“IDEMIA’s F-Code technology, which has been used in at least one Mastercard trial, could therefore find a ready audience at Money20/20 Europe.” Money20/20 Europe is right around the corner, and IDEMIA is planning to take advantage of the event to showcase a range of solutions including its biometric payment card technology. The industry event offers…
“MarketsandMarkets highlights the efforts of NEXT Biometrics, Fingerprint Cards, and IDEX in pioneering these technologies.” While a number of fingerprint sensor specialists have come under intense market pressure over the past year due to shrinking margins in the mobile sector, the overall fingerprint sensor market will continue its upward trajectory over the next several years,…
“IDEX suggested it would highlight its IDX3200 fingerprint sensor for dual-interface smart cards, and its IDX3410 solution…” IDEX is hoping to capitalize on excitement over biometric smart cards at the upcoming 2018 Money20/20 Europe exhibition in Amsterdam. With its focus on FinTech, the event is likely to buzz with excitement over biometric payment cards in…
In cooperation with Mastercard, the National Bank of Kuwait will lead the first biometric payment card trial in the GCC, an economic bloc that also includes Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, and Oman. The news comes amid a flurry of activity concerning biometric payment card pilots in the region. In the middle…
“We are seeing increased customer activity in the biometric card space, and we are confident that the market will materialize this year.” – Stan Swearingen, CEO, IDEX IDEX fingerprint sensors are being used in a new trial of biometric cards underway in the Middle East. In a statement announcing the development, IDEX offered little further detail…
“The implementation of fingerprint sensors into contactless cards allows cardholders to be authenticated as they perform transactions, even contactless ones, meaning the consumers don’t need to worry about losing their cards and thereby allowing some fraudster to go around buying things with the wave of a hand.” Biometric technology is the key to keep the…
“Shipping samples of our biometric module for smart cards marks another step forward for NEXT in this rapidly growing market segment and highlights the strong support among customers for our fingerprint sensor technology.” – Ritu Favre, CEO, NEXT Biometrics NEXT Biometrics has begun sampling of its contact-based biometric smart card modules, the company has announced.…
Today, Mastercard unveiled a key component in its biometric payment card solution: remote enrollment. Developed in collaboration with fingerprint biometric smart card specialist IDEX – which announced a self-service enrollment technology in late 2017 — the solution allows end users of next generation biometric payment cards to register their fingerprint data on their credit card…
“Greenbridge’s share increase offers a vote of confidence in NEXT Biometrics as the latter seeks to establish itself as a pioneer in the emerging biometric payment cards market, an area in which numerous firms including Mastercard and Visa have been highly active in recent months.” Greenbridge Investment Partners, the biggest shareholder in NEXT Biometrics, has…
“Most observers agree that for security and convenience reasons, biometric contactless payment cards are the wave of the future in banking and other industries.” – Ritu Favre, CEO NEXT Biometrics NEXT Biometrics has taken another important step on the path toward commercialization of its biometric payment card solutions, and has further refined its timeline for…
HID Global has embraced the new FIDO2 standard, announcing a new HID smart card featuring a FIDO2 credential. The company is working with Microsoft to enable login to Windows and other software and devices via its smart card solution. FIDO2 is the new flagship authentication standard of the FIDO Alliance. It’s key innovation over previous…
IDEX has announced that it will hold its Annual General Meeting on May 9th, and will issue its Q1 results immediately after its conclusion. The Q1 results will follow a recently issued 2017 report which outlined lower revenues and widening losses as the company struggled against competitive pressures that have generally depressed margins in the mobile…
“Its announcement arrives as Japanese credit card company JCB moves ahead with a pilot of a new IDEMIA biometric payment card that features Fingerprint Cards’ T-Shape solution…” Fingerprint Cards has a new manufacturing partner for its T-Shape fingerprint sensor module for biometric smart cards: France-based Smart Technology Services. In a statement, FPC announced that its…
“…IDEMIA’s F-Code revolves around fingerprint authentication. It features an embedded Fingerprint Cards sensor, designed to confirm users’ identities as they process a transaction, replacing the PIN-based security of contemporary chip cards.” The first major pilot of biometric payment card solution from IDEMIA and Fingerprint Cards is now getting underway. The project was first announced last…
A Fingerprint Cards sensor is being used in a new Visa-led pilot of biometric payment card technology. In a statement, the company announced that it’s the provider of a touch sensor for “the recently announced battery-less dual interface (chip- and contactless-enabled) biometric payment card pilot with Visa,” adding that the card technology being used in…
“…using fingerprint technology to authenticate a person for payments will provide cardholders a faster, easier and more secure payment process compared to the traditional use of PINs.” – Maher Mikati, CEO, Areeba, Areeba, a Lebanon-based FinTech solutions provider, will offer Gemalto‘s biometric Visa card to its client in the Middle East. It’s the latest sign of…
“IDEX is bullish on its prospects of its biometric technology’s applications in the Internet of Things, in-display fingerprint scanning on smartphones, and biometric smart cards…” IDEX has issued its results for 2017. With revenues down and losses up, the report illustrates the same competitive pressures that have come to bear on other fingerprint sensor providers…
NEXT Biometrics has attained its goal of reaching a positive gross margin for January, the company has announced. The news comes by way of NEXT’s Q4 and year-end report for 2017. The company’s revenues for the quarter came in at NOK 24.7 million, down compared to NOK 31.8 million in Q4 of 2016; and its…
Biometric smart cards are a major topic at this year’s Mobile World Congress in Barcelona. The fingerprint secured credit card space heated up in 2017 and now, at the dawn of 2018 the industry is headed towards commercialization of the next generation card payment solution. That’s the focus of FindBiometrics President Peter O’Neill’s conversation with…