FB pixel

Next Biometrics reveals USB fingerprint reader, POS deal, design win tally

 

Next Biometrics has released updates showcasing a USB fingerprint reader, two further biometric device integrations, alongside the previously announced sensor supply deal for a point of sales (POS) terminal targeting the Latin America market, plus an update on its annual design award haul.

The POS deal was announced at the end of November, with the devices created by Chinese firm SZC scheduled to be deployed by an undisclosed major bank in Latin America. An initial shipment of 5,000 sensors took place in Q4 2021, with recurrent orders expected in 2022 and 2023. No further details on the other two devices were provided, except that so far they are for smaller purchase orders.

Next Biometrics unveiled a new website design, together with a novel fingerprint Oyster III reader containing the company’s latest FAP20 biometric sensor.

The Oyster III USB fingerprint reader is meant for use with laptops, designed to provide a secure single sign-on option for individuals working either from home or the office.

Next Biometrics Oyster III Reader

The Oslo-based firm also provided an updated design awards tally. Three new wins in Q4 brought the total for 2021 to twelve, including two for its newest releases

Next grants Ulf Ritsvall 100k share options

Ulf Ritsvall has joined Next’s management team as its new Senior Vice President of Sales and Marketing. Ritsvall has received an additional 100,000 additional share options in Next Biometrics, and now holds a total of 400,000.

Ritsvall was previously the Head of Business Development at Fingerprint Cards. The executive has broad management experience in the fields of both information and communications technology and biometrics.

The granting of the additional share options was completed during the Next Biometrics Annual General meeting, held by the company’s board of directors in May 2021 which authorized the board to issue share options to management and key employees. Half of the options vest in Q3 2022, and the other half in Q3 2023, at an exercise price based on an average weighted market price over the five trading days prior to the grant, or NOK 6.65 (US$0.75).

Article Topics

 |   |   |   |   |   | 

Latest Biometrics News

 

How to explain the EUDI Wallet? Industry and citizens discuss Europe’s digital ID

The European Digital Identity (EUDI) Wallet is well on its way towards becoming a reality. To explain the major impact…

 

Decentralize face authentication for control, stronger protection: Youverse

The implementation method of biometric face authentication has become increasingly important in recent years due to the limitations of traditional…

 

Researchers develop display screens with biometric sensor capabilities

Traditional display screens like those built into smartphones require extra sensors for touch control, ambient light, and fingerprint sensing. These…

 

Meta, porn industry and Kansas governor weigh in on age verification

As Europe mulls how to restrict access to certain content for minors, Meta offers its own solution. Meanwhile, U.S. states…

 

As national U.S. data privacy law becomes more likely, critics emerge to point out flaws

The push for comprehensive privacy legislation in the U.S. is gaining momentum, as the proposed American Privacy Rights Act 2024…

 

AI surveillance robot uses facial recognition to decide who to blast with paintballs

Those pining for a life as an eccentric shut-in with robots guarding their house can rejoice at the emergence of…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read From This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events