IDEX

Here’s How Biometric Technology is Shaping the Future of IoT

Here’s How Biometric Technology is Shaping the Future of IoT

“With biometric technology, IoT providers can ensure data security across an entire network without increasing the burden on the end user.” IDEX Biometrics has continued its blog series on the Internet of Things with a look at the way that biometric technology is shaping the IoT market. In the post, IDEX CFO Henrik Knudtzon explains…

The Week’s Most-Read Biometrics News: March 16-22

The Week’s Most-Read Biometrics News: March 16-22

This week’s most-read articles on FindBiometrics cover a range of topics, including liveness detection, security in the Internet of Things, and even a bit of biometrics controversy. First, though, some good news. Despite incursions from facial recognition in the wake of Apple’s launch of Face ID, the overall fingerprint biometrics market is going to continue…

IDEX: Biometric Authentication Will Be Vital for IoT Security

IDEX: Biometric Authentication Will Be Vital for IoT Security

The Internet of Things will allow us to share more information at faster speeds on whatever device happens to be most convenient at the time. However, that convenience also comes with risk. When everything is connected to the internet, the security of the network is only as strong as its weakest link. Sure, your smartphone…

IDEX Announces Executive Changes

IDEX Announces Executive Changes

IDEX Biometrics has announced multiple changes in its executive-level leadership structure. Two of the changes stem from the creation of a new position within the company – Chief Innovation Officer. Fred Benkley, who previously served as IDEX’s Chief Technology Officer, has stepped into this role; and consequently Anthony Eaton, previously the VP of Systems Engineering,…

IDEX Emphasizes Strong Position on Biometric Cards in Q4/2018 Update

IDEX Emphasizes Strong Position on Biometric Cards in Q4/2018 Update

IDEX has issued its Q4 and year-end report for 2018, asserting that it’s well-positioned to take advantage of a biometric card market expected to boom. In terms of financial results, IDEX saw NOK 373,000 in revenues in the fourth quarter, compared to revenues of NOK 2,464,000 in Q4 of 2017. Revenues for the full year…

MWC 2019: XH Smart Tech Showcases IDEX’s Bimetric Payment Card Tech

MWC 2019: XH Smart Tech Showcases IDEX’s Bimetric Payment Card Tech

“In a statement announcing the MWC showcase, IDEX emphasized that its card solution does not require a battery or internal power source. “ IDEX‘s biometric payment card technology is being demoed live this week at the Mobile World Congress in Barcelona. The showcase is thanks to XH Smart Tech, which IDEX teamed up with in…

Biometrics Are The Next Logical Step For Cryptocurrency: IDEX

Biometrics Are The Next Logical Step For Cryptocurrency: IDEX

IDEX is dispelling some misconceptions about cryptocurrencies after doing the same for biometric payment cards and financial inclusion. In the first entry of the company’s latest blog series, IDEX Senior Vice President David Orme argues that biometric authentication is the next logical step for cryptocurrency expansion.   According to Orme, biometric technology solves one of…

IDEX Explains How Biometric Authentication Will Make Banking More Inclusive

IDEX Explains How Biometric Authentication Will Make Banking More Inclusive

In the latest and concluding entry to its blog series on Biometrics for Financial Inclusion, IDEX Biometrics explained how biometric authentication will make it easier for people around the world to gain access to secure financial services. That can be particularly valuable to those with literacy issues, many of whom lack the traditional credentials that many…

IDEX Biometrics Partners with Chinese Card Integration Leader Goldpac Group

IDEX Biometrