Fingerprints & Ensurity enters into a strategic collaboration

Sweden’s Fingerprints & Card announces its strategic collaboration with Ensurity Technologies to bring advanced solutions to the Indian and global cybersecurity market.

The companies are working closely to integrate their respective technological strengths to bring the first-of-their-kind smart USB devices to the global markets. Ensurity has been working in the cybersecurity space over the past seven years. Advanced biometric touch sensors from Fingerprints will be incorporated into Ensurity's secure USB devices and launched under the "ThinC" brand by the end of June.

ThinC will offer a range of FIDO-complaint, secure storage and computing devices that will address the security needs of sectors like BFSI, large consultancy firms and enterprises, or any kind of remote access based businesses and professionals. The companies also propose to work on providing secure identity management solutions on the cloud through Ensurity’s patented technology.

Speaking of this collaboration, Niklas Strid, SVP Business Line Embedded, Fingerprints said, “We are happy to be collaborating with Ensurity, as we see the use of biometrics and Fingerprints technology, is growing into new form factors and solving evolving security needs for both the consumer and enterprise markets.”

Chakradhar Kommera, CEO & CoFounder, Ensurity said, “With the proliferation of digitalization, security is becoming integral to enterprise businesses that are looking for 100% data security to avoid any kind of business risk. Advance biometric sensors from Fingerprints are being used in the secure USB devices that Ensurity is launching shortly under the ThinC brand name. These devices will address the market needs of enterprises and provide secure shareable storage, safe remote computing and FIDO authentication to the customers. We are introducing this technology and product at a time when just the Indian biometrics market is projected to grow at a CAGR of around 31% during 2016 – 2021 as per an industry report. Through this collaboration, we aim to capture both the Indian and global markets ushering the best biometric technology through our most advanced USB product range.”

Amit Mathur, Chief Operating Officer, Ensurity added, “We see a huge opportunity in the areas of secure biometric solutions and see the alliance with Fingerprints as an effective way of securing the needs of biometric implementations across all form factors & expanding our reach in the global markets.”