Passwordless Authentication

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Postponement of Reverse Share Split in Fingerprint Cards AB (publ) due to technical reasons
Globenewswire· 2025-07-08 20:21
At the Annual General Meeting of Fingerprint Cards AB (publ) (“FPC” or the “Company”) held on June 24, 2025, a resolution was passed to carry out a reverse share split, whereby two thousand (2,000) existing shares will be consolidated into one (1) new share (reverse split 1:2,000). As announced on July 3, 2025, the Board of Directors had determined the record date for the reverse split to July 11, 2025. The Company hereby informs that, due to unforeseen technical issues beyond FPC’s control, the reverse sha ...
SEALSQ Unveils MS6003 Secure Element with Preloaded FIDO2 Application, Accelerating Passwordless Authentication for a Zero-Trust World
Globenewswire· 2025-05-22 13:15
Core Insights - SEALSQ Corp has launched the MS6003 secure element chip, which is preloaded with a FIDO2 authentication application, aimed at enhancing passwordless authentication in a zero-trust environment [3][4][6] - The global FIDO authentication market is projected to grow from USD 2.16 billion in 2025 to USD 15.32 billion by 2035, at a CAGR of 18.3%, driven by increasing cyber threats and the demand for secure authentication solutions [6][7] Company Overview - SEALSQ focuses on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [3][8] - The company is pioneering post-quantum semiconductors that provide robust protection for sensitive data across various applications, including multi-factor authentication, healthcare systems, and automotive [9] Product Features - The MS6003 simplifies secure authentication adoption, reducing time-to-market and streamlining compliance for customers in enterprise, industrial, IoT, and consumer applications [4][7] - It is built on a Common Criteria EAL5+-certified microcontroller platform, ensuring compliance with rigorous hardware security standards [7] - The chip supports diverse applications, including PC OEMs, smart locks, and automotive IoT, providing versatile integration options [7] Market Context - The MS6003 positions SEALSQ to capture the growing passwordless security market, which is increasingly important as 80% of data breaches are linked to compromised credentials [6][7] - FIDO2 standards, endorsed by major industry players like Microsoft, Apple, and Google, are transforming digital security and driving the demand for passwordless solutions [6]
authID Announces Strategic Partnership with TechDemocracy to Accelerate Passwordless Identity for Workforce & Customer Access
Globenewswire· 2025-04-29 12:00
Core Insights - The partnership between authID and TechDemocracy aims to enhance the adoption of passwordless authentication solutions, focusing on secure and privacy-preserving methods [1][4] - TechDemocracy will train an initial group of 25 professionals on authID's biometric solutions, which boast a false-match accuracy rate of one-in-one-billion and rapid verification speeds [2][6] - The collaboration will include the development of QuickStart accelerators to facilitate the integration of authID's biometric capabilities into existing identity management systems [3][4] Company Overview - authID specializes in biometric identity proofing and authentication, providing services that ensure enterprises can accurately identify users while maintaining privacy [6] - The company claims to deliver biometric identity proofing in 700 milliseconds and authentication in 25 milliseconds, with a focus on eliminating password-related risks [6] - TechDemocracy has over 25 years of experience in Identity and Access Management (IAM) and has conducted over 1600 global engagements, specializing in workforce IAM and customer identity management [9]