Industry News

Industry News2018-03-01T13:21:30+00:00
910, 2018

NEXT Biometrics and MTRIX Demonstrate Advantages Of New Biometric Software Development Platform at ITSA Trade Show

October 9th, 2018|Tags: , , , , , |

NUREMBERG, October 9, 2018 – NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, and MTRIX GmbH, a leading German distributor of authentication solutions, are demonstrating NEXT’s advanced biometric software development platform here this week at the IT Security Expo and Congress (ITSA). The NEXT One Touch Power Software Development Kit (SDK) works with a broad set of platforms and tools for developing leading-edge authentication systems and is already generating positive reactions from industry partners. The NEXT One Touch Power SDK

410, 2018

NY Regional Bank Selects BIO-key Biometric Authentication to Comply with New York State Department of Financial Services Cybersecurity Law

October 4th, 2018|Tags: , , , , , , , |

WALL, N.J., Oct. 04, 2018 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of biometric authentication and security solutions, today announced a regional bank serving customers throughout Long Island and neighboring New York City boroughs, has selected BIO-key to provide an integrated multifactor biometric sign-in solution for use by its employees accessing computer devices and connected applications. The BIO-key solutions are intended to ensure compliance with the multi-factor authentication (MFA) requirements of the New York State Department of Financial Services Cybersecurity Requirements for Financial Services

2409, 2018

Yubico Launches YubiKey 5 Series, the Industry’s First Multi-Protocol Security Keys Supporting FIDO2

September 24th, 2018|Tags: , , , , , , , , , , , , |

PALO ALTO, CA and STOCKHOLM, SWEDEN – September 24, 2018 – Yubico, the leading provider of hardware authentication security keys, today announced the launch of the YubiKey 5 Series, the industry’s first multi-protocol security keys supporting FIDO2/WebAuthn. With this new addition, the YubiKey 5 Series has the capability to replace weak password-based authentication with strong hardware-based authentication. Yubico continues to create authentication technologies that not only work for today’s authentication scenarios, but into tomorrow’s, helping to bridge the gap from existing solutions to a future of

2009, 2018

SmartMetric To Release World First Combined Cyber Security And Access ID Biometric Card

September 20th, 2018|Tags: , , , , |

NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) - SmartMetric is on-track to complete production of its world first dual purpose cyber-security and access ID biometric card at the end of September. The new dual purpose security card is based on the advanced super micro electronic parts and circuitry developed by SmartMetric for its range of contact and contact/contactless chip credit/debit cards.  Instead of using a banking smart card chip the Cyber/Access biometric card uses a secure FIPS approved smartcard chip

1709, 2018

Entrust Datacard and Blackboard Partner to Enhance the ID Card Issuance Process

September 17th, 2018|Tags: , , , |

WASHINGTON, D.C. and MINNEAPOLIS (September 17, 2018) – Blackboard, a global leader in education technology, and Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, today announced the launch of the Datacard® TruCredential Blackboard edition software suite – an easy solution for creating, issuing and managing student IDs and credentials. This new integration between Datacard TruCredential and the Blackboard Transaction System empowers institutions to meet a wide range of application requirements, from basic photo IDs to high-assurance credentials. With the browser-based

1309, 2018

Roskam’s Bipartisan Anti-Fraud Bill Passes House that Recommends the use of Smart Cards

September 13th, 2018|Tags: , , |

Washington, D.C. – Today the House passed H.R. 6690 the Fighting Fraud to Protect Care for Seniors Act. This legislation, introduced by Representative Peter Roskam (R-IL) and Representative Earl Blumenauer (D-OR), creates a pilot program to test the use of smart card technology in the Medicare Program, reducing fraud. Rep. Sandy Levin (D-MI), who also spoke in support of the bill, remarked, “You’ve been working on this a long time, working with Mr. Blumenauer, and I think your efforts to strive for some bipartisanship has

1209, 2018

House Passes Two Bipartisan Dingell Bills to Improve Medicare

September 12th, 2018|Tags: , , |

WASHINGTON, DC – The House of Representatives passed two bipartisan bills by Congresswoman Debbie Dingell (MI-12) to improve Medicare so seniors have better access to the healthcare they need. “Every American has a right to quality, affordable healthcare and for millions of seniors their care comes through Medicare,” said Dingell. “We have to always keep looking forward and finding new ways to improve Medicare, make it more efficient, and close gaps in care. These two bipartisan bills now passed by the House will make it easier for

709, 2018

Visa: Chip Cards Reduce Counterfeit Fraud At U.S. Merchants By 75 Percent

September 7th, 2018|Tags: , , , , , |

Data released by Visa on Wednesday (Aug. 29) showed that counterfeit fraud ticked down at U.S. merchants by 75 percent from September 2015 to March 2018 as more storefronts started accepting chip cards. To that end, Visa said that, as of its latest “Visa Chip Card Update,” as many as 67 percent of storefronts in the United States now accept chip cards. The company further elaborated that counterfeit fraud dollars at all U.S. merchants slipped 46 percent. Looking at the Visa chip card count out in the field, June’s number

