Biometric Signature ID Releases Case Study Showing 80% Cost Reduction in Physical Proctoring
Submitted by: pressreleasecircle
Dallas, TX (OPENPRESS) February 16, 2012 -- Biometric Signature ID, Inc. (BSI) announced today that their patented BioSig-ID™ dynamic biometric technology for student identity proofing has shown dramatic cost savings in several areas as documented at eduKan Consortium. The white paper case study report was released today showing a 405% Return-on-Investment (ROI), in less than two-thirds of a year of use. BSI is the only company with a patented software-only biometric technology that exceeds NIST accuracy requirements in the $12.6B Identity and Access Management (IAM) authentication market.
"The goal was to find a student identity solution that allowed eduKan to be compliant with the changing HEOA regulations and accrediting agency, be transparent to students, be used randomly to authenticate who is logged into eduKan's Pearson eCollege LMS courses as well as for gradable events." Said Dr. Mark Sarver, CEO of eduKan. "BSI's solution had the highest level of student integrity and proved out a dramatic 93% cost savings for eduKan."
eduKan went live in May 2011 with BioSig-ID as their student identity authentication system. Since then, BioSig-ID has replaced physical proctoring, can be used for all gradable events and authentication between levels of content, while enabling eduKan to maintain the highest level of compliance by also allowing them to randomly check who is logged into their LMS through authentication challenges. Another benefit of the system is the robust reporting that shows a student's activity from re-sets and re-enrollments to suspicious activity such as IP address changes.
BSI's BioSig-ID authentication software is fully integrated into the Pearson eCollege learning management system of the eduKan Consortium to increase academic integrity, comply with student ID verification regulations and reduce costs associated with physical proctoring. This first ever, full integration of its kind and is producing dramatic results.
The financial benefits of selecting BSI as eduKan's student identity solution have been documented in the case study being released today. Here are some highlights:
* Reduction of physical proctoring costs, including faculty/staff labor savings
* Reduced Help Desk Calls
* Compliance with the Higher Education Opportunity Act of 2008 and accrediting agency, the Higher Learning Commission requirements
* Budget gain and ROI of 405%*
"It's excited to see such favorable results from the use of BSi's technology for higher education," said Jeff Maynard, CEO, Biometric Signature ID. "Too often budget limitations cause institutions to delay taking action on improving current methodologies for enhancing academic integrity; but with these results, schools can be empowered to adopt new technologies to save money on the scale that eduKan has realized."
BSI's premier product BioSig-ID™ is a unique biometric handwriting and gesture technology that is activated simply by using a mouse, finger, or touchpad to create an online positive ID and is currently integrated in Pearson eCollege, BlackBoard, Moodle, and other leading Learning Management Systems (LMS). BSI's software does not require any additional hardware or software downloads, can be used on any PC, tablets or smart phones anywhere, anytime, does not collect personal identifying information, and tracks and reports all interactions and is the only biometric that is easily revoked and reissued.
*To receive a copy of this white paper report, please visit http://bit.ly/BSICaseStudy or to find out more about BSI's IAM solutions, please contact the company directly at http://www.biosig-id.com.
About Biometric Signature ID
A Dallas-based software company, Biometric Signature ID, Inc. (BSI), provides solutions to reduce identity fraud through patented biometric handwriting and gesture technologies. BSI has been recognized by Frost & Sullivan for developing the Product Innovation of the Year in 2010, have been vetted by the State of Texas Emerging Technology Fund advisory committee and granted a commercialization award for their break-through technology. BSI has also received a 99.97% rating of accuracy (false positive rate) proof-of-performance validation from the Tolly Group's independent testing lab, which exceeds NIST recommendations by a factor of three. Their identity proofing products have worldwide applications including student ID authentication, secure online banking, mobile banking, or to create a secure password authentication before allowing access to any online portal or site like healthcare or gaming, for Internet-based transactions. To learn more about how BSI solutions can help with your Identity proofing needs visit their web site at http://www.biosig-id.com or call us at (800) 871-2817.
eduKan provides access to quality higher education through degrees, certificates, individual courses, support services, and emerging market-driven programming. Beginning in the spring of 1998, six presidents of western Kansas's community colleges met to evaluate an online means of offering courses to their student populations. From these early meetings, eduKan was formed. eduKan is not a separate institution, but instead a cooperative effort between member colleges to offer courses via the Internet beginning fall 1999. Those who enroll in the online program will be able to take course work that may lead to an associate degree from one of six participating institutions. The institutions involved include: Barton Community College, in Great Bend; Colby Community College, in Colby; Dodge City Community College, in Dodge City; Garden City Community College, in Garden City; Pratt Community College, in Pratt; and Seward County Community College/Area Technical School, in Liberal. For more information, please visit http://www.edukan.org.
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