IDEX Biometrics

ID Talk Podcast: Demystifying Biometric Smart Card Misconceptions with IDEX Biometrics

ID Talk Podcast: Demystifying Biometric Smart Card Misconceptions with IDEX Biometrics

November was Biometric Smart Cards Month at our sibling site Mobile ID World, so on the latest episode of the ID Talk Podcast, host Peter Counter spoke with David Orme, Senior Vice President of Sales and Marketing for IDEX Biometrics, about the misconceptions around biometric payment cards. IDEX Biometrics is completely focused on developing useful,…

IDEX Biometrics Secures $9.9M Through Private Placement

IDEX Biometrics Secures $9.9M Through Private Placement

IDEX Biometrics has obtained subscriptions for 120 million new shares in a private placement, the company has announced. The shares were priced at NOK 0.75 each, allowing the company to raise NOK 90.0 million, or about $9.9 million USD, in total. In pursuing the private placement, IDEX’s Board of Directors decided to waive existing shareholders’…

DongWoon ID Cards Secured by IDEX Biometrics

DongWoon ID Cards Secured by IDEX Biometrics

IDEX Biometrics has announced that it will be supplying the fingerprint sensors for a new biometric ID card from DongWoon Anatech. The new cards are designed for access control, and will specifically leverage IDEX’s SmartFinger IDX 3200 dual-interface fingerprint sensor. DongWoon is a South Korea-based supplier of biometric algorithms, and will partner with a third-party card…

IDEX Highlights Payment Card Progress in Q3 Update

IDEX Highlights Payment Card Progress in Q3 Update

“Industry participants and analysts believe 2020 will [be] the year where the market moves from one defined by pilots, towards mass commercial deployments.” That’s one of the key takeaways from IDEX’s latest quarterly update, in which the company has reported significant progress in the journey toward commercialization of its fingerprint biometrics tech for the next…

OTCQB Venture Market Offers US Opening for IDEX Biometrics

OTCQB Venture Market Offers US Opening for IDEX Biometrics

IDEX Biometrics has made its debut on the OTCQB Venture Market exchange, trading under the ticker symbol IDXAF. Operated by OTC Markets Group, the OTCQB is an over-the-counter stock trading market in which securities that aren’t listed on major stock exchanges are traded through a network of dealers. As IDEX explained in a statement announcing…

IDEX Restructuring in Response to Evolving Biometric Card Environment

IDEX Restructuring in Response to Evolving Biometric Card Environment

IDEX Biometrics has announced that the company will be restructuring in an effort to reduce its operating costs. The restructuring will take place in the fourth quarter of 2019, and is expected to lower the company’s break-even shipments point by 50 percent. According to IDEX CEO Stan Swearingen, the changes reflect the unpredictable nature of…

News Roundup: FindBiometrics’ Most Popular Articles

News Roundup: FindBiometrics’ Most Popular Articles

This week’s roundup of FindBiometrics’ most popular articles once again offers a varied assortment of topics, sectors, and technologies. First up is IDEX Biometrics’ news that it is preparing to fulfill a multi-year, multimillion-dollar order of its dual-interface fingerprint sensor technology. The company has been strongly focused on the emerging area of biometric payment cards…

IDEX Biometrics Gearing Up to Fulfill Massive Fingerprint Tech Order

IDEX Biometrics Gearing Up to Fulfill Massive Fingerprint Tech Order

“Its biometric technology will be leveraged in a biometric access control security solution, and to that end, IDEX is delivering its sensors ‘to one of the world’s largest electronics manufacturing service companies in order to qualify their manufacturing process,’” IDEX Biometrics is gearing up for the fulfillment of a multi-year, multi-million dollar order for its…

IDEX Biometrics Granted UK Patent for On-card Enrollment Solution

IDEX Biometrics Granted UK Patent for On-card Enrollment Solution

IDEX Biometrics has been granted another important patent pertaining to its on-card enrollment solution for biometric cards, this time from the UK Intellectual Property Office. In announcing the latest patent approval, IDEX indicated that the filing concerned is “in the same patent family” as on-card enrollment patents approved by the Australian patent authority and by…

