IDEX Biometrics has achieved a world-first with the receipt of a production order of biometric fingerprint sensors for payment cards.
Norway-headquartered IDEX expects to start shipping against the order in the third quarter of 2018 and expects additional orders to follow.
Stan Swearingen, CEO of IDEX Biometrics comments, “We are incredibly proud to have reached this very important milestone with our strategic partner.
“The order marks the start of the industrialisation phase for biometric cards. This is the result of years of dedication and hard work and is validation of IDEX’s leadership position in this very innovative market”.
Successful end-user trials
Together with its ecosystem partners, IDEX Biometrics has for years taken a leading role in advancing the development of biometric enabled cards and supporting solutions. The partner has completed several end-user trials of biometric cards, receiving positive feedback on the convenience, security, and ease of use.
The market for biometric cards has significant momentum attracting strong interest from both consumers and issuers. IDEX Biometrics is working with a range of customers who are integrating IDEX’s fingerprint sensors and biometric modules into both contact-based and contactless cards
IDEX’ technology enables remote enrolment using a sleeve to register fingerprints. Consumers can record their their fingerprints from home avoiding the need to show up physically at a branch.
Earlier this year Swearingen told RBI of IDEX’s work with Mastercard to develop the remote enrolment solution.
Mastercard has been at the forefront globally of promoting the potential offered by next generation biometrics payment cards.
In 2017, Mastercard ran two successful pilots, with supermarket retailer Pick n Pay, and Absa Bank.