14.07 Was sent two applications to getting patent in FIPS (Method realization of electronic transaction and method of control financial transaction). Data of application completely contain description of new unique technologies, which we plan on to put into practice protection of online transactions. 25.06 Reached strategy agreement with company “Technotreid”. Company is huge player of market of biometrics in Ukraine.
17.06 Project SBS was presented in final of competition Bit-2008 in CHDP.
16.06 To the post of chief architect SBS 1 was promoted Simonov Sergey.
16.06 To the post of commercial director was promoted Romanov Victor.
The world of today opens up before a person a great number of new potentialities. But there are malefactors intent on fraud who also want to use these potentialities.
Every person without exeption has his/her own biometric features. For some groups of people (such as: children, pensioners, illiterate persons and those with poor eyesight or hearing) biometric identification can come forward as one of the main means of identification or/and recognition.
For instance, fingerprint identification, three-dimensional face model or iris analysys is used in search of missing children. For attraction of illiterate clients in the "third world" countries they install biometric cash dispensers, users of which verify their identities scanning their fingerprints (instead of PIN-code entry).
About the Project
The project refers to the field of development and commercialization of biometric software embodying secure biometric authentication of users in networks (Internet/Intranet), and secure storage and access to data (financial including) using bank cards.
Products
Advanced means of biometric protection of personal and corporative data for end users will be developed.
SBS 1 is intended for applications logon without a login or password, just with the help of fingerprint scanning; storage and use of personal data of users; biometric information encoding.
SBS 2 is intended for plastic card payers identification, when access to the plastic card payment information is granted upon the biometric code of verification.
Novelty
Solutions for end users
No need of integration
High compatibility
Module principe of designing
Solution of a wide set of users tasks
Why SBS?
We know the needs of the bank segment. We know the market. We know how to meet the market demands.
We see the drawbacks of our copmetitors.
We are competent and experienced in software and innovation business development.
We see a great potential of the market.
What Does the Investor Get?
A well working together team of professionals.
A new (scalable, functional) and unique (compatible, reliable) product.
Registered and patent protected intrellectual property.
High potential demand (interest from major Russian banks etc.).
Entry to the stable growing market with grateful customers.
Potentiality of launching of new products in attractive and profitable markets.
About the market:
by 2010 the market of biologic technologies will amount up to 10 billiard dollars (~50% growth a year).
Additional authorization of payments will be needed for credit cards and electronic transactions (more than 60% since 2009).
Absence of complete analogues of SBS1 and SBS2.
The market is segmented (every player works in their narrow niche).
High demand in the bank sector.
63% of users are ready to pay for additional protection of personal data on the PC.
Most people think that online use of credit cards is 12 times more dangerous than offline.
81% of users suppose that their credit card numbers were compromised during online payments.
