• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

FindBiometrics

FindBiometrics

Global Identity Management

  • Biometrics
    • What are Biometrics?
    • FAQ
    • Biometric Associations
    • Companies
    • Premier Partners
  • News
    • Featured Articles
    • Interviews
    • Thought Leadership
    • Podcasts
    • Webinars
    • Year in Review
  • Applications
    • Biometric Security
    • Border Control and Airport Biometrics
    • Consumer and Residential Biometrics
    • Financial Biometrics
    • Fingerprint & Biometric Locks
    • Healthcare Biometrics
    • Justice and Law Enforcement Biometrics
    • Logical Access Control Biometrics
    • Mobile Biometrics
    • Other Biometric Applications
    • Physical Access Control Biometrics
    • Biometric Time and Attendance
  • Solutions
    • Behavioral Biometrics
    • Biometric Sensors and Detectors
    • Facial Recognition
    • Biometric Fingerprint Readers
    • Hand Readers & Finger Scanners
    • Iris Recognition
    • Biometric Middleware and Software
    • Multimodal Biometrics
    • Physiological Biometrics
    • Smart Cards
    • Vein Recognition
    • Voice and Speech Recognition
  • Stocks
  • Events
  • Companies
  • Podcasts

European Tech Provider to Integrate FAP 20 Sensors From NEXT Biometrics

March 10, 2021

NEXT Biometrics has signed a five-year contract to provide FAP 20 fingerprint sensors for a major European tech provider. The company did not disclose the name of its new partner, but did reveal that the partner is active on the global stage with €20 billion in sales.

European Tech Provider to Integrate FAP 20 Sensors From NEXT Biometrics

According to NEXT, the unnamed partner is planning to deploy the FAP 20 sensors in a range of standalone fingerprint readers, and in other devices with fingerprint recognition capabilities. The company noted that there is currently a $1.5 billion market for FAP 20 sensors internationally, and cited its sensor’s low cost and slim form factor as competitive advantages as NEXT and its partner work to fulfill that demand.

NEXT indicted that several projects are already in the works, some of which will be portable and some of which will not. Either way, NEXT expects the partnership to generate significant revenue opportunities moving forward.

“The FAP 20 market is large and growing, and offers more attractive margins than any of our other segments,” said NEXT CEO Peter Heuman. “We are proud that a dominant biometric player has chosen our technology as the basis for some of their most promising fingerprint devices. This is an important step in taking NEXT towards a new level from both a business and technology perspective.”

The news speaks to the growing popularity of NEXT’s FAP 20 sensor, with the company receiving multiple orders for sensor shipments in the past few months. Most notably, Credence ID placed a NOK 7 million order in February, with plans to integrate the sensors into a new ECO line of affordable Android products.

Newland Payment Technology also ordered 6,000 FAP 20 sensors in September, while NCS followed that with an order for 1,500 sensors in November. NCS will use those sensors to enable biometric authentication for a government agency in Singapore.

–

March 10, 2021 – by Eric Weiss

Related News

  • NEXT Biometrics Gets First Order in Multi-year ContractNEXT Biometrics Gets First Order in Multi-year Contract
  • NEXT Biometrics Receives $2.2 Million Order From Indian OEMNEXT Biometrics Receives $2.2 Million Order From Indian OEM
  • NEXT Biometrics Gains Momentum in Aadhaar Market With Latest Pagaria OrderNEXT Biometrics Gains Momentum in Aadhaar Market With Latest Pagaria Order
  • NEXT Biometrics Receives $100K Order From American IAM VendorNEXT Biometrics Receives $100K Order From American IAM Vendor
  • NEXT Biometrics Receives Volume Order From Credence IDNEXT Biometrics Receives Volume Order From Credence ID
  • NEXT Sensors Used in First Biometric POS Device to Get Certified in NigeriaNEXT Sensors Used in First Biometric POS Device to Get Certified in Nigeria

Filed Under: News Tagged With: Biometric, biometrics, FAP 20, FAP 20 fingerprint sensors, fingerprint biometrics, fingerprint sensor orders, fingerprint sensors, NEXT, NEXT Biometrics, sensor integrations

Primary Sidebar

EXCLUSIVE MEMBERS ONLY CONTENT:

Become a FindBiometrics Member and gain easy access to specialty content, including the ID Tech column, replays of virtual events, and Identity School educational checklists:

ID TECH: What Role Will Biometrics Play in the Cyber Cold War? We’re About to Find Out [NEW]

Identity School: Facial Recognition Cheat Sheet

REPLAY: Travel & Hospitality Virtual Identity Summit

Sponsored Links

TECH5 showcase logo

TECH5 is an international technology company founded by experts from the biometrics industry, which focuses on developing disruptive biometric and digital ID solutions through the application of AI and Machine Learning technologies.

TECH5 target markets include both Government and Private sectors with products powering Civil ID, Digital ID, as well as authentication solutions that deliver identity assurance for various use cases. 

Learn more: www.tech5.ai

Onfido logo

Onfido is building the new identity standard for the internet.Our AI-based technology assesses whether a user’s government-issued ID is genuine or fraudulent, and then compares it against their facial biometrics. That’s how we give companies like Revolut, Zipcar and Bitstamp the assurance they need to onboard customers remotely and securely. Our mission is to create a more open world, where identity is the key to access.. For more information, please visit www.onfido.com

ThreatMark brings trust to the digital world by providing cutting-edge fraud prevention solutions. Major banks use ThreatMark’s AI-powered technology and behavioral biometrics to build secured banking experience to precisely verify their legitimate users, seamlessly across all digital channels. All while securing the users’ most precious assets and keeping the fraudsters away. Learn more: www.threatmark.com/

With its secunet border gears product portfolio and specialised consulting expertise, secunet supports police forces and security authorities in their sovereign tasks. Whether ABC gates, self-service kiosks or biometric middleware – each component helps to strengthen identity protection and to accelerate verification – in mobile and stationary scenarios.

Mobile ID World Logo

Mobile ID World is here to bring you the latest in mobile authentication solutions and application providers. Our company is dedicated to providing users with the best content and cutting edge information on technology, news, and mobile solutions for your mobile identity management needs.

Recent Posts

  • Web3 Gets Its First Smartphone, Featuring Biometric Authentication
  • Vivo X80 Pro Stands Out With Extra-large In-display Sensor
  • Apple Seeks to Kill Both the Password and the CAPTCHA With New Authentication Solutions
  • American Airlines Looks to Selfie Biometrics for Passenger Processing
  • VAIO Installs Fingerprint Sensors in New FE Laptops

Biometric Associations

IBIA and fido

Tweets

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 FindBiometrics