Category Archives: Industry News

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 »

Intesa Sanpaolo, Mastercard and Gemalto announces pilot of dual interface Biometric Payment Card in Italy

By | November 8, 2018

MILANO, November 8, 2018 – Yesterday, at the opening day of Il Salone dei Pagamenti 2018 – Payvolution, it was unveiled the first Italian pilot for a Biometric Payment Card. The announcement was made jointly by the issuing bank Intesa Sanpaolo, the payment network Mastercard and the technology supplier Gemalto. At the link below the full video of… Read More »

Infineon and NEXT Biometrics Introduce Biometric Smart Card Reference Design

By | November 8, 2018

MUNICH, Germany and OSLO, Norway – November 8, 2018 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), the global leader in smart card payment solutions and NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, have joined together to create a reference design for biometric payment cards. The reference platform incorporates all necessary elements to develop… 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 »

Zwipe announces major technological achievement – reducing card power consumption by 70%

By | November 7, 2018

OSLO, NORWAY – November 7, 2018 – Biometric technology company Zwipe is proud to announce that it has achieved a 70% reduction in power consumption as compared to its already market leading power harvesting, dual interface biometric payment card offering while simultaneously reducing cost. Speaking on this latest development, André Løvestam, CEO at Zwipe said “minimized power consumption, optimized processing capabilities… Read More »

Zwipe continues to strengthen organization in lead-up to mass market of biometric payment cards

By | November 6, 2018

OSLO, NORWAY – November 6, 2018 – Biometric technology company Zwipe is pleased to announce that Marcio Stervid has been promoted to Senior Vice President of Payments leading a recently re-organized business unit that will now include commercial, business development, product management and marketing functions. Commenting on this latest development André Løvestam, CEO of Zwipe said “To synchronize our commercial… 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 »

Italian Newspapers Announces Biometric Payment Card Pilot in Italy by Mastercard and Intesa Sanpaolo

By | November 5, 2018

Today, two major Italian newspapers, la Repubblica and Corriere della Sera, published articles on Biometric Payment Card pilot in Italy by Mastercard and Intesa Sanpaolo. Corriere della Sera titled “Per pagare basta l’impronta digitale” that translates in “Pay just with fingerprint” while la Repubblica titled “Il codice Pin sostituito da un pollice” that translates in “Pin code replaced… 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 »

New Study Finds NEXT Biometrics’ Fingerprint Sensors Outperform Others in Key Biometric Measurements

By | November 5, 2018

OSLO, Nov. 5, 2018 — NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced the results of a new study by Carlos III University of Madrid (UC3M) showing that NEXT fingerprint sensors outperform sensors from three top competitors. NEXT sensors produced significantly lower biometric error rates during extensive testing. Biometric error rates ultimately determine… 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 »

Zwipe showcases innovative fingerprint enrolment solutions for planned mass market deployment of biometric payment cards

By | November 5, 2018

OSLO, NORWAY – November 5, 2018 – Biometric technology company Zwipe introduces a comprehensive range of white label fingerprint enrolment solutions for biometric payment cards, developed and designed for use by banks and issuers. The proprietary solutions include a secure at-home biometric payment card enrolment kit that fits inside an envelope and a software suite designed for banks to use in… 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 »

JCB and WEX Partner to Issue Virtual Cards in Japan

By | November 1, 2018

TOKYO, Nov 1, 2018 – (ACN Newswire) – JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., today announced a new partnership with WEX Inc. (NYSE:WEX), an industry-leading global provider of corporate payments solutions, to enable WEX virtual payments technology in Japan. The agreement makes WEX the first B to B issuer of JCB’s virtual… Read More »

Nepali gov’t starts printing smart identity cards for citizens

By | November 1, 2018

KATHMANDU, Nov. 1 (Xinhua) — The Nepali government started printing the smart national identity cards for the first time for its citizens on Thursday, authorities said. Nepal’s Home Secretary Prem Rai officially launched the printing of national identity cards at the National Identity Card Processing Center under the Ministry of Home Affairs at Singhadurbar, the central administrative secretariat.… 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 »

NEXT Biometrics Fingerprint Sensors Selected for Three Smart Card Pilots

By | October 31, 2018

OSLO, Norway, Oct. 31, 2018 /PRNewswire/ — NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that its advanced large-area biometric sensor has been selected for three new smart card pilot projects through its cooperation with Tactilis Pte. Ltd., Singapore. A global organization has signed a letter-of-intent for the pilot projects with NEXT smart card partner… 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 »