“NEXT’s unique fingerprint sensor technology and the growth potential of its target markets provides the foundation to further scale the business and reach the Company’s true potential.” – Peter Heuman, CEO, NEXT Biometrics NEXT Biometrics has found its next CEO in Peter Heuman, an executive with experience in media marketing and financial services. In announcing…
Zwipe‘s Board of Directors has decided to seek a listing for the company on Nasdaq Stockholm’s First North Growth Market, the company has announced. The news arrives alongside Zwipe’s interim report for January through June of 2019, in which the company listed revenues of about TNOK 348, reflecting the “pre-commercial stage” of its biometric payment…
Recently appointed executives with IDEX Biometrics have continued to purchase large quantities of shares in the company after initial transactions last week. The latter were conducted shortly after a second quarter update from IDEX highlighting its progress in advancing its interests in the emerging biometric payment cards market. A fingerprint sensor specialist, IDEX has been…
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…
This week’s collection of top biometrics news stories from FindBiometrics is about as varied as it gets, with topics ranging from WhatsApp security to industry testing to enterprise IoT. But as varied as it is, this week’s roundup isn’t exactly full of surprises; at least a couple of the top stories cover news that would…
A pair of IDEX Biometrics executives have bought significant share holdings in the Norwegian fingerprint sensor specialist, according to mandatory trade notices from the company. Two of the notices concern Stephen A. Skaggs, a member of IDEX’s board. One notice, issued August 21st, attests that Skaggs “bought 50,000 shares in IDEX in the Oslo Børs…
“…the new Nokia 3 V puts the emphasis (so far as authentication and device unlocking goes) on facial recognition.” Finland-based HMD Global has released its latest Nokia smartphone: the Nokia 3 V, which features biometric authentication. Building on the Nokia 2 V launched near the start of this year, the new Nokia 3 V puts…
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…
Goodix has entered into a definitive agreement to acquire NXP Semiconductors’ Voice and Audio Solutions (VAS) business. The deal includes offices in Europe and Asia as well as intellectual property holdings related to VAS. Having established itself as an important supplier of fingerprint scanning solutions for smartphones, including the in-display sensor technology that is currently…
“The FPC1511 was pitched as FPC’s most cost-effective fingerprint sensor when it was first unveiled in June of 2018…” Fingerprint Cards (FPC) has placed its FPC1511 fingerprint sensor in a trio of new smartphones from Huawei and Honor. The sensor is now providing secure biometric authentication for the Huawei P20 Lite and Huawei Y9 Prime,…
Fingerprint Cards is back in the black in its latest quarterly update, showing a slight profit for Q2 2019 after a challenging period of adjustment to dropping ASPs in the mobile fingerprint sensor market. Improved Results Revenues for the April-June period came in at SEK 381.8 million. That’s a two percent drop against Fingerprint Cards’…
“As previously communicated, we are expecting modest initial volumes of biometric smart cards to be delivered at the end of 2019, followed by larger volumes in 2020.” – Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics has issued its latest quarterly results, depicting a dip in revenues but continuing progress in the company’s three key…
NEXT Biometrics is expanding its market reach through a new partnership with an unnamed provider of access control solutions for the global market. The deal specifically concerns NEXT’s One Touch ID 2010 ultra-slim FAP20 fingerprint sensor, which will be integrated into a range of identity verification and access control devices over the course of the…
“FPC’s statement indicates that while Samsung ordered (and FPC delivered) fingerprint sensors for the Galaxy A10s, there’s a chance that Samsung may have used technology from another provider for the final version of the A10s.” Fingerprint Cards (FPC) has issued a somewhat vague statement on the fingerprint sensor in Samsung’s recently unveiled Galaxy A10s smartphone.…
Synaptics has issued its results for the fourth quarter of its fiscal year, ended June 30th. The quarter saw the continuation of a downward trend in revenues seen in its last quarterly update, with net revenues coming in at $295.1 million. That’s 24 percent lower than revenues in the same quarter of last year, and…
“NEXT has made considerable strides in India since receiving its Aadhaar certification, and has placed a particularly strong focus on Point-of-Sale terminals.” NEXT Biometrics has partnered with the Shanghai-based SUNMI Technology to develop Point-of-Sale (POS) terminals for the Indian market. The P1 POS terminals will leverage NEXT’s fingerprint sensor technology, which was first certified for Aadhaar…
“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…
Synaptics has announced its next CEO: Michael Hurlston will take the helm on August 19th, and is expected to join the company’s Board of Directors at the same time. Hurlston is coming to Synaptics straight from Finisar, where he has served as chief executive since January of last year. His appointment at Synaptics can therefore…
NEXT Biometrics is continuing to expand is presence in the Indian market, forming a new partnership with yet another Aadhaar payment platform. This time, NEXT is teaming up with TROIKA Transsolutions, which will be deploying NEXT’s fingerprint sensors in Point-of-Sale terminals designed as part of an Aadhaar Enabled Payment System. TROIKA’s comprehensive financial portfolio includes…