IDEX Biometrics has announced multiple changes in its executive-level leadership structure. Two of the changes stem from the creation of a new position within the company – Chief Innovation Officer. Fred Benkley, who previously served as IDEX’s Chief Technology Officer, has stepped into this role; and consequently Anthony Eaton, previously the VP of Systems Engineering,…
In the past couple of years, biometric payment cards have emerged as an exciting, potentially transformative new trend in the payments industry. However, new technology can still be intimidating, especially for organizations that don’t understand how biometric payment cards are supposed to work. That’s why the Secure Technology Alliance has released a report to educate…
“Our F.CODE solution is recognized as a reliable security system based on biometrics.” JCB’s biometric cards received two prizes during the Cards and Electronic Payments International Asia (CEPI) Summit and Awards, taking home Best Security Initiative and Best NFC Security Initiative at the 5th annual conference at the end of 2018. The cards are based…
“In a statement announcing the MWC showcase, IDEX emphasized that its card solution does not require a battery or internal power source. “ IDEX‘s biometric payment card technology is being demoed live this week at the Mobile World Congress in Barcelona. The showcase is thanks to XH Smart Tech, which IDEX teamed up with in…
As it works toward commercially launching biometric payment cards, Gemalto has ordered fingerprint scanning technology from Fingerprint Cards. More specifically, Gemalto is leveraging Fingerprints’ T-Shape fingerprint sensor module and its recently announced Biometric Software Platform in the continuing development of payment cards that can scan a user’s fingerprint for authentication during transactions. Announcing the order…
IDEX is dispelling some misconceptions about cryptocurrencies after doing the same for biometric payment cards and financial inclusion. In the first entry of the company’s latest blog series, IDEX Senior Vice President David Orme argues that biometric authentication is the next logical step for cryptocurrency expansion. According to Orme, biometric technology solves one of…
“…we are in the process of building a sustainable network with leading players in the smart card ecosystem to commercialize biometric dual interface technology in the banking sector and beyond.” – Alain Faburel, Chief Sales and Marketing Officer, NEXT Biometrics NEXT Biometrics has another partner in the emerging biometric payment cards market: The company has…
In the latest and concluding entry to its blog series on Biometrics for Financial Inclusion, IDEX Biometrics explained how biometric authentication will make it easier for people around the world to gain access to secure financial services. That can be particularly valuable to those with literacy issues, many of whom lack the traditional credentials that many…
A big new partnership should leave SmartMetric well-positioned in Europe’s emerging biometric payment cards market. The company has teamed up with ServiRed, which claims to be Spain’s biggest payment card scheme with 44 million cards in circulation and well over a million participating merchants. ServiRed is also the proprietor of the Advantis card chip operating…
“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…
The French bank Société Générale made headlines last October when it rolled out new payment cards with biometric fingerprint authentication. The pilot program demonstrated the country’s ongoing commitment to financial innovation and smart card technology, a trend that dates back to the first chip-based cards in 1988. Fingerprint Cards is similarly positioning itself at the…
Most prognosticators expect biometric payment cards to be one of the fundamental building blocks of the future economy. IDEX Biometrics is well positioned as a key player in that field, unveiling its latest payment card at APSCA Digital Commerce Asia Pacific in Kuala Lumpur. Now, IDEX is trying to demystify its new technology with a…
“…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…
“Much of the excitement can be attributed to a broader buzz over the emergence of fingerprint-scanning payment cards, an area in which Zwipe has established a solid footing ahead of large-scale rollouts.” Zwipe‘s big share offering last week proved to be a great success, the company reports. The fingerprint biometrics specialist had announced that it…
Financial services industry leaders have a strong appetite for biometric payment cards and are even willing to pay for one, suggest the results of a Zwipe survey at last week’s Fintech Connect event in London. Eighty percent of respondents said their payments are ‘always’ contactless, with 19 percent saying they make contactless payments ‘sometimes’. More…
Ten Middle Eastern banks are now trialing biometric payment cards featuring Zwipe technology, the company has announced. The trials commenced this week, and are the product of a collaboration with Lebanon-based FinTech solutions provider Areeba, as well as Unilux Cards and Gemalto. The cards in play are Visa payment cards, featuring a built-in fingerprint sensor…
As real-world trials of biometric payment cards continue to proliferate in advance of large-scale launches, Fingerprint Cards is turning to the PR front to get consumers – and clients in the financial services sector – ready for the first wave. The company has issued a new eBook explaining the technology, and has published a blog…
“Chutian Dragon could therefore become a key ally in IDEX’s efforts to get its fingerprint sensor technology into major, large-scale launches of biometric payment cards, especially in China.” IDEX Biometrics has a big new production and sales partner for its biometric payment card technology. The company has teamed up with Chutian Dragon Co., a China-based firm…
SmartMetric has announced an important technological enhancement of its biometric card technology: Its fingerprint scanning system now features liveness detection. In announcing the development, SmartMetric did not outline the mechanism underlying its new liveness detection system, saying only that its card solution now has “additional sensing functions that are used to validate the liveness of…