Revenues are up in NEXT Biometrics latest quarterly update, with the company highlighting advancements in its Aadhaar market activities and in promoting its new FAP 20 fingerprint sensor. For the second quarter of the 2019 fiscal year, NEXT Biometrics’ revenues came in at NOK 30.1 million, an improvement of 18 percent compared to Q2 of…
IDEX Biometrics has issued its corporate update for the second quarter and first half of 2019, emphasizing the progress the fingerprint biometrics specialist has made in positioning itself in the emerging biometric payment cards market. Highlights in the update include the establishment of IDEX’s largest customer commitment to date – a multi-year, multimillion dollar deal…
“IDEX says its conference call will be hosted by Chief Executive Officer Stan Swearingen and Chief Financial Officer Derek D’Antilio.” IDEX Biometrics will publish its Q2 results on Thursday, August 15th, the company has announced. The results will arrive alongside a conference call scheduled for 15:00 CET. In announcing the Q2 update schedule, IDEX did…
“It’s the latest development in the rapidly escalating biometric cards race, with multiple companies spanning the biometrics and payments industries seeking to get ahead of the emerging trend of fingerprint-scanning payment cards.” IDEX Biometrics has teamed up with Feitian on biometric smart card manufacturing. The companies have signed a new agreement that will see IDEX…
“With the manufacturing standards achieved, and the capacity of the production line, I am confident that biometric smart cards are ready for mass production and volume delivery to customers.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has achieved an important milestone in the biometric payment cards race, thanks to one of its customers. The…
“In IDEX’s system, a smart card – eg. a biometric credit card – would be mailed to an end user together with a lightweight receptacle featuring an integrated power source. The card is inserted into the receptacle, and then the user registers their fingerprint on the card.” IDEX Biometrics has won an Australian patent for…
“Linking patient identity to fingerprint biometrics can help to ensure that potentially dangerous medicine is only being given to the intended recipients; and on the flip side, it can help to prevent the creation of fraudulent prescriptions for nefarious ends.” In its latest blog post, IDEX Biometrics has returned to the benefits of biometrics in…
![ID4Africa: NEXT Biometrics’ Petr Klupka on Government Sector Success and Smart Card Commercialization [Audio]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/id4africa-next-biometrics-620x350.png)
This week, FindBiometrics was in Johannesburg, reporting live from ID4Africa 2019, where the biometrics industry converged to help realize the future of next-generation identity technology in Africa. All week we are bringing you live audio interviews recorded on the exhibition floor with biometrics industry experts helping transform identity services across the continent. On Thursday, Peter…
“I’m more confident than ever that biometric smart cards are poised for mass adoption.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics announced today that biometric payment cards featuring its SmartFinger sensor technology have begun a certification process on behalf of a “major global payment scheme in Asia.” The Bank Card Testing Center, an independent…
Global Invacom has backed away from a proposed $200 million acquisition of the smartcard specialist Tactilis. The news comes via a filing with the Singapore Exchange, which also revealed that the two companies would equally split costs and expenses and that the $20 million break fee would be waived. The two companies first agreed to…
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…
NEXT Biometrics has shipped another 30,000 fingerprint sensors to Tactilis, the company has announced. The shipment is a call-off order as part of a larger purchase of 250,000 fingerprint sensors and ASICs, with 60,000 sets of sensors and ASICs having been sent to Tactilis to date. NEXT Biometrics first saw its fingerprint sensor technology integrated…
“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…
“…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…
“Together, the companies will develop ‘battery-less dual-interface biometric cards with display,’ according to a statement from IDEX.” IDEX Biometrics has a big new partner in the China market for its biometric card efforts. The company has teamed up with Excelsecu, a Shenzhen-based security solutions provider specializing in security solutions including FIDO-based security keys, One-Time Password…
IDEX Biometrics has partnered up with CEC Huada Electronic Design Co., or HED, a China-based Secure Element specialist. The two companies will work together on a reference design for biometric smart cards. The partnership was announced on the closing day of this year’s Trustech event in France, where IDEX representatives are on hand alongside other…
“…the companies emphasized the power efficiency of Infineon’s Secure Elements, asserting that they can support contactless transactions “at significantly below 300ms”, allowing transactions to be performed in under a second.” IDEX Biometrics has become the latest fingerprint sensor specialist to team up with Munich-based Infineon on biometric cards. The companies have announced a partnership in…
“IDEX will be represented at the event by Sales and Marketing VP David Orme and Product Management Director Jerome Chavanel.” IDEX Biometrics is going to attend this week’s Trustech 2018 event in France together with two important partners – Feitian and Chutian Dragon. The former has developed a dual interface biometric payment card featuring an…
“Beyond the announced R&D project, NEXT Biometrics said that the partnership would see its large-area fingerprint sensors integrated into MK Group’s ‘next generation smart card products.’” NEXT Biometrics has another new partner in its biometric cards efforts. The company has announced that it’s starting an “R&D program” with Vietnam-based MK Group. In a statement, NEXT…