M2SYS Releases White Paper on Using Biometric Technology To Eliminate Time Theft, Tighten Compliance

RightPunch soft clock for time and attendance

RightPunch soft clock custom employee time and attendance data interface

We are proud to announce that we have recently released a free white paper entitled: “Eliminating Time Theft, Establishing Accountability and Increasing Productivity with Biometric Technology.”  This  white paper begins with a look at the problems lack of employee accountability creates for a business and how it negatively impacts efficiency and profitability.  It then examines the increasing problem of employee time theft (offering in depth look at actual examples like extended lunch breaks, lollygagging, etc.) and how it impacts a businesses bottom line, causing billions of dollars of losses each year.  The white paper then studies limitations that traditional employee time and attendance methods pose including; sharing personal identification numbers (PIN’s), replacing stolen or lost employee ID badges, cost of resetting passwords and more.  We then explore monetary and productivity losses from inefficient payroll techniques including detailed charts and graphs that break down the numbers and present alarming statistics on just much these factors can drain profitability.

The white paper then discusses the positive impact that biometric identification technology has on employee time and attendance providing concrete examples on realized monetary savings and the direct links of adopting biometrics to increase risk mitigation.  Next we break down the different biometric modalities (fingerprint, finger vein, palm vein and iris recognition) providing the benefits of each as well as a detailed modality usability and accuracy chart.  We finish up the white paper by comparing a PC-based biometric “soft” clock with a wall mounted biometric time clock.

We hope that this white paper is helpful for our readers to gain a more thorough understanding about the value of biometric technology for time and attendance and the advantages that it brings compared to other more traditional forms of employee identification.  Please fill out the contact form on the right if you would like to receive a copy of the white paper, or click on this link:

http://m2sys.com/eliminate-time-theft-with-biometrics-white-paper.htm

Thank you for sharing this post with anyone that you feel may benefit!

Contactless Biometric Sensor Market Poised For Rapid Growth

M2SYS Palm Vein Reader with Fujitsu PalmSecure Contactless Sensor Technology

Recent reports have suggested that the contactless biometric sensor market is poised for rapid growth as more deployments of the technology take hold in vertical markets around the globe.  The report suggests that market growth for touchless sensing could reach $3656.8 million ($3.6 billion) by the end of 2015.  Touchless biometric sensors can be found in biometric hardware like Fujitsu’s PalmSecure Palm Vein biometric reader, Hitachi’s VeinID Finger Vein device and contactless fingerprint readers.  The report defined target applications for the technology as gaming, consumer electronics, automotives and transportation.

As biometric deployments begin to expand into markets and environments that are characterized by end users who may possess less than ideal skin conditions to use fingerprint technology, contactless biometric sensor technology is proving to be a viable solution.  We have previously stated that fingerprint technology is not a one-size-fits-all solution due to its reliance on skin integrity and difficulty to function properly in certain environments and with various ethnicities.  Contactless biometric sensors (which have also proven to be more accurate than sensors that require contact) alleviate these problems plus offer the added feature of being more hygienic, a problem that plagues biometric technology with sensors that require contact.

Expect to see more interest in vascular biometrics and iris recognition as companies, organizations and countries seek to deploy secure, accurate, hygienic biometric identification solutions in the future.

 

M2SYS Guest Blog Post on Privacy and Developing a More Thorough Understanding of Biometric Technology

"Biometrics erases privacy"

Does biometric technology erase privacy?

M2SYS was given the opportunity to write a guest blog post on developing a more thorough understanding of biometrics to help address some of the concerns that privacy advocates have about using the technology.  It was a response to a recent guest post on biometric privacy concerns by James Baker, political consultant for NO2ID in the UK).

Here is a link to the post:  http://jd-baker.com/2011/06/developing-a-more-thorough-understanding-of-biometric-technology-guest-post-by-john-trader-a-communication-specialist-with-m2sys-technology/

Thank you to James for allowing us to present our opinions and perspective on the subject and we hope to augment the existing research efforts on biometrics and privacy to help bridge the gaps that exist between the industry and privacy advocates.

 

Future Places Where Biometric Technology Could Be Used More Often

Where may we see biometrics used in the future?In case you had not noticed, biometric identification technology is on the rise.  So much so in fact that more and more businesses, governments and individuals are choosing to deploy biometrics over other traditional identification technologies like personal identification numbers (PIN’s), barcode/magstripe cards and RFID technology.  Biometric technology is one of the fastest emerging markets across the globe due to increased applicability of the technology for civil and commercial applications and the rise in the need to increase personal security.  Recently, a report suggested that biometric technology is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 23% from 2011 – 2013.  That’s impressive.

