Standard Chartered Bank deployment of biometric technology expected to reach 5 million clients

Standard Chartered Bank will be deploying fingerprint and voice biometrics technology across Asia, Africa and the Middle East, according to a report in FinTech Innovation. The roll-out is expected to reach 5 million clients in 15 markets across Asia, Africa and the Middle East enabling them to access the bank’s mobile banking services on both iOS and Android devices with fingerprint sensors rather than an ID and password. Clients will be access their bank account balances, cards and investments using

Fingerprint sensor firm Egistec enjoying strong orders

Egis Technology (Egistec) chairman and CEO Steve Ro says the company expects to enjoy strong fingerprint sensor orders through the end of 2016 and is looking to break into the supply chain of China’s brand handset vendors in the fourth quarter. According to a report by Digitimes, Egistec reported net losses of US$2.72 million on consolidated revenues of US$16.5 million for 2015. The company decided not to distribute any dividend for 2015. Ro said that Egistec is set to post

Citigroup rolling out voice recognition for retail customers in Asia

According to a report by Bloomberg, Citigroup Inc will be the first major bank in Asia to bring voice recognition technology to its retail customers and plans to have at least one million clients in Asia using the technology within the next 12 months Citigroup will roll out the voice recognition technology in Singapore first, followed by Australia, Hong Kong, India and Taiwan over the next few months. Anand Selvakesari, Citigroup’s Singapore-based consumer banking head for Asia Pacific, said that

Asia Pacific among the fastest growing markets for FIDO authentication

The FIDO Alliance announced today that more than 150 products are now FIDO Certified, up 50 percent in just one quarter. “Fifty percent growth in certified products in just three months is further evidence that the FIDO specifications are increasingly accepted as the new standard for strong authentication technology,” said Brett McDowell, executive director of the FIDO Alliance. “You can see from the companies listed in today’s announcement that the Asia Pacific region is one of the fastest growing markets

Biometrics Institute Asia-Pacific Conference

Biometrics Institute Asia-Pacific Conference May 25 to 26, 2016 Sydney, Australia The leading forum for biometric users The Biometrics Institute is proud to present its 2016 Biometrics Institute Asia-Pacific Conference, its flagship event and gathering place for the Institute’s regional membership base. Now in its 16th year, the Asia-Pacific Conference continues to bring together biometric users from key government agencies, commercial organisations and technology providers to share ideas, discuss the opportunities biometrics offer and implementation challenges. Whether your objectives are

Japanese finger vein biometrics firm expands into Hong Kong

Japanese biometrics firm T4U is opening a Hong Kong office as it expands the use of its finger vein identification technology beyond its home market, according to a report by South China Morning Post (SCMP). T4U is developing the technology for use in financial institutions. It captures a user’s finger vein profile by passing light from infrared LEDs through the finger. “Fingerprints and irises are on the outside of the body, but veins are inside the body … so using

Precise Biometrics strengthens local presence in Asia; signs license agreement with Chipone

Precise Biometrics has entered into an agreement with Chipone for licensing of Precise Biometrics’ algorithm solution for fingerprint recognition in mobile devices, Precise BioMatch Mobile. Precise BioMatch Mobile is a patented algorithm solution for secure fingerprint recognition on smartphones and tablets and is optimized for small fingerprint sensors and platforms with limited processing power and memory space. “The cooperation with Precise Biometrics secures that we can provide a competitive total solution for fingerprint recognition,” says JinFang Zhang, CEO at Chipone.

Integrated Biometrics adds new Director of Sales for Asia Pacific

Fingerprint technology firm Integrated Biometrics has announced the addition of Alex Tan to its team as Director of Sales for Asia Pacific. Tan will be responsible for increasing interest in the company’s strong product portfolio in Asian Pacific countries. His role enables him to be the chief evangelist for the company throughout the region. “The adoption of biometric solutions in Asia has been pervasive,” said Tan. “Besides wide use in border control and immigration checkpoints, the issuance of National ID

Malaysia’s Deputy PM wants standardized biometrics screening for ASEAN borders

All ASEAN (Association of Southeast Asian Nations) countries should have a standardized security screening system for people who enter their respective entry points, according to a report by The New Straits Times Online. Deputy Prime Minister of Malaysia, Dr Ahmad Zahid Hamidi said the standardized system should use biometrics such as fingerprints and facial recognition for identity verification. “ASEAN countries should have its own template in border security screening with the use of uniformed documents,” said Zahid. “This should be

Daon supports next-generation biometric border control system in Asia

Daon announced its contributing role in extending a biometric border control system in an unnamed developing country in Asia. In 2007, a Japanese global system integrator first integrated Daon biometric software to make it the first multimodal biometric middleware put into production for border control in a developing country in Asia. In 2014, the same systems integrator upgraded the system to the Next Generation Biometric Identification System using the Daon end-to-end biometric software suite. At the time of upgrade, the