SANTA CLARA, USA 16 December 2016 - Zwipe was one of eleven handpicked companies invited to Intel Capital's premises to present their technologies as part of a Future of Payment Technology Day this past week.
Zwipe was represented at the event by Louis Bianchin, Director of Strategic Alliances, who held a thirty minute presentation introducing Zwipe to Intel Capital's cross-payment team covering biometrics, POS/retail and the wearables market. Others in attendance were also Intel Capital's ecosystem partners representing some of the payments industry's largest and most important players. The venture capital firms Technology Day serves as a platform from where selected companies, like Zwipe, get an introduction and opportunity to meet the vast network of decision makers that work with and for Intel.
Commenting on the event, Louis Bianchin said "initial feedback was positive and we were able to have an excellent dialogue with the Intel team. We are definitely looking forward to the follow-up in the coming months."
Operating globally with an emphasis on building technology ecosystems, Intel Capital is a stage agnostic investor, working with companies of virtually every size. Intel Capital has invested more than 11.6 Billion USD since 1991 in over 1,440 companies across 57 countries. For more information about Intel Capital, please visit www.intelcapital.com
CANNES, FRANCE 2 December 2016 - Zwipe participated in Cartes Trustech this week, one of the world's most prominent card technology and payment industry exhibitions. Senior executives from over 130 countries flocked to Cannes to participate in a week of intensive forums and discussions about some of the industry’s most pressing topics. Artificial intelligence, the future of payments, IoT connectivity, digital identification and biometrics were just some of the major burning issues reviewed. This year's event saw considerable enthusiasm for biometric technology, specifically biometric smart card applications.
Commenting on this development, Einar Boije, Zwipe's SVP of Sales and Marketing who was a speaker and panellist at the Biometrics for Authentication session at Trustech said, "It is definitely an exciting time to be in this space. From our perspective, seeing this heightened level of interest in biometric smart cards is clearly a positive signal. We remain very well positioned to maximize this interest and to adapt to the evolving opportunities that are presenting themselves in the different market segments that we operate in."
The increased interest in biometrics follows a major emerging trend this year, with a whole host of authentication applications coming to market with ranging levels of adoption. Many experts and industry insiders agree that the new wave of FinTech innovation is changing the way the payment ecosystem functions. With this emphasis on what is shaping the future of trust based technologies, Trustech was a true meeting point, with many key players and decision makers present.
"We had many excellent meetings with both existing partners and new parties that expressed an interest in working with us. It was time very wisely spent as we were able to speak intimately with some of the industry's largest and most strategically important companies. Looking forward we feel confident that we are on the right path and working with the right partners,” added Louis Bianchin, Zwipe’s Director of Strategic Alliances.
A majority of Zwipe’s entire value chain was well represented at Trustech. With very many meetings scheduled in advance of the exhibition. Summing up his experience, Einar Boije said, “we left Cannes in great spirits as we were able to confirm progress being made on both technical and commercial fronts.”
OSLO, NORWAY- 25 November 2016 - Zwipe's SVP of Sales and Marketing, Einar Boije, will be speaking at Trustech next Tuesday, November 29. Participating in the segment titled; Biometrics for Authentication: Death of the Password.
Einar's topic will center on the evolving world of biometric authentication and how the world is progressively moving away from PIN and passwords and adopting biometric solutions.
Trustech is the world's largest event dedicated to trust-based technologies, specifically payment, identification, connections and security. With over 18,000 attendees from all over the world the conference brings together key players across many industries that Zwipe is actively engaged in.
Find out more about Trustech here.
NEW YORK, USA - 18 November 2016 - Zwipe attended ISC East this week, one of the largest physical security gatherings in the United States. With over 225 exhibitors featuring some of the industries largest and most respected brands, ISC East provides an excellent venue to see the latest trends in the physical security industry.
Commenting on the event, Bob Fee, Zwipe's Director of Sales, North America "ISC East saw excellent attendance this year. Interest is high on finding new solutions such as Zwipe, focusing on higher level authentication for daily physical access applications." Adding "We met with many existing partners in the region and were able to introduce our Zwipe Access solution to a host of new potential customers and solutions providers."
Zwipe is slated to participate in many large events like ISC East, over the next few months ,with a focus on promoting and selling Zwipe Access and Zwipe ID solutions.
For more information about ISC East, please visit www.isceast.com
OSLO, NORWAY– 14 November 2016, – biometric tech company Zwipe is pleased to announce the appointment of its newest board member, Jörgen Lantto.
