Biometric Signature ID selected as Top 20 - IT Ed Tech Company

The Navigator for Enterprise Solutions CIOREVIEW.COM OCTOBER - 2014 20 Most Promising Education Tech Solution Providers T he education sector is evolving with nature defining speeds offering online education, it becomes necessary to securely manage With universities growing in size, establishing various branches and towards new ways of teaching and learning. The metamorphosis student and staff data, ensure strict and smooth authentication is brought out by advent of technology in education. Smart mobile devices, social networking, virtual classrooms, identity management systems, faculty evaluation systems, data analytics and processes and manage identities. All these needs are catered by identity, student and faculty management systems. array of educational technologies have taken education to all new There are array of such technologies that are changing education heights—both within and outside the classrooms. landscape for good. Now the teachers have better instructional tools, The major change is reflecting in the traditional book based administrators have better management tools and students have learning that is being replaced with digital solutions. With this, better learning tools. Behind the scenes are group of companies that teachers now have the ability to engage students in better ways like are fueling this educational transformations through their innovative projecting the 3D image of DNA on to the screen and simulating technological solutions. the process of Meiosis and Mitosis. The same technology can be In this edition of CIO Review, we bring to you “20 Most Promising applied to any streams of learning. Assisting these learning methods Education Technology Solution Providers 2014” and “20 Most are a multitude of smart devices, which were earlier considered as Promising Education Technology Service Providers 2014,” featuring the distractions for students. But the very devices are now leading way for best solution and service providers offering technologies and services immersive learning. Teachers are distributing learning contents to all related to Education. The companies listed here showcases extensive the students’ devices and roam across the class instructing and helping business knowledge and innovative strategies combined with talent individuals with doubts. base across locations. Technology is also helping the institutions to better cater to A distinguished panel comprising of CEOs, CIOs, CMOs, VCs, analysts student’s idiosyncrasies, through data analytics. The historic academic and CIO Review editorial board has selected the top players from over data is analyzed with respect to student’s social background, their thousand companies. The listing provide a look into how education interests and the current trends in education to guide them towards solutions work in the real world, so that you can gain a comprehensive the best courses and colleges available and also help design best understanding of what technologies are available, which are right for teaching methods to suite their learning abilities. you, and how they shape up against the competition. Biometric Signature ID Company: Description: recognized by magazine as Biometric Signature ID Cloud-based student / userID verification and forensic reporting so- Key Person: lutions using patented, Jeff Maynard, gesture biometrics technology to prevent An annual listing of 20 companies that are in the forefront of tackling CEO & Founder fraud. education technology challenges and impacting the marketplace Website: Pradeep Shankar Christo Jacob Editor-in-Chief Managing Editor biosig-id.com | | 6 JULY 2014 CIOReview

Biometric Signature ID Identity Authentication Using Gestures “U nlike traditional schools, of revenues for most schools, may be online education doesn’t in jeopardy. However there is good require physical news for schools who are worried about a presence of the students. This has led a compliance package for these new to identity fraud allowing academic maintaining Title IV funds, BSI offers dishonesty and multi-billion dollar student ID verification regulations. financial aid fraud,” says Jeff Maynard, The company offers a biometric CEO, President, and Founder, Biometric software only solution called BioSig- Signature ID (BSI). “There is a vibrant ID™ that requires NO additional underground economy of over 1,000 hardware. BioSig-ID captures the way websites that offer homework, exams a user moves their finger or mouse on and even online participation for a a drawing area that appears on a touch fee,” he adds. Additionally, thousands screen or monitor. The unique pattern of fraud rings using straw students of speed, direction, length, height, apply for and receive grant monies that width and angle is captured creating a costs billions of dollars in fraud and template that future logins are compared reduce the pool of aid for all students. to. “Think of ‘etch a sketch’ but now we Jeff Maynard The Department of education reacted capture and store your unique writing to these trends by mandating new pattern,” says Maynard. BioSig-ID student ID verification regulations distinguishes the user’s pattern from in Kansas. EduKan has replaced to put a process in place to verify the others and grants access to the gradable virtually all proctoring with BioSig- registered student is the same person event or exam only after confirming ID and reported saving money and who is accessing and completing the the identity. BioSig-ID, is integrated significant time for faculty. As the organization’s courses also included After drawing only 4 characters, BioSig-ID other assessments such as discussion/ participation groups and quizzes, it software can determine if the registered needed a technology that could be used for all gradable events. “We student is the same student accessing the were looking for a solution that would allow our students to authenticate course material their identity randomly throughout the duration of course,” says Mark Sarver, online course. Compliance was very with all learning management systems CEO, EduKan. “BSI’s technology met poor. But now, after an audit from 8 and since it is cloud-based, access our needs andaligned with our mission schools revealed that $222M was given is universal, anytime and anywhere, of remaining affordable and accessible in aid to 42,000 online students, none of without needing any extra hardware while maintaining student privacy,” he whom received an academic credit, new required by other biometrics. adds. stricter rules on student ID verification BSI boasts over 3 million uses, 90 Riding on such success stories have emerged. If colleges and clients, and users in over 70 countries and survey results showing 98 percent universities don’t adopt stricter student across various verticals, including positive user experiences, BSI is ID verification technology beyond PINs Online Education, Healthcare, expecting large increase in use of its and passwords as detailed in their Final Financial, Enterprise and Ecommerce. entire suite of biometric solutions that Audit Report February 21st 2014 by the One of the company’s clients, EduKan provide security for all web and mobile Office of Inspector General, continued uses BioSig-ID to manage the online apps, ecommerce purchases and PC/ access to Title IV funds, a major source courses for a consortium of six colleges mobile device lock down security. | | 7 july 2014 CIOReview