Veridium has become a backer of the Sovrin Network, an identity platform based on blockchain technology. Administrated by the non-profit Sovrin Foundation, the platform is envisioned as a kind of global, public utility that is independent of government and business interests. The Sovrin Network is meant to store end user information on a distributed ledger,…
FindBiometrics President Peter O’Neill recently had the opportunity to speak with Ritu Favre, CEO of NEXT Biometrics. The conversation starts with a review of her first year as the company’s leader and her major accomplishments in the role. The conversation moves on to the major security benefits of NEXT’s large area sensors and the demanding…
Biometric smart cards have been a hot topic in FinTech for over a year now, and at the center of that conversation is IDEX, a Norway-based biometric solutions provider focused exclusively in the smart cards vertical. FindBiometrics Managing Editor Peter Counter had the opportunity to speak with IDEX’s new CEO, Stan Swearingen, who was appointed…
It looks like Samsung’s next flagship tablet won’t have a traditional fingerprint sensor, suggesting the company is opting for some more sophisticated biometric security to replace it. All we have to go by are a couple of images leaked to the press, depicting a tablet device with no traditional home button, nor a fingerprint sensor…
“…the company asserted that ‘APSCA has one of the largest business networks in Asia with over 11,000 payments and identity industry executives from end-users and suppliers, including senior decision-makers from government agencies, banks, credit card companies, transport and ticketing operators, mobile operators and merchants.’” IDEX has become a member of the Asia Pacific Smart Card…
The Unique Identification Authority of India has clarified that it cannot share data from the country’s biometric national ID program after the head of the National Crime Records Bureau (NCRB) said such information could be used in criminal investigations. Speaking at the 19th All India Conference of Directors of Finger Prints Bureau, the NCRB chief had…
“The move comes soon after JCB enabled Google Pay in its home country, reflecting the company’s growing interest in novel payment technologies.” Japanese credit card company JCB is now supporting Apple Pay in Taiwan, the company has announced. JCB’s support in Taiwan comes in partnership with E.SUN Bank and Union Bank of Taiwan, with Taiwan…
A new patent detailing a blockchain-based, biometric healthcare system has been awarded to Walmart, of all companies. Entitled, “Obtaining a Medical Record Stored on a Blockchain from a Wearable Device”, the patent describes a system designed to let emergency first responders access the health records of an individual who is incapacitated. The patient’s health records…
“Synaptics serves a number of clients and recently won acclaim for its fingerprint sensor technology after it became the first supplier to deliver an in-displayer fingerprint scanner in a commercial smartphone earlier this year.” Synaptics is in talks with Dialog Semiconductor about the latter’s potential acquisition of the former, the company has confirmed. In a…
South Korea’s independent human rights agency has weighed in on a newly proposed law that would allow government authorities to collect the fingerprints of children aged four and under without parental consent, deeming it unconstitutional. As The Korea Times reports, the law was drafted with the aim of helping police to track down missing children.…
“Our goal is to help design a new banking model, using our biometric authentication technology to bring the unbanked into the financial services system. Additionally, over time, improve their circumstances, making it possible to open a bank account, apply for credit, and achieve a level of financial stability.” – Lori Cohen, CMO, Veridium Veridium has been…
“…the decision will not take effect immediately, with Thuresson agreeing to remain in his role until a new CFO has been found.” Precise Biometrics‘ Chief Financial Officer is stepping down, the company has announced. In a brief statement, the company said that Göran Thuresson has made the decision “to leave Precise Biometrics and return to a role…
“Essentially, it’s designed to use facial and fingerprint recognition to enable continuous, passive biometric authentication of a smartphone user.” BIO-key has been granted a patent that it believes could be highly valuable to the company given current trends in mobile biometrics market. Entitled, “Utilization of Biometric Data”, the patent was first filed in 2015, and…
“IDEMIA’s fingerprint matching service will primarily be used by domestic law enforcement agencies, as well as border control and immigration authorities…” The UK’s Home Office has selected IDEMIA to provide it with an upgraded fingerprint matching system. In a statement announcing its contract win, IDEMIA did not disclose the project’s value. But the company did…
“Responding to the project’s cancelation in a statement, NEC Australia said it is ‘extremely disappointed’ with the ACIC’s decision, and insisted that it ‘has worked closely with the ACIC to deliver the BIS project and have clearly demonstrated to the ACIC that we already have a high quality solution that will meet their needs.’” Australian…
Welsh startup Touch Biometrix now has a Chief Technology Officer to help it pursue its ambitious aims: The company has announced that Eric Derckx is its new CTO. The news comes after the company, which was founded in 2017, announced that it had received £150,000 in seed funding, which it would use to develop a…
The Unique Identification Authority of India has delayed its implementation of facial recognition support in Aadhaar, the biometric national ID program it oversees. The support for facial recognition was first announced near the start of this year. It’s aimed at facilitating biometric authentication in ‘fusion mode’ – that is, when both a fingerprint scan and…
“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…
New fingerprint scanning terminals at two critical points of entry in Mogadishu could help to thwart international criminals and terrorists trying to elude authorities through Somalia. The terminals were installed by the International Organization for Migration (IOM), a United Nations-affiliated intergovernmental organization, with support from the US Department of State. Deployed at Mogadishu’s Aden Abdulle…