Fingerprint Cards delivers technology update presentation

Fingerprint Cards (FPC) has delivered its ‘Technology Update’ in Stockholm, Sweden, which covered the company’s core business, capacitive sensors in smartphones, as well as updated information on new segments and technologies such as smartcards, IoT (Internet of Things) and iris. Christian Fredrikson, CEO, was joined on stage by Vivek Khandelwal, VP of product and business functions and Farzan Ghavanini, senior manager of transducer technology development. During the presentation, FPC provided an update on new applications and technologies with a focus on

FPC, Counterpoint Research reports project smartphone fingerprint growth

Fingerprint Cards (FPC) commissioned research group Kantar TNS to conduct a study on how consumers perceive biometrics, including which methods are being used, for what, and why. The fingerprint is the number one biometric used today on smartphones. According to the study, fingerprint readers are only available on 42 percent of devices but 82 percent of respondents with access to the technology use fingerprint authentication. “As a leader in biometrics, and in order to develop future solutions as well as

FPC and Precise Biometrics tech deployed in contactless payment card

Fingerprint Cards‘ FPC1300-series sensor and Precise Biometrics’ algorithm solution for fingerprint recognition in smartcards, Precise BioMatch Embedded, has been integrated in a dual interface payment card from AirPlus International. According to Fingerprint Cards, the FPC1300-series sensor excels in power consumption and is the only solution on the market today which can handle the contactless operation requirements. The dual interface payment card allows users to verify transactions both contact and contactless. The aim is to bring new innovation to corporate travelers,

Precise Biometrics releases whitepaper on spoof and liveness detection

Precise Biometrics released a new whitepaper entitled “Spoof and Liveness Detection for the Mobile Biometrics Market”, which offers an introduction to spoof and liveness detection. Among the topics covered in the whitepaper are how a fingerprints spoof is done, current anti-spoofing solutions, and the standardization efforts taken to discover ways to evaluate spoof detection. According to Precise Biometrics, mobile payments is expected to be the next “killer application for biometrics and further accelerating the adoption.” The whitepaper forecasts that the

BIO-key approved for Nasdaq listing

BIO-key International, Inc. announced that its common stock has been approved for listing on the Nasdaq Capital Market, effective with the start of trading on Tuesday, July 25, 2017. The company said its shares will continue to trade under the symbol BKYI. “Our Nasdaq listing is a significant milestone for BIO-key and our shareholders, that underscores our ramping sales momentum so far this year,” Michael DePasquale, chairman and CEO of BIO-key, said. “We continue to see growing interest in the

Integrated Biometrics names Tom McCabe as CFO

Integrated Biometrics has named Tom McCabe as the company’s chief financial officer, succeeding Jerry Zuzolo, who recently announced his retirement. “Tom has a multi-disciplined background in finance, manufacturing, information technology, and administration that perfectly complements an organization like ours,” said Stephen Thies, CEO of Integrated Biometrics. “We are thrilled to have someone of his caliber join our team, especially with the dedication and results that Jerry has delivered for us in the past. Those are big shoes to fill, and

Technavio report forecasts fingerprint market to grow 12% CAGR from 2017-2021

Technavio recently released new research that forecasts the fingerprint biometrics market will grow at a CAGR of nearly 12 percent from 2017 to 2021, driven by the growing need for secure authentication, especially in government projects. Titled ‘Global Fingerprint Biometrics Market 2017-2021’, Technavio’s analysts categorize the global fingerprint biometrics market into six major segments by end user, including government, transit, healthcare, BFSI, retail, and others. The report states that the top three revenue-generating end-user segments for the global finger biometrics

IDENTOS acquires Precise Biometrics smartcard unit: Q&A with CEO Mike Cook

Last month, IDENTOS completed its acquisition of Precise Biometrics’ mobile smartcard solutions business, which includes the business operation involving smartcard readers under the Tactivo brand. The acquisition aligns with Precise Biometrics’ strategy to further increase its focus on its fingerprint technology business and free up resources for the development and sales of fingerprint technology. Precise Biometrics said the mobile smartcard solutions business will be reported separately as a divested business operation, with net sales of SEK 13.9 million (US$1.6 million)

Innovatrics launches solution to increase probability of fingerprint matches

Innovatrics has launched the new version of Latent Editor, which simplifies the editing and enhancement of latent fingerprint images to increase the probability of a match in an AFIS (Automatic Fingerprint Identification System). The intuitive and easy-to-use Latent Editor was developed based on feedback from Innovatrics’ AFIS customers, and enables users to edit and improve latent fingerprint records in a secure, independent and interoperable environment. The smart separation tool enables users to easily separate overlapping fingerprints by tagging the relevant

Precise Biometrics divests mobile smartcard business to IDENTOS

Precise Biometrics has concluded an agreement with IDENTOS regarding the takeover of the company’s mobile smartcard solutions business area, which includes the business operation involving smartcard readers under the Tactivo brand. As a result, Precise Biometrics will further increase its focus on the fingerprint technology business area and free up resources for the development and sales of fingerprint technology. IDENTOS will take over all operations within the business area as of January 1, 2018, which includes the development of new