This post is not meant to discuss the growth potential of biometric technology however.  Instead, we wondered what the biometric landscape of the future may look like if  deployments become more widespread into common applications that affect our everyday lives.  Here are some places where we you may see biometric identification being used more often in the not too distant future:

 

  1. Libraries – Already prevalent in UK school libraries, biometric identification at libraries could soon be a widespread reality here in the U.S.  The practicality of this deployment is reflected in shrinking budgets as library systems across the country figure out ways to slash costs and improve services.  Biometric identification is a good fit since it virtually eliminates printing and maintaining library cards which is a large expense in the overall budget.
  2. Customer Reward/Membership ProgramsThink for a moment about the number of plastic customer reward cards that you carry in your wallet or on your key chain.  There’s the grocery store, pharmacy, retail, fitness club, gas station, car rental agencies, financial services, insurance and many others.  Now think for a moment the possibility of eliminating those plastic cards by substituting biometric identification instead.  Think about the amount of money that can be saved by not having to print and maintain these plastic customer reward/membership cards and the impact on the environment.  Membership oriented facilities have already began the transformation away from plastic cards and more towards biometric identification.
  3. Visitor identification – How many times have you walked into a building as a visitor and had to stop to fill out your name and information and show picture ID before being granted admittance?  Considering that anyone can scribble false information on a form and flash a fake photo ID, does this leave you feeling safe and secure?  Switching to biometric identification at visitor points of entry changes the dynamic completely by eliminating the ability for someone to fake their identity and provides a more concrete audit trail should a problem arise prompting a review of visitor history.  There are even some visitor management software Integrators who have already started deploying biometric identification technology with their end users.
  4. Point of Sale – Going out on a limb here, but our guess is that as biometric technology becomes more accepted throughout society, we may see it introduced again to the retail point of sale environment as a means to pay for transactions.  After a recent failed attempt at widespread adoption of biometric technology to process merchant transactions the technology landscape has changed and a stepped up effort to educate consumers on the science of the technology to combat privacy concerns may be effective enough to introduce it again for mainstream use.  Considering the black mark that the last failed attempt to incorporate the technology had on the reputation of biometrics, we  would venture to say that of all predictions, this one is the least likely to happen anytime soon but still plausible.  We do know that biometrics is making a comeback in retail for other applications and if this success continues, we could soon see it again for point of sale transactions.

What everyday applications that require a mode of identification do you see biometrics being used for in the future?  Any unusual ones?  Please share your feedback in the comments section below.

 

Biometric Modalities: What makes a “Good Biometric?”

The ear as a biometric identifier

Ears

 

 

The following is a guest post from Jason Hodge, Vice President of Business Development for SecurLinx.  SecurLinx specializes in networked biometric deployments and multi-modal biometric integration.  You can read more about biometric technology on the SecurLinx blog which can be found at http://securlinx.blogspot.com/

 

Iris, Retina, Face, Fingerprint, Finger vein, Palm geometry, Palm vein, gait, ear, DNA, body odor, voice, typing rhythm, signature recognition.  The range of human physical traits and behaviors offers fertile ground for scientists interested in quantifying them for use in identifying individuals.

Two main forces have influenced the selection of biometric identification modality from the near limitless choices: Convenience and Necessity.

Face and fingerprint have been by far the most convenient from both scientific and deployment perspectives.

Scientists need data to develop the algorithms that biometric systems use to identify individuals.  For face and finger, data was never a problem.  Bureaucracies have been collecting both for a century.

In deployment, it’s easy and convenient for participating individuals to interact with the technology.

Necessity, playing its usual role, has driven the development of other biometric modalities.  From a development perspective, given enough data, time and money, I suspect any definable aspect of the human anatomy could be used as a biometric identifier.

In instances where teeth are all that is known about an individual, they are used for high confidence identification.

As long as the telephone is with us as a ubiquitous communication tool, there will be significant demand for voice recognition no matter the challenges.

In order to displace finger/hand and face/eye biometrics in wide scale deployments, the newer biometric modalities will have to out-compete them on two levels, in the lab and in the market.  But in order to thrive as high value-added tools in highly specialized deployments they just need to help solve a high value problem.

Any biometric modality can be useful, especially if it’s the only one available.

Jason can be reached at Mail: blog@securlinx.com Twitter: @SecurLinx URL: www.securlinx.com