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Fraud detection and prevention market is expected to grow at double digit CAGR during the forecast period owing to upsurge in electronic transactions and increasing instances of cyber-attacks and frauds.

It could be the ultimate snooping tool: a single photon that can identify objects without interacting with them. So say a group of physicists who have developed a way to detect the presence of a known object without seeing it.

Engineers at Stevens Institute of Technology have developed a technique to optically modulate the frequency of a laser beam and create a signal that is disrupted significantly less by environmental factors, says Dr. Rainer Martini. The research provides for enhanced optical communications, allowing mobile units not tied to fiber optic cable to communicate in the range of 100 GHz and beyond, the equivalent of 100 gigabytes of data per second. Eventually, the team hopes to extend the reach into the terahertz spectrum. The frequency or amplitude modulation of middle infrared quantum cascade lasers has been limited by electronics, which are barely capable of accepting frequencies of up to 10 GHz by switching a signal on and off.  Marini and his team have developed a method to optically induce fast amplitude modulation in a quantum cascade laser to control the laser's intensity. Their amplitude modulation system employed a second laser to modulate the amplitude of the middle infrared laser, using light to control light. The current detector is only capable of detecting frequencies up to 10 GHz, but Dr. Martini is confident that a new detector will make the system capable of much higher frequencies. With an optical system that is stable enough, satellites may one day convert to laser technology, resulting in a more mobile military and super-sensitive scanners, as well as faster Internet for the masses, says Martini. Ref.: "Optically induced fast wavelength modulation in a quantum cascade laser," Applied Physics Letters, July 7, 2010.

Robots have been considered too unpredictable and dangerous to work alongside humans in factories, but improved technologies for artificial sensing and motion are leading to a new wave of safer robots. Last winter, NASA sent a humanoid robot dubbed Robonaut 2 (R2) to the International Space Station. R2, which has only a torso, sophisticated arms and fingers, and a head full of sensors, jointly developed by NASA and General Motors under a program to create a robot that could operate safely alongside humans. R2 uses a popular robotics technology called series elastic actuators in its joints. The actuators have an elastic spring component between the motor and the object the robot has to pick up. The actuators help the robot detect and control the force of its own movements. R2 is also covered in soft material in case of accidental collisions, and its head contains cameras so it can keep track of its human colleagues. In June, President Obama announced a $500 million federal investment in manufacturing technology (including $70 million for robotics). It represents another step in developing robots that can assist with repetitious or physically stressful assembly-line tasks without posing a safety risk.

(PhysOrg.com) -- Most of the invisibility cloaks that have been demonstrated to date conceal objects at frequencies that are not detectable by the human eye. Designing invisibility cloaks that can conceal objects from visible light has been more challenging due to the strict material requirements. But in a new study, researchers have fabricated a carpet cloak that can make objects undetectable in the full visible spectrum.