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. Thursday was the 30th anniversary of the Great Market Crash of 1987 when the Dow registered its largest single-day decline ever. Markets sold off sharply the day before the anniversary, as well as Thursday morning.

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

Samsung Galaxy Note8 features Princeton Identity iris biometrics technology

Princeton Identity revealed that its iris recognition technology is one of the core features of the Samsung Galaxy Note8. This follows the integration of the identity management company’s iris recognition technology into the Samsung Galaxy S8 earlier this year. “The future is here,” commented Mark Clifton, CEO, Princeton Identity. “Biometric tech is changing the way we interact with devices and we’re moving toward a world where you are the password. We’re excited that Samsung shares this vision and are proud

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. -Gemalto N.V. reported earnings this week. Management blamed weak demand in the U.S. and a slowdown in its removable-SIM card market for the non-stellar results (goodwill on the SIM business was written down, registered this

Suprema fingerprint solutions integrated in Samsung smartphones, IdentaZone matching system

Suprema announced that its BioSign mobile fingerprint authentication algorithm has been included in Samsung Galaxy J5 2017 and Galaxy A7 (for SK Telecom) smartphone models. Partnering with Taiwan-based sensor provider Egis Technology, Suprema provides its integrated solution to global smartphone manufacturers. Introduced in February at Mobile World Congress in Barcelona, BioSign 2.0 features the latest AI technology, supports small fingerprint sensors and delivers robust authentication performance over time and environment. BioSign 2.0 offers flexibility in integration by supporting different shapes

Bank of America to pilot Samsung iris recognition for mobile banking

Bank of America will soon launch a pilot program in which it will use Samsung’s iris biometric authentication technology to allow mobile banking clients to log in to the app by taking a photo of their eye, according to a report by American Banker. The pilot is part of an overall initiative to assess customers’ interest for a range of biometric authentication technologies, according to Michelle Moore, head of digital banking at Bank of America. “One thing we know we

This week in biometrics industry stocks

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 at the end of each week for a rundown of the financial news and interesting ideas from the week that was. Biometrics companies continue to report second quarter earnings this week. Some impressive results were trotted out as the sector continues to grow and evolve. -Melbourne, Florida-based technology firm NXT-ID hosted a

TSB Bank to add iris recognition to mobile app

TSB Bank will introduce iris recognition capabilities to its mobile banking app starting this September, enabling customers to login to their bank account by simply glancing at their device, according to a report by the BBC. As a result, TSB will become the first bank in Europe to offer the technology. Customers will need the latest Samsung Galaxy S8 device and register their irises to use the feature. The banking mobile app currently enables TSB customers to log on to

Why are under-display fingerprint sensors the next goal in biometrics?

This is a guest post by Kayla Matthews, a biometrics and technology writer. The race to create an effective under-display fingerprint sensor that can also be economically mass-produced is on. But what’s the big deal? Why do so many companies in the biometrics industry want to get in on this new technology? Screens Take Over Smartphone fingerprint scanners that can be used to verify identity and unlock a phone, authorize a purchase or start a download are now common. However,

Samsung’s under-the-screen fingerprint sensor may cause brightness issues

Samsung may be experiencing problems related to the integration of optical fingerprint readers into mobile display panels in that they tend to cause brightness imbalance issues, according to an Android Headlines report citing an industry insider. The rumor comes a couple months after sources from Samsung and industry insiders acknowledged that Samsung’s facial recognition is not ready for mobile payments. The concept render provided by the source reveals that Samsung may have run into challenges in balancing the brightness of