Zwipe has announced a new Chief Financial Officer. Lars Kristian Solheim will take the position starting March 1st of 2020, when he will replace interim CFO Lars Myren. In a statement announcing the new executive’s appointment, Zwipe highlighted his relevant experience. After serving as a Senior Associate at the audit firm Ernst & Young, Solheim…
Fingerprint Cards has a new partner in its efforts to target the emerging biometric payment cards market: the company has announced a new partnership with Valid that will see the latter take advantage of FPC’s T-Shape fingerprint sensor module for smart card applications. Valid originally started up in Brazil over half a century ago as…
It’s been another richly varied week in biometrics news, and FindBiometrics’ latest roundup of our top stories reflects that. But if there’s one theme common to all of these articles, it’s that they each reflect the dynamism and progress of the overall biometrics market as it continues to grow and its technologies continue to evolve.…
NEXT Biometrics is teaming up with Softlock to carry out a biometric smart card pilot with the government of an unspecified African country. The new cards will combine a large-area fingerprint sensor from NEXT with Softlock’s operating system, Public Key Infrastructure (PKI), and biometric applets. The government partner is hoping to use the cards for…
Fingerprint Cards (FPC) has placed its FPC BM-Lite biometric module in a new biometric authentication card from India’s Elementik Technologies. The card has been dubbed the ByteSeal, and FPC is boasting that it will be the “first fingerprint biometrics enabled authentication card” to hit the market in India. The ByteSeal offers wireless BLE and NFC…
IDEX Biometrics has obtained subscriptions for 120 million new shares in a private placement, the company has announced. The shares were priced at NOK 0.75 each, allowing the company to raise NOK 90.0 million, or about $9.9 million USD, in total. In pursuing the private placement, IDEX’s Board of Directors decided to waive existing shareholders’…
The biometrics industry spans across a number of technologies, sectors, and verticals, and this week’s roundup of FindBiometrics’ top articles once again runs the gamut. If there is one dominant theme in this week’s roster, it may be mobile biometrics, which feature heavily in two of FindBiometrics’ most-read articles. One was our latest in-depth feature…
IDEX Biometrics has announced that it will be supplying the fingerprint sensors for a new biometric ID card from DongWoon Anatech. The new cards are designed for access control, and will specifically leverage IDEX’s SmartFinger IDX 3200 dual-interface fingerprint sensor. DongWoon is a South Korea-based supplier of biometric algorithms, and will partner with a third-party card…
“Industry participants and analysts believe 2020 will [be] the year where the market moves from one defined by pilots, towards mass commercial deployments.” That’s one of the key takeaways from IDEX’s latest quarterly update, in which the company has reported significant progress in the journey toward commercialization of its fingerprint biometrics tech for the next…
The Government of Madeira is moving forward with the pilot of the “Smart Island” digital identity program in collaboration with Tactilis. Madeira is an autonomous group of Portuguese islands off the coast of North Africa with a population of approximately 300,000 people. A consortium of Madeira’s leading systems integrators has placed an initial order for…
Zwipe has issued an ‘Operational Update’ for the third quarter, highlighting its most important recent developments. These include a few important partnerships. In September, the fingerprint recognition specialist announced that it had teamed up with IDEMIA to develop a streamlined biometric payment card solution, with the companies aiming to get it to market in the…
IDEX Biometrics has set a date for its third quarter update: the results will be published on November 13th, and will arrive alongside a conference call slated for 10:00 CET. The call will be helmed by IDEX CEO Stan Swearingen as well as CFO Derek D’Antilio. In announcing the plans, IDEX offered no details about…
MarketsandMarkets has released a new report that predicts that the Biometric System Market will hit $65.3 billion by 2024. That figure represents a CAGR of 14.6 percent from the firm’s $33 billion market valuation for 2019. The research firm attributes much of that anticipated growth to the general demand for strong multi-factor security solutions, and biometric…
“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…
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…
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…
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…
NEXT Biometrics has received a big new order for its fingerprint sensor technology. The company says a new PO valued at about $100,000 will see its fingerprint sensor modules integrated into a biometric smart card reader solution. In announcing the order, NEXT Biometrics did not disclose the name or any other details of its client,…
NEXT Biometrics has received a substantial purchase order worth roughly $100,000. The order concerns fingerprint sensor modules that NEXT expects to deliver in the fourth quarter of 2019 and into 2020. The announcement did not reveal which company placed the order, but did disclose that it came from an existing NEXT customer that planned to…