“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…
Fingerprint Cards (FPC) has announced that it will once again be providing fingerprint sensors for MeReal’s next shipment of biometric cards. The new cards are expected to hit the market in 2020, and will feature an FPC1300 sensor. MeReal recently unveiled a new biometric smart card called the Keyper, although it’s unclear if the Keyper…
Fingerprint Cards has received its first order for the use of its T-Shape fingerprint sensor module outside of the payments market, the company has announced. The order is for one hundred thousand sensors to be delivered this year. Fingerprint Cards hasn’t named its client in this case, but explained in a statement that the T-Shape…
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…