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…
In the past couple of years, biometric payment cards have emerged as an exciting, potentially transformative new trend in the payments industry. However, new technology can still be intimidating, especially for organizations that don’t understand how biometric payment cards are supposed to work. That’s why the Secure Technology Alliance has released a report to educate…
“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…
“Our F.CODE solution is recognized as a reliable security system based on biometrics.” JCB’s biometric cards received two prizes during the Cards and Electronic Payments International Asia (CEPI) Summit and Awards, taking home Best Security Initiative and Best NFC Security Initiative at the 5th annual conference at the end of 2018. The cards are based…
“The partnership revolves around plans to launch both dual interface and contact-based payment cards in the APAC region.” NEXT Biometrics has further solidified its footing in the emerging biometric payment cards market with another card manufacturer partnership. In announcing the development, NEXT Biometrics did not disclose the name of its new partner, but noted that…
NEXT Biometrics has shipped another 30,000 fingerprint sensors to Tactilis, the company has announced. The shipment is a call-off order as part of a larger purchase of 250,000 fingerprint sensors and ASICs, with 60,000 sets of sensors and ASICs having been sent to Tactilis to date. NEXT Biometrics first saw its fingerprint sensor technology integrated…
“In a statement announcing the MWC showcase, IDEX emphasized that its card solution does not require a battery or internal power source. “ IDEX‘s biometric payment card technology is being demoed live this week at the Mobile World Congress in Barcelona. The showcase is thanks to XH Smart Tech, which IDEX teamed up with in…
IDEX Biometrics has completed a $25 million USD private placement, the company has announced. The NOK 214 million deal entailed the sale of 53,437,500 shares to existing shareholders including Invesco, Woodford Investment Management, and members of the company’s management team and board of directors. In a statement announcing the private placement, IDEX asserted that it…
Most prognosticators expect biometric payment cards to be one of the fundamental building blocks of the future economy. IDEX Biometrics is well positioned as a key player in that field, unveiling its latest payment card at APSCA Digital Commerce Asia Pacific in Kuala Lumpur. Now, IDEX is trying to demystify its new technology with a…
“Shaped like a standard credit card, the new ‘wallet’ will feature an integrated fingerprint reader provided by Fingerprints for user authentication.” A forthcoming cryptocurrency wallet will feature biometric security care of Fingerprints (FPC). The solution is being developed by Danish smart card specialist CardLab, in collaboration with Spatium, a firm that has previously developed a…
“Our SmartFinger fingerprint technologies are highly secure, customizable and deliver a strong biometric performance whilst ensuring an outstanding user experience.” – Stan Swearingen, CEO, IDEX Biometrics A longtime leader in the biometrics industry has finally given its fingerprint sensor solutions their own name: IDEX Biometrics has announced that the technology will be sold under the…
“Together, the companies will develop ‘battery-less dual-interface biometric cards with display,’ according to a statement from IDEX.” IDEX Biometrics has a big new partner in the China market for its biometric card efforts. The company has teamed up with Excelsecu, a Shenzhen-based security solutions provider specializing in security solutions including FIDO-based security keys, One-Time Password…
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…
IDEX Biometrics has partnered up with CEC Huada Electronic Design Co., or HED, a China-based Secure Element specialist. The two companies will work together on a reference design for biometric smart cards. The partnership was announced on the closing day of this year’s Trustech event in France, where IDEX representatives are on hand alongside other…
“…the companies emphasized the power efficiency of Infineon’s Secure Elements, asserting that they can support contactless transactions “at significantly below 300ms”, allowing transactions to be performed in under a second.” IDEX Biometrics has become the latest fingerprint sensor specialist to team up with Munich-based Infineon on biometric cards. The companies have announced a partnership in…
“As with other emerging biometric payment card solutions, the aim is to enhance security with biometrics while maintaining ease of use in tap-to-pay transactions, and improving convenience in contact-based transactions by eliminating the need for PIN entry.” The French bank Societe Generale is now trialing IDEMIA’s F.Code biometric payment card, the latter has announced. Featuring…
Zwipe has announced new white label fingerprint enrollment solutions aimed at enabling financial institutions to easily get their customers registered for biometric payment cards. One of the solutions is an at-home enrollment kit designed to be mailed to customers – the solution is thin enough to be mailed in a standard envelope. Once received, a…
“Zwipe further explained that together with its partners, it is ‘now entering into the phase where dual-interface biometric payment cards can be certified based on specifications defined by the leading payment networks…’” A new Zwipe executive could prove to be a powerful agent in the company’s efforts to promote its biometric card technology. Pierre Girod,…
“The increasing popularity of card payments in Asia, in conjunction with the growing preference towards biometrics, has created the perfect storm for this partnership with Hengbao, a very influential player in the Asian market.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has a big new partner in its escalating efforts to promote its biometric card…
