Morpho fingerprint identification technology leads NIST 1-1 verification

Morpho announced that its fingerprint identification technology saw the highest accuracy rate for 1-1 verification in the National Institute of Standards and Technology’s (NIST) latest Proprietary Fingerprint Template Evaluation (PFT II). The biometrics technology firm, along with its U.S. subsidiary MorphoTrak, beat out a dozen other vendors in the test, whose results NIST released on March 18. PFT II is the second phase of an ongoing program that calculates the overall performance of fingerprint matching software in 1-1 verification, which

Fewer than half of insurers use biometrics for cyber security: NY State financial services

The New York State Department of Financial Services published a new report that found that fewer than half of insurance providers surveyed said they use biometric solutions for cyber security, according to a report by Released as part of this month’s “Report on Cyber Security in the Insurance Sector”, New York’s financial services department surveyed 43 companies including 31 health and life insurance providers and 12 property and casualty insurance providers. The report found that 58% of insurers have

Fingerprint Cards AB and Atmel Corporation become strategic partners

Fingerprint Cards AB and Atmel Corporation have entered into a strategic partnership to jointly develop combined capacitive touchscreens and touch fingerprint area sensor technology for smart devices. The joint solution offered by both companies will aim to accelerate an OEM’s time-to-market by offering must-have high-performance security and user interface solutions. “In order to bring more security to mobile devices, device manufacturers are adopting fingerprint sensing technologies to offer consumers an improved user experience,” said Jorgen Lantto, acting President and CEO

Alipay to enable iPhone 5s users in China to make online payments via fingerprint authentication

Chinese online payment solution firm Alipay announced it will enable Chinese users of the iPhone 5s running iOS 8 to authenticate online payments by scanning their fingerprint, according to Mobile World Live. Alipay has already previously enabled fingerprint-based payments with the Huawei Mate 7 and Samsung Galaxy S5. So far, only the iPhone 5 is reported to enable Alipay payments, with no mention of whether other Apple devices that feature the Touch ID sensor will also have the same capability.

Nearly 200,000 Aadhaar cards stuck in post

Nearly 200,000 Aadhaar cards and smart cards have been piling up across post offices in the region surrounding the western port city Kochi in India. The Postal Department says a shortage of staff is the main cause for backlog, and has been affecting the region for at least three months, according to a report by New Indian Express. The unavailability of Smart Cards has prevented those living in coastal areas including Palluruthy, Chittoor, Kannammali, Kumbalangi, Vypeen and Udayamperoor from accessing

Medbox acquires 50% partnership stake in MedVend

Medbox has announced that it will acquire a 50% partnership stake in MedVend, LLC, a Michigan based bio-tech company that has developed a patented automated medicine dispensing machine used for traditional prescription pharmaceutical dispensing. This deal has involved cash and a restricted stock component, totaling up to US$ 5,150,000. This amount includes a $300,000 capital infusion and additional loans if needed for operating expenses into a jointly controlled new corporation that will operate the business on a going forward basis. Besides infusion capital and

Precise Biometrics to launch Tactivo for Android this year

Precise Biometrics plans to launch its wildly popular Tactivo for Android and other mobile platforms by the end of Q2 this year. Selected partners will have prototype access in May and a mobile toolkit for Android will also be release to app developers during the spring. To expedite this broadening of Precise’s mobile product range, the company has entered into a strategic partnership with Sony Mobile’s consultancy unit in Lund, Sweden. Tactivo is a smart card and fingerprint sensor, originally designed for

Biometric registry for Ayurvedic, Unani doctors in India

Indian Chief minister Jagadish Shettar has recently announced an online biometric registry system for all Ayurvedic and Unani doctors, in an attempt to curb unlicensed medical practice. Reported in the Deccan Herald, this registration system is a Karnataka Ayurveda and Unani Practitioners (KAUP) Board objective. “This initiative should be extended to other forms of medicine also, which will keep the quacks at bay,” Shettar said. According to the report, the online database, which will also have a web portal, will

Fingerprint Cards receives massive order for area sensors

Fingerprint Cards has received an order worth US $3.12 million (SEK 20 M) for its FPC1011F3 area sensor from its distributor in China and Taiwan. The distributor, Hardware & Software Technologies Co. Ltd (HST) has made the order and delivery is scheduled for the second half of 2013. “The timing of this order is in line with the most optimistic forecast we provided in the financial report for the fourth quarter of 2012 and it confirms our number one position in the

Fingerprint Cards enters into placing agreement with Carnegie Investment Bank

Fingerprint Cards (FPC) has been growing at an incredible rate. In the last year, the company has made some significant moves and deals, and has now entered into a placing agreement with Carnegie Investment Bank, with regard to newly issued class B shares. FPC intends to pursue one or several new issues through this agreement, with a deviation from the current shareholders’ preferential rights, equal to a maximum of 3 million class B shares at market price. Relative to the current