Trustonic, Fingerprint Cards to secure FIDO Ready biometric authentication on smart devices

Trustonic and Fingerprint Cards AB announced they have partnered to secure FIDO Ready secure biometric authentication on mobile devices, such as smartphones and tablets. The partnership centers on FPCs touch fingerprint sensors (FPC1020, FPC1021 and FPC1150) and sensor driver software that are developed to take advantage of Trustonic

EyeVerify raises $6 million from Wells Fargo, Sprint and Qihoo 360

EyeVerify Inc. today announced the completion of its Series A equity funding round. The San Francisco-based firm, which develops patented biometric technology that eliminates passwords on mobile devices, raised US$6 million. The funding will enable EyeVerify to drive mass adoption of its biometric technology directly and through key channel partners within the financial services, enterprise mobility, mobile security, telecom, healthcare and government markets. EyeVerify will receive this funding from Qihoo 360, Wells Fargo, and Sprint, as well as from its

SmartMetric embeds Cortex processor into fingerprint activated card

SmartMetric announced it has added a Cortex processor to its biometric controlled credit, debit and identity cards, which improves the speed of fingerprint processing and boosts power in undergoing a range of added processing functions. In the press release, SmartMetric said the new Cortex embedded-fingerprint activated card not only incorporates a “powerful” fingerprint scanner for biometric activation but is backed by enough processing power to add new services on the card itself for both security and user applications. “This is

Top biometrics news stories, week of August 17

Biometrics Week in Review: Technoglobal acquisition strategy, biometrics for prison management, mobile commerce opportunities, biometrics in banking, South African borders, mass surveillance tested in Boston, US terrorism database, a voice biometrics patent and a special report on mobile biometric authentication. Here’s a recap of most popular and noteworthy biometrics news stories that appeared on BiometricUpdate.com this past week. Fingerprint recognition provider Technoglobal adopts accretive M&A strategy – Technoglobal Inc., a leading Japanese provider of fingerprint authentication technology, is seeking to

Intel, 50 Cent collaborate on biometric headphones that measure heart activity

SMS Audio, the audio headphone and accessories brand owned by 50 Cent, is set to announce its new line of biometric headphones based on Intel’s health monitoring technology, according to a report by Gizmodo. The entertainer told the WSJ earlier this week that SMS Audio has partnered with a major tech firm to launch a new product later this week. According to unnamed sources cited in the Gizmodo report, BioSport In-Ear is a biometric earbud based on Intel’s prototype health

Intel, Michael J. Fox developing smartwatch app to help Parkinson’s patients

The Michael J. Fox Foundation (MJFF) and Intel Corporation announced they are partnering to gather and analyze biometric data from smartwatch devices worn by Parkinson’s patients. The project is designed to help those individuals with Parkinson’s more effectively manage the disease and develop research that will lead to better treatments and, potentially, a cure. “The answers are within us. We just need to find a way to let people into our brains both literally and figuratively to help us figure

Sensory releases updated version of voice recognition solution

Sensory announced it has released an updated version of its TrulyHandsfree Voice Control on its NLP-5x single chip solution, improving accuracy by up to 50% and lowering power consumption by 65% when compared to previous versions. The always-on, always-listening voice control solution for consumer electronics has been used in over 500 million products from a wide range of manufacturers, including Motorola, Samsung, Intel, LG, Partech, Hallmark, and TomTom. With a rapid response time and significantly low power consumption, TrulyHandsfree trigger

Special Report: Mobile Biometric Authentication

Biometric Update Special Reports provides analysis and competitive industry intelligence for the global biometrics industry including market size, multiple industry segments, venture capital and other business opportunities, along with in-depth profiles on the best emerging companies and solutions. This report by Biometrics Research Group, Inc. examines how the total market for mobile biometrics will increase due to smartphone growth along with the drive for password supplantation. This report also outlines the increasing use of mobile biometrics for financial services and

Wearables startup ATHOS closes $12.2m financing

Wearable startup ATHOS announced it has closed $12.2 million in Series B financing, led by venture capital firm DCM,, which brings its total to $16 million since it launched in 2012. The funding round also included additional investments from True Ventures, managing partner and chairman of the Golden State Warriors Joe Lacob, NBA All-Star Jermaine O’Neal and existing investor, The Social+Capital Partnership. As part of the deal, DCM general partner Pete Moran and Lacob have joined the board of directors

Coinsetter adds biometric security measure to multifactor authentication platform

Coinsetter, a virtual currency exchange, announced it has added a new advanced security measure for its multifactor authentication platform, LaunchKey for Coinsetter. Coinsetter recently partnered with LaunchKey to launch a comprehensive solution which enables users to pair LaunchKey with their Coinsetter account, implementing a minimum of seven authentication factors to confirm their identity before any user can successfully log into their account. Now, Coinsetter has added biometric facial recognition and biometric fingerprint scanning to the LaunchKey for Coinsetter functionality in