Lantto was most recently the CEO of Fingerprint Cards AB, a Swedish high-tech company that designs and manufactures biometric system solutions. Before that he also served as the company’s CTO and head of strategy and product management. During his tenure, Fingerprint Cards grew from a small company to one of the largest companies on the Stockholm Stock Exchange, taking a strong position in the global market. Prior to Fingerprint Cards, he held a range of senior executive positions at global ICT company Ericsson.
Jörgen Lantto commenting on the appointment “the decision to join Zwipe’s board is rooted in my belief of Zwipe’s technology allowing fingerprint recognition without batteries or fixed power supply. Seeing first-hand the commercial opportunities that exist for Zwipe in the biometrics market, I very much look forward to supporting the company through its next phase of development.”
“Zwipe is a biometric tech company that is focused on developing and commercializing secure, fast and easy to use biometric authentication solutions in three key areas; payments, access control and government ID. Jörgen led Fingerprint Cards during a period of strong growth as the company’s CEO. I expect that he will add experience, competence and energy to the Zwipe board and be a strong support to the management team going forward,” says Clas Thelin, chairman of the board of Zwipe, and adding “his expansive mindset and network within the industry will certainly bring value to Zwipe as it commercializes it core platform of products.”
Lantto joins the board with immediate effect. The board now consists of the following members:
NOTE TO EDITORS: A downloadable press kit can be found at zwipe.com or by clicking here.
Zwipe PR Contact: Ado Fazlic, Zwipe, +47 930 44 040, email@example.com
OSLO, NORWAY; 09 November 2016 - Zwipe's CEO, Kim Humborstad will participate in a panel discussion tomorrow, November 10, at the DN (Dagens næringsliv) Fintech Conference. Dagens Næringsliv, is Norway's most widely circulated financial daily. The event will bring together some of the best and brightest minds in Nordic fintech with topics focused on mobile payments, security and consumer privacy. The panel discussion will be held from 10:00-11:00.
The way the financial ecosystem is shifting is a result of regulation and innovation. With representatives expected from all the major financial institutions, this venue will look to bring to the table honest discussions on how the varied players in the market can cooperate more effectively. Industry gatherings like this one represent a movement that seeks to promote cooperation across the entire value chain while creating links that can lead to tangible actions in the future.
November 10, 2016
DN Fintech Conference, will be held at Gamle Museet, Dronningensgate 4, Kvadraturen, 0152 Oslo
If you are interested in attending please register here
MUNICH, GERMANY– 08 November 2016, – As part of an ongoing cooperation Asteelflash and Zwipe will be showcasing Zwipe’s innovative biometric authentication technology, manufactured by Asteelflash at Electronica, in Messe Munchen, Hall B4, Booth 109.
Electronica is one of the largest meeting places for the electronics industry. Providing an in-depth look at what new developments will be the building blocks of future technology. With over 2700 exhibitors from 52 countries and over 70,000 visitors expected Electronica Munich is an ideal launching pad for Asteelflash and Zwipe.
“We have had and continue to have an excellent partnership with Asteelflash. This partnership signifies an important element of the supply chain for Zwipe, as it allows us to utilize Asteelflash expertise and capacity to deliver high volume products across the world, further strengthening our supply chain.” said Kim Humborstad, Founder and CEO of Zwipe. “We have made significant progress in the last few months and look to carry this momentum forward into 2017. Electronica is a great place for us to demonstrate how we are working with strong partners like Asteelflash.”
Commenting on the relationship with Zwipe, Asteelflash Group President and CEO Gilles Benhamou said “We are very pleased to count Zwipe among our customers. Their innovative product and cutting-edge technology can make the difference and Asteelflash is proud to be part of this adventure. And because each customer deserves a proper support, we have entered into a very close partnership with Zwipe in order to provide them with the right level of flexibility and technical capabilities to support their go-to-market strategy”.
Find the full press release here
OSLO, NORWAY and SHENZHEN, CHINA - 31 October 2016- Biometric tech company Zwipe and Kuang-Chi establishes joint venture to create commercial platform in China for Zwipe's ground-breaking biometric authentication technology, the first and only fingerprint technology to operate without batteries.
Zwipe. a biometric tech company and a global leader in biometric authentication technology, today announced an agreement to form a joint venture with China-based, high-tech company Kuang-Chi Group.
Kuang-Chi invests in disruptive innovations worldwide including technology applied to aerospace, near space exploration, internet banking as well as the security industry. Two of the group's subsidiaries are listed companies that invest in cutting-edge technology concepts that are in the development and/or initial commercialization phases.
"This joint venture confirms our strong position in the rapidly evolving biometric sector" said Kim Kristian Humborstad, CEO and founder of Zwipe. "Establishing this joint venture extends the strong cooperation with Kuang-Chi and amplifies our go-to-market strategy for our product portfolio towards the Chinese market. Our technology is currently implemented in cards, for payment, access control and government ID, and in China we see considerable interest for all three segments."
