A new post on the IDEX Biometrics blog details some of the benefits (and drawbacks) of different kinds of fingerprint sensors. The post specifically compares the smaller sensors often found in smartphones to the wider sensors recommended for biometric payment cards. The biggest difference is the relative accuracy of different models. A wider sensor is…
FinTech and wearables are the dominant topics in this week’s roundup of Mobile ID World’s most popular stories. The former is understandable, given that this week saw one of the most important events in the financial services industry – Money20/20 Europe. This provided lots of opportunities for discussion of one of the biggest emerging trends…
The latest episode of The FindBiometrics & Mobile ID World Podcast – which dives deep into the topic of biometric payment cards – comes to you live from Money20/20 Europe in Amsterdam. As financial services and payments continue to influence the evolution and public perception of biometrics, one area of innovation has emerged as particularly…
“[ABCorp] will work with NEXT Biometrics to develop biometric cards, the latter’s key focus area as the fingerprint-scanning payment card market begins to take shape.” NEXT Biometrics has attained another major new partner in its biometric cards efforts: The company has teamed up with ABCorp. Headquartered in Connecticut, ABCorp is involved in the design and…
“The demand for biometric smart cards is growing thanks to their increased security and convenience for end users. Therefore, it is critical for card manufacturers that the biometric solutions are compatible with the secure element in the card, known as the EMV chip.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has secured another Asia-based…
“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…
“We are pleased to welcome Derek to our team, where he will have an immediate impact through his experienced leadership of our financial organization. He joins us at an ideal time as we prepare the company for commercial success.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has found its new Chief Financial Officer: Derek…
NEXT Biometrics CEO Ritu Favre will step down from the position on July 28th, the company has announced. The decision appears to be a personal one on the part of Favre, who has opted to pursue another professional position with an as-yet-unnamed US company. In announcing her planned departure, NEXT Biometrics asserted that the move…
There was a wide range of news this week on Mobile ID World, and the latest roundup of our top stories exemplifies that. Nevertheless, a careful look at this week’s top five articles can discern at least one important trend: Digital identity is an increasingly important focus area across a number of industries. This is…
“The market for biometric smart cards is gaining considerable momentum. Our biometric sensors are ready for mass deployment in smart cards and we are delighted to be working in partnership with Sian to help achieve this.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has found another Asia-based partner in its biometric payment cards efforts.…
ABI Research is charting a strong ascent for EMV payment card issuance, with emerging biometric card technology playing an important role. The market research firm says it expects EMV payment card issuance to rise from 3.18 billion this year to over 3.75 billion by 2023, with several factors propelling that growth. These include contactless migration,…
Unikeys is now accepting pre-sales for its physical cryptocurrency wallet. Dubbed the UKey, the biometric card allows shoppers to pay for goods and services using cryptocurrencies just as they would with an ordinary debit or credit card, with a built-in fingerprint sensor to authenticate transactions. The card itself is being manufactured through a partnership…
“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…
“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…
The emerging biometric payment cards market remains an area of intense focus for a number of fingerprint sensor specialists, FinTech stakeholders, and banks. Fingerprint-scanning payment cards are expected to be the next big wave in the world of financial services, enabling highly secure contactless transactions by authenticating cardholders as they tap to pay at a…
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,…
“The biometric smart card market is gathering momentum and to accelerate their mass adoption it is important to ensure interoperability between all elements of the transaction value chain.” – Stan Swearingen, CEO, IDEX Biometrics IDEX and Chutian Dragon, a China-based card manufacturer that teamed up with the company last autumn, have added a third partner…
Fingerprint Cards technology is being used in two new laptops, the company has announced. The Chromebook 714 and the Chromebook 715, both targeted primarily at the enterprise market, each feature an FPC1145 fingerprint sensor for user authentication. Each device’s fingerprint sensor is featured just under the keyboard. They also support Intel Celeron, Pentium, Core i3…
