Fingerprint Cards issued its Q2 update today, with the report depicting the continuation of trends seen in its last quarterly result. Revenues for the quarter came in at SEK 389.9 million, a decrease of 53 percent year-over-year. FPC also continued to see a net loss, which amounted to SEK 467.9 million, compared to a loss…
Fingerprint Cards has set a date for its Q2 update, which will arrive on July 19th. The company will issue its Q2 report at 7:00am CET, followed by a webcast and telephone conference at 9:00am CET. In announcing its plans for the Q2 update, FPC offered no hints about what it would entail, but it’s…
“In a statement announcing the new integrations, FPC said it is ‘very proud to provide world class biometrics for two new and cool smartphones…’” Two high-profile new smartphones are using fingerprint sensor technology from Fingerprint Cards, the company has announced. And they’re both from repeat customers. One of the devices is the latest addition to…
“…the integration is another example of FPC’s ongoing efforts to diversify its business pursuits beyond the saturated mobile market in which it is a well-established player.” Fingerprint Cards‘ fingerprint sensor technology is being used to secure a new cryptocurrency payment card from Hong Kong-based MeReal Biometrics. In terms of its design, the “UKey” is very…
A major deployment of Fingerprint Cards‘ iris scanning technology has arrived, in the form of a biometric point of sale terminal in India. Dubbed “Apnapay”, the terminal is the product of Hong Kong-based Grand Tech International Development. It allows for iris-based authentication of the customer based on Aadhaar, India’s wide-ranging biometric national ID program, thanks…
“FPC’s latest sensor model is a single-chip solution that the company says is suitable for square or rounded rear-mounted applications, or in a rectangular home button on the front of a mobile device.” Fingerprint Cards has announced its most affordable fingerprint sensor yet, the FPC1511. The solution was first hinted at in FPC’s latest quarterly…
“The latest integrations point to Fingerprint Cards’ continuing prominence as a supplier of fingerprint sensors to the mobile market…” Another raft of new smartphones are using biometric technology provided by Fingerprint Cards, the company has announced. The four newly revealed integrations are each with a different smartphone brand, all of which are returning customers for…
FindBiometrics was in Amsterdam this week reporting live from Money20/20 Europe, where biometrics were an integral part of the conversation. From the main stage to the exhibition floor, biometrics are the buzz this year, with day-one keynotes from Biocryptology and Mastercard framing identity and authentication as crucial components to the FinTech space in Europe and…
![INTERVIEW: Fingerprint Cards SVP Thomas Rex Talks Biometric Cards at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-FPC-Thomas-Rex-2-620x350.jpg)
Fingerprint Cards has shown a strong determination to expand its fingerprint sensor business beyond the mobile market over the past year, and in so doing became one of the pioneers in the emerging area of biometric smart cards. With that technology now taking a bigger share of the spotlight than ever at this year’s Money20/20…
“Now that biometrics are accepted as the premium FinTech experience, we can get down to the real work,” said FindBiometrics President Peter O’Neill, addressing the audience for “Breaking the compromise between security and convenience” – the FindBiometrics panel at Money20/20 Europe. Focused around the concept of ‘Identity First’, the panel brought together leaders in biometrics…
FindBiometrics is in Amsterdam this week for Money20/20 Europe, where we are reporting live from the conference floor on all the biometrics and identity-centric news from what’s billed this year as “The greatest FinTech show on Earth.” This year’s Money20/20 Europe boasts over 5000 attendees, 1500 companies, and 400 speakers from 85 countries. Already, the…
Fingerprint Cards is taking cost reductions measures to adapt to challenging market conditions, including more layoffs and write-offs of inventory. In announcing the plans, the company said it expects to reduced its workforce by 179 individuals, and that it will execute a non-cash write-off of about SEK 336 million (a little over $38 million USD)…
It has been a particularly busy week for mobile biometrics, with industry news running the gamut from security fiascos to pioneering innovations. In some ways, the week has marked the culmination of some of the biggest trends that have been underway over the past year – the rise of facial recognition, the ongoing proliferation of…
While the premium version of Xiaomi’s new flagship smartphone may be stealing the spotlight, Fingerprint Cards is celebrating the use of its technology in the standard Mi 8 and the budget-friendly Mi 8 SE. The company has revealed that both smartphone models feature its FPC1291 sensor, a “single-chip, single-die” solution first announced in February of…
Fingerprint Cards is seeing a relatively unusual application of its biometric sensor technology, with the company announcing that it has been integrated into a new suitcase from China-based luggage brand 90FUN. The latter is perhaps best known for its Puppy1 smart suitcase, which is designed to follow the user around automatically, and balance itself using…
“It is capable of matching a fingerprint within a Secure Element, and Precise Biometrics says it can support fingerprint sensors as small as 30mm².” Precise Biometrics has officially unveiled its new fingerprint matching algorithm solution for the smart card market, dubbed Precise BioMatch Card. It isn’t an entirely new solution, but rather an adaptation of…
Fingerprint Cards has received orders for its T-Shape fingerprint sensor module from “two major global card manufacturers,” the company has announced. The news comes on the heels of FPC’s announcement that Italy-based Card Tech had elected to use the T-Shape sensor module in a forthcoming dual interface card, and not long after a pilot project…
Fingerprint Cards is on the hunt for a new CFO, with the individual previously slated for the position having pulled out. Previously the CFO of Commercial Finance at Mölnlycke Health Care, Pernilla Lindén was to take over the role of FPC’s CFO after the June 6th departure of Hassan Tabrizi, who filled the position on an interim…
Fingerprint sensors are now a standard feature on contemporary smartphones. Yet while they’re more popular than ever, a number of fingerprint sensor specialists have had to contend with serious market pressures in recent months, with costs in the mobile market dropping and a growing number of competitors. That doesn’t mean the fingerprint sensor market has…