Banking Group to Set RFID Roadmap

Hoping to facilitate RFID adoption by its members, the Financial Services Technology Consortium is working toward instituting a standardized approach to using the technology.

Thousands of Auto Parts Verified with RFID and UWB

Nearly 400,000 components were identified and tracked into the 15,000 vehicles where they were installed using a combination of ultra wideband (UWB) and passive UHF technologies. During the six-week production trial the RFID system tracked vehicles through the final assembly process to ensure they received the correct parts.

EV3 Uses RFID to Streamline Inventory

The medical device maker has realized important business benefits by employing RFID to track its stock of stents and other products used for treating vascular diseases.

ThingMagic Receives $9.8 Million from Current Investors

RFID reader and module developer ThingMagic received $9.8 million in new venture capital, all from previous investors. The company said it will not seek additional investment and that this is only the second time it has taken venture capital. It also received $21 million in 2005-06.

ThingMagic Raises $9.5 Million

ThingMagic Raises $9.5 Million

CEO Tom Grant says the latest round of funding will help the company continue to develop custom RFID solutions and UHF passive-tag readers for specific applications.

Banking Interest Climbs for RFID, Spurs Standards

A financial services industry association announced an initiative to develop standards so industry companies can use RFID more easily. The Financial Services Technology Consortium (FSTC) will first focus on IT asset management, file tracking and courier operations, and hopes to develop its first draft standard by year end.

Big RFID Deals and Their Meaning

Big RFID Deals and Their Meaning

Do Impinj’s purchase of Intel’s RFID reader chip business, and Checkpoint’s acquisition of OATSystems, indicate we’re about to see a wave of consolidation within the RFID industry?