Zwipe has issued its results for the 2018 fiscal year, and it appears that sales were way up, coming in at NOK 2,276,000, compared to sales of NOK 1,073,000 in 2017. But operating expenses were up too, at NOK 72,622,000 against NOK 53,331,000 in 2017; and the company’s net result for 2018 came in at…
“Participants in the pilot will need to register their biometrics at a physical bank branch, but NatWest says it’s exploring ways to enable remote biometric registration.” A major UK bank is about to become the latest to trial biometric payment card technology from Gemalto: NatWest has announced that it will pilot the technology with 200…
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…
Gemalto has issued its year-end results for 2018, showing modest growth despite declining revenues from its removable SIM business activities. The company reports revenues of €2,968,700,000 for the fiscal year, down slightly from 2017’s revenues of €2,971,700,000. But its net result, adjusted for the European Union’s International Financial Reporting Standards, came in at €211 million,…
Ugandan police now have a powerful new biometric tool at their disposal, thanks to Gemalto. The company has revealed that its Cogent Automated Biometric Identification System, or CABIS, is now being used by the Uganda Police Force together with its LiveScan technology. CABIS was first developed by 3M Cogent, which was acquired by Gemalto in…
“Its new Border Management System will be deployed first at the Entebbe International Airport in Kampala, Uganda’s capital city, and will be focused on the installation of fingerprint- and face-scanning eKiosks.” Ugandan authorities have awarded a contract to Gemalto to deliver a Border Management System (or ‘BMS’) revolving around airport biometrics screening. The project will…
“The company has been highly active in this emerging area [of biometric cards], having announced at the end of last year that a major Italian bank would be the latest to trial its new fingerprint-scanning payment card solution. “ China’s largest bank is sticking with Gemalto for its payment cards, with the latter announcing that…
“Participating Intesa Sanpaolo customers will be able to make secure contactless payments with their biometric Mastercards just by holding a registered fingerprint over the sensor as they tap to pay…” Gemalto has officially announced the first Italian trial of its biometric payment card technology. It’s a collaboration with Mastercard and domestic bank Intesa Sanpaolo. It…
Gemalto and Thales have cleared what was perhaps the highest hurdle in their pursuit of a merger, announcing in a new statement that the European Commission has granted them “merger control Regulatory Clearance”. Thales had first made its all-cash offer to acquire Gemalto in the spring of this year, but was compelled to push back…
Gemalto is going to work with the US Customs and Border Protection agency on a biometric boarding system at Los Angeles International Airport, the company has announced. LAX has been the site of considerable biometric experimentation over the past year. British Airways and Lufthansa both participated in biometric passenger screening trials with the CBP earlier…
New statistics on data breaches from Australian officials suggest that “this problem isn’t going away any time soon,” suggests Gemalto. As the company’s latest blog post explains, the Office of the Australian Information Commissioner implemented its Notifiable Data Breaches scheme in late February, introducing new requirements compelling organizations to notify individuals of data breaches that…
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…
“It’s the latest sign of the escalating activity in the nascent biometric payment cards market.” Fingerprint Cards technology is going to be used in Italy’s first trial of biometric payment cards, the company has announced. The trial will be the result of a collaboration with Zwipe and Gemalto, whose card solution uses a sensor model…
Survey data collected by German market research firm GfK suggests that consumers in the UK are warming to the idea of using biometric payment cards. Based on online polls of 821 cardholders in the country conducted in late May and early June, the research found that 54 percent of respondents said they would get a…
Just a week after pushing back the anticipated close of their merger deal, Thales and Gemalto have announced that they’ve obtained another regulatory clearance needed for the project. The latest is from South Africa’s Competition Commission, the seventh of 15 approvals needed from regulatory authorities around the world in order for Thales to proceed with…
The leadership at Gemalto and Thales are adjusting their expectations with respect to their proposed merger, announcing that they now expect the deal to close in the first quarter of 2019. The announcement comes after the news that the US Committee on Foreign Investment had given the merger its thumbs-up last month, marking the 6th…
The disturbing trends continue in Gemalto‘s latest update from its Breach Level Index, a database aimed at recording global data breaches. Gemalto has issued its findings from the first half of 2018. The good news is that, compared to the same period last year, the number of data breaches isn’t up all that much at…
“They have also received antitrust clearances from China, Israel, and Turkey; all told, they have received six of the 14 regulatory clearances needed from authorities around the world in order for the merger to happen.” Thales and Gemalto have cleared another major hurdle as they race toward their desired merger: Thales’ acquisition of Gemalto has…
Growth consultancy Frost & Sullivan has named Gemalto the recipient of its 2018 Middle East & Africa Customer Value Leadership Award. The award is in recognition of PURE, Gemalto’s white label payments platform that is designed to let domestic schemes and private label card issuers offer their own payment cards to customers. The system was used…