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- (IDG) -- A smart card that can verify its owner through
fingerprint verification or iris recognition has been developed by Keyware
Technologies and Proton World International.
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- The smart card, called e-purse, is being demonstrated
at the Smart Card 2000 trade show in London, the companies said in a statement.
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- The security technology on which the smart cards are
based, known as biometrics, has been developed by Keyware Technologies
as a way to combat fraud and other security issues, the companies said.
Other examples of biometric technology that Keyware also develops include
voice and face verification, as well as hand geometry.
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- Keyware has licensed its biometric technology under the
name Layered Biometric Verification (LBV).
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- The biometric technology has been combined with Keyware's
smart card technology to launch the Proton CEPS (common electronic purse
specification)-based e-purse, the companies said.
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- The biometrics can be used in conjunction with PINs (personal
identification numbers) and passwords and cannot be duplicated by impostors,
the companies said.
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- The card holder's biography is stored within the smart
card chip, which supplies the highest level of security for home banking
and e-commerce, the companies said.
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- Proton World was created by American Express, ERG, Interpay
and Visa International to develop products for the smart card and electronic
purse open standards.
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- Proton World and Keyware did not give a release date
for an introduction of the smart card onto the mass market, nor did they
say how much such smart cards would cost consumers.
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