Biometrics for access control, fingerprint technology, payments and facial recognition trending this week

Here is a recap of the most popular biometrics industry news that appeared on this past week. Payments Mastercard reports that Dutch participants of the first worldwide pilot by MasterCard and International Card Services (ICS) embraced the biometrics-based payment technology. 95 percent of the fingerprint users and 80 percent of the facial recognition users indicated that shopping became more convenient using biometric authentication. 75 percent of users were convinced that biometrics-based payments will decrease fraud. Nymi collaborated with NXP

FocalTech chair discusses revenue expectations, fingerprint sensors

FocalTech Systems is looking to post a double-digit revenue increase in 2016, according to company chairman Genda Hu. In a report in Digitimes, Hu attributes a dip in revenues for the first quarter of 2016 to seasonal factors and the impact on shipments due to the earthquake that hit southern Taiwan in early February. Hu also said that the company expects to achieve a 20% gross margin in 2016 thanks to the increasing number of shipments of integrated driver controllers,

FocalTech licenses Precise Biometrics’ mobile fingerprint recognition solution

Precise Biometrics has entered an agreement with FocalTech Systems Co Ltd for licensing of Precise Biometrics’ product for fingerprint recognition, Precise BioMatch Mobile. Precise BioMatch Mobile can seamlessly integrate fingerprint matching functionality in smartphones and tablets, while being optimized for small touch sensors in mobile environments through the company’s patented hybrid algorithm. The software quickly, accurately, and securely verifies the user’s identity, ensuring a seamless user experience for consumers when unlocking their mobile device or authenticating to services, as well