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Fingerprints Surpasses 1.5 Billion-sensor Milestone as Biometric Adoption in New Areas Accelerates

Fingerprints Surpasses 1.5 Billion-sensor Milestone as Biometric Adoption in New Areas Accelerates | Fintech Finance

World-leading biometrics company, Fingerprint Cards AB (Fingerprints) has experienced growing demand for its biometric authentication solutions, with over 1.5 billion sensors shipped worldwide since 2014. Fingerprints was a pioneer in biometric solutions for Android smartphones before beginning a program of strategic diversification into the PC, access control and payments markets. In November 2021, Fingerprints formed two subsidiaries to further enhance our strategic and financial opportunities in our core mobile, PC, payments and access markets.

Diverse use cases driving biometric adoption

“Technological innovation continues to open up new opportunities for smarter, more connected living. The societal shifts of the last few years have also placed greater focus on privacy, security, stronger authentication and even hygiene,” comments Neil Mawston, Executive Director Devices at Strategy Analytics. “It has never been clearer that we cannot continue to rely on PINs and passwords so it makes sense that Fingerprint Cards’ broadening biometric solution set is seeing swifter adoption. Any technology that can increase security without impacting convenience can be a cornerstone of our smart workplaces, homes, payments and more.”

Fingerprints´ diverse portfolio is now seeing growing adoption to bring trust to a range of different devices and use cases:

  • Mobile – Fingerprints was responsible for the first Android fingerprint touch sensor integration in 2014. Its sensors are now integrated into more than 600 smart phone models, globally. This figure has doubled in 3 years.
  • Access control – Physical and logical access control solutions are also integrating biometric technology and Fingerprints is already the leading biometric supplier to door lock manufacturers.
  • PC – Fingerprints’ biometric solutions are now integrated into more than 40 different laptop models (PC and Chromebooks) from leading manufacturers including Dell, Honor, Huawei, Lenovo and Xiaomi. 4 of the world’s top 6 PC manufacturers now use Fingerprints technology. Fingerprints’ biometric PC solution was recently added to Microsoft’s approved vendor list (AVL) for Windows Hello Enhanced Sign-in Security. This means that the company can now effectively address the entire PC market: Enterprise PCs as well as consumer PCs.
  • Payments – biometric payment cards are taking off with 8 commercial launches globally, using Fingerprints’ technology, from banks including BNP Paribas, Crédit Agricole, and BBVA Mexico. The latest generation T-Shape sensor module delivers increased image quality and transaction speed, as well as even higher energy efficiency. It recently achieved compliance with Mastercard’s updated security requirements for fingerprint sensors, easing integration and deployment for manufacturers and banks.

Enabling a trusted digital society

“It is gratifying to see the results of our diversification work,” comments Christian Fredrikson, CEO of Fingerprint Cards. “We have done a huge amount of work to ready ourselves for broader adoption of biometrics and the market is now increasingly recognizing the value biometrics can offer to consumers and businesses. This is testament to our continued innovation and product development. And with every new market and use case, our total addressable market grows. There’s still work to be done, but with privacy, security, convenience and hygiene top of the agenda, biometrics have a big role to play in the future of our digital society.”

Visit our website and blog to learn how biometrics is bringing trust to our daily lives.

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