Precise Biometrics is focusing on the future with a realigned business strategy in its latest quarterly update. The company has reported net sales of SEK 16.8 million in its Q3 report, a significant increase against its net sales in Q3 of 2017, which came in at a little under SEK 10.1 million. It also reported…
“The companies worked together to develop a new Microcontroller Unit based on Cypress Semiconductor’s PSoC 6 line, resulting in a new inlay solution that uses 70 percent less power.” Ahead of an important certification push, Zwipe has announced that it has reduced the power consumption of its dual interface biometric payment card. The technological achievement…
“As with other emerging biometric payment card solutions, the aim is to enhance security with biometrics while maintaining ease of use in tap-to-pay transactions, and improving convenience in contact-based transactions by eliminating the need for PIN entry.” The French bank Societe Generale is now trialing IDEMIA’s F.Code biometric payment card, the latter has announced. Featuring…
“In a statement announcing the results, IDEX emphasized its “significant progress in commercializing biometric smart cards in the third quarter,” noting that it had started shipping for its first order of biometric payment card sensors received in September…” IDEX Biometrics has issued its Q3 update for 2018, in which the company is once again emphasizing…
“By listening to our customers and focusing on their requirements, we’ve made it a priority to deliver the tools they need to speed the implementation and deployment of biometric smart card technology,” said Ritu Favre, CEO, NEXT Biometrics NEXT Biometrics and Munich-based Infineon Technologies have teamed up to create a reference design for biometric payment cards,…
“It’s the latest sign of the escalating activity in the nascent biometric payment cards market.” Fingerprint Cards technology is going to be used in Italy’s first trial of biometric payment cards, the company has announced. The trial will be the result of a collaboration with Zwipe and Gemalto, whose card solution uses a sensor model…
In business, and perhaps especially in finance, timing is important. Borrowing at low rates, selling at high valuations, fundraising ahead of a market boom – success across a range of ventures depends so much upon acting when conditions are exactly right. For FinTech players involved in biometrics, that time is now, as our Financial Biometrics…
“The update will detail what has been an eventful quarter with respect to IDEX’s developing biometric cards business.” IDEX Biometrics has set a date for its Q3 report: It will be published on Thursday, November 8th around 7:00am CET. The company’s leadership will also host a live presentation on the results at 9:00am CET in…
Zwipe has announced new white label fingerprint enrollment solutions aimed at enabling financial institutions to easily get their customers registered for biometric payment cards. One of the solutions is an at-home enrollment kit designed to be mailed to customers – the solution is thin enough to be mailed in a standard envelope. Once received, a…
“Zwipe further explained that together with its partners, it is ‘now entering into the phase where dual-interface biometric payment cards can be certified based on specifications defined by the leading payment networks…’” A new Zwipe executive could prove to be a powerful agent in the company’s efforts to promote its biometric card technology. Pierre Girod,…
“Zwipe is paving the way to enable financial services in wearable devices, in addition to payment cards. Tappy Technologies is a proven leader in this segment and we are very excited to join forces in bringing this innovative solution into the hands of the consumer.” -André Løvestam, CEO, Zwipe A new partnership is poised to…
“Card integrators are seeing the benefits of biometric smart cards, and the market is picking up speed. Chinese vendors are very keen to implement innovative technology, and we are proud to partner with a fast-growing company such as XH Smart Tech to drive commercialization of biometric cards.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics…
Survey data collected by German market research firm GfK suggests that consumers in the UK are warming to the idea of using biometric payment cards. Based on online polls of 821 cardholders in the country conducted in late May and early June, the research found that 54 percent of respondents said they would get a…
![[Money20/20] IDEX’s David Orme Talks Biometric Cards](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/IMG_2971-e1540337278534.jpg)
It’s an exciting time for IDEX Biometrics. The fingerprint sensor specialist has been one of the key players pioneering biometric payment card technology, and largescale deployments appear to be imminent, with a major partner, Mastercard, thought to be negotiating with banks about delivering the technology to customers. Understandably, biometric cards were the main topic of…
When it comes to matters of money, security has long been the paramount concern. When bank customers call to access information or perform certain transactions, bank representatives have to ask for passcodes and biographical data; in a bank branch, customers have to enter PINs even when conducting business in person. When making payments, a signature…
Money and security have always gone hand-in-hand — the more you have of the former, the more you need the latter. That’s part of the reason that biometrics has become such a hot topic in the world of financial technology in recent years. As financial services increasingly go digital, and money goes virtual, there’s a…
“The increasing popularity of card payments in Asia, in conjunction with the growing preference towards biometrics, has created the perfect storm for this partnership with Hengbao, a very influential player in the Asian market.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has a big new partner in its escalating efforts to promote its biometric card…
“We are incredibly proud to have reached this very important milestone with our strategic partner. The order marks the start of the industrialization phase for biometric cards, and is the result of years of dedication and hard work and is validation of IDEX’s leadership position in this very innovative market.” -Stan Swearingen, CEO, IDEX Biometrics…
Zwipe‘s executive team has a new appointee with considerable experience in the payments sector. Marcio Stervid, the company’s new VP of Strategic Partnerships and Alliances, comes to Zwipe from a previous role as the head of Strategic Partnerships for secure payment solutions provider AltaPay, a position he held for just under a year and a…