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- W2007153942 abstract "The future ofthe transaction and the success ofall undertakings that depend on absolutecertainty that the individuals involved really are who and what they represent themselves to be isdependent upon the successful development of absolutely accurate, low-cost and easy-to-operateBiometric Identification Systems.Whether these transactions are political, military, financial or administrative (e.g. health cards,drivers licenses, welfare entitlement, national identification cards, credit card transactions, etc.),the need for such secure and positive identification has never been greater -and yet we are only atthe beginning ofan era in which we will see the emergence and proliferation of BiometricIdentification Systems in nearly every field ofhuman endeavor.Proper application ofthese systems will change the way the world operates, and that is preciselythe goal ofComparator Systems Corporation. Just as with the photo-copier 40 years ago and thepersonal computer 20 years ago, the potential applications for positive personal identification aregoing to make the Biometric Identification System a commonplace component in the standardpractice ofbusiness, and in interhuman relationships ofall kinds.The development of new and specific application hardware, as well as the necessary algorithmsand related software required for integration into existing operating procedures and newlydeveloped systems alike, has been a more-than-a-decade-long process at Comparator -and we arenow on the verge of delivering these systems to the world markets so urgently in need of them.An individual could feel extremely confident and satisfied ifhe could present his credit, debit, orATM card at any point of sale and, after inserting his card, could simply place his finger on a glasspanel and in less than a second be positively accepted as being the person that the card purportedhim to be; not to mention the security and satisfaction of the vendor involved in knowing that hisfraud risk had been reduced to virtually zero.In highly sensitive security applications, such a system would be imperative -and whencombined, if necessary, with other biometric identifiers such as signature and/or voice recognitionfor simultaneous verification, one would have a nearly foolproof system.These are the tools of what we call Transaction Facilitation, and this is the realm of ComparatorSystems Corp. Our technological developments over the last ten years have moved our Companyforward into a position of potential leadership in what is fast becoming a worldwide market, and itis toward this end that we have applied all of our efforts." @default.
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- W2007153942 title "<title>Biometric identification systems: the science of transaction facilitation</title>" @default.
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