IDEX showcasing its biometric solutions at Money20/20

IDEX ASA will be demonstrating its flexible fingerprint sensor for contactless biometric cards at Money20/20 next week. The company recently expanded its sensor solution by launching an ultra-compact matcher algorithm optimized for biometric cards. IDEX card solutions include biometric modules and sensors suitable for both contact based and contactless card applications. Last month, IDEX revealed that several new card integrators in Asia Pacific are sampling its polymer smartcard sensors for access control and government ID applications.

IDEX demonstrates contactless fingerprint sensor for card applications

IDEX is now demonstrating its flexible, low power fingerprint sensor suitable for all contactless cards applications operating with standard NFC terminals. The move follows IDEX’s launch earlier this year of its low power, low cost ASIC specifically designed for contactless biometric card applications. Soon after the release of the ASIC, IDEX released a new flexible fingerprint sensor incorporating this new ASIC. IDEX has begun sampling this new sensor for both contact and contactless card applications after actively demonstrating the sensor

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. On Tuesday Google held a showcase to introduce its latest hardware. The company hopes to create a space for its products in the burgeoning ‘home IoT’ sector. Among the devices is a tiny camera, the

Biometric luggage padlock combines BIO-key engineering and IDEX fingerprint sensor

BIO-key’s new TouchLock TSA luggage padlock combines BIO-key engineering and a fingerprint sensor from IDEX. The heavy-duty travel lock, approved by the U.S. Transportation Security Administration for use at all airports and on cruises, is being featured this week at Tax Free World Association’s TFWA World Exhibition and Conference for the duty-free and travel retail industry by BIO-key partner, the Travel Retail Distribution Group. Users simply place their fingerprint on the fingerprint sensor to open the lock. Up to 20

Card integrators in Asia Pacific sampling IDEX biometric modules and sensors

IDEX revealed that several new card integrators in Asia Pacific are sampling its polymer smartcard sensors for access control and government ID applications. “Deployment of biometric authentication solutions for smart cards is accelerating globally, and we are receiving strong interest for our sensors from a range of large-scale end-customers and ecosystem partners,” explained Dr. Hemant Mardia. “Card integrators are giving consistent feedback that our sensors are uniquely ready for card mass production. Our priority is driving leadership in multiple large

Biometrics industry stocks this week

As the biometrics industry continues to grow Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. -Technology stocks have been the big story in North American markets this year. The so-called FANG stocks (Facebook, Applie, Netflix and Google) have gained solidly over the year. But the tech shares that have really

IDEX tells investors mobile, IoT, biometrics market has ‘billion unit potential’

IDEX ASA made a pitch to investors and analysts at the DNB Nordic Telecom, Media and Technology (TMT) Conference in Oslo. In his presentation, IDEX CFO Henrik Knudtzon discussed opportunities in the mobile, Internet of Things, and biometric smartcards market, which he claimed offers a combined “billion unit potential”. The company’s focus on the emerging biometric smartcard market was also discussed in IDEX’s recent quarterly report, hinting that it could soon fulfill significant market potential. IDEX highlighted the quality and

Biometrics industry stocks this week

As the biometrics industry continues to grow Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. -In the months after the American election markets boomed as investors assumed a Republican administration would be good for Wall Street. Many thought he would cut taxes and promote business friendly policies. But now the

Biometrics industry stocks this week

As the biometrics industry continues to grow Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. -BIO-key International has been having a good summer. Shares were trading as low as $2.09 this past May. But the stock has advanced to trade above $3.40 this week. To celebrate BIO-key executives had the

IDEX issues financial results for H1 2017, reports $1.5M in revenues

IDEX ASA has issued its interim report for the first half of 2017 which reveals revenues of NOK 4.7 million (US$590,000 million) in Q2 2017 and NOK 11.5 million (US$1.5 million) in H1 2017. In the corresponding periods of 2016, the company reported NOK 14.1 million (US$1.9 million) and NOK 17.7 million (US$2.2 million), respectively. During H1 2017, IDEX has launched some notable technology innovations, as well as making significant commercial progress on its biometric card programs. The company launched