“[ABCorp] will work with NEXT Biometrics to develop biometric cards, the latter’s key focus area as the fingerprint-scanning payment card market begins to take shape.” NEXT Biometrics has attained another major new partner in its biometric cards efforts: The company has teamed up with ABCorp. Headquartered in Connecticut, ABCorp is involved in the design and…
“The demand for biometric smart cards is growing thanks to their increased security and convenience for end users. Therefore, it is critical for card manufacturers that the biometric solutions are compatible with the secure element in the card, known as the EMV chip.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has secured another Asia-based…
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IDEMIA is one of the biggest names in biometrics and authentication, enjoying an extremely prominent role in areas such as law enforcement and mobile ID. But the company is also a pioneer in the area of financial services, where its approach to digital identity is helping a number of organizations to cope with the many…
“It’s an important development for NEXT Biometrics, which has been keenly focused on the emerging biometric payment cards market.” NEXT Biometrics has announced that it’s working with one of the top five US payment networks to develop Biometric System-on-Card, or “BSoC”, specifications for biometric payment cards. NEXT says it has delivered technical documentation as part…
Unikeys is now accepting pre-sales for its physical cryptocurrency wallet. Dubbed the UKey, the biometric card allows shoppers to pay for goods and services using cryptocurrencies just as they would with an ordinary debit or credit card, with a built-in fingerprint sensor to authenticate transactions. The card itself is being manufactured through a partnership…
“Inkript’s partnership with Zwipe revolves around the latter’s fingerprint sensor technology, with the two working together to produce biometric payment cards.” A new partnership should help to further solidify Zwipe’s position in the Middle East and Africa biometric cards market. The company has teamed up with Inkript, a digital security solutions provider based in Beirut.…
IDEX Biometrics will play an integral role in a new biometric card trial from MasterCard and Edenred Mexico. Launched in conjunction with the Mexican state of Sonora, the new pilot program will use biometric fingerprint-scanning cards to distribute state benefits as part of an ongoing effort to give more people secure access to banking services.…
IDEX Biometrics is finally ready to share the results of its collaboration with Hengbao. The company first announced that it was partnering with the Chinese card manufacturer back in September, and has now revealed that it has provided the fingerprint sensor for a dual-interface biometric card that will be on display at the second annual…
“Our enrollment invention not only addresses privacy concerns, it potentially aids financial inclusion by offering a cost-effective, practical solution for developing countries.” – Fred Benkley, Chief Innovation Officer, IDEX IDEX has been granted two US patents for important technology associated with its biometric payment cards solutions. The patents both pertain to the enrollment of a…
NatWest’s and Royal Bank of Scotland’s trials of biometric payment cards have kicked off with a bang, with card supplier Gemalto and its partners having organized media launch events in London and Edinburgh. First announced in early March, the trial programs are being conducted in collaboration with Visa. The fingerprint-scanning cards themselves, provided by Gemalto,…
“IDEX said this is its first volume order for the SmartFinger IDX 32000 sensor, and described the multimillion-dollar deal as ‘the largest single customer commitment to date.’” IDEX has secured its biggest order ever, for its SmartFinger IDX 3200 dual interface fingerprint sensor solution. In announcing the order, IDEX did not disclose the name of…
Zwipe has released a new JavaCard operating system to facilitate mobile payments. The proprietary OS is compatible with existing payment apps and integrates Zwipe’s ultra-low power biometric engine. The solution will give Zwipe more flexibility in the biometric payment card market, where Java is one of the two major operating systems. The other is Multos, which Zwipe already…
Fingerprint biometrics specialist IDEX has set a date for its Annual General Meeting: It will take place on May 9th at the Vika Atrium Conference Centre in Oslo, starting at 9am local time. The news comes alongside the publication of IDEX’s Annual Report for 2018. Its fiscal results are consistent with the preliminary results issued…
Fingerprint Cards technology is being used to secure a new biometric smart card from the startup BeamU. BeamU’s eponymous card, which has already gone well past its $5,000 fundraising goal in a Kickstarter campaign launched in April, has many functions. At its core, it’s a kind of biometric key, storing user credentials and allowing them…
IDEX may have some big news in the pipeline: The company has announced that it expects to win a contract with a global IT solutions provider serving the financial services market. The deal hasn’t yet been finalized, but in a statement announcing the development IDEX was able to provide a few early details. The company…
“WizCard provides card manufacturers seamless integration of additional features into standard smart cards.” – Alain Faburel, Chief Sales and Marketing Officer, NEXT Biometrics NEXT Biometrics is teaming up with Taiwan-based WizCard to develop biometric smart card technologies, the companies have announced. The partnership will leverage each company’s respective strengths. NEXT Biometrics is, of course, a…
In the past couple of years, biometric payment cards have emerged as an exciting, potentially transformative new trend in the payments industry. However, new technology can still be intimidating, especially for organizations that don’t understand how biometric payment cards are supposed to work. That’s why the Secure Technology Alliance has released a report to educate…
Zwipe has issued its results for the 2018 fiscal year, and it appears that sales were way up, coming in at NOK 2,276,000, compared to sales of NOK 1,073,000 in 2017. But operating expenses were up too, at NOK 72,622,000 against NOK 53,331,000 in 2017; and the company’s net result for 2018 came in at…
“Participants in the pilot will need to register their biometrics at a physical bank branch, but NatWest says it’s exploring ways to enable remote biometric registration.” A major UK bank is about to become the latest to trial biometric payment card technology from Gemalto: NatWest has announced that it will pilot the technology with 200…