“Precise Biometrics’ shift to multimodal biometrics, announced last autumn, has been dubbed “YOUNiQ” and will combine face, fingerprint, iris, and voice biometrics together with location data for user authentication…” Precise Biometrics is keeping focused on the future in its latest corporate update. Reporting its fiscal results for the fourth quarter of 2018, the biometric algorithm…
Fingerprint Cards (or “Fingerprints”) is hoping to make a strong first impression on end users of its biometric payment cards: The company has announced a demo enrollment concept designed to make it easy for bank customer to register their fingerprints on a new payment card as soon as they receive it. It’s essentially a cardboard…
“…we are in the process of building a sustainable network with leading players in the smart card ecosystem to commercialize biometric dual interface technology in the banking sector and beyond.” – Alain Faburel, Chief Sales and Marketing Officer, NEXT Biometrics NEXT Biometrics has another partner in the emerging biometric payment cards market: The company has…
A big new partnership should leave SmartMetric well-positioned in Europe’s emerging biometric payment cards market. The company has teamed up with ServiRed, which claims to be Spain’s biggest payment card scheme with 44 million cards in circulation and well over a million participating merchants. ServiRed is also the proprietor of the Advantis card chip operating…
“It’s beyond doubt that the market for biometric cards will ramp significantly in 2019. During the second half of 2018 a vast range of card integrators have geared up their efforts to commercialize biometric cards which will provide simple, secure and personal authentication for all. We see especially strong pull in China, and we are…
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…
Precise Biometrics has established itself as a world leader in supplying fingerprint algorithm software. The company has also proven adept at maneuvering to navigate the market changes that have ensued, from the dramatic rise of smartphone-based fingerprint sensors to that market’s saturation to the expansion to multimodal capabilities. Precise Biometrics also has a relatively new…
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…
“…independent market research has indicated that the biometric smart cards market could reach $800 million in 2022, with biometric payment cards accounting for 60 percent marketshare.” NEXT Biometrics will start sampling its dual interface biometric payment card in the first half of this year. More specifically, the company has asserted that sampling will begin “early…
Biometric payment cards are an exciting new technology that is only just starting to emerge, but as real-world trials have gotten underway, a few leaders have emerged in this space. IDEMIA, one of the biggest biometrics companies in the world, is naturally one of them. The company has teamed up with other leaders in the…
IDEX Biometrics will attend the APSCA Digital Commerce Asia Pacific event in Malaysia next week, the company has announced. The APSCA event offers an opportunity for the company to showcase its fingerprint sensor technology for dual-interface biometric payment cards to a financial services crowd, with IDEX having joined the Asia Pacific Smart Card Association last…
China’s largest bank is sticking with Gemalto for its payment cards, with the latter announcing that ICBC has awarded it a three-year contract. The agreement concerns major card brands including Amex, China UnionPay, JCB, Mastercard, and Visa. In a statement announcing the agreement, Gemalto highlighted the popularity of payment cards in China, noting that almost…
“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…
“The display can be used for a range of features including dynamic CVV to address card-not-present fraud, user-specific information such as account balance, or to provide feedback when enrolling the fingerprint.” – Stan Swearingen, CEO, IDEX Biometrics With fingerprint-scanning payment cards still in the trial phase, IDEX Biometrics appears to already be looking ahead to the…
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…
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…
Ten Middle Eastern banks are now trialing biometric payment cards featuring Zwipe technology, the company has announced. The trials commenced this week, and are the product of a collaboration with Lebanon-based FinTech solutions provider Areeba, as well as Unilux Cards and Gemalto. The cards in play are Visa payment cards, featuring a built-in fingerprint sensor…
“…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…
