• 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 Intensifies China Focus with Latest Biometric Cards Partner

January 31, 2019

“It’s beyond doubt that the market for biometric cards will ramp significantly in 2019. During the second half of 2018 a vast range of card integrators have geared up their efforts to commercialize biometric cards which will provide simple, secure and personal authentication for all. We see especially strong pull in China, and we are extremely pleased to be working with a market leader such as Goldpac.” – Stan Swearingen, CEO, IDEX Biometrics

IDEX Intensifies China Focus with Latest Biometric Cards Partner

IDEX Biometrics is homing in on the Chinese biometric card market with another new partnership: The company has announced that it has teamed up with China-based Goldpac Group, which it describes as one of the five biggest card integrators in the world.

In a statement, IDEX asserted that the aim of the partnership “is to launch dual-interface biometric smart cards to customers in China and beyond.”

Clarifying that the focus here is on fingerprint-scanning credit and debit cards, and not simply smart cards for access control and the like, Goldpac COO Wu Siqiang explained: “We consistently pursue innovative technologies into our payment products and strive to make them a more secure and convenient means of payment.”

Goldpac is the latest in a string of China-based partners for IDEX over the past few months. Chutian Dragon Co., a card producer certified by China UnionPay, Mastercard, Visa, JCB, and Amex, teamed up with the company in November, as did Secure Element specialist CEC Huada Electronic Design Co.; and in early December IDEX announced a smart cards-focused partnership with Shenzhen-based Excelsecu.

Commenting on this latest partnership, IDEX CEO Stan Swearingen said it is now “beyond doubt that the market for biometric cards will ramp significantly in 2019,” adding later, “We see especially strong pull in China, and we are extremely pleased to be working with a market leader such as Goldpac.”

News of the partnership arrives on the heels of IDEX’s announcement that it had raised $25 million through a private placement, which would be used to help fuel its growth over the coming year.

Filed Under: Industry News Tagged With: Biometric, biometric payment cards, biometric smart cards, biometrics, China, China market, corporate news, fingerprint recognition, fingerprint scanning cards, fingerprint scanning payment cards, Goldpac, IDEX, strategic partnerships

Related News & Articles

Gemalto To Buy 3M’s Identity Management Business

WISeKey Announces Universal Decentralized Identification System

ID.me Celebrates K(NO)W Nodes Award Win

Primary Sidebar

Register For the Next Virtual Identity Summit

Travel & Hospitality Biometrics Online Summit
Register now!

Tweets

Sponsored Links

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

  • Open Identity Exchange Welcomes TECH5 as Newest Member
  • Four UK MNOs Join Tru.ID’s SIM Authentication Service
  • Engineering VP’s Appointment May Point to NECAM’s Digital ID Ambitions
  • Foundation for Advancing Security Talent to Study Industry’s Hiring Practices
  • Selfie Onboarding Specialist Names New CFO

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 © 2022 MobileIDWorld