NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that it is partnering with M-Tech Innovations Ltd. (“M-Tech”) to develop and deploy biometric smart card solutions. The collaboration targets contact-based and dual interface biometric smart card solutions to address current and evolving banking card standards. It comprises NEXT`s sensor technology that is successfully being used in millions of devices in various industry segments worldwide.
M-Tech is an accredited and certified RuPay, MasterCard and VISA card manufacturer and one of the largest smart card producers in India. In addition to the company`s strong foothold in the banking sector, M-Tech`s solutions are also used in government, access control, high-security and many more applications in India and beyond.
“We are very pleased to announce the collaboration with M-Tech and the strong growth potential that this partnership offers. As outlined at the January 2019 Business Update, we are in the process of building a sustainable network with leading players in the smart card ecosystem to commercialize biometric dual interface technology in the banking sector and beyond,” said Alain Faburel, NEXT Biometrics Chief Sales and Marketing Officer.
“NEXT`s flexible sensor technology offers proven high security and accuracy levels. This is particularly important for the high standards demanded in the payment sector and paramount for a secure and consistently positive user experience. The partnership with NEXT underlines our commitment to highest quality standards and continuous innovation,” said Vijay M. Gandhi, Chairman & Managing Director of M-Tech Innovations Ltd.
SOURCE NEXT Biometrics
Aluf Holdings, Inc. Forms New Board, Commits To Pioneering Biometrics And Blockchain Technologies
Aluf Holdings has named a new Board of Directors to guide the company into its next generation of development, articulated a core concentration on biometrics and blockchain technologies, and identified an initial market focus in aviation, health care and government. The company has also completed their preclosing process for finalizing its major acquisition in the Biometric space.
“Biometrics is disruptive, transformative, and revolutionary,” says Ben Zandi, incoming Vice Chairman of Aluf’s new Board of Directors. “When you combine the power and portability of these ultra-identification technologies with zero knowledge storage, encryption, privacy, security and trust available through blockchain, you have a solution that is game-changing. We’re going to be the ones that bring that to market.”
The new Aluf Board features highly-accomplished visionaries who bring with them extensive experience in technology development and growth to guide acquisitions, reshape infrastructure, and propel them into the future.
“Our Board represents the top of the food chain in aviation, private equity, communications, artificial intelligence, biometrics and blockchain technologies,” says Donald Bennett, Chairman of the Board. “We are now in a strong position, backed by deep experience, to leverage our expertise for optimum shareholder value.”
“We are proud and excited to have these accomplished and dedicated individuals as members of our Board of Directors,” says Teresa McWilliams, Interim CEO. “In addition to their contributions to our technology success we can finally begin the launch of other long-term investor relations goals such as up-listing from Pinksheet to NASDAQ or better and completing a Registration Statement.”
In addition to Mr. Bennett and Mr. Zandi, President and CEO of Fraport USA, the Aluf Board includes Teresa McWilliams, Interim President and CEO and Chief Financial Officer of Aluf, and Directors Philip Elias, President, CEO of Elias-Savion Advertising and VELOCITY World Media; Dany Bouchedid, Founder and CEO of COLOTRAQ; Lisa Marks-Canty, CEO, ChainNinja; Andrew Moore, CEO of CogxVision; Sanjay Chopra, co-Founder and CEO of Cognistx; Blaine Frederick, Co-Founder and Principal of BDIS; Benjamin Richter, Founder and CEO of Bradford Airport Logistics and Bradford Swissport Logistics; and Gary Morse, Founder, President and Chief Cybersecurity Consultant for Razorpoint Security Technologies, Inc.
SOURCE Aluf Holdings, Inc.
Crypto Hardware Wallet D’CENT announces Wallet & Development updates for iOS
Internet of Things security expert team from IoTrust Co., Ltd, located in Seoul, Korea has announced support for iOS version of mobile App for the company’s D’CENT hardware wallet. The product, featured with biometric authentication was first revealed late last year at Blockchain Expo in Bangkok and LaBitConf 2018 in Chile.
The company’s wallet app works via Bluetooth with the D’CENT hardware wallet, now available for both Android and iOS which allows users to conveniently manage their crypto assets from mobile phones.
D’CENT supports multiple cryptocurrencies such as Bitcoin, RSK, RRC-20, Ethereum, ERC-20, Ripple, EOS and more coin services are being integrated.
Most notably, D’CENT is the world’s first hardware wallet to integrate Bitcoin smart contracts running on RSK network to support wallet capability for DApp platforms utilizing RRC-20 tokens such as RIF and TEMCO.
Henry Sraigman, Head of Business Development from RSK, quotes “We’re thrilled to have D’CENT integrated with RSK & RIF. It’s awesome to see sound projects working on top of RSK network with the speed the team has worked on the integration and the dedication they’ve put into the design and UI. We look forward to seeing many more projects using both RSK tech and D’CENT hardware wallet.”
The creators behind D’CENT hardware wallet are from IT and financial industry with more than 17 years of experience in security solutions. The wallet device is built on multi-IC architecture with secure chipsets embedding Secure OS for additional layer of encrypted protection. Additional security features are built-in fingerprint sensor for secure authentication to unlock the device and a large OLED display makes transactions a whole lot clearer and easier with full details shown at once.
Convenient features are 4 way directional buttons which allow faster operation and accurate user input. Also, the hardware wallet is able to create QR code on its display and users can simply present it to the sender for fast Peer to Peer transaction without any connection to the wallet app.
The team behind D’CENT has successfully secured 2 billion won from institutional investment by “Korea Investment Partners” (KIP), the foremost leading venture capital of Korea for recognition in D’CENT’s unique security platform and competitive advantages in hardware wallet technology.
NEXT Biometrics Sensors Selected for Secure Display Panel Solution
NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that the Company`s One Touch Access 100 fingerprint sensor module has been selected by Prima Technology Inc. for integration in its high-quality display panel solutions.
NEXT has shipped initial volumes of its One Touch Access 100 fingerprint sensor module which are currently being integrated and tested for use in Prima Technology`s display solutions for the educational market in North America.
“One Touch Access 100 combines the proven security of our large area fingerprint sensor technology with robustness for use in varying environmental conditions,” said Ritu Favre, CEO of NEXT Biometrics. “We are very pleased to collaborate with Prima Technology on this innovative use of our technology. As outlined at the January 2019 Business Update, we are in the process of expanding our presence in the access control market through broadening of our distributor network and increased sales efforts of our team.”
“The seamless hardware integration of NEXT`s One Touch Access 100 fingerprint sensor into our design and the convenient and intuitive operation are pivotal for us,” said Jack Wu, CTO of Prima Technology Inc.
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SOURCE NEXT Biometrics
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