Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

AuthenTec wins Product of the Year

Tuesday, August 12, 2008

AuthenTec, an fingerprint scanner developer, has been awarded the medium-size company 2008 Product of the Year award from the National Society of Engineers for their fingerprint sensor targeted at the wireless market, according to an Orlando Business Journal article.

The award is not only based solely on the product but also takes into account the benefits that come from the product’s development including new jobs, economic stimulation, additions to public standards of daily life and strengthening the country’s reputation in the market.

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Mobile and network security provider AuthenTec has released the AuthenTec AE2750, a fingerprint sensor designed for use in mobile commerce applications.

The AE2750 contains many features found in smart sensor designs, such as a 192 pixel by 8 pixel fingerprint sensor array. It also offers hybrid fingerprint matching on a sensor match and host match, AES, RSA and SHA encryption block and One Time Password generation. The device can mount on smart phones, tablest and touchscreen-enabled mobile devices.

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AuthenTec announced that its Eikon Digital Privacy Manager now comes pre-configured with Symantec Validation and ID Protection Service (VIP).

The addition of Symantec VIP to Eikon fingerprint readers enable users to perform three-factor authentication via a single swipe of a finger, combining something you are with something you know and something you have – the Eikon fingerprint reader.

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AuthenTec announced the acquisition of all the assets of Proxure, which includes intellectual property and software products relating to their syncing and cloud-based storage services.

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The Bank of China and other major Chinese banks are deploying new bank terminals designed to reduce teller fraud in branch offices.

Miaxis Biometrics Co. LTD created the product by integrating AuthenTec’s TCS2 TouchChip fingerprint sensors into its Bank ID Terminals. Bank tellers will use their fingerprints to provide a unique identification marker, which will then provide a biometric audit trail of financial transactions.

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AuthenTec has announced that its AES850 smart fingerprint sensor has been integrated into a new Fujitsu smart phone, the REGZA Phone T-01D.

With AuthenTec’s AES850, the Android 2.3-based phone can be locked and unlocked via a quick scan of the user’s fingerprint. The sensor can also be used to control access to applications on the phone as well as provide greater security for NFC-enabled mobile payments.

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AuthenTec announced it has acquired Seattle-based network security solutions developer PeerSec Networks. Among the segments of PeerSec that is included in the acquisition are the Matrix line of device-embedded security solutions, which consists of the MatrixSSL, MatrixSSH and MatrixDTLS, and the team behind those solutions.

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