"Zwipe fits perfectly with our strategy as it has a strong technology platform that can be commercialized and scaled. In addition, they have teamed up with channel partners that are global household names. As we are in the midst of a biometric revolution, we are very excited about this joint venture and partnership with a global technology leader" said Dr. Liu Ruopeng, Chairman of Kuang-Chi.
Zwipe and Kuang-Chi will hold 49% and 51% of the joint venture, respectively. The joint venture follows Kuang-Chi's investment in Zwipe back in October 2015, where they acquired a 20% stake in the Norwegian company in addition to granting a credit facility. Via the joint venture, Kuang-Chi's investment in Zwipe technology rises to USD 8.9 million.
During 2016, Kuang-Chi has also launched the Global Community of Innovation (GCI) Network. The network brings together 17 tech companies, including Zwipe, in a wide range of industries and applications. The GCI Network will receive the full support of Kuang-Chi’s corporate resources, from sales and marketing to joint tech development. As part of this expansion, Kuang-Chi has also established a creative hub in Singapore for furthering development of it’s Future City strategy.
“Kuang-Chi invests in technologically disruptive, early to mid-stage companies and we actively support our investments around the world to ensure their success. The main purpose of the GCI Network community is to provide a platform where members can share experiences and effectively get access to our resources to scale their technologies in the Chinse market” Dr. Liu Ruopeng, founder of Kuang-Chi concluded.
Please find the full press release here.
NOTE TO EDITORS: A downloable press kit can be found at zwipe.com or by clicking here.
Zwipe PR Contact: Ado Fazlic, +47 930 44 040, firstname.lastname@example.org
Kuang-Chi PR Contact: Maggie Shek, +86-186-0201-9560, email@example.com
LAS VEGAS, USA ; 25 October 2016 –
CPI Card Group's CEO, Steve Montross, will be showcasing Zwipe's unique technology for payment solutions today at Money 2020 as part of a road-map announcement that will present a portfolio of innovative offerings the company has been working on. Please find the event details here. Kim Humborstad speaking on the announcement,
"We have been working closely for some time and are excited about supplying our core biometric authentication technology to CPI. We strongly believe in CPI's proven ability to commercialize innovative products for the North American market. Money 2020 is an excellent venue for us to promote our most recent activities and to identify shared opportunities for growth in the payments industry."
CPI Card Group is a leading provider in payment card production and related services, offering a single source for credit, debit and prepaid debit cards including EMV chip, personalization, instant issuance, fulfillment and mobile payment services. Serving customers from ten locations in the United States, Canada and the UK, CPI has the largest network of high security facilities in North America, each of which is certified by one or more of the payment brands.
DUBAI, UAE and OSLO, NORWAY; 17 October 2016 – Zwipe and Mawarid Technology today agreed a technical and commercial partnership that will see Zwipe’s full product portfolio of biometric authentication solutions being made available in the Middle East.
Mawarid Technology is one of the UAE’s first homegrown technology platforms. The group offers high-value, customized systems with integrated IT solutions and services, security and technology systems integration and payment systems solutions and services capabilities to governmental organizations as well as private and public sector companies in the Middle East. It consists of three established and innovative enterprises: Falcon Eye Technology, TACME and QuickNet. Combined, the group enterprises have detailed understanding of business and technology infrastructure in the Middle East region.
“We are very excited to offer Zwipe’s innovative biometric solutions to the rapidly evolving Middle East technology market. Zwipe has easy to use and secure products, which will appeal strongly to our stakeholders. Having extensive experience and knowledge of the Middle East card market, we see Zwipe’s unique biometric solutions being quickly adopted and embraced by our customers,” said Mohamed Al Nuaimi, Chairman of Mawarid Technology. “We are ready to deploy Zwipe’s technology and provide a more diverse set of solutions to our prestigious clients within the government, oil and gas and private markets across the Middle East. Through our partnership with Zwipe, we believe we can deliver more value to our clients and equip them to succeed in today’s ever-shifting technology environment.”
Kim Kristian Humborstad, CEO of Zwipe, said:
“The Middle East, especially the GCC, is of high strategic importance to us, due to the size of the market, the growing demand for secure and convenient biometric solutions, as well as the sharp focus on new technologies within the region. We are pleased to have entered into partnership with Mawarid Technology. They will add value through their impressive network and deep understanding of the market dynamics.”
As part of this major announcement Mawarid Technology will be exhibiting Zwipe products at this week's Gitex Technology Week.