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…
Zwipe is teaming up with the Chinese smart card manufacturer XH Smart with an eye towards the release of biometric payment cards. The two companies will collaborate to develop new end-to-end payment solutions, with Zwipe providing advisory services in addition to physical components. “We are excited to partner with XH Smart and to contribute to…
“We are proud to strengthen our long-standing partnership with a global technology leader such as Infineon. This collaboration further enhances our ability to commercialize our technology and IP through competitive solutions for mass-volume deployment.” – André Løvestam, CEO, Zwipe With the clock ticking down to mass deployment of biometric payment cards, Zwipe and Infineon are…
“The partnership will focus on biometric payment cards, and entails the licensing of Zwipe intellectual property, the integration of Zwipe components, and the use of Zwipe’s cardholder enrollment technology.” China-based card integrator Goldpac has added another Scandinavian biometrics specialist to its roster of partners, with Zwipe announcing that it has established a new collaborative agreement…
As we’ve seen in our Primer and our look at the FIDO Alliance for On-Device Biometrics Month, there’s a wide range of areas in which the on-device approach to biometric data and authentication can be usefully applied. But one of the most important of these application areas is only just starting to come into view,…
“Inkript’s partnership with Zwipe revolves around the latter’s fingerprint sensor technology, with the two working together to produce biometric payment cards.” A new partnership should help to further solidify Zwipe’s position in the Middle East and Africa biometric cards market. The company has teamed up with Inkript, a digital security solutions provider based in Beirut.…
Zwipe has issued a corporate update for the first quarter of the year, depicting its continuing focus on the emerging biometric payment cards market. In its update, the fingerprint biometrics specialist asserted that it’s participating “in the majority of ongoing biometric payment card pilots in collaboration with partners in Europe and the Middle East,” adding…
Zwipe has released a new JavaCard operating system to facilitate mobile payments. The proprietary OS is compatible with existing payment apps and integrates Zwipe’s ultra-low power biometric engine. The solution will give Zwipe more flexibility in the biometric payment card market, where Java is one of the two major operating systems. The other is Multos, which Zwipe already…
“TAG Systems is one of most prominent card manufacturers in the Nordics and a first mover and leading supplier to European challenger banks. I am confident that this collaboration will further strengthen Zwipe’s position in the growing biometric payment marketplace.” – André Løvestam, CEO, Zwipe Norway-based fingerprint biometrics specialist Zwipe is solidifying its position in…
“Robert brings a wealth of experience and knowledge and will be instrumental in ensuring the successful delivery of our technology platform to our expanding global customer base.” – André Løvestam, CEO, Zwipe A longtime NEXT Biometrics executive has now become Zwipe‘s Chief Technology Officer. Dr. Robert Mueller – no, not that Robert Mueller – is…
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…
The latest version of Zwipe‘s biometric payment card features Fingerprint Cards’ T-Shape sensor, the company has announced. The biometric module was first launched by Fingerprints in September of 2017, with the company announcing at the time that it was specifically designed for smart card applications. It was quickly embraced by IDEMIA for that company’s biometric…
“In making its pitch to investors, Zwipe had emphasized its position as a technology supplier in the emerging biometric payment cards market, and the company maintained this theme in a statement announcing its Merkur Market debut.” Zwipe has reached an important corporate milestone, announcing that its shares are now trading on the Oslo Stock Exchange’s…
“Much of the excitement can be attributed to a broader buzz over the emergence of fingerprint-scanning payment cards, an area in which Zwipe has established a solid footing ahead of large-scale rollouts.” Zwipe‘s big share offering last week proved to be a great success, the company reports. The fingerprint biometrics specialist had announced that it…
Zwipe has announced a plan to raise up to NOK 120 million, or about $13.7 million USD, through private and public equity. An initial tranche will comprise a private placement offered to major shareholders and “certain new investors in Norway and Sweden,” the company explained in a statement. Zwipe said these interests have “pre-committed” to…
Financial services industry leaders have a strong appetite for biometric payment cards and are even willing to pay for one, suggest the results of a Zwipe survey at last week’s Fintech Connect event in London. Eighty percent of respondents said their payments are ‘always’ contactless, with 19 percent saying they make contactless payments ‘sometimes’. More…
Fingerprint Cards and Feitian have teamed up on biometric cards, announcing that the former’s T-Shape fingerprint sensor module will be incorporated into Feitian’s contactless payment cards. It’s the latest twist in the rapidly evolving biometric payment cards industry, with Feitian previously having collaborated extensively with another fingerprint sensor specialist, IDEX. The two companies first announced…
One of the industry’s leading analyst groups has organized a major new event: Goode Intelligence has announced that the inaugural Biometric Summit New York will take place early next year, on Thursday, April 4th. Some big names are already on board. Sponsors of the event include fingerprint biometrics specialists Zwipe and Precise Biometrics, as well…
A trade journalist who has covered biometric cards extensively is Zwipe‘s new Vice President of Business Development. Antonio D’Albore is the founder and Editor in Chief of Embedded Security News, and the author of “The Rise of Biometric Cards“, an extensive research report published near the start of this year. He has also held executive…