News and insight into biometric identification and authentication

bioMETRX completes purchase and integration of competitor's assets

Wednesday, July 9, 2008

bioMETRX has finalized its purchase and integration of former competitor Sequiam.

BioMETRX’s hope is that many of the biometric products previously offered by Sequiam will help compliment their new smartTOUCH fingerprint recognition products. In addition to the product lines gained in the transaction, bioMETRX now has access to Chinese manufacturing and some large company accounts that were previously held by Sequiam. [end] 

Charleston, S.C. has completed a contactless overhaul of all 1,840 of the city’s parking meters, according to charleston.thedigital.com.

Instead of traditional coin fed machines, the new meters come equipped with smart card readers that accept quick and easy cashless payment. Citizens use special contactless parking passes that essentially function like debit cards. Users can load credit onto the cards at the Department of Traffic and Transportation and the Charleston Visitor Center Gift Shop.

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Safran SA, a Paris-based developer of defense-related electronics, is in talks to buy the majority of biometrics developer L-1 Identity Solutions, according to a Bloomberg article. Safran is one of multiple bidders to purchase the company, who has seen big jumps in its stock price recently.

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Gaming Partners International, a provider of solutions for licensed casinos, has delivered over 69,000 of its RFID-enabled casino chips and plaques to Gran Casino Costa Brava in Spain, according to iNTERGAME.

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Netsize has released a new report finding that a majority of survey respondents would use their mobiles to buy big-ticket items.

“Unlocking the Value of Mobile Commerce” includes research on the value amounts that people are ready for and willing to pay through their mobile phone for pricey items that go beyond the usual mix of transport tickets and parking tokens, according to Netsize.

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Ceelox has announced that it has finished development of a prototype application that would use Ceelox’s fingerprint biometrics to enable biometric authentication in online environments such as corporate intranets, cloud computing networks and commercial applications like online banking and other personal account-based access.

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Canadian reader and tag provider GAO RFID Asset Tracking has rolled out a long range active RFID UHF beacon tag appropriate for tracking mobile assets, controlling access or online inventory, and locating assets or personnel in designated areas.

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