“The demand for biometric smart cards is growing thanks to their increased security and convenience for end users. Therefore, it is critical for card manufacturers that the biometric solutions are compatible with the secure element in the card, known as the EMV chip.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has secured another Asia-based…
“The partnership will focus on biometric payment cards, and entails the licensing of Zwipe intellectual property, the integration of Zwipe components, and the use of Zwipe’s cardholder enrollment technology.” China-based card integrator Goldpac has added another Scandinavian biometrics specialist to its roster of partners, with Zwipe announcing that it has established a new collaborative agreement…
“We are pleased to welcome Derek to our team, where he will have an immediate impact through his experienced leadership of our financial organization. He joins us at an ideal time as we prepare the company for commercial success.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has found its new Chief Financial Officer: Derek…
“The market for biometric smart cards is gaining considerable momentum. Our biometric sensors are ready for mass deployment in smart cards and we are delighted to be working in partnership with Sian to help achieve this.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has found another Asia-based partner in its biometric payment cards efforts.…
IDEX Biometrics is finally ready to share the results of its collaboration with Hengbao. The company first announced that it was partnering with the Chinese card manufacturer back in September, and has now revealed that it has provided the fingerprint sensor for a dual-interface biometric card that will be on display at the second annual…
“The biometric smart card market is gathering momentum and to accelerate their mass adoption it is important to ensure interoperability between all elements of the transaction value chain.” – Stan Swearingen, CEO, IDEX Biometrics IDEX and Chutian Dragon, a China-based card manufacturer that teamed up with the company last autumn, have added a third partner…
IDEX Biometrics has teamed up with Agnisys to further its development of fingerprint security for a range of next-generation IoT devices. IDEX will specifically be using Agnisys’s IDesignSpec software solution, which will automatically generate much of the code and documentation needed to realize such products and allow researchers to use their time more efficiently. “IDesignSpec…
IDEX Biometrics has continued its blog series on the Internet of Things with a look at the way that biometric technology is shaping the IoT market. In the post, IDEX CFO Henrik Knudtzon explains that the secure and convenient nature of biometric credentials like fingerprints makes them ideal for safe, streamlined IoT connections across multiple…
The Internet of Things will allow us to share more information at faster speeds on whatever device happens to be most convenient at the time. However, that convenience also comes with risk. When everything is connected to the internet, the security of the network is only as strong as its weakest link. Sure, your smartphone…
“In announcing its attendance at Money20/20 Asia, IDEX also noted that an Asia-based bank began trialing an IDEX-powered biometric payment card from Feitian toward the end of last year.” Money20/20 Asia has been underway in Singapore this week, and it’s an event that IDEX was sure to attend. And for good reason: IDEX has been…
“In a statement announcing the MWC showcase, IDEX emphasized that its card solution does not require a battery or internal power source. “ IDEX‘s biometric payment card technology is being demoed live this week at the Mobile World Congress in Barcelona. The showcase is thanks to XH Smart Tech, which IDEX teamed up with in…
IDEX is dispelling some misconceptions about cryptocurrencies after doing the same for biometric payment cards and financial inclusion. In the first entry of the company’s latest blog series, IDEX Senior Vice President David Orme argues that biometric authentication is the next logical step for cryptocurrency expansion. According to Orme, biometric technology solves one of…
“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…
IDEX Biometrics has completed a $25 million USD private placement, the company has announced. The NOK 214 million deal entailed the sale of 53,437,500 shares to existing shareholders including Invesco, Woodford Investment Management, and members of the company’s management team and board of directors. In a statement announcing the private placement, IDEX asserted that it…
Most prognosticators expect biometric payment cards to be one of the fundamental building blocks of the future economy. IDEX Biometrics is well positioned as a key player in that field, unveiling its latest payment card at APSCA Digital Commerce Asia Pacific in Kuala Lumpur. Now, IDEX is trying to demystify its new technology with a…
IDEX Biometrics will attend the APSCA Digital Commerce Asia Pacific event in Malaysia next week, the company has announced. The APSCA event offers an opportunity for the company to showcase its fingerprint sensor technology for dual-interface biometric payment cards to a financial services crowd, with IDEX having joined the Asia Pacific Smart Card Association last…
“Our SmartFinger fingerprint technologies are highly secure, customizable and deliver a strong biometric performance whilst ensuring an outstanding user experience.” – Stan Swearingen, CEO, IDEX Biometrics A longtime leader in the biometrics industry has finally given its fingerprint sensor solutions their own name: IDEX Biometrics has announced that the technology will be sold under the…
“The display can be used for a range of features including dynamic CVV to address card-not-present fraud, user-specific information such as account balance, or to provide feedback when enrolling the fingerprint.” – Stan Swearingen, CEO, IDEX Biometrics With fingerprint-scanning payment cards still in the trial phase, IDEX Biometrics appears to already be looking ahead to the…
“Together, the companies will develop ‘battery-less dual-interface biometric cards with display,’ according to a statement from IDEX.” IDEX Biometrics has a big new partner in the China market for its biometric card efforts. The company has teamed up with Excelsecu, a Shenzhen-based security solutions provider specializing in security solutions including FIDO-based security keys, One-Time Password…
