IDEX Biometrics payment card solution fully certified by Mastercard
30 Agosto 2023 - 1:09AM
IDEX Biometrics payment card solution fully certified by Mastercard
Oslo, Norway – 30 August 2023 – IDEX Biometrics has successfully
completed the full Mastercard certification and received Conformity
Compliance Statement (CCS) for its IDEX Biometrics Payment Card
solution1. The complete and certified biometric card solution
includes the IDEX biometric sensor, a Linxens EMV2 module including
Infineon’s SLC38B secure element, card inlay with antenna, and the
IDEX card operating system with payment applets. Biometric payment
cards built on the IDEX Biometrics payment card solution will
provide seamless payment experiences for consumers around the
world.
The IDEX Biometrics payment card solution has successfully
completed Mastercard’s Compliance Assessment and Security Testing
(CAST). This is the final Mastercard certification step and follows
the previously announced FTAS certification of the sensor
performance. Smartcard manufacturers can now fully leverage this
certification for their Letters of Approval (LoA) without having to
complete compliance tests on their own, significantly reducing
development cost and time to market.
More than 15 global and regional card manufacturers and
resellers have already selected the IDEX Biometrics certified
payment card solution, as they respond to the increasing demand
from banks and fintechs for biometric payment cards.
“Infineon is delighted to see our partner IDEX Biometrics
bringing their biometric payment cards solution, including
Infineon’s high end secure element SLC38B to the market, addressing
the increasing needs for secured and convenient payments.” says
Tolgahan Yildiz, Head of Product Line Payment Solutions at
Infineon. “With its excellent RF performance, increased number of
interfaces, and computation power, SLC38B is the right fit for
biometric smart cards, enabling seamless user experiences. Infineon
is committed to address the emerging market of biometric payments
with tailored products and systems together with our partners.”
“This is a significant accomplishment for IDEX Biometrics and
our partners, Infineon and Linxens. Together we are bringing to
market a top-of-the-line biometric solution to card manufacturers,
issuers and banks, featuring the highest levels of user experience
and functionality. We expect accelerated growth as these cards
built on IDEX certified payment solution reach the market in the
fourth quarter of 2023,” says Vince Graziani, Chief Executive
Officer at IDEX Biometrics.
1 Mastercard Compliance Assessment and Security Testing (CAST)
and Interface and Application Testing (IAT). Testing performed by
independent certified test labs accredited by EMVCo and qualified
by Mastercard
2 EMV stands for Europay, Mastercard and Visa
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 Infineon Technologies AG
Infineon Technologies AG is a global semiconductor leader in
power systems and IoT. Infineon drives decarbonization and
digitalization with its products and solutions. The company has
around 56,200 employees worldwide and generated revenue of about
€14.2 billion in the 2022 fiscal year (ending 30 September).
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol:
IFX) and in the USA on the OTCQX International over-the-counter
market (ticker symbol: IFNNY).
Media Contact Infineon Technologies AG, Fabian Schiffer, Senior
Manager Media Relations, E-mail: fabian.schiffer@infineon.com, tel:
+49 89 234 25869
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.
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
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