Category Archives: Companies

Fingerprint Cards AB Expects An Even Weaker Q1 And The Short-term Challenges To Prevail In Q2

By | March 21, 2017

Press releaseMarch 21, 2017 Fingerprint Cards AB expects an even weaker Q1 and the short-term challenges to prevail in Q2 As the short-term challenges are expected to continue in Q2, Fingerprint Cards AB cannot confirm its communicated guidance for revenues and profitability for full year 2017. The previously communicated guidance for 2017 revenues was estimated to amount to… Read More »

IRIS Announces Corporate Restructuring Plan

By | March 20, 2017

Malaysian identity solutions firm IRIS Corporation Berhad (IRIS) has formulated a corporate restructuring plan. In a statement, the company said the plan aims to deliver sustainable, profitable sales growth and long-term value creation for shareholders. The plan was discussed with Felda Investment Corporation (FIC), which is holding 21.33% shares in IRIS, and the Felda Board at the request of its chairman,… Read More »

Source One Direct Closing Jacksonville Center, Affecting 170 jobs

By | March 17, 2017

By Karen Brune Mathis, Managing Editor Source One Direct Inc. confirmed Friday it will close its Jacksonville credit and debit card personalization facility in Flagler Center, affecting 170 jobs. The company filed a Worker Adjustment and Retraining Notification notice with the state that it would lay off those finance jobs between May 1 and Dec. 31. “In a… Read More »

Annual General Meeting of Shareholders – May 18, 2017

By | March 16, 2017

Gemalto’s 2017 Annual General Meeting of Shareholders will be held at: the Sheraton Amsterdam Airport Hotel & Conference Center Schiphol Boulevard 101, 1118 BG, Schiphol Airport, the Netherlands at 2:00 p.m. CET on Thursday, May 18, 2017​​​ On March 16, 2017 (the date of the notice for the AGM), the total issued share capital of Gemalto N.V. amounted… Read More »

Identification Systems Group (ISG) Member Dealers Received Certification Training from Secure Technology Alliance

By | March 16, 2017

Many customers are transitioning from older card technologies to smart card technology. To maintain our strength in providing identification and security solutions, ISG member dealers completed certification training on smart card technology. SHAWNEE, KS (PRWEB) MARCH 16, 2017 Identification Systems Group (ISG), the nationwide network of local identification system integrators, is pleased to announce that its member dealers… Read More »

OPTAGLIO Transforms to a Joint-Stock Company to Accelerate its Growth

By | March 15, 2017

PRESS RELEASE (Lochovice – March 15, 2017) – OPTAGLIO, a provider of advanced security holograms and the global market leader in e-beam lithography, today announced it transformation into a joint-stock company. This change is to support the company’s further growth, attracting investment and possibly also a future entrance of a stock exchange. OPTAGLIO was founded in 1994 as… Read More »

Infineon invests S$105 million in Smart Factory

By | March 14, 2017

SINGAPORE: German semiconductor Infineon Technologies will invest S$105 million over the next five years into building a Smart Factory at its Singapore manufacturing facility. This is part of Infineon’s push to implement what it calls a Smart Enterprise Programme, encompassing horizontal, vertical and digital integration. For instance, it has introduced robots like automated guided vehicles, to facilitate the… Read More »

Citigroup Sells APAC Customer Portfolio for Merchant Acquiring to Wirecard

By | March 13, 2017

Wirecard AG announced today to purchase the customer portfolio of Citi’s merchant acquiring business in 11 markets in Asia Pacific (APAC). The purchase includes the entire customers for merchant acquiring services in Singapore, Hong Kong, Macau, Malaysia, Taiwan, Indonesia, Philippines, Thailand, India, Australia and New Zealand.  The portfolio comprises a long-standing and reputable client base of more than… Read More »

Entry Into the US Market: Wirecard Completes Acquisition of Citi Prepaid Card Services

By | March 9, 2017

Wirecard has today successfully completed the acquisition of the business of Citi Prepaid Card Services previously announced by Wirecard on 29 June 2016. Wirecard, a leading global group of companies in the area of payment processing and card issuing, can now boast more than 100 new employees in Conshohocken, Pennsylvania and an additional 20 employees in various international… Read More »

