IDEX expands partnership with IDEMIA to advance biometric

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Nov 24, 2017 at 4:00 AM 149

IDEX expands partnership with IDEMIA to advance biometric contactless card solutions

24 November 2017 - IDEX, a leading developer of advanced fingerprint solutions for mass markets, today announced continued development of innovative end-to-end biometric system solutions for payment cards with IDEMIA, the global leader in trusted identities for an increasingly digital world. In addition to collaborating closely on contact card solutions in support of a leading global payment provider's strategic biometric programme, IDEX and IDEMIA are actively working to deliver advanced solutions for contactless cards. Since IDEX's announcement of a partnership with Safran Identity & Security (Morpho) in November 2016 to commercialize the first mass deployable biometric smart cards, OT (Oberthur Technologies) and Safran's Morpho business came together to become IDEMIA. Together with a leading payment provider, the partnership has resulted in the completion of several end-user trials of next generation biometric cards, which received extremely positive feedback on the convenience, security and ease of use. The success of these real-world trials has led to a significant increase in customer interest as well as progress toward an expected commercial program roll-out in early 2018. "We are very excited to be expanding our partnership with IDEMIA to include contactless card solutions, as well as further innovative solutions for the benefit of increased consumer convenience. Together with IDEMIA, we can deliver complete biometric solutions to meet the growing market demand," says Dr Hemant Mardia, CEO of IDEX. IDEX's off-chip sensor technology combined with IDEMIA's biometric card software and manufacturing expertise are fundamental to enabling biometric payment cards that are both commercially scalable and ISO-compliant. These complementary offerings have also served to strengthen the partnership between IDEX and IDEMIA, as the two companies collaborate on scalable contactless biometric card solutions. Similar to the contact card solution utilized in recent trials, the contactless solution allows for a bendable ISO-compliant card that is compliant with standard manufacturing processes, while delivering exceptional biometric performance without the need for an internal power source. "We have elected to expand our partnership with IDEX as part of our F.Code biometric card solutions, due to their innovative approach and their performance", says Philippe Bertiaux, VP Business Line Products & Systems at IDEMIA Financial Institutions BU. In support of recent market traction and increased customer demand, IDEX and IDEMIA will showcase joint solutions for biometric cards at TRUSTECH 2017 in Cannes, Palais des Festivals on the French Riviera, from 28 November to 30 November. Contact: Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, ck@idex.no Henrik Knudtzon, CFO, +47 9302 2827, hk@idex.no Twitter: http://www.twitter.com/idexasa About IDEMIA OT-Morpho is now IDEMIA, the global leader in trusted identities for an increasingly digital world, with the ambition to empower citizens and consumers alike to interact, pay, connect, travel and vote in ways that are now possible in a connected environment. Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, we reinvent the way we think, produce, use and protect this asset, whether for individuals or for objects. We ensure privacy and trust as well as guarantee secure, authenticated and verifiable transactions for international clients from Financial, Telecom, Identity, Public Security and IoT sectors. With close to EUR 3 billion in revenues, IDEMIA is the result of the coming together of OT (Oberthur Technologies) and Safran Identity & Security (Morpho). This new company counts 14,000 employees of more than 80 nationalities and serves clients in 180 countries. For more information, visit www.IDEMIA.com / Follow @IDEMIAGroup on Twitter About IDEX IDEX is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company's technology is based on a fundamentally unique architecture that delivers form factor flexibility and superior cost-performance characteristics. IDEX's total addressable market represents a fast-growing multi-billion unit opportunity. IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX. For more information, please visit www.idex.no This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Lincoln Educational Services Faces Securities Fraud Suit

A Storm Brews Over Lincoln Educational Services You know, there's nothing quite like the stink of a good mess in the markets, and Lincoln Educational Services Corporation has found itself knee-deep in one. The buzz is all about some securities fraud allegations that could rope in a bunch of investors who got the short end of the stick. It’s lawsuits like these that make...

New Podcast by Paralyzed Veterans of America Offers Unique Insights

Empowering Veterans Through Storytelling Some stories don't just rattle around in your headphones—they stick with you. The 'Voices of PVA' podcast, launched by Paralyzed Veterans of America, aims to do exactly that. It's not just a podcast; it's a platform where voices of veterans and people with spinal cord injuries like MS and ALS aren't just heard, they're amplified....

Miguel Pantoja: Wiring a Second Chance Beyond Bars

A Second Shot with Electric Dreams Miguel Pantoja, once on the rocky road of life choices, now lights up Northern California with his spark — quite literally. Walking out of federal prison, his mind was set as firmly as a bolt: first stop was a burger, second was a plan to transform his past into a new beginning. That path took him to UEI College in Sacramento, where...

Stravito's MCP Server Revolutionizes AI in Business

We're seeing another big swing in how enterprises weave AI into the fabric of decision-making. Stravito, an enterprise customer intelligence platform, launched its Model Context Protocol (MCP) Server. This thing brings company-owned research right into the gizmos teams already use. Now, businesses aren't left groping in the dark figuring out their next moves—pretty...

Quantum Sky's Strategic Leadership Overhaul Targets Growth

Executive Shake-Up Aims for Stronger Federal Market Alignment Buckle up, folks—there's some major chess-piecing happening at Quantum Sky. They've just named not one or two, but three executive bigwigs to head up their core business groups. This isn’t just some ceremonial reshuffle. Nah, it’s bigger. They're redefining how they tackle the Department of War, Intel &...

Subaru, Motorq Offer Hardware-Free Fleet Telematics Insights

An Unplugged Move in Fleet Management There's something brewing between Motorq and Subaru that could shake up fleet operations in ways most haven't thought possible yet. We’re talking about cutting those pesky hardware cords and diving straight into a future that's software-driven—and hey, we're all here for it. Direct, Data-Driven Leadership Imagine you're a fleet...

PhoenixAI and Cloudera's Strategic Partnership Shifts Data Landscape

Time to Embrace Change: PhoenixAI Teams with Cloudera Mention the word 'partnership' in the tech space, and it's often as common as a cup of joe at dawn—but this one truly shakes things up. We're talking about PhoenixAI hitching its wagon to Cloudera's startup circus, a merging of fire and steel in AI-driven database management. With PhoenixAI strutting its stuff on the...

AMD CEO, Global Leaders Converge At IMPERIA Summit

A Clash of Giants in New York The trade floors are buzzing in New York as the world's economic heavyweights and tech titans gather for the inaugural IMPERIA Summit. You can almost smell the pressure and ambition wafting through the streets when folks like AMD's CEO, Lisa Su, share the stage with geopolitical power players like President Trump and China's President Xi...

Wrensilva Unveils Studio Console in White Oak

The White Oak Revolution Out of San Diego, Wrensilva's giving audiophiles a new reason to tune in: the Studio record console now comes dressed to impress in White Oak. This marks a fresh chapter in their craftsmanship tale, marrying sleek design with the earthy charm of this beloved hardwood. And guess what? The demand for serene home listening setups is peaking like...

Amy Wilson Joins ITSA Board: A New Era for UBI?

An Unexpected Turn in the UBI Movement In a world where tech and economic security must dance together, minding the steps is crucial. And this time, Amy Wilson's got her dancing shoes on. On September 24, 2026, the Income To Support All (ITSA) Foundation made some waves by adding Wilson to its board of directors, a move showing they're more serious than ever about...