingPoint innovation management award – the Agile Innovation Award – for its think tank initiative Business Innovation Garage (BIG).

BIG provides Gemalto’s 10,000 employees company-wide with a structured process to submit and manage any innovative ideas they have. Ideas covering range of fields – from communication, payment, transport, Internet access, and machine-to-machine application – are systematically challenged, audited, developed and eventually selectively turned into incubation cells.