Mastercard Certifies Biometric Smart Card Secured by IDEX Biometrics
03 Noviembre 2021 - 8:16AM
Mastercard Certifies Biometric Smart Card Secured by IDEX
Biometrics
IDEMIA Group receives Letter of Approval for
best-in-class F.CODETM payment card platform utilizing TrustedBio®
solution from IDEX Biometrics
Oslo, Norway – 03 November 2021 - IDEX Biometrics
ASA today announced that Mastercard has fully certified
IDEMIA Group’s F.CODETM biometric smart card platform, secured by
IDEX Biometrics’ TrustedBio® fingerprint authentication solution.
This is an important achievement for IDEX Biometrics, as IDEMIA is
now able to begin high-volume deployment of its best-in-class
F.CODE payment card to meet the increasing market demand for
fingerprint authenticated payment cards.
The Letter of Approval (LOA) issued by Mastercard gives
assurance to the payment ecosystem that the
biometrically-authenticated F.CODE payment card will seamlessly be
accepted across Mastercard’s global network, increasing security
for millions of consumers, merchants, and issuers. According to the
Nilson Report, Mastercard has approximately 2.5 billion cards in
current circulation, a figure that is expected to grow by 29% over
the next five years.Vince Graziani, Chief Executive Officer of IDEX
Biometrics, commented, “Completion of the Mastercard certification
process by our partner IDEMIA, is another significant achievement
for IDEX Biometrics. We now have certified biometric solutions with
the top three global payment networks, allowing for deployment of
biometric cards, together with our integration and issuer partners,
at a rapid pace to over 15 billion consumers. We are happy that our
TrustedBio solution is contributing to the ground-breaking
performance and cost profile of our partner’s biometric payment
card platform.
For further information contact:Marianne Bøe,
Investor Relations E-mail: marianne.boe@idexbiometrics.com Tel:
+47 9180 0186Brett L Perry, U.S. Investor RelationsE-mail:
bperry@sheltongroup.comTel: + 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
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.
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
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