HID Predictions in Id Technology

HID Global has identified the top trends in the identity technology industry for 2018. The company points towards increased cloud and mobile access adoption, more focus on securing the Internet of Things (IoT), and data analytics as some of the top trends that will take center stage in developing more intelligent, connected experiences this year. “Trusted identities will emerge this year as the fundamental building blocks for organizations to create environments that connect people, places and things,” said Samuel Asarnoj, Senior Vice President, Corporate Strategy & Business Development with HID…

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School Security Systems Industry US Market Overview

With the growing number of schools in the United States with video surveillance, electronic access control and other traditional security systems, the number of potential “greenfield” projects for suppliers falls. Declining numbers of new security system installations will lead to slowing market growth over the next five years. Even so, security manufacturers are looking to implement the following new security technologies to improve school safety, which would also help reignite market growth: 1.     Facial recognition technology Many of the video surveillance systems currently used in schools are not actively monitored…

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Verint®Systems New Line of Solutions for SMB Market

Verint®Systems Inc., the customer engagement company™, has announced its contact center workforce engagement offerings specifically designed for today’s small and medium-sized businesses (SMBs). Verint’s purpose-built SMB solutions provide a simple, modern approach to customer engagement, and rapid time to value. Because they are easy to implement, easy to use and easy to maintain, companies can cost-effectively heighten contact center workforce engagement, enhance service quality, optimize performance and meet compliance requirements. The new Verint SMB offerings are available in the cloud and on-premises, and include: Compliance recording: Captures, archives and retrieves…

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FICO Fintech 4finance Deploys AML and KYC Solution

4finance Group, Europe’s leading online and mobile consumer lender, has deployed FICO® TONBELLER® Siron® solutions for anti-money laundering (AML) and know your customer (KYC) compliance across 10 countries and 20 back-office systems in just nine months. The cloud-based FICO solutions are delivering audit-verified compliance with global and regional regulations while maintaining 4finance’s promise to issue customers a loan in 15 minutes. For these achievements, 4finance Group has won a 2017 FICO Decisions Award for Regulatory Compliance. “Working with FICO, we created an AML/ KYC framework that bolstered our compliance without…

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NIST Blockchain Technology Aims to Go Beyond the Hype

Beguiling, baffling or both – that’s blockchain. Aiming to clarify the subject for the benefit of companies and other organizations, the National Institute of Standards and Technology (NIST) has released a straightforward introduction to blockchain, which underpins Bitcoin and other digital currencies. Virtual barrels of digital ink are flowing in the media nowadays about these cryptocurrencies and the underlying blockchain technology that enables them. Much of the attention stems either from the giddy heights of value attained lately by the most well-known of these currencies, Bitcoin, or from the novelty…

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Indian INCs Look at Investment in Security

2017 will undoubtedly be considered as the ‘Year of ransomware,’ the year when the global security landscape was forever changed by attacks like WannaCry and NotPetya. The havoc caused by these attacks reached far beyond the paltry ransom demand. Hospitals turned away patients, production lines came to a halt, nuclear radiation monitoring was disrupted, and so on. Cyber events like these were a wake-up call to the brave new world of cyberattacks and how they could reach further into the ‘real world’ than ever before. But it’s not just ransomware…

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Hikvision: Deep Learning in Smart Retail Solution

In this ever-expanding era of artificial intelligence (AI), Deep Learning will soon become the foundational technology for the security industry. Technologies that ‘learn’ will become more common and more powerful. This trend will strengthen critical security efforts in every sphere. Hikvision introduces three camera models equipped with deep learning algorithms in the smart retail industry. With the growing popularity of shopping online, the retail sector has felt the disruptive impact of Internet e-commerce more than most industries. Some have reacted to online competition by closing physical stores, but others are…

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Top Video Surveillance Trends for 2018 – Video Surveillance Fault Tolerance

Demand for professional video surveillance cameras has been growing quickly and is forecast to continue growing in 2018. It is estimated that less than 10 million surveillance cameras were shipped globally in 2006, which grew to over 100 million in 2016, and is forecast to make over 130 million during 2018. Despite this increase in demand, the average price of cameras and other video surveillance equipment will continue to fall quickly. As a result, IHS Markit forecasts that in terms of US dollar revenues the world market for video surveillance…

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