E-Kart and IDEX Biometrics to lead Biometric Smart Card market development in Eastern Europe
11 Abril 2022 - 1:00AM
E-Kart and IDEX Biometrics to lead Biometric Smart Card market
development in Eastern Europe
Oslo, Norway – 11 April 2022 - IDEX
Biometrics ASA is announcing collaboration with smart card
technology and innovation leader E-Kart for the commercialization
of biometric payment solutions in Eastern Europe. E-Kart is a joint
venture between global card manufacturer Gisecke&Devrient (G+D)
and Eczacıbaşı Holding. With a high-technology card manufacturing
center in Turkey, E-Kart has a production capacity of 60 million
smart cards annually and serve customer across the region.
E-Kart is one of the largest card manufacturers
in Europe and was the first Visa and Mastercard approved card
production and personalization enterprise in Turkey. The innovation
focus of E-Kart has propelled them as leader not only in EMV based
payment cards, but also as in government ID cards, healthcare
solutions and GSM SIM cards.
The collaboration between E-Kart and IDEX
Biometrics enables market expansion of biometric smart cards in
Eastern Europe, with targeted delivery to issuers in Q4 2022. The
platform is based on IDEX Biometrics TrustedBio MaxÒ sensor module
which integrates a proprietary ASIC delivering biometric processing
and power management, and the SLC38 security controller from
Infineon Technologies AG. This new biometric smart card represents
the sixth design win for the IDEX Biometrics and Infineon
Technologies platform solution.
Coskun Beduk, General Manager of E-Kart says, “This partnership
will provide banks and other payment card issuers in Turkey and
globally access to biometric smart cards with industry leading
performance and cost efficiency. We see a growing demand for
convenient and highly secure payment solutions and we aim at
leading the market of biometric payment cards, leveraging our
unique cutting-edge card development and production center in
Turkey, specialized in superior security, authorization for smart
cards and smart citizenship ID cards.“
Catharina Eklof, Chief Commercial Officer of
IDEX Biometrics, states, “IDEX Biometrics is strongly committed to
supporting establishing industry standards for the biometric market
in Turkey. The time is right to bring biometric payment solutions
into Eastern Europe. This region represents a very large
opportunity and our collaboration with E-Kart will deliver
biometric smart card solutions that bring seamless user experience
to millions of consumers in Turkey and Eastern Europe.“
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.comAbout E-KartA
crop of the joint vision of Gisecke&Devrient and Eczacıbaşı
Holding, E-Kart Elektronik Kart Sistemleri A.Ş. is the unique
cutting-edge card development and production centre of Turkey
highly specialized in superior security, authorization, affordable
data storage and management in e-trade and e-business characterized
as the business lifestyles of the modern age.
For more information, visit www.ekart.comTRADEMARK
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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