“Its biometric technology will be leveraged in a biometric access control security solution, and to that end, IDEX is delivering its sensors ‘to one of the world’s largest electronics manufacturing service companies in order to qualify their manufacturing process,’” IDEX Biometrics is gearing up for the fulfillment of a multi-year, multi-million dollar order for its…
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…
The technological areas of biometrics and smart cards have overlapped for many years now, most notably in the domain of access control, where multiple access terminals and kiosks have supported both biometric and smart card-based authentication. And smart cards with built-in biometric capabilities started to emerge several years ago, in various forms: Face Forensics, for…
“The new payment cards have been developed in partnership with Mastercard and Gemalto, the digital security specialist acquired by Thales earlier this year.” Fingerprint Cards‘ fingerprint sensor technology is in play in NatWest’s biometric credit card trial, the company has confirmed. The pilot program was just launched by the British bank, expanding its exploration of…
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…
“The biometric credit card trial will see payment cards issued to 150 participants, with spending limits for contactless transactions set to £100…” NatWest has started trialing biometric credit cards in the UK, the major bank has announced. The move follows a trial of biometric debit cards conducted earlier this year. As in that pilot program,…
IDEMIA has renewed its border partnership with the Australian Department of Home Affairs. According to the terms of the new contract, IDEMIA will continue to provide the Australian Border Agency with biometric SmartGates for the next five years, helping to ensure that Australia remains at the forefront of the border security conversation. The SmartGate portfolio…
IDEMIA has established a licensing agreement with IDEX concerning the latter’s biometric enrollment technology for payment cards and smart cards. The agreement grants IDEMIA the use of certain IDEX patents for the purpose of developing and selling on-card enrollment devices that function with IDEMIA’s own biometric card software. IDEX first announced its enrollment system for…
Everyone wants to keep their money secure, and everyone wants easy access to it. That in itself has long been a bit of a dilemma, and it has only intensified with the digital revolution that has converted physical money into ones and zeros around the world. So it’s no wonder that biometric technologies, with their…
Biometrics News – Fingerprint Recognition The fingerprint sensor market will grow from a value of $3.5 billion this year to $7.1 billion by 2024, according to a new forecast from MarketsandMarkets. This trajectory will reflect a CAGR of 15.3 percent. The report comes after Apple helped to prompt a shift in the mobile biometrics market…
“… IDEMIA and Zwipe say that their solution will be distinguished by its relatively small number of components, with things like the Secure Element and the microcontroller all embedded in a single chip mounted on a flexible Printed Circuit Board.” IDEMIA and Zwipe have teamed up on a biometric payment card solution that they are…
“We have selected Zwipe because of their proven ability to integrate biometrics with payment functionalities into an extremely space and energy-constrained environment.” – Gabrielle Bugat, Group Senior Vice President, Head of Business Unit, Financial Services, G+D Mobile Security Zwipe and Giesecke + Devrient Mobile Security (or “G+D”) are teaming up on a new payment device,…
IDEX Biometrics will be making an appearance at the APSCA’s third annual Next-Generation Cards conference and exposition in Singapore. The event will run from October 15-16, and will focus on the evolving payment and identity card ecosystem facing card issuers and manufacturers. To that end, Hunter Hu will be giving a presentation about biometric smart…
Fingerprint Cards (FPC) has conducted a poll of banks and consumers in an effort to learn more about their views about financial security and the prospects for biometric payment cards. The company found that banks and consumers are generally aligned in their views, especially when it comes to the significance of contactless payments. On that…
Zwipe is teaming up with the Southeast Asian card manufacturer dz card to develop biometric payment cards for that market. dz card will take advantage of Zwipe’s biometric technology and expertise, especially when integrating its biometric payment platform and its user-friendly at-home enrollment services. The cards themselves are being designed to meet the specific needs…
“NEXT’s unique fingerprint sensor technology and the growth potential of its target markets provides the foundation to further scale the business and reach the Company’s true potential.” – Peter Heuman, CEO, NEXT Biometrics NEXT Biometrics has found its next CEO in Peter Heuman, an executive with experience in media marketing and financial services. In announcing…
Zwipe‘s Board of Directors has decided to seek a listing for the company on Nasdaq Stockholm’s First North Growth Market, the company has announced. The news arrives alongside Zwipe’s interim report for January through June of 2019, in which the company listed revenues of about TNOK 348, reflecting the “pre-commercial stage” of its biometric payment…
One year into his tenure as CEO of Precise Biometrics, Stefan K. Persson is pleased with the company’s progress, suggest comments in an interview on the company’s blog. Having taken the helm on August 1st of last year, Persson – a former executive with Danish home electronics makers Bang & Olufsen – came to the…