Smart Card Alliance Becomes Secure Technology Alliance as the Organization Expands Its Mission to Include a Broader View of Security Technologies

By | March 8, 2017

Princeton Junction, N.J., March 8, 2017 – The Smart Card Alliance, known for propelling the adoption of smart card technology as the global standard for payment, identity, access and mobile application security, announced today it is expanding its charter to include a broader range of security and privacy-enhancing technologies. To reflect this expanded mission, the Smart Card Alliance… Read More »

STMicroelectronics Announces Filing of its 2016 Annual Report Form 20-F

By | March 3, 2017

Geneva, March 3, 2017 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it has filed its Annual Report on Form 20-F for the year ended December 31, 2016 with the United States Securities and Exchange Commission (SEC) on March 3, 2017. The Company’s Form 20-F and complete audited… Read More »

Gemalto Full Year 2016 Results

By | March 3, 2017

Full year revenue of €3.13 billion with an acceleration in fourth quarter revenue growth Platforms & Services revenue exceeded €1 billion, a year ahead of the current multi-year development plan Company gross margin increased by +155 basis points, to 40.5% Profit from operations grew to €453 million with strong free cash flow of €318 million, leading to net… Read More »

CPI Card Group Inc. Reports Fourth Quarter and Full Year 2016 Results

By | March 1, 2017

March 01, 2017 Download this Press Release Q4 Net Sales of $67.4 million, Full Year 2016 Net Sales of $308.7 million Full Year Net Income from Continuing Operations of $5.4 million, or $0.10 per share Full Year Adjusted Net Income of $15.7 million, or $0.28 per share Full Year Cash Flow from Operations of $60.0 million Full Year… Read More »

MoreRFID Is Recruiting Plastic Smart card Distributors for its Growing Global Market

By | March 1, 2017

(MENAFN Editorial) Online PR News 08-February-2017 Xiamen MoreRFID Technologies Ltd., the leading manufacturer and supplier of RFID & NFC smart cards, is recruiting distributors across the globe. This recruitment process shall begin from February, 06 2017 and it will continue for the next six months. MoreRFID aims to create a long-term relationship with its smart card distributors where… Read More »

Continued Progress On Dual Interface Biometric Payment Card Highlight Zwipe’s Q4 Update

By | February 28, 2017

OSLO, NORWAY– 28 February 2017, –Zwipe shared 2016 fourth quarter business highlights this week as part of its investor presentation hosted by Carnegie Norway, a prominent Nordic investment bank. Zwipe has continued to make progress on testing, product expansion and market development in all three product verticals, Payment, Access Control and ID solutions. With a focus on preparing… Read More »

The J P Morgan Chase & Co Analysts Give Infineon Technologies AG (IFXA) a €18.00 Price Target

By | February 26, 2017

  J P Morgan Chase & Co set a €18.00 ($19.35) target price on Infineon Technologies AG (ETR:IFXA) in a report released on Monday morning. The firm currently has a buy rating on the stock. Other equities research analysts also recently issued research reports about the stock. Credit Suisse Group set a €17.50 ($18.82) target price on shares… Read More »

Safran: 2016 annual results

By | February 24, 2017

Objectives met or exceeded, further operational progress in 2016 Smooth entry into service of LEAP, transition on track Strategic milestones: closing of launcher JV with Airbus, ongoing sale of Security activities and planned acquisition of Zodiac Aerospace 2017-20 Financial ambition re-affirmed   Paris, February 24, 2017  All figures in this press release represent adjusted[1] data and continuing operations,… Read More »

IDEX ASA – Fourth Quarter and Preliminary Year-End 2016 Results

By | February 23, 2017

February 23, 2017 2016 marked the definitive commercial breakthrough for IDEX, a leading developer of advanced fingerprint solutions for mass markets. The company recorded revenues of NOK 38.6 million in 2016, up from NOK 0.3 million in 2015. In the fourth quarter of 2016, the revenues amounted to NOK 12.5 million, up from 0.2 million in the corresponding… Read More »