A Companies & Markets report reveals that the global multi-factor authentication market will reach $5.45 billion by 2017. The report also estimates an estimated compound annual growth rate of 17.3% from 2012 to 2017. Two-factor authentication is most commonly used multi-factor authentication model in the world with smartcard/PIN and one-time password making up the top […]
08 Feb, 2013Global multi-factor authentication market to touch $5.45 billion by 2017
08 Feb, 2013comScore study reveals opportunities, barriers in digital wallet market
A report released by comScore Inc. offers insight into consumer awareness, opinion and intent to use current digital wallet solutions. The study — entitled Digital Wallet Road Map 2013 — found that outside of PayPal, digital wallets registered awareness among only 51% of U.S. consumers. As the comScore report reveals, this lack of awareness coupled […]
08 Feb, 2013SIA asks Texas to reconsider anti-RFID legislation
Don Erickson, CEO of the Security Industry Association, has written to the Texas House and Senate with their opposition to the state’s proposed legislation to prohibit RFID technology use in conjunction with tracking and gathering information about students. The letter notes that no events have proven this technology to be harmful to students and says […]
08 Feb, 2013STOA deploys RFID-based vehicle tracking, trip validation and order completion
Essen RFID, a Mumbai-based RFID hardware manufacturer, has deployed a high-level RFID vehicle tracking system for the Sundargarh Truck Owners’ Association (STOA). Comprising of over 2,000 truck owners and managing a fleet of over 4,500 tucks, STOA provides coal transportation from the coal mines to the mines’ client industries located in eastern Orissa. The association’s […]
08 Feb, 2013Franwell debuts Vigilant RFID property and evidence tracking system
Franwell Inc., a provider in RFID track and trace technologies, announced its software platform Vigilant to help law enforcement agencies transform older manual and bar-code based tracking systems to a new state-of-the-art RFID based application. Vigilant is designed to help law enforcement manage the full lifecycle of controlling and maintaining their storage facilities. The complete […]
08 Feb, 2013Tennessee Bureau of Investigation upgrades fingerprint collection
The Tennessee Bureau of Investigation (TBI) has signed a contract with MorphoTrak to upgrade its biometric fingerprint system. Under the terms of the contract, Morpho will be providing the TBI with the Morpho Biometric Identification Solution (MorphoBIS). The new system will increase matching accuracy through more advanced matching algorithms and a larger fingerprint database capacity. […]
08 Feb, 2013EMV, mobile payment news from the 2013 Smart Card Alliance Payments Summit
The 2013 Smart Card Alliance payments Summit saw executives from MasterCard and Visa spoke about the payments industry, explained their road maps and provided vision for the future payments infrastructure. The summit saw head of authentication product integration for Visa, Stephanie Ericksen, reveal new details that will expand Visa’s roadmap to include EMV. Ericksen revealed […]