Swedish company Fingerprint Cards (FPC) has sold its technology to a financial information services company to be used in a line of biometric authentication devices geared to the financial services market.
FPC’s technology, including its FPC1080A fingerprint sensor, will be utilized in authentication products that are planned for launch in the second half of this year. The products help the financial market monitor and analyze financial trade data, including the execution of trades in real time. These tools use biometric fingerprint authentication to ensure that only authorized users have access to the system.
FPC expanded into North America in late 2012. It hopes to expand its North American presence throughout 2013.