Thales Group Chairman and CEO Patrice Caine has given readers a glimpse of the future in a recent LinkedIn blog post, walking them through an average plane trip in 2030. In doing so, he highlights the growing significance of biometric boarding, which allows passengers to check in and board the plane with only a facial…
At the end of each week, FindBiometrics has been rounding up the site’s most popular posts, and reviewing them for anyone who might have missed the big news. The collection this week spans across a range of topics, from corporate restructuring to national ID to FinTech; but if there’s any trend to be found in…
“The new payment cards have been developed in partnership with Mastercard and Gemalto, the digital security specialist acquired by Thales earlier this year.” Fingerprint Cards‘ fingerprint sensor technology is in play in NatWest’s biometric credit card trial, the company has confirmed. The pilot program was just launched by the British bank, expanding its exploration of…
Biometrics News With its acquisition of Gemalto earlier this year, Thales has established a new “Digital Identity and Security” (DIS) business unit, and has laid out some lofty expectations for the division in a note to investors. According to Thales, the DIS unit comprises Gemalto as well as “a number of digital businesses previously assigned…
Thales will be delivering 15 million e-passports to the Ministry of Foreign Affairs (MOFA) in Thailand, which has placed the order through a contract with the DGM Consortium. The Consortium includes MultiCert, Data Products Toppan Forms, and Gemalto, the latter of which was acquired by Thales earlier this year. The biometric e-passports will include a…
The global market for e-passports is going to surge over the next few years, according to a new report from Technavio. The market research firm forecasts a CAGR of 21 percent between 2019 and 2023, equating to $23.93 billion in growth. In a report summary, a senior Technavio analyst explained that an increasing number of…
“This acquisition represents a powerful accelerator of the strategy we have been implementing since 2015; by providing a unique range of digital technologies and skills, it strengthens the differentiation of our solutions and positions us as partner in the digital transformation of our customers.” – Patrice Caine, CEO, Thales In the wake of its acquisition…
“Both of the AFIS systems will be developed by Gemalto, and the company says that they may eventually also feature support for additional biometric modalities including facial recognition and DNA.” Gemalto has won a big new security contract with the Canadian government. The company has announced that it will provide the country’s Department of National…
“The trial program is a significant development for Fingerprint Cards, which has looked to the emerging biometric payment cards market as an important new business area… “ The UK bank NatWest has started its trial of biometric payment cards, and Fingerprint Cards technology is playing a role, the latter has announced. News that NatWest would…
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,…
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…
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…
“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…
French industrial engineering company Thales has made a deal to acquire Gemalto. The deal arrived as Gemalto’s management was facing down a hostile acquisition attempt from Atos, which had offered EUR 46 for any issued and outstanding shares in the company, a price that Gemalto said significantly undervalued the company. Thales has offered EUR 51…
New technology demonstrated at last week’s Paris Air Show could drastically automate passenger processing at airports. Developed by French industrial engineering group Thales, the technology is essentially a robot that would screen and check-in air travel passengers. The machine is able to use biometric technology to scan the faces on passports as well as the…