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IDEX Biometrics Announces a New Strategic Partnership with leading Global Smart Card Manufacturer

The collaboration is expected to significantly accelerate the commercialization of IDEX Biometrics’ TrustedBio turnkey solution for biometric cards

Oslo, Norway – 02 December 2021 – IDEX Biometrics ASA is entering a strategic cooperation agreement with a global tier one smart card manufacturer. As the global biometric payment market is reaching an inflection point towards mass production, this partnership brings lower costs, reduced manufacturing complexity, and accelerated time-to-market.

The agreement covers joint development of biometric smart cards based on IDEX Biometrics’ TrustedBio® turnkey reference design. The comprehensive pre-certified solution platform includes IDEX Biometric’s TrustedBio®, integrated MCU/PMU, biometric software including proprietary Card Operating System, applets, inlay and a SLC38 security controller from Infineon Technologies AG.

Vince Graziani, Chief Executive Officer of IDEX Biometrics, stated, “This agreement represents the first major design win for IDEX TrustedBio turnkey solution .“

Mr. Graziani continued, “This agreement confirms that IDEX Biometrics is enabling the acceleration of market deployment for biometric smart cards. Together with our partner we will take to market a state of the art biometric smart card solution delivering secure and seamless user experience to millions of consumers globally .”

For further information contact:

“This agreement represents the first major design win for IDEX TrustedBio turnkey solution .“ with Infineon :-)

🤑

Der satt den:)

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Stort potensiale for dobling

mass production starting by the end of the third quarter of 2021. Further information about TrustedBio is available here,



Munich, Germany and Oslo, Norway – 15 July 2021 – Convenient Security: A research report by ABI Research* projects the market for biometric payment cards to be reaching 353 million pieces per year by 2025 globally as an optimistic scenario. Allowing card manufacturers to address this new growing market segment, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), the global leader in smart card payment solutions, and IDEX Biometrics ASA (OSE: IDEX / NASDAQ: IDBA), the leading provider of advanced fingerprint identification and authentication solutions, today announced a reference design for the next generation biometric smart card architecture.

The reference design leverages the combination of Infineon’s new SLC38BML800 security controller with additional GPIO-interfaces and the latest generation of the TrustedBio™ solution from IDEX Biometrics. This enables fingerprint authentication with low latency, high accuracy, and power efficiency. The integration of the fingerprint sensor, the secure element, power management and communications reduce the complexity of card manufacturing which shortens time to market and lowers costs.

“This new design provides significant improvements at the card system level, which allow easy integration into existing hot lamination card manufacturing processes. Therefore, the architecture increases card performance, while reducing manufacturing complexity at the same time,” said Tolgahan Yildiz, head of the Payment and Ticketing Solutions product line at Infineon. “The additional interfaces and the energy efficiency of our security controller allow industrialization of high performance biometric smart cards. This fingerprint solution is yet another proof point for our continuous innovation to enable easy to use, easy to integrate, highly accurate and cost effective biometric smart cards.”

“Strong demand drivers for card-based fingerprint authentication are in place for both issuers and users of payment cards,” said Vince Graziani, Chief Executive Officer of IDEX Biometrics. “However, to date, the relatively high cost of manufacturing biometrically enabled smart cards has inhibited mass-market adoption. With TrustedBio, IDEX Biometrics has integrated a patented, highly differentiated polymer sensor into a single device delivering proprietary image capture, processing, and matching capabilities, as well as power management functions. No other biometric solution on the market offers this level of integration.”

TrustedBio delivers fingerprint images with high accurate authentication results (FRR/FAR and PAD performance) for payment applications. With the performance of the SLC38BML800, biometrically authenticated transactions are accomplished in a market-leading speed of less than 500 milliseconds. An internal clock frequency of up to 100 MHz not only enables biometric fingerprint card applications, the SLC38BML800 is very well adaptable for payment, ID, and logical and physical access. Customers using this reference design can easily address these and other authenticated applications with rapid time to market.

*ABI Research Report: Biometric Payment Cards, Dec 10, 2020

Availability

Samples of Infineon’s SLC38BML800 security controller can be ordered now, mass production is planned to start at the end of 2021. A software development kit for the reference design is available from IDEX. Samples of IDEX Biometrics’ TrustedBio solution are available, with mass production starting by the end of the third quarter of 2021. Further information about TrustedBio is available here,

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https://finansavisen.no/nyheter/teknologi/2021/12/02/7783308/idex-viser-styrke-etter-gladmelding

Kjøper litt under 4,satser på 3 tallet snart er historie👍

Idex Biometrics, Zwipe updates hint at digital currency focus, payment card launches i Juli 2020


https://citykingsholdings.com/idex-biometrics-zwipe-updates-hint-at-digital-currency-focus-payment-card-launches/

Dette som ble meldt 2 desember ...er det det du sikter til her? I første innlegg... Eller får vi noe mer i kommende uke?

Lite från Zwipe

https://zwipe.com/zwipe-talks/card-technology-strengthening-your-hand

30:30 US 😛😜

IDEX Biometrics ASA American Depositary Shares (IDBA)
Nasdaq Listed
$30.30
+1.925 (+6.78%)
DATA AS OF DEC 06, 2021 2:48 PM ET

3,95 Kr ?

30:30 * 9,8475 = 298,07625/75 =3,974

Kan någon svara ? rätt eller fel ?

1USD = NoK 9.10

Växlingskurs 9,8375

100 SEK 10,17

Forex Sv KR

Ifølge google valutakalkulator er 30,3 USD 275 nok. Som del på 75 blir 3,66nok.

27,30 er siste kurs.
man tar altså:
kurs* dollarkurs/75 = norsk kurs
men man kan ikke gå ut ifra denne kursen for omsetting er veldig liten,

Skulle ønske Nasdaq hadde større volum slik at kursen der borte kunne vært mer relevant.
https://www.nasdaq.com/market-activity/stocks/idba/real-time
Nasdaq melder 12 ADS byttet hender der borte. 🤔