biometric payment cards

Fingerprints CEO Emphasizes New Initiatives in Q4/2018 Report

Fingerprints CEO Emphasizes New Initiatives in Q4/2018 Report

“[Fingerprints’ CEO] said that the company is working on an in-display fingerprint sensor planned for launch this year, and that it has already demonstrated prototypes for customers.” Fingerprint Cards (or “Fingerprints”) has issued its Q4 and year-end results for 2018, depicting a continuing battle against challenging market conditions. The Swedish company’s revenues for the quarter…

Precise Biometrics Focused on Long-Term Growth in Q4/2018 Update

Precise Biometrics Focused on Long-Term Growth in Q4/2018 Update

“Precise Biometrics’ shift to multimodal biometrics, announced last autumn, has been dubbed “YOUNiQ” and will combine face, fingerprint, iris, and voice biometrics together with location data for user authentication…” Precise Biometrics is keeping focused on the future in its latest corporate update. Reporting its fiscal results for the fourth quarter of 2018, the biometric algorithm…

NEXT Biometrics Partners with M-Tech Innovations for Biometric Smart Cards

NEXT Biometrics Partners with M-Tech Innovations for Biometric Smart Cards

“…we are in the process of building a sustainable network with leading players in the smart card ecosystem to commercialize biometric dual interface technology in the banking sector and beyond.” – Alain Faburel, Chief Sales and Marketing Officer, NEXT Biometrics NEXT Biometrics has another partner in the emerging biometric payment cards market: The company has…

IDEX Explains How Biometric Authentication Will Make Banking More Inclusive

IDEX Explains How Biometric Authentication Will Make Banking More Inclusive

In the latest and concluding entry to its blog series on Biometrics for Financial Inclusion, IDEX Biometrics explained how biometric authentication will make it easier for people around the world to gain access to secure financial services. That can be particularly valuable to those with literacy issues, many of whom lack the traditional credentials that many…

Fingerprints Sets Date for Q4 Update

Fingerprints Sets Date for Q4 Update

“Fingerprints has continued to see multiple smartphone integrations of its fingerprint sensor technology in recent months.” Fingerprint Cards (or “Fingerprints”) has set a date for the publication of its fourth quarter results for 2018. They’ll be published at 07:00 CET on February 15th, with a phone conference and webcast to discuss the results slated to…

SmartMetric Partners with ServiRed on Biometric Payment Cards

SmartMetric Partners with ServiRed on Biometric Payment Cards

A big new partnership should leave SmartMetric well-positioned in Europe’s emerging biometric payment cards market. The company has teamed up with ServiRed, which claims to be Spain’s biggest payment card scheme with 44 million cards in circulation and well over a million participating merchants. ServiRed is also the proprietor of the Advantis card chip operating…

IDEX Biometrics Partners with Chinese Card Integration Leader Goldpac Group

IDEX Biometrics Partners with Chinese Card Integration Leader Goldpac Group

“It’s beyond doubt that the market for biometric cards will ramp significantly in 2019. During the second half of 2018 a vast range of card integrators have geared up their efforts to commercialize biometric cards which will provide simple, secure and personal authentication for all. We see especially strong pull in China, and we are…

IDEX Raises $25M USD Through Private Placement

IDEX Raises $25M USD Through Private Placement

IDEX Biometrics has completed a $25 million USD private placement, the company has announced. The NOK 214 million deal entailed the sale of 53,437,500 shares to existing shareholders including Invesco, Woodford Investment Management, and members of the company’s management team and board of directors. In a statement announcing the private placement, IDEX asserted that it…

Fingerprint Cards are Driving French Fintech Innovation

Fingerprint Cards are Driving French Fintech Innovation

The French bank Société Générale made headlines last October when it rolled out new payment cards with biometric fingerprint authentication. The pilot program demonstrated the country’s ongoing commitment to financial innovation and smart card technology, a trend that dates back to the first chip-based cards in 1988. Fingerprint Cards is similarly positioning itself at the…

Zwipe Makes Merkur Market Debut

Zwipe Makes Merkur Market Debut

“In making its pitch to investors, Zwipe had emphasized its position as a technology supplier in the emerging biometric payment cards market, and the company maintained this theme in a statement announcing its Merkur Market debut.” Zwipe has reached an important corporate milestone, announcing that its shares are now trading on the Oslo Stock Exchange’s…

