IDEX Biometrics receives production order for IDEX Pay as Beautiful Card Corporation is granted Mastercard Letter of Approval
17 Junio 2024 - 4:15AM
UK Regulatory
IDEX Biometrics receives production order for IDEX Pay as Beautiful
Card Corporation is granted Mastercard Letter of Approval
Oslo, Norway, and Taipei, Taiwan 17 June 2024 –
IDEX Biometrics has received a production order from Beautiful Card
Corporation (BCC), in support of bank launches in Asia. BCC has
obtained the Letter of Approval (LoA) from Mastercard for its
biometric payment card built on the IDEX Pay platform, allowing the
issuance and deployment of biometric cards globally.
With an annual production of 121 million payment
cards1, BCC is one of the top 10 smart card
manufacturers globally, specialized in the manufacturing,
personalizing, and packaging of payment and multiple-application
cards. IDEX Pay based biometric smart cards complete BCC’s offering
of eco sustainable card solutions in Asia and globally.
"We are excited about this approval as we are accelerating our
biometric payment and access card focus through our deepened
collaboration with IDEX Biometrics, shifting to and scaling IDEX
Pay based biometric cards. With our global client portfolio and
ecosystem partners, we deliver more seamless and secure customer
experiences, meeting the growing demand from consumers,” stated
Shellen Hsu, Global Vice President, Sales and Business Development
of BCC.
“We are committed to meeting the growing demand for biometric
payment cards in Asia, and BCC is an ideal partner with a very
strong customer portfolio of banks, corporates and governments as
well as being a trusted partner for many of the world's leading
card manufacturers,” said Catharina Eklof, Chief Commercial Officer
of IDEX Biometrics.“
1 Source: Nilson Report
For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
Tel: + 47 918 00186
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in
fingerprint biometrics, offering authentication solutions across
payments, access control, and digital identity. Our solutions bring
convenience, security, peace of mind and seamless user experiences
to the world. Built on patented and proprietary sensor
technologies, integrated circuit designs, and software, our
biometric solutions target card-based applications for payments and
digital authentication. As an industry-enabler we partner with
leading card manufacturers and technology companies to bring our
solutions to market.
For more information, visit www.idexbiometrics.com
About Beautiful Card Corporation
With 32 years of experience in the smart card industry, BCC is a
leading smart card manufacturer globally. Headquartered in Taoyuan,
Taiwan, BCC is a Taiwanese-owned, GSMA SAS-certified, VISA,
Mastercard and JCB-certified company with a global strength and
local support. Since BCC’s founding, they have been developing new
technology in the card industry as well as continuously putting
efforts into the innovation and improvement of all sorts of cards.
It is an eco-sustainable material provider that has compliance with
RoHS, REACH, HF, CP65, ETSI, etc.
For more information, visit
https://www.beautifulcard.com
TRADEMARK STATEMENT
IDEX, IDEX Biometrics and the IDEX logo are trademarks owned by
IDEX Biometrics ASA. All other brands or product names are the
property of their respective holders.
About this notice
This notice discloses inside information pursuant to the EU
Market Abuse Regulation and was issued by Erling Svela, Vice
president of finance, on 17 June 2024 at 11:15 CET on behalf of
IDEX Biometrics ASA. The notice is published in accordance with
section 5-12 the Norwegian Securities Trading Act.
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