• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

IDEX Biometrics Highlights Booming Smart Card Success in Recap of 2020

December 23, 2020

IDEX Biometrics CEO Vince Graziani has recapped some of the company’s accomplishments in his year-end update. In doing so, he placed a particularly strong focus on the company’s burgeoning smart card business, noting that IDEX has been able to advance its goals without suffering any major delays or incurring any additional costs as a result of COVID-19.

IDEX Biometrics Highlights Booming Smart Card Success in Recap of 2020

In that regard, Graziani noted that the pandemic has generated more interest in contactless payment solutions. He cited conversations with “several prominent US retailers” when reporting that there has been a 150 percent increase in the use of contactless payments every single month since the beginning of the pandemic, and suggested that the trend is similar in other parts of the globe.

IDEX is now trying to position itself to capitalize on that market, and Graziani believes that the company has done so based on its successes in 2020. Most notably, the company’s technology has been certified by two major payment networks, while its new TrustedBio sensor has been fully integrated into Zwipe’s Pay ONE platform for biometric cards. As a result, IDEX’s technology is included in each sale of the Zwipe solution.

The goal, according to Graziani, is to make IDEX’s fingerprint solutions as broadly appealing as possible. In addition to Zwipe, the company has secure element partnerships with HED, Infineon, TMC, and Fudan, giving it one of the largest partner portfolios in the business. That gives IDEX more flexibility with new customers, since card manufacturers can continue to use their existing secure element technology with IDEX’s sensors.

IDEX has received multiple volume orders for its TrustedBio products in the past few months. The company’s customers (other than Zwipe) include Dongwoon Anatech and Hengbao. The news marks the end of an eventful but productive year for Graziani, who signed on as IDEX’s new CEO in February, only a few short weeks before work-from-home orders were put in place.

Filed Under: Industry News Tagged With: Biometric, biometric payment cards, biometric smart cards, biometrics, contactless payments, corporate updates, Fingerprint biometrics, fingerprint recognition, IDEX, IDEX Biometrics

Related News & Articles

Ask the Experts About the Coming Post-Password Internet

Juniper Details Rise of Contactless POS Technology

Cerence Withdraws Fiscal Guidance Despite Strong Q2 Results

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Mastercard Solution Certified Under UK’s Digital ID Framework
  • Transatlantic Digital Traveler Identity Project Gets High-Profile Tech Partner
  • Digital Identity Tech Demo Online Event
  • Mobile ID Comes to Another US Campus
  • New York DMV Developing Mobile Driver’s License

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld