Liquid launches payment service using fingerprint authentication in Indonesia

Japanese firm Liquid Inc. has launched a payment service using fingerprint authentication in Indonesia. According to a report in the Bangkok Post, the joint venture with Indonesian conglomerate Salim Group is aiming for several hundred thousand users, with plans to offer the payment service to the Salim Group’s workforce of around 500,000. “We are looking forward to developing the next generation payment and business platform in Indonesia, which will contribute to changing people’s lifestyle and have a big business impact

Suprema to showcase mobile fingerprint authentication algorithm BioSign 2.0 at MWC

Suprema will showcase mobile fingerprint authentication algorithm BioSign 2.0 at Mobile World Congress 2017. According to a company statement, the BioSign 2.0 algorithm employs Suprema’s latest artificial intelligence technology to learn the user’s habits and conditions continuously, delivering matching speed up to twice as fast as the top competitor’s solution while outpacing competitors in terms of accuracy (FRR) and level of security (FAR). BioSign 2.0 performs matching speed of 50ms with high-end APs and 100ms with low-end APs while maintaining

AMGtime unveils latest biometric time and attendance solution

AMGtime recently unveiled the Elionic biometric kiosk, an Android-based touch-screen tablet with fingerprint reader that works right out of the box, is Wi-Fi enabled and web ready and connects with AMGtime’s client-server or cloud service time and attendance system. According to a company statement, the Elionic’s screen is adaptable and customizable to each company’s configuration. Administrators can makes changes to the configurations of the Elionic with updates automatically installing on the device. Employees clock-in and out via fingerprint, proximity badge/ID

Bahrain fintech firm appoints new CEO to drive biometric payment solution

Bahrain fintech solutions provider Eazy Financial Services B.S.C. has appointed Mr. Khaled Abdulkarim Al Ahli as its CEO to help drive adoption of its about-to-be-launched biometric payment network. According to a company statement, the patented fingerprint-based payment solution is the region’s first to use biometric data, rather than cash and cards, to enable users to perform everyday financial transactions. “This revolutionary financial technology is the first of its kind to combine the security of biometrics with the speed and convenience

Port of Virginia testing biometric access control features

The Port of Virginia has revealed that its IT and operations teams have been testing existing biometric-based access control features present in the individual gate lanes at Norfolk International Terminals (NIT) main truck interchange. NIT is the port’s 567-acre facility in Norfolk. After a driver swipes their Transportation Worker Identification Credential (TWIC) card, a biometric reader illuminates, indicating the need to place a finger on the scanner. A successful fingerprint scan will lift the gate arm, granting access to the

UN to adopt fingerprint recognition-based employee ID cards

The United Nations International Computing Center (UNICC) has launched the One UN Smart Card project – which plans to adopt fingerprint recognition-based ID cards for employees and affiliates at UN headquarters – via the UN Global Marketplace (UNGM), according to a report by Business Korea. Initially proposed in 2012, the project will develop and distribute ID cards to enable all UN employees working at its headquarters as well as its 37 affiliated organizations to access their computers and enter the

Health management organization to pilot biometrics-secured mobile medication dispenser

Next month, Intent Solutions‘ biometrics-secured pill dispensation device, TAD, will be used in a pilot project by MAP Health Management (MAP) to track how patients with a substance abuse disorder, served by MAP’s patient engagement technology, comply with medication protocols. TAD (Take as Directed) is built around a portable dispenser containing a disposable vial filled with medication attached to a reusable electronic device. The device is designed to be pre-programmed with the prescribed regimen and patient biometrics. The device notifies

Emirates NBD adds digital signatures for authentication, fingerprint-enabled bank app

Emirates NBD has introduced a biometric signature option for customers, as well as launched a new fingerprint-secured banking app aimed at millennial customers, according to a report by CPI Financial. The UAE bank has implemented instant digital transactions via tablets with biometric digital signature capabilities. The system identifies customers through their Emirates Identity Authority Cards (EIDA), which contains their fingerprint biometrics data, enabling the branch staff to automatically update their personal information such as EIDA, passport, visa, FATCA, trade licence

Veridium presenting its mobile banking solution at FinovateEurope

Veridium CEO James Stickland will be demonstrating the company’s proprietary biometrics technology, 4 Finger TouchlessID, as part of its mobile banking solution at FinovateEurope 2017 in London next week. The company’s end-to-end, biometrics-based authentication solution for the enterprise, VeridiumID, gives customers the ability to log on quickly and securely using their biometrics, while banks and financial institutions can reduce the risk of fraudulent transactions and reduce the costs associated with resetting passwords. FinovateEurope gives financial institutions, fintech companies, and industry

Extended licensing agreement guarantees almost $2M US for Precise Biometrics

Precise Biometrics has entered into an extended software license and distribution agreement with an existing sensor customer that guarantees minimum total license revenues of 17.5 million SEK ($1.98M USD) during 2017 and 2018 for the use of Precise BioMatch Mobile. Precise BioMatch Mobile is a patented hybrid algorithm solution optimized for small fingerprint sensors and platforms with limited processing power and memory space. The extended licensing agreement includes a fee of 17.5 million SEK for a set number of licenses