IDEX is dispelling some misconceptions about cryptocurrencies after doing the same for biometric payment cards and financial inclusion. In the first entry of the company’s latest blog series, IDEX Senior Vice President David Orme argues that biometric authentication is the next logical step for cryptocurrency expansion. According to Orme, biometric technology solves one of…
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…
Romania is getting its first biometric payment system thanks to a new partnership between Wirecard and Oney Bank. The two organizations will collaborate on Well.com, a mobile app that will allow customers to use their fingerprints or a QR code to authorize payments in Auchan Retail stores throughout the country. “Payment methods are continuously improving…
“…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…
“…they’ve not only delivered support for fingerprint authentication via the Touch ID system built into older iPhones, but have also delivered a facial recognition option based on the Face ID system used for authentication in Apple’s latest iPhone models.” WhatsApp users can now take advantage of the biometric security capabilities of the iPhone, thanks to…
“Other features of the OPPO K1 include a 6.4″ Super AMOLED display, a Snapdragon 660 processor, a 25MP selfie camera, a dual 16MP and 2MP rear-facing camera system, and a 3,600mAh battery.” OPPO’s K1 smartphone will soon launch in India, further spreading the reach of in-display fingerprint sensor technology after the device’s launch in China…
Apple is looking to further enhance the user experience on its MacBook Pro and MacBook Air laptops with biometric authentication, allowing users to enable an autofill system on their Safari web browsers based on its Touch ID fingerprint scanning system. Pioneered in Apple’s iPhone devices starting with the iPhone 5S in 2013, the Touch ID…
“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…
After a lengthy parade of rumor and speculation, in-display fingerprint sensor technology finally arrived in commercial smartphones last year. It came in the wake of Apple’s launch of its Face ID facial recognition system on the iPhone X, which first marked Apple’s definitive departure away from fingerprint scanning and prompted many mobile industry observers to…
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…
More major US retailers have come onboard in supporting Apple Pay, its biometrically secured digital wallet. Apple has announced that support for its mobile payments platform will be in place at all 1,850 Target stores in the country “in the coming weeks,” according to a statement. And Apple Pay support has also been implemented at…
The Samsung Galaxy S10’s in-display fingerprint sensor is all but confirmed, thanks to newly-leaked images and discoveries in new Samsung Pay code. The latter come by way of XDA-Developers, which reports that code in the latest version of the Samsung Pay app contains “two very explicit references” to an in-display fingerprint sensor on at least…
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…
“Dubbed the “BPT800″ tablet, the handheld is designed for use in extreme environmental conditions and remote locations; and over a hundred such units are currently being used by the State Border Guard Service to identify travelers seeking to cross the border.” Integrated Biometrics technology is helping to secure the Ukrainian border. The company has revealed…
