Category Archives: Companies

Zwipe and Allcard Inc. announce battery-less biometric payment card partnership

By | November 15, 2018

MANILA, PHILIPPINES – 15 NOVEMBER 2018 – Biometric technology company, Zwipe along with the leading payment card manufacturer in the Philippines, Allcard Inc., have partnered to launch battery-less dual-interface biometric payment cards with customers in the region. Allcard is the only end-to-end card solutions provider in the Philippines with a wholly-owned local card production facility and is also a Mastercard and… Read More »

Gemalto Earns Accolades from Frost & Sullivan for Innovation-led Growth in Digital Banking and Identity Verification Solutions Markets

By | November 12, 2018

SANTA CLARA, Calif., Nov. 12, 2018 /PRNewswire/ — Based on recent analysis of the global digital banking market and the identity verification and authentication solution market, Frost & Sullivan recognizes Gemalto with two 2018 Global Company of the Year Awards. The company safeguards a range of end users from identity theft and data breaches using technologies such as biometric software, government ID document… Read More »

STMicroelectronics Announces Status of Common Share Repurchase Program

By | November 12, 2018

AMSTERDAM – November 12, 2018 — STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.… Read More »

Exercise of Incentive Subscription Rights in IDEX

By | November 8, 2018

The board of directors of IDEX ASA resolved on 8 November 2018 to issue 1,631,250 new shares to employees who have exercised subscription rights which were granted in 2014 under the company’s incentive subscription rights plans at the various grant dates. The weighted average exercise price per share is NOK 4.38. Following the issue of the new shares,… Read More »

IDEX ASA – Third quarter 2018 report

By | November 8, 2018

Oslo, Norway – 8 November 2018 – IDEX ASA, the leading provider of advanced fingerprint identification and authentication solutions, has made significant progress in commercializing biometric smart cards in the third quarter. The company commenced shipment in fulfillment of the production order announced in September for sensors incorporated into biometric enabled payment cards. In addition to anticipated follow-on orders… Read More »

Mandatory Notice of Trade in IDEX – Incentive Subscription Rights

By | November 7, 2018

On 7 November 2018, Sarah Mathews, Sr. Director of HR in IDEX ASA, was granted 30,100 incentive subscription rights under the company’s 2018 incentive subscription rights plan. The exercise price of the subscription rights is NOK 5.12 per share. 25 per cent of the subscription rights vest per year and the subscription rights expire on 9 May 2023.… Read More »

Invitation to IDEX’s Presentation and Webcast of the Results for the Third Quarter of 2018

By | November 6, 2018

IDEX ASA will release its interim report for the first nine months of 2018 on Thursday 8 November 2018. The company will host a presentation at the Vika Atrium Conference Centre in Oslo at 09:00 CET. Management will be represented by CEO Stan Swearingen and CFO Henrik Knudtzon. The presentation will be broadcasted live and the link to… Read More »

STMicroelectronics Announces Launch of Share Buy-back Program

By | November 5, 2018

AMSTERDAM – November 5, 2018 — STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the launch of a share buy-back program of up to $750 million to be executed within a 3 year period (subject to shareholder and other approvals from time to time) following the publication… Read More »

Precise Biometrics plans to re-organize operations to improve customer service and enable growth in new areas of use

By | November 5, 2018

Precise Biometrics plans to re-structure the organization to enable improved customer service and increased focus on solutions that unite various biometric modalities. As part of this planned re-organization, the company will establish a new office in Shanghai during the first half of 2019 and intends to centralize operations in Sweden to the headquarter in Lund, closing the office… Read More »

Entrust Datacard Named Employer of Excellence

By | November 4, 2018

MINNEAPOLIS—(Oct. 4, 2018)—Entrust Datacard, a leading provider of trusted identity and issuance technology solutions, today announced that the company has been named a 2018 Employer of Excellence by the Dakota-Scott Workforce Development Board. The award recognizes some of the best employers in Dakota and Scott counties and provides vital information to area companies about the practices they use… Read More »

