January 28, 2013 -
Fingerprint Cards (FPC) has announced that its technology has been selected by a financial information services provider to use in its product range of biometric authentication devices for the financial market.
Specifically, the company says its FPC1080A fingerprint sensor is the particular technology to be used in the project for authenticating users to access financial market data and real time trade data. The unnamed company is aiming to increase the performance of existing and next-generation fingerprint-enabled devices.
“We are extremely proud and excited at being selected as supplier of fingerprint technology to this global leader in financial information services and for its range of biometric authentication devices, Johan Carlström, President and CEO of FPC said. Since the financial market is FPC’s core vertical market, it is strategically important. Based on our successful experience in the Chinese financial market, we have been able to win this break-through deal in the very important US market. We opened up our North American office as late as November 2012 and we have already seen success from this investment. We are confident that we will announce several more design wins in North America during 2013.”
BiometricUpdate.com has reported on many of Fingerprint Cards recent design wins and expansions in the market. The Sweden-based company markets, develops and produces biometric components and technologies that verify identity and has seen great interest from smartphone and tablet manufacturers lately.
As reported previously, FPC announced its first design win for tablets earlier this month for its FPC 1080A swipe sensor from an unnamed Chinese design house. In December, the company announced its third design win for the same sensor for use in smartphones.
Following news that the company opened its first sales and support office in Tokyo, the company’s share price rose to its highest level in more than five years.