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IDEX Teams With Secure Element Provider on Unified Solution for Biometric Cards

February 8, 2021

IDEX Biometrics will be working with an unnamed Secure Element provider to accelerate the commercial adoption of biometric cards. The alliance builds and expands on the existing relationship between the two companies, and will lead to the creation of a comprehensive solution that combines a Secure Element with IDEX’s TrustedBio fingerprint portfolio.

IDEX Teams With Secure Element Provider on Unified Solution for Biometric Cards

IDEX’s anonymous partner develops Secure Elements that meet the latest EMVCo specifications. The integrated system will come with all of the algorithms and software needed to manufacture a biometric payment card, as well as the TrustedBio fingerprint sensor to support secure biometric authentication.

The two companies anticipate that their system will be ready for mass production sometime in the second half of 2021. They indicated that they will create a commercial framework that incentivizes each company to sell the joint solution, and to make sure that both partners stand to benefit from doing so.

“This partnership and the relationship between IDEX and our partner are very important to cement our leading position in the payment and biometric segments and will expand our global customer and issuer reach,” said IDEX CEO Vince Graziani. “We are bringing a complete solution to enable card manufacturers and integrators to easily design biometric smart cards with enhanced security and a superior user experience at a disruptive cost point.”

IDEX has partnered with multiple Secure Element providers in an effort to strengthen its position in the biometric smart card space. China UnionPay recently certified a Goldpac payment card with a TMC Secure Element and an IDEX sensor, and IDEX has formed similar Secure Element partnerships with Infineon and Shanghai Fudan Microelectronics.

–

February 8, 2021 – by Eric Weiss

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  • China Construction Bank to Use IDEX Biometrics Sensor in Digital RMB Wallet TrialsChina Construction Bank to Use IDEX Biometrics Sensor in Digital RMB Wallet Trials
  • New IDEX Volume Order Reflect ‘Demand Acceleration’ in Biometric Cards MarketNew IDEX Volume Order Reflect ‘Demand Acceleration’ in Biometric Cards Market
  • China UnionPay Certifies Second Biometric Card with IDEX and Tongxin TechChina UnionPay Certifies Second Biometric Card with IDEX and Tongxin Tech
  • IDEX Explains How TrustedBio Reduces Manufacturing Cost of Biometric CardsIDEX Explains How TrustedBio Reduces Manufacturing Cost of Biometric Cards

Filed Under: News Tagged With: Biometric, biometric payment cards, biometrics, fingerprint biometrics, fingerprint recognition, IDEX, IDEX Biometrics, Secure Element technology, Secure Elements, TrustedBio

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