NXP Semiconductors Reports Third Quarter 2018 Results

By | October 31, 2018

EINDHOVEN, The Netherlands, Oct. 31, 2018 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the third quarter 2018 ended September 30, 2018. “NXP delivered strong results for the third quarter of 2018, with revenue at $2.45 billion, an increase of 2 percent year-on-year, an increase of 7 percent versus the prior quarter and $20 million above the mid-point of our guidance. HPMS… Read More »

IDEX Biometrics partners with XH Smart Tech in China and receives initial order for dual-interface smart card sensors

By | October 31, 2018

Oslo, Norway, 31 October 2018: IDEX Biometrics (IDEX ASA) the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce that it has partnered with XH Smart Tech in China, the leading provider of solutions on IoT and blockchain technologies which are both data user and data centric. The objective is to deploy biometric cards and… Read More »

Fingerprint Cards AB: Interim report January – September 2018

By | October 26, 2018

Highlights of the quarter Sequential revenue growth, strong cash flow and positive net result Cost reduction program proceeding according to plan The first volume order was received for FPC1511, the fourth generation of capacitive fingerprint sensor Third quarter of 2018 Revenues totaled SEK 431.2 M (841.4), a decline of 49 percent compared with the third quarter of 2017… Read More »

Gemalto third quarter 2018 revenue

By | October 26, 2018

Amsterdam, October 26, 2018 at 12:00 AM – Gemalto (Euronext NL0000400653 – GTO), the world leader in digital security today announces its revenue for the third quarter of 2018. Philippe Vallée, Chief Executive Officer, commented: “As expected, Gemalto’s third quarter revenue was slightly lower as large programs in both the Governments and Cybersecurity businesses are being delivered in the fourth… Read More »

AdvanIDe Expanding into Russia

By | October 25, 2018

SINGAPORE, Oct. 25, 2018 /PRNewswire/ — AdvanIDe – Advanced ID Electronics – the leading independent provider of semiconductors for the smart card, IoT, NFC and RFID industry, today announced the establishment of an office in St. Petersburg, Russia. Primary focus of this new office will be business development and lead generation in new vertical markets that go beyond AdvanIDe’s current customer base in… Read More »

Identiv to Acquire Mobile Security Company Thursby Software Systems, Inc.

By | October 25, 2018

FREMONT, Calif., October 25, 2018 — Identiv, Inc. (NASDAQ: INVE), a global provider of physical security and secure identification, has entered into a definitive agreement to acquire Thursby Software Systems, Inc., an Arlington, Texas-based provider of security software for mobile devices. The acquisition is expected to strengthen Identiv’s identity offerings with complete solutions for secure and convenient logical access across smart… Read More »

Global Invacom Buys Malaysian Biometric Tech Firm For GBP200 Million

By | October 24, 2018

LONDON (Alliance News) – Global Invacom Group Ltd said Wednesday it will acquire the entire issued and paid-up share capital of Tactilis Sdn Bhd for USD200.0 million from Tactilis Pte Ltd. Malaysia-based Tactilis SB manufactures and distributes a biometric card management system, which allows for identity authentication using fingerprints, face recognition, and iris recognition. It recorded revenue of… Read More »

STMicroelectronics Reports Q3 2018 Financial Results

By | October 24, 2018

Geneva, October 24, 2018 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the third quarter ended September 29, 2018. This press release also contains non-U.S. GAAP measures (see Appendix for additional information). ST reported third quarter net revenues of $2.52 billion, gross margin of 39.8%,… Read More »

Thales and Gemalto are granted regulatory clearance from the competition commission in South Africa

By | October 16, 2018

16 October 2018 – Paris La Défense – Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the “Offer”), the publication of the Offer… Read More »

End to End 3DS Testing – UL becomes the first approved security laboratory to evaluate PCI 3DS SDK

By | October 15, 2018

Basingstoke, 15 October 2018 – UL is pleased to announce their Basingstoke-based security laboratory is the first laboratory to be approved to perform evaluations for the PCI 3DS SDK program. The PCI 3-D Secure Software Development Kit (3DS SDK) supports the EMV® 3-D Secure-SDK Specification, which defines the EMV 3DS requirements for entities developing 3DS Software Development Kits (SDK)… Read More »