709, 2018

U.S. EMV Merchant Locations Grew by 400,000 in 2018’s First Half, Visa Data Show

September 7th, 2018|Tags: , , , , , |

Approximately 400,000 U.S. merchant locations began accepting EMV chip cards in 2018’s first six months, according to new data from Visa Inc. In its latest report on the U.S. conversion from magnetic-stripe payment cards to the EMV standard, Visa on Wednesday said 3.1 million merchant locations accepted the new cards in June. That compares with 2.7 million merchant locations last December and only 392,000 in September 2015, according to an earlier Visa report. Some 67% of U.S. storefronts are now accepting chip cards, Visa

2908, 2018

IDEMIA taps Fingerprints for Japan’s first biometric payment card trial

August 29th, 2018|Tags: , , , , , |

World-leading biometrics company, Fingerprint Cards (Fingerprints™) today announces a collaboration with IDEMIA, the global leader in Augmented Identity, on Japan's first biometric payment card trial, a key milestone in the roll-out of biometric payment cards. Utilizing Fingerprints' sensor technology, the pilot will run on Japan's leading payment network, taking the region one step closer to commercial roll-out of biometric payment cards. "Japan is renowned for early adoption and, with this initiative, it is once again leading the way in launching the latest digital payment

2408, 2018

Entrust Datacard Raises the Bar for Zero Factor Authentication

August 24th, 2018|Tags: , , , , |

MINNEAPOLIS—(August 24, 2018)—Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, today announced new, innovative capabilities for the company’s Mobile Smart Credential solution — including Bluetooth functionality which provides automated login and logout support across platforms including Apple MAC, Windows and virtual desktops. With ultra-secure PKI credentials at its core, employee authentication can guard against some of the most advanced cyber threats, without sacrificing the user experience — enabled by the mobile device. As more employees struggle with the increasing

2308, 2018

Identiv Launches Its First Certificate-Based PKI Credential for Microsoft® Minidriver

August 23rd, 2018|Tags: , , , , , , , , , |

FREMONT, Calif., August 23, 2018 — Identiv, Inc. (Nasdaq: INVE) today announced the latest addition to its high-security credential portfolio, uTrust MD Smart Cards. Providing a comprehensive solution for converged physical and logical access control, Identiv’s uTrust MD Smart Card is the company’s first, comprehensive certificate-based public key infrastructure (PKI) credential for Microsoft Minidriver environments. uTrust MD Smart Cards provide out-of-the-box, standards-compliant support for computer security applications. Fully compatible with Microsoft’s Smart Card Base CSP — a cryptographic service provider integrated into the Microsoft Windows operating system —

1608, 2018

Two-Factor Authentication Market 2018 Global Industry Size, Share, Top Leaders, Historical Analysis, Business Strategy and Industry Segments Poised For Strong Growth In Future 2023

August 16th, 2018|Tags: , , , , , , , |

Thursday, August 16th 2018, 8:41 am EDT “Market Research Future” Market Research Future published a research report on “Global Two-Factor Authentication Market Research Report- Forecast 2023” Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Market Scenario: Two Factor Authentication, also known as 2FA, two step verifications. The emerging trends of market dynamics, industry structure and developments, market share assessments for the regional and country level segments, the Two-Factor Authentication Market is derived by the increase in volume of online transactions, high level

1408, 2018

Entrust Datacard Receives Patent for Innovative Card Personalization Process

August 14th, 2018|Tags: , , , , |

MINNEAPOLIS—(Aug. 14, 2018)—Entrust Datacard, a leading provider of trusted identity and secure transaction technology solutions, today announced that the company was awarded U.S. Patent No. 10,049,320 (“Card Printing Mechanism with Card Return Path”) on Aug. 14, 2018. This newly patented technology facilitates duplex card printing without the need for a second card printing mechanism, which reduces the cost and footprint of card personalization systems. With nearly 50 years of innovation in identity security and quality assurance, and several patents currently pending directed towards drop-on-demand

208, 2018

WISeKey and China Bridge Capital Establish Joint Venture in Zhuhai

August 2nd, 2018|Tags: , , , , , , , |

Geneva/New York/Beijing - August 2, 2018 - WISeKey International Holding Ltd ("WISeKey", SIX: WIHN, OTCQX: WIKYY), a leading cybersecurity and IoT company and China Bridge Capital International, a division of China Bridge Capital (CBC) a leading investor in global disruptive technology company, are in the process of executing their agreement, signed in April 2018, to form a Joint Venture with the name WISeKey China in Zhuhai. The WISeKey China Joint Venture will be funded by China Bridge Capital's disruptive fund, as well as other

3007, 2018

Smart Card Market to Grow at 8.7% CAGR by 2023

July 30th, 2018|Tags: , , , , |

PUNE, India, July 30, 2018  - adds Smart Card Market is forecast to reach USD 21.57 billion by 2023 from USD 14.22 billion in 2018, at a CAGR of 8.7% during 2018 and 2023 driven by increasing use of online payment methods enabling consumers to make secure and reliable payments. In line with this, the use of contactless smart cards has gained remarkable consideration as electronic payment methods are rapidly replacing cash and carry operations. Browse 68 Market Data Tables and 42 Figures spread through 144 Pages and