The Most Reliable and Secure Contactless Solution to Date
UNION CITY, Calif., Oct. 1, 2024 /PRNewswire/ -- Anviz, a brand of Xthings, a global leader in intelligent security solutions, announces the upcoming release of its latest access control solution, the M7 Palm, equipped with cutting-edge Palm Vein Recognition technology. This innovative device is designed to provide superior accuracy, security, and convenience to high-security and privacy-sensitive environments in industries such as banking, data centers, laboratories, airports, prisons, and government institutions. Launching globally today, Anviz is gearing up to revolutionize the way users interact with access control systems.
The M7 Palm Vein Access Control Device offers a seamless access experience, allowing users to unlock doors with a wave of the hand. Using Palm Vein Recognition, a top-tier biometric security method, it addresses the limitations of facial and fingerprint recognition by providing a more secure, non-invasive, and user-friendly solution.
Palm Vein Recognition captures the unique pattern of veins inside a person's palm using near-infrared light. Hemoglobin absorbs the light, creating a vein map, which is converted into a secure digital template through advanced algorithms, ensuring accurate identification. Unlike facial recognition, which may raise privacy concerns, or fingerprint scans, which can be affected by wear, palm vein recognition is discreet, reliable, and harder to forge. Its non-contact nature also makes it more hygienic, ideal for environments with strict health protocols.
The M7 Palm Vein Access Control Device leverages this advanced technology to provide a seamless and secure user experience. With a False Rejection Rate (FRR) of ≤0.01% and a False Acceptance Rate (FAR) of ≤0.00008%, the accuracy of the system far exceeds that of traditional fingerprint or face recognition methods, offering a higher level of protection for critical infrastructure and sensitive information.
The M7 Palm Vein Access Control Device stands out for its numerous advantages, making it an ideal solution for high-security environments. The benefits of using palm veins are as follows:
Moreover, the features of the M7 Palm are designed by meticulously polishing the needs of the users:
As security becomes a growing priority, demand for biometric solutions like palm vein recognition is surging. By 2029, the global market for palm vein biometrics is projected to reach $3.37 billion, with a CAGR of over 22.3%. The Banking, Financial Services, and Insurance (BFSI) sector is expected to lead this growth alongside military, security, and data center applications.
"As a milestone product in the biometrics and security industry, till next June, Xthings will work with more than 200 partners to bring the product to markets such as North America, Western Europe, the Middle East, and Asia Pacific, empowering the clients to enjoy a safer and more convenient experience. $3.3 Billion market share is there, let's work together!" said Peter Chen, Product Marketing Manager. [To talk about partnership]
Though still in the early stages of market adoption, Anviz is committed to advancing palm vein technology. With limited competition, the M7 Palm Vein Access Control Device is poised to make a significant impact. Anviz continues to innovate, delivering smarter, safer, and more convenient security solutions globally.
About Anviz
Anviz, a brand of Xthings, is a global leader in converged intelligent security solutions for SMBs and enterprise organizations. Anviz offers comprehensive biometrics, video surveillance, and security management systems powered by cloud, Internet of Things (IoT), and AI technologies. Anviz serves various industries, including commercial, education, manufacturing, and retail sectors, supporting over 200,000 businesses in creating smarter, safer, and more secure environments.