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…
IDEX Biometrics has partnered up with CEC Huada Electronic Design Co., or HED, a China-based Secure Element specialist. The two companies will work together on a reference design for biometric smart cards. The partnership was announced on the closing day of this year’s Trustech event in France, where IDEX representatives are on hand alongside other…
“…the companies emphasized the power efficiency of Infineon’s Secure Elements, asserting that they can support contactless transactions “at significantly below 300ms”, allowing transactions to be performed in under a second.” IDEX Biometrics has become the latest fingerprint sensor specialist to team up with Munich-based Infineon on biometric cards. The companies have announced a partnership in…
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This week Mobile ID World and FindBiometrics reported live from Money20/20 USA in Las Vegas, where biometrics took the spotlight. Kicking off Sunday with a dedicated Digital Identity & Biometrics session track, this year’s Money20/20 ensured strong authentication was a foundational topic for the week of keynotes, panels, exhibitions and networking events, all condiucted under…
A new environmental partnership entails an alliance between Mastercard, IDEMIA, and Gemalto on payment card solutions. Also including card printer Giesecke+Devrient, it’s called the Greener Payments Partnership, and is aimed at reducing the use of PVC plastic in payment cards. According to a statement from the companies announcing the partnership, they are committing to accelerating research…
“The increasing popularity of card payments in Asia, in conjunction with the growing preference towards biometrics, has created the perfect storm for this partnership with Hengbao, a very influential player in the Asian market.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has a big new partner in its escalating efforts to promote its biometric card…
“We are incredibly proud to have reached this very important milestone with our strategic partner. The order marks the start of the industrialization phase for biometric cards, and is the result of years of dedication and hard work and is validation of IDEX’s leadership position in this very innovative market.” -Stan Swearingen, CEO, IDEX Biometrics…
IDEX has announced a novel integration of its fingerprint sensor technology: Korea-based Ohsung Electronics has used it to bring fingerprint scanning to one of its remote control solutions, the product of a collaboration with TW Electronics, a UK-based remote control specialist that offers tailored remote solutions to other device makers such as TV brands. In…
