EyeLock Inc., developer of advanced iris-based identity authentication solutions, displayed its new access control system, HBOX, at the ISC West security event held in Las Vegas earlier this month. Available through Stanley Security Solutions, HBOX is a multimodal biometric reader that scans the iris to deliver a high level of security. Designed as an over-the-door device, it can be used indoors as well as outdoors, with multiple mounting options ranging from mobile stands and fixed frames to wall mounts. 

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"When you don't have trusted identities for accessing your online banking infrastructure, anyone in the wild can make a request, and you have to respond to it," says Jeff Carter, who ran innovation for Bank of America and the Center for Future Banking, a joint venture between Bank of America, MIT and Harvard University, for six years and is currently chief strategy officer at EyeLock. He has a vested interest: his company's technology scans the human iris to create a "trusted identity" that can be used to authenticate users of anything, including a mobile banking app or online banking site. 

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You would think the benefits would be obvious enough: by entering a few numbers, you can achieve a basic level of protection from prying eyes. But according to a recent study, 44% of users said that even this was too much of a hassle – worse, 30% weren’t even worried about mobile security at all. From 0000 to 9999 there are 10,000 possible combinations of digits, yet in a sample of 3.4 million passwords, over 10% were cases in which somebody decided that “1234″ was their best choice. 

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Capco, financial services technology consultants, and EyeLock, provider of iris-based identity authentication products, have teamed up to bring Iris biometric security to banks.

EyeLock's technology is aimed at increasing security for keyless bank entry, customer-facing applications, online and mobile systems, account opening, check clearing and wire transfers.

 

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NEW YORK, April 16, 2013 /PRNewswire/ -- Today, EyeLock Inc., a leading provider of iris-based identity authentication solutions, announced a partnering relationship with Capco, a global business and technology consultancy dedicated solely to the financial services industry, to implement EyeLock's identity authentication security solutions across the financial services sector. 

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Fintech consultancy Capco has teamed up with EyeLock in a bid to sell the latter's iris-based identity authentication technology to the financial services industry.

With security breaches costing the banking industry billions of dollars every year, the pair hope to convince firms to ditch PINs and passwords in favour of biometrics. 

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EyeLock has announced the introduction of the new HBOX access control system.

This iris-based identity authentication system has been engineered to meet the needs of rapid-throughput environments, as it identifies 50 people per minute at a distance of four feet, making the HBOX ideal for environments such as airports, stadiums and enterprise environments.

 

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EyeLock Inc. has just launched its new HBOX iris biometric access control system at ISC West in Las Vegas.

Capable of authenticating up to 50 people per minute at a distance of four feet, the company says this system has been engineered to meet the needs of rapid-throughput environments such as airports, stadiums and enterprise environments.

 

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Las Vegas, NV – Venetian Ballroom E – April 10, 2013 – EyeLock Inc., a market leader of iris-based identity authentication solutions, announced today the introduction of the new HBOX®, its highly praised access control system, to be showcased April 10-12 at the Stanley Security Solutions’ Venetian Ballroom E during ISC West in Las Vegas. Capable of authenticating 50 people per minute, this high-throughput iris recognition device provides unmatched speed, ease of use, accuracy and security.

 

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NEW YORK, April 4, 2013 /PRNewswire via COMTEX/ -- Jeff Carter, Chief Strategy Officer at EyeLock and a thought leader in banking innovation with more than 15 years of banking and technology experience, today issued the following statement in reaction to recent breaches and security violations at banks and financial institutions in the United States: 

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Under a new strategic partnership, EyeLock Inc. and Stanley Security Solutions (SSS) will work to further commercialize EyeLock’s iris-biometric offerings. 

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EyeLock Inc., a leading provider of iris-based identity authentication solutions today announced its strategic partnership with Stanley Security Solutions (SSS), part of Stanley Black & Decker, the second largest commercial security services company in the United States and a leading provider of advanced integrated security solutions globally, to further commercialize EyeLock’s iris-biometric offerings. 

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EyeLock, announced its strategic partnership with Stanley Security Solutions, part of Stanley Black & Decker, the second largest commercial security services company in the U.S. and a leading provider of advanced integrated security solutions globally, to further commercialize EyeLock's iris offerings. Under the terms of this strategic partnership, Stanley has acquired the exclusive rights to distribute EyeLock's proprietary technology, products and solutions for access control applications in the U.S., Canada and Europe. 

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That’s one eye-catching phone!

Manhattan-based tech firm EyeLock Corp. expects to see a smartphone equipped with iris-recognition technology next year.

The feature would allow the owner to unlock the device just by looking at it, eliminating the need for a password.

 

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Stanley Security Solutions believes iris recognition technology is going to be the next big thing in access control.

On Tuesday, it announced a new partnership with iris biometric provider Eyelock (previously Hoyos). Two years ago Stanely CSS announced a partnership with Hoyos. Here's that story.

 

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FISHERS, Ind. — Stanley Security Solutions (SSS), part of Stanley Black & Decker, has extended its partnership with EyeLock, a provider of iris-based identity authentication solutions.

Under the terms of the agreement, Stanley has acquired the exclusive rights to distribute EyeLock’s proprietary technology, products and solutions for access control applications in the United States., Canada and Europe. The technology will be made available to the broader commercial market-at-large through a newly formed EyeLock Certified Dealer Program, which will expand SSS’ global reach and contribute to the company’s organic growth strategy.

 

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EyeLock, a provider of iris-based identity authentication solutions has announced a strategic partnership with Stanley Security Solutions (SSS), part of Stanley Black & Decker, to further commercialize EyeLock’s iris-biometric offerings. 

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Stanley Security Solutions announced its partnership with EyeLock Inc., a provider of iris-based identity authentication solutions. EyeLock provides a suite of iris-based identity authentication solutions as an added differentiator to Stanley’s existing security solutions. 

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Eyelock has announced a strategic partnership with Stanley Security Solutions (SSS) to further commercialize EyeLock’s iris biometric products.

Through the partnership, EyeLock’s iris-based identity authentication solutions will be added as an additional differentiator to SSS’s existing security solutions. In addition, the EyeLock partnership will allow SSS to bolster its global distribution and organic growth strategy across key vertical markets.

 

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EyeLock Inc., a provider of iris-based, identity authentication solutions today announced its strategic partnership with Stanley Security Solutions (SSS), part of Stanley Black & Decker, a provider of advanced, integrated, security solutions globally, to further commercialize EyeLock’s iris-biometric offerings. 

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Stanley Security Solutions is betting on biometrics.

The security services unit of Stanley Black & Decker (SWK) said Monday it has formed a partnership with EyeLock, a developer of identity management software that authenticates people by scanning their irises.

 

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Exclusive Partnership to Bring Secure Identity Authentication Solutions to the Enterprise Market in the U.S., Canada and Europe

New York, NY – March 26, 2013 – EyeLock Inc., a leading provider of iris-based identity authentication solutions today announced its strategic partnership with Stanley Security Solutions (SSS), part of Stanley Black & Decker (NYSE: SWK), the second largest commercial security services company in the United States and a leading provider of advanced integrated security solutions globally, to further commercialize EyeLock's iris-biometric offerings.

 

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FISHERS, IN – March 25, 2013 – Stanley Security Solutions (SSS), part of Stanley Black & Decker (NYSE: SWK), the second largest commercial security services company in the United States and a leading provider of advanced integrated security solutions globally, today announced its strategic partnership with EyeLock Inc., a leading provider of iris-based identity authentication solutions. EyeLock provides a suite of the most user-friendly, scalable and cost-effective iris-based identity authentication solutions as an added differentiator to SSS’s existing security solutions. The EyeLock suite enables SSS to bolster its global distribution and organic growth strategy across key vertical markets, with a key focus on the financial services, banking, healthcare, industrial, education and government sectors. 

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Yesterday, the Federal Trade Commission released its annual list of the top categories of consumer complaints received by the agency. In 2012, for the thirteenth year in a row, complaints about identity theft topped the list. 

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