IrisIdent is a biometric identification system that uses the unique patterns of the human iris to verify an individual's identity. Using a standard video camera, the system takes a picture of an individual's iris and compares it with a previously stored iris image. The result is a rapid validation of the individual's identity. With an empirically determined crossover error rate of less than 1 error in 131,578 transactions, iris identification is more reliable and less intrusive than fingerprinting or retinal scanning. Its security cannot be bypassed or compromised.
Pilot systems are available on a limited basis, with full production scheduled for later in 1997. In addition, Sensar is planning to launch follow-on applications for a wide range of financial applications, such as new account openings, bank wire transfers and government services. Smart Camera is a future offering from Sensar. It will combine the same technology with a stand-alone (non-PC-based) camera to verify customer identification at point-of-sale locations, business workstations, and home computers.