Chutian Dragon Licenses IDEX’s Remote Enrollment Solution for Biometric Cards

Chutian Dragon Licenses IDEX’s Remote Enrollment Solution for Biometric Cards

IDEX Biometrics has sealed a licensing deal with one of its prominent APAC partners. The company has announced that Chutian Dragon has purchased a license for the use of IDEX’s biometric enrollment technology for biometric cards. IDEX first teamed up with Chutian Dragon last November. Chutian Dragon is a major China-based card maker certified by…

IDEX Biometrics to Present at APSCA Next-Generation Cards Conference

IDEX Biometrics to Present at APSCA Next-Generation Cards Conference

IDEX Biometrics will be making an appearance at the APSCA’s third annual Next-Generation Cards conference and exposition in Singapore. The event will run from October 15-16, and will focus on the evolving payment and identity card ecosystem facing card issuers and manufacturers. To that end, Hunter Hu will be giving a presentation about biometric smart…

IDEX Biometrics Execs Double Down on Share Purchases, and Then Some

IDEX Biometrics Execs Double Down on Share Purchases, and Then Some

Recently appointed executives with IDEX Biometrics have continued to purchase large quantities of shares in the company after initial transactions last week. The latter were conducted shortly after a second quarter update from IDEX highlighting its progress in advancing its interests in the emerging biometric payment cards market. A fingerprint sensor specialist, IDEX has been…

IDEX Biometrics Execs Make Large Share Purchases

IDEX Biometrics Execs Make Large Share Purchases

A pair of IDEX Biometrics executives have bought significant share holdings in the Norwegian fingerprint sensor specialist, according to mandatory trade notices from the company. Two of the notices concern Stephen A. Skaggs, a member of IDEX’s board. One notice, issued August 21st, attests that Skaggs “bought 50,000 shares in IDEX in the Oslo Børs…

IDEX Emphasizes Smart Card Progress in Q2 Update

IDEX Emphasizes Smart Card Progress in Q2 Update

IDEX Biometrics has issued its corporate update for the second quarter and first half of 2019, emphasizing the progress the fingerprint biometrics specialist has made in positioning itself in the emerging biometric payment cards market. Highlights in the update include the establishment of IDEX’s largest customer commitment to date – a multi-year, multimillion dollar deal…

IDEX Biometrics to Post Q2 Results on August 15

IDEX Biometrics to Post Q2 Results on August 15

“IDEX says its conference call will be hosted by Chief Executive Officer Stan Swearingen and Chief Financial Officer Derek D’Antilio.” IDEX Biometrics will publish its Q2 results on Thursday, August 15th, the company has announced. The results will arrive alongside a conference call scheduled for 15:00 CET. In announcing the Q2 update schedule, IDEX did…

IDEX Biometrics, Feitian Team Up On Inlay Solution for Biometric Cards

IDEX Biometrics, Feitian Team Up On Inlay Solution for Biometric Cards

“It’s the latest development in the rapidly escalating biometric cards race, with multiple companies spanning the biometrics and payments industries seeking to get ahead of the emerging trend of fingerprint-scanning payment cards.” IDEX Biometrics has teamed up with Feitian on biometric smart card manufacturing. The companies have signed a new agreement that will see IDEX…

SC Magazine: Biometrics Experts Document the Decline of Passwords

SC Magazine: Biometrics Experts Document the Decline of Passwords

A growing number of organizations have begun to document the decline of passwords and the rise of biometric authentication. At least, that’s the takeaway from a new article from SC Magazine that gathers similar reports from a roster of biometrics experts, including Kaspersky Labs, Duo Security, Frost & Sullivan, and IDEX Biometrics. The article specifically…

Manufacturing Standards Achievement Positions IDEX For Mass Production of Biometric Cards

Manufacturing Standards Achievement Positions IDEX For Mass Production of Biometric Cards

“With the manufacturing standards achieved, and the capacity of the production line, I am confident that biometric smart cards are ready for mass production and volume delivery to customers.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics has achieved an important milestone in the biometric payment cards race, thanks to one of its customers. The…

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