Yang explains that the large area of a human palm comprises unique skin lines and creases at a wide range, which when exposed to a camera from a distance of six inches or more gets captured in great detail. Redrock's PalmID uses machine vision techniques to convert the palm's RGB video into a template. The solution can work in low light conditions (10 lux) to authenticate a user accurately in less than 100 ms—making it fast, stable, and reliable for authentication during financial transactions.
Being the only company to have developed a palm-based authentication system, we are in the driver’s seat to revolutionize the biometric industry in the upcoming days
Lenny Kontsevich, Co-Founder and Chairman of Redrock talks about a major manufacturer of ATM machines, who wanted to replace cards with mobile phones to identify and interact with users. PalmID emerged as the right solution for the manufacturer as users could authenticate just by showing their hands to the cameras embedded in phones. In another instance, a major bank in the U.S. that required biometric solutions to sign-in its employees chose ‘Windows Hello’ initially. But after realizing that their devices lack infrared sensors required by ‘Windows Hello’, the bank took a more agile and cost-effective approach by adopting Redrock’s PalmID.
Since its launch in 2017, Redrock started working with Wells Fargo and was accepted as a part of the latter's Accelerator program. Alongside collaborating with software companies like Fujitsu and international ID providers, Redrock has also engaged with an electronic device provider Epson to improve its sales and applications. Further, PalmID has found an audience in the automotive industry around the premise of avoiding keys to operate vehicles with foolproof security.
"Although palm-based authentication is not yet popular in the market, it has tremendous potential to improve authentication systems across industries," says Yang. "Being the only company to have developed a palm-based authentication system, we are in the driver’s seat to revolutionize the biometric industry in the upcoming days."
Redrock Biometrics has come up with a comprehensive identification solution, PalmID-X, which puts up a foundation for flawless services and payments exclusive of tokens.
FREMONT, CA: Redrock Biometrics, one of the top providers of palm-based biometrics for authentication and identification, officially launched their breakthrough identification solution, PalmID-X at the Finovate Spring 2019. PalmID-X develops the applicability of biometric identification to large groups of people by building a foundation for seamless services and transactions devoid of any physical tokens.