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

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

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 each Friday for a rundown of the financial news and interesting ideas from the week that was. -BIO-Key International is having a good spring and summer. The company announced this week it received orders from ten healthcare organizations for fingerprint readers. The orders come from hospitals, eye care centers, medical device manufacturers,

This week in biometrics industry stocks

As the biometric industry continues to grow BiometricUpdate 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. This year of 2017 has been a banner one for technology stocks. Nasdaq is still trading near the record high of just a month ago. The so-called FANG stocks (Facebook, Apple, Netflix and Google) have outperformed

This week in biometrics industry stocks

As the biometrics industry continues to grow and expand Biometric Update is bringing a new focus to some of the stock stories in the sector. Check in with this space each week for a rundown of some of the financial news emerging out of the group of biometrics industry stocks we like to follow. – Might a new wave of government-based biometric business be about to emerge in Canada? Seems so. The trendy magazine Vice reports this week that, “For

PQI My Lockey features Synaptics fingerprint sensor

Synaptics Natural ID fingerprint sensors with integrated SentryPoint security software are featured in the newest PQI My Lockey USB dongles. Synaptics’ SentryPoint includes SecureLink which combines support for TLS protocol with ECC authentication and AES encryption, protecting data end-to-end from the fingerprint sensor to the host. Quantum Matcher technology is used for fingerprint template matching and authentication and Synaptics’ PurePrint anti-spoofing technology helps distinguish between fake and live fingers. The PQI My Lockey offers secure fingerprint authentication to Windows 10

Synaptics executive discusses importance of encrypted fingerprint sensors

Synaptics executive Godfrey Cheng discussed in a recent blog post the importance of encrypted fingerprint sensors and how using a device that does not have this component could result in the theft of your fingerprint image, which could potentially lead to the breach of all your devices. Cheng, vice president of marketing, writes that using a notebook with an unencrypted sensor makes you more vulnerable to having your fingerprint image and master-key stolen. Would-be thieves can potentially create spoofs or

Synaptics expands Natural ID portfolio with FS4600 fingerprint sensors

Synaptics has released a new Synaptics FS4600 line of Natural ID fingerprint sensors, providing high-performance, convenient and secure biometric authentication for mainstream and affordable smartphones. FS4600 fingerprint sensors support square, round, pill shape, and slim rectangular buttons for the front, back or side of mobile devices. The buttons enable OEMs to choose between three types of coatings including polymers, ceramics or glass. Other key value-added features include support for two Android soft buttons, force sensing and swipe navigation. The FS4600

Juniper Research identifies leading disruptors in mobile biometric authentication

Juniper Research released a new research report that identified G&D (Giesecke & Devrient), Gemalto and Synaptics as the leading disruptors within mobile biometric authentication. The three companies are featured prominently within Juniper’s Biometric Platform Disruptors & Challengers Quadrant, released as part of its Mobile Payment Security: Biometric Authentication & Tokenisation research. Juniper defines leading disruptors as companies who possess the capabilities to disrupt the wider mobile ecosystem through the implementation of their platforms. The research firm asserted that while the

Synaptics reports continued traction for fingerprint sensing solutions

Synaptics reported financial results for its second fiscal quarter ended December 31, 2016, which saw a net revenue of $461.3 million representing a 19 percent increase from Q1 2017 and a 2 percent decline from Q2 2016. In addition, the company’s GAAP net income for Q2 2017 increased $19.1 million from $3.7 million in Q1 2017 and decreased 35 percent from Q2 2016 to $22.8 million. Synaptics’ non-GAAP net income for Q2 2017 increased 56 percent from Q1 2017 and