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Global Identity Management
Biometric payment cards continue to inch their way toward commercial deployments, with Zwipe announcing that a Hong Kong-based partner is now ready to proceed with small-scale manufacturing. The biometrics specialist first announced its partnership with Toppan Forms Card Technologies (TFCT) in April, framing it as a means to move toward payment card commercialization in the […]
Fingerprint Cards (FPC) has released a corporate report for the first three months of 2020. The company’s revenues for the quarter came to SEK 310 million (approximately $31 million USD), with an EBITDA of SEK 11.6 million (a little under $1.2 million USD). FPC credited its success to recent advancements in its smartphone and access […]
Zwipe is continuing to make inroads in the Asian market. The company has formed a partnership with Hong Kong’s Asia Credit Card (ACC) to develop a full portfolio of biometric payment services and products. The partnership will focus primarily on biometric payment cards. Zwipe is planning to launch its Pay ONE platform later this year, […]
IDEX Biometrics’ new TrustedBio line of products is already generating interest with smart card manufacturers. The company has announced that it has formed a supply agreement with a “tier 1 smartcard manufacturer,” which will be integrating TrustedBio sensors into an upcoming line of next-generation smart cards. The news comes only one day after the TrustedBio […]
IDEX Biometrics has increased the potential scope of its on-card enrollment solution with new patents in the United States and Germany. The patents detail alternative ways to register a user’s fingerprint to a biometric smart card, and expand on the company’s existing biometric enrollment system. That system was patented in the United States, Australia, and […]
Zwipe has announced a new Chief Financial Officer. Lars Kristian Solheim will take the position starting March 1st of 2020, when he will replace interim CFO Lars Myren. In a statement announcing the new executive’s appointment, Zwipe highlighted his relevant experience. After serving as a Senior Associate at the audit firm Ernst & Young, Solheim […]
MarketsandMarkets has released a new report that predicts that the Biometric System Market will hit $65.3 billion by 2024. That figure represents a CAGR of 14.6 percent from the firm’s $33 billion market valuation for 2019. The research firm attributes much of that anticipated growth to the general demand for strong multi-factor security solutions, and biometric […]
Biometrics News – Fingerprint Recognition Zwipe has completed a prototype of what could become a critically important component of its biometric payment card business activities. Dubbed the “Z5” chip, the solution is designed to consolidate components needed for energy harvesting and management for embedded biometric systems. This could offer cost and manufacturing efficiencies for products […]
IDEX Biometrics has been granted another important patent pertaining to its on-card enrollment solution for biometric cards, this time from the UK Intellectual Property Office. In announcing the latest patent approval, IDEX indicated that the filing concerned is “in the same patent family” as on-card enrollment patents approved by the Australian patent authority and by […]
IDEX Biometrics has sealed a licensing deal with one of its prominent APAC partners. The company has announced that Chutian Dragon has purchased a license for the use of IDEX’s biometric enrollment technology for biometric cards. IDEX first teamed up with Chutian Dragon last November. Chutian Dragon is a major China-based card maker certified by […]
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