Biometric technology is poised to once again be a major focus at next week’s Money20/20 event, providing a clear opportunity for IDEX. The company will be on hand to showcase its biometric solutions for contactless cards, soon after its smart card sensors went into sampling.
In a statement, the company indicated that it will demo its flexible fingerprint sensor technology for Money20/20 attendees, which could help to generate considerable buzz given the growing excitement around biometric payment cards and other biometric smart card solutions. IDEX’s solution meets the ISO14443 standard, and consumes under 25mW of energy when scanning a user’s finger.
In its statement announcing its Money20/20 demos, IDEX also asserted that its “approach has already been validated as the solution of choice for a leader in the card payment space,” possibly referring to Mastercard’s use of its technology in its new biometric payment cards, which it trialed this year. And the company added that it will take the opportunity of Money20/20 to “meet with customers and ecosystem partners.”
Money20/20 will run from October 22nd to 25th in Las Vegas.