Year in Review: Survey Results Portray a Very Friendly Industry

Year in Review: Survey Results Portray a Very Friendly Industry

Players in the biometrics industry are remarkably open to working with each other, suggest results from FindBiometrics’ latest Year in Review survey. Question 18 of the survey asked how much respondents agreed with the statement, “Industry cooperation through partnerships and alliances is crucial in meeting the market demands of biometrics.” The answers showed an overwhelming…

IDEX CEO Explains How Biometric Payment Cards Will Make Banking More Inclusive

IDEX CEO Explains How Biometric Payment Cards Will Make Banking More Inclusive

Most prognosticators expect biometric payment cards to be one of the fundamental building blocks of the future economy. IDEX Biometrics is well positioned as a key player in that field, unveiling its latest payment card at APSCA Digital Commerce Asia Pacific in Kuala Lumpur. Now, IDEX is trying to demystify its new technology with a…

INTERVIEW: Precise Biometrics CEO Stefan K. Persson Talks Multimodality, Smart Cards, and More

INTERVIEW: Precise Biometrics CEO Stefan K. Persson Talks Multimodality, Smart Cards, and More

Precise Biometrics has established itself as a world leader in supplying fingerprint algorithm software. The company has also proven adept at maneuvering to navigate the market changes that have ensued, from the dramatic rise of smartphone-based fingerprint sensors to that market’s saturation to the expansion to multimodal capabilities. Precise Biometrics also has a relatively new…

NEXT Biometrics to Start Sampling Biometric Payment Cards in Early Q2

NEXT Biometrics to Start Sampling Biometric Payment Cards in Early Q2

“…independent market research has indicated that the biometric smart cards market could reach $800 million in 2022, with biometric payment cards accounting for 60 percent marketshare.” NEXT Biometrics will start sampling its dual interface biometric payment card in the first half of this year. More specifically, the company has asserted that sampling will begin “early…

Oversubscribed Zwipe Share Offering Rakes in Capital

Oversubscribed Zwipe Share Offering Rakes in Capital

“Much of the excitement can be attributed to a broader buzz over the emergence of fingerprint-scanning payment cards, an area in which Zwipe has established a solid footing ahead of large-scale rollouts.” Zwipe‘s big share offering last week proved to be a great success, the company reports. The fingerprint biometrics specialist had announced that it…

IDEX to Show Off Biometric Card Solutions at APSCA Digital Commerce Asia Pacific

IDEX to Show Off Biometric Card Solutions at APSCA Digital Commerce Asia Pacific

IDEX Biometrics will attend the APSCA Digital Commerce Asia Pacific event in Malaysia next week, the company has announced. The APSCA event offers an opportunity for the company to showcase its fingerprint sensor technology for dual-interface biometric payment cards to a financial services crowd, with IDEX having joined the Asia Pacific Smart Card Association last…

How Will The Rise of Biometric Cards Affect Gemalto’s ICBC Contract?

How Will The Rise of Biometric Cards Affect Gemalto’s ICBC Contract?

“The company has been highly active in this emerging area [of biometric cards], having announced at the end of last year that a major Italian bank would be the latest to trial its new fingerprint-scanning payment card solution. “ China’s largest bank is sticking with Gemalto for its payment cards, with the latter announcing that…

Zwipe Announces Major Share Offering

Zwipe Announces Major Share Offering

Zwipe has announced a plan to raise up to NOK 120 million, or about $13.7 million USD, through private and public equity. An initial tranche will comprise a private placement offered to major shareholders and “certain new investors in Norway and Sweden,” the company explained in a statement. Zwipe said these interests have “pre-committed” to…

Major Italian Bank to Trial Gemalto’s Biometric Mastercard

Major Italian Bank to Trial Gemalto’s Biometric Mastercard

“Participating Intesa Sanpaolo customers will be able to make secure contactless payments with their biometric Mastercards just by holding a registered fingerprint over the sensor as they tap to pay…” Gemalto has officially announced the first Italian trial of its biometric payment card technology. It’s a collaboration with Mastercard and domestic bank Intesa Sanpaolo. It…

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