“It’s an important development for NEXT Biometrics, which has been keenly focused on the emerging biometric payment cards market.” NEXT Biometrics has announced that it’s working with one of the top five US payment networks to develop Biometric System-on-Card, or “BSoC”, specifications for biometric payment cards. NEXT says it has delivered technical documentation as part…
IDEX Biometrics will play an integral role in a new biometric card trial from MasterCard and Edenred Mexico. Launched in conjunction with the Mexican state of Sonora, the new pilot program will use biometric fingerprint-scanning cards to distribute state benefits as part of an ongoing effort to give more people secure access to banking services.…
“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.…
IDEX Biometrics is finally ready to share the results of its collaboration with Hengbao. The company first announced that it was partnering with the Chinese card manufacturer back in September, and has now revealed that it has provided the fingerprint sensor for a dual-interface biometric card that will be on display at the second annual…
NatWest’s and Royal Bank of Scotland’s trials of biometric payment cards have kicked off with a bang, with card supplier Gemalto and its partners having organized media launch events in London and Edinburgh. First announced in early March, the trial programs are being conducted in collaboration with Visa. The fingerprint-scanning cards themselves, provided by Gemalto,…
Fingerprint Cards technology is being used to secure a new biometric smart card from the startup BeamU. BeamU’s eponymous card, which has already gone well past its $5,000 fundraising goal in a Kickstarter campaign launched in April, has many functions. At its core, it’s a kind of biometric key, storing user credentials and allowing them…
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,…
“WizCard provides card manufacturers seamless integration of additional features into standard smart cards.” – Alain Faburel, Chief Sales and Marketing Officer, NEXT Biometrics NEXT Biometrics is teaming up with Taiwan-based WizCard to develop biometric smart card technologies, the companies have announced. The partnership will leverage each company’s respective strengths. NEXT Biometrics is, of course, a…
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…
