MKSmart, Global Smart Card Manufacturer to Launch Biometric Payment Cards with IDEX Biometrics TrustedBio Turnkey Solution
28 Enero 2022 - 1:15AM
MKSmart, Global Smart Card Manufacturer to Launch Biometric Payment
Cards with IDEX Biometrics TrustedBio Turnkey Solution
Oslo, Norway - 28 January 2022
- IDEX Biometrics ASA is entering a development
agreement with MKSmart, world-leading high technology provider of
smart card solutions for financial payments, access control, and
government identification in Southeast Asia. This partnership will
provide banks and other payment card issuers access to biometric
smart cards with industry leading performance and cost efficient
solution.
MKSmart is ranked among the Top 10 largest card
manufacturers globally, and one of six card manufacturers worldwide
being fully certified by VISA, Mastercard, China UnionPay, JCB,
UPI, and GSMA. Based on the turnkey card reference design from IDEX
Biometrics and Infineon Technologies AG, this comprehensive
solution includes the IDEX Biometrics TrustedBioÒ sensor module,
which includes a proprietary ASIC delivering biometric processing
and power management, and the SLC38 security controller from
Infineon Technologies AG.
Biometric smart cards developed under the
agreement are targeted for delivery to issuers by the end of 2022.
The agreement further covers a framework for collaboration for the
development of biometrically authenticated solutions for storage of
central bank digital or other, third party, crypto currencies, as
well as the development of biometric authentication solutions for
digital ID cards across government, IoT, and enterprise
applications.
Vince Graziani, Chief Executive Officer of IDEX Biometrics,
stated, “The Southeast Asia region represents a very large
opportunity for biometric payment cards. Since it was
introduced, there has been strong interest in the TrustedBio
turnkey solution. This additional design win adds to a
growing list of customers and confirms that IDEX Biometrics is
enabling the acceleration of global deployment for biometric smart
cards. Our collaboration with MKSmart will deliver biometric smart
card solutions that enable a secure and seamless user experience to
millions of consumers in Southeast Asia and globally.”
For further information contact:Marianne Bøe,
Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com Tel: + 47 918
00186
Brett L Perry, U.S. Investor Relations E-mail:
bperry@sheltongroup.com Tel: + 1 214 272 0070
About IDEX BiometricsIDEX Biometrics ASA (OSE:
IDEX and Nasdaq: IDBA) is a leading provider of fingerprint
identification technologies offering simple, secure, and personal
authentication for all. We help people make payments, prove
their identity, gain access to information or unlock devices with
the touch of a finger. We invent, engineer, and commercialize these
secure, yet incredibly user-friendly solutions. Our total
addressable market represents a fast growing multi-billion-unit
opportunity.For more information,
visit www.idexbiometrics.com
About MKSmartMKSmart incorporated in 2003 as a
subsidiary of MK Group is the leading company in Southeast Asia
with years of experience in providing Digital security solutions
and Smart Card products for the following industries: Government,
Banking and Fintech, Transport, Telecom, IoT, Enterprises, and the
Consumer market.
For more information, visit www.mksmart.com.vn
TRADEMARK STATEMENTIDEX, TrustedBio, 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.
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