Redrock Biometrics, a provider of palm-based biometrics for authentication and identification, announces the official launch of their breakthrough identification solution – PalmID-X at the exclusive invitation-only Finovate Spring 2019. PalmID-X expands the applicability of biometric identification to large groups of people, creating a basis for seamless services and transactions without physical tokens.
“Identification is much more challenging task than authentication. Most biometric modalities do not have sufficient accuracy for identifying a person in a group larger than a thousand,” says Redrock Biometrics’ co-founder Lenny Kontsevich. “Palm biometrics is different. It allows to raise the limit more than tenfold: from a thousand to tens of thousands.”
