Suprema recognized as key player in security industry

Biometrics and ID solutions firm Suprema has been recognized as one of the top 50 largest security companies in A&S’s 2016 Security 50 rankings. In this year’s rankings, Suprema moved up in its ranking from 34th to 31st with its 2015 annual revenue of US$52.1 million. Since 2011, Suprema has been ranked in Security 50 for 6 consecutive years and is the only dedicated biometrics company in 2016 rankings. Suprema ranked 6th in Access Control rankings after multi-nationals including Assa

FPC releases ultra-thin touch fingerprint sensors for smartcards

Fingerprint Cards (FPC) has launched a new series of fingerprint touch sensors designed specifically to be integrated into smart cards. The FPC1300 series is the company’s first offering which enables fingerprint touch sensors to be integrated into applications where the thinness of the sensor is essential, such as smart cards. Fingerprint Cards has a go to market plan for this segment and has several strategic partners, some of which have been showcased to the markets recently and, according to a

Biosite secures £4 million of growth capital

UK-based Biosite has secured £4 million ($5.9M USD) of growth capital from Mobeus Equity Partners. Biosite offers biometric access control and software-based workforce management solutions to facilitate safe and secure sites for the construction sector. Biosite was founded in 2010 and is led by Managing Director Dr Li Wang and Research Director Dr Greg Reynolds. Its fingerprint algorithm solution works with low grade fingerprints, a feature of the construction industry, to provide access control for workers coming on site. Biosite

Precise Biometrics fingerprint recognition algorithm solution in new smartphone

Precise Biometrics’ algorithm solution for fingerprint recognition in mobile devices, Precise BioMatch Mobile, has been deployed in a recently launched smartphone from an unnamed Chinese vendor through cooperation with Chipone. Precise BioMatch Mobile is a patented hybrid algorithm solution optimized for small fingerprint sensors and platforms with limited processing power and memory space. Precise Biometrics entered into an agreement with Chipone earlier this year for licensing of Precise BioMatch Mobile. At the time, JinFang Zhang, CEO at Chipone commented: “The

DERMALOG showcasing ‘world’s fastest’ AFIS at TRUSTECH

German biometrics provider Dermalog has released the next generation of its Automated Fingerprint Identification System (AFIS) this week at TRUSTECH and, according to a company statement, test body SGS-TÜV Saar has confirmed that the software reliably allows the processing of almost one billion matches per second. The world record for fingerprint matching is now 914,959,533 in one second per standard blade server. DERMALOG founder and managing director Günther Mull: “As the speed of fingerprint matching increases, maintaining accuracy is a

Neurotechnology releases FingerCell 3.0 SDK for fingerprint recognition solutions

Neurotechnology has released FingerCell 3.0, a software development kit (SDK) for fingerprint recognition solutions that run on low-power, low-memory microcontrollers. According to a company statement, FingerCell can extract a fingerprint template using less than 128KB of memory, enabling it to be used in compact devices that have limited on-board resources, such as: mobile phones, fingerprint door locks, access control panels, time and attendance systems, handheld payment and point-of-sale terminals. It can also be used in various logon subsystems and small

NSF awards grant for research to speed up biometrics data processing

The National Science Foundation has awarded a three-year grant to a team from Clarkson University researching computer engineering to deal with the heavy workloads demanded by biometrics. In a Tuesday announcement, Clarkson University said the grant will be used to acquire a heterogeneous high-performance computing cluster for use by a four-member research team. “Our project is a small-scale super computer with a lot of horsepower for computation ability,” said research team leader Chen Liu. “It has many servers, interconnected to

Veridium provides biometric authentication solution for Dutch mobile bank

Dutch mobile-only bank bunq has partnered with Veridium to enhance its customers mobile banking security through VeridiumID and its hand recognition software, 4 Fingers TouchlessID (4 Fingers). According to a company statement, by capturing all four fingerprints at once, 4 Fingers has a higher level of precision and reliability for authentication than other biometrics such as face, voice or a single fingerprint. Ali Niknam, CEO and Founder of bunq commented, “Our commitment to giving people control over their money again

The new Redmi 4 features Fingerprint Cards’ touch sensor

It was announced today that the new Redmi 4, standard and enhanced versions, features Fingerprint Cards’ touch sensor FPC1035. Just last week it was revealed that the new Huawei Mate 9 mobile device features fingerprint touch sensor FPC1025. Previously reported, a Chinese firm approached Fingerprint Cards (FPC) this summer about a potential acquisition that is likely to increase FPC’s current market value of SEK 33 billion (US$3.87 billion), according to a Betaville report that cites three sources familiar to the

Precise Biometrics appoints Göran Thuresson CFO

Precise Biometrics has appointed Göran Thuresson as CFO and member of the management team, effective November 9. Thuresson replaces Tommy Nilsson who will remain in the organization during a transition period. Nilsson resigned in September, citing personal reasons. “Göran is most welcome to Precise Biometrics and the management team. I´m convinced that his valuable experience will contribute to the development of the company and strengthen our operational focus further”, commented Håkan Persson, CEO of Precise Biometrics. Göran Thuresson has years