FB pixel

NEXT Biometrics’ expanding portfolio with ACPL partnership

NEXT Biometrics’ expanding portfolio with ACPL partnership
 

NEXT Biometrics has also bolstered its presence in Asia, as well as South America and Africa. The company recently signed a Memorandum of Understanding (MOU) with identification systems provider Access Computech Pvt. Ltd (ACPL).

Under the agreement, NEXT Biometrics and ACPL will collaborate to create an integrated module product that integrates NEXT’s biometric technology with ACPL’s local offering. The new integrated module is targeted to be sold in government ID markets, and will be developed based on the Aadhaar and MOSIP national identity system requirements, according to the company.

“By signing this MoU and developing the new product we get access to the world’s largest biometric markets. We are bringing first of its kind technology advancement in liveness detection in a slim form factor for the Authentication industry,” says Digvijay Singh Kanwar, senior vice president and head of sales for India, US, EU, and Africa, at NEXT.

Both companies are planning for the product launch and first delivery to be executed by late 2025.

“This accelerates our entry into new markets and enable NEXT to reach higher shipment volumes in late 2025 and beyond,” continues Kanwar.

“As we also plan to sell this product to our other customers in India and world-wide, such sales will provide additional potential revenues. Hence, we believe this product alone could potentially provide NEXT with 35-90 MNOK in revenues per year, effective from 2026.”

Related Posts

Article Topics

 |   |   |   |   |   | 

Latest Biometrics News

 

Ambitious biometrics projects promise transformation, but struggle with messaging

Advances in biometrics and technologies behind digital identity are making previously unattainable goals possible. The top articles of the week…

 

ADVP, Tony Blair Institute debate UK digital ID plans: Biometric Update podcast

Two distinct sides have emerged in the debate over how to implement digital identity in the UK. One says a…

 

Neurotechnology wins UIDAI biometrics challenge for child fingerprint authentication

The latest biometrics challenge held by the Unique Identification Authority of India shows the improving viability of fingerprint matching for…

 

Hungarian IDV company acquisition attracts suspicion over alleged government ties

FaceKom, the identity verification company used by the Hungarian national digital identity program, has been acquired by major local IT…

 

Coalition of states hammers NetChoice in defense of Arkansas’ Social Media Safety Act

A new challenge in the U.S. court system cuts to the bone on the question of age assurance laws for…

 

UK gov’t plans tour to fix argument to public on national digital identity

UK government officials have admitted that the initial attempt to communicate a new policy for introducing national digital identity was…

Comments

Leave a Reply

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

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events