IDEX Biometrics is boasting about its performance in a series of independent tests that demonstrate the capabilities of its dual-interface fingerprint technology. According to the company, the tests show that its fingerprint sensors are compliant with the biometric performance and security standards enforced by numerous payment schemes, paving the way for the deployment of those…
‘“I am delighted to welcome Pascal to the team,” said IDEX Sales and Marketing SVP David Orme…’ IDEX Biometrics has named Pascal Dufour as its new Director of Sales for Europe, the Middle East, and Africa (EMEA). Darfour officially took over the role on July 9th, and brings more than 25 years of experience to…
The US Federal Reserve System has released a new White Paper that calls attention to the growing threat of synthetic identity fraud. The paper defines a synthetic identity as one that combines false information – such as a fake name or date of birth – with legitimate information like a social security number that has…
“In IDEX’s system, a smart card – eg. a biometric credit card – would be mailed to an end user together with a lightweight receptacle featuring an integrated power source. The card is inserted into the receptacle, and then the user registers their fingerprint on the card.” IDEX Biometrics has won an Australian patent for…
“Linking patient identity to fingerprint biometrics can help to ensure that potentially dangerous medicine is only being given to the intended recipients; and on the flip side, it can help to prevent the creation of fraudulent prescriptions for nefarious ends.” In its latest blog post, IDEX Biometrics has returned to the benefits of biometrics in…
A new post on the IDEX Biometrics blog details some of the benefits (and drawbacks) of different kinds of fingerprint sensors. The post specifically compares the smaller sensors often found in smartphones to the wider sensors recommended for biometric payment cards. The biggest difference is the relative accuracy of different models. A wider sensor is…
“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…
