MARKETS

There are a number of critical trends driving development of the identity document authentication market. The use of fraudulent identity documents to obtain access to a country, to a secure facility or to someone else’s bank account, or gain access to a service to which the bearer is not entitled, such as underage purchase of alcohol or tobacco, is a major issue around the globe. The availability of affordable technology, and the growing need to address these problems, has driven significant growth in the market over the last several months, and we expect that trend to escalate in the coming months.

Fraudulent documents are a gigantic problem!

 

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192 Countries each with varying identification documentation and security features

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Over 8,000 unique identification documents in use for the next 10-20 years

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In the U.S. alone: 440 million inspections at 330 primary entry points in the U.S. by only 4,775 inspectors

 

  • 279 million inspections were foreign nationals

  • Over 1.5 billion passengers at over 18,000 airports

  • 4.6 million commercial buildings

  • 500 skyscrapers

  • 12,000 chemical facilities

  • 250 major arenas & stadiums

Identity theft is a worldwide issue!

 

bullet Protection against identity theft is becoming a requirement for financial services companies.
bullet The government estimate is that Identity Theft cost the US economy over $42B last year.

 

Government compliance is becoming an issue!

 

bullet The Patriot Act

  • Requires that financial transactions be monitored and reported.
  • Failure to report can result in fines and corporate embarrassment.

bullet Real ID Act

  • Increasing Standards for driver’s license & Identity Proofing.
  • Information-sharing initiatives.

bullet HSPD 12 / FIPS 201

  • Interoperable, standard ID credential for all federal government agencies. Production in 2006 with RFID technology embedded.

bullet Western Hemisphere Travel Initiative.

  • New RFID card for travel to Canada, Mexico and the Caribbean.

bullet Visa Waver Program

  • 27 Visa Waver countries have biometric e-passports to enter U.S.
  • Adoption of smart documents with biometric and RFID at borders.

bullet International Standards

  • Continued work by ICAO and NIST for biometric, smart card, and ePassport standards.

U.S. & International Governments are funding several major programs / initiatives

bullet US Visit

  • New technology and process introduction will be tested as program expands.
bullet Registered Traveler

  • Public and private sector initiative to reduce frequent traveler time in airport security.
bullet AAMVA

  • Initiatives to create standard security features on Driver’s Licenses using OVD and other technologies.
  • One of the components to the Real ID act.
bullet DOD CAC Card (Common Access Card)

  • Largest smart card deployment in the U.S.
  • Model for the HSPD-12 deployment initiative.
bullet TWIC – Transportation Workers Identification Credential

  • Deployed and working.
  • All transportation workers in US get new ID Card.
bullet Foreign Government Programs

  • Local Identity Solutions.
  • Biometric National ID in UK by 2008.
  • Border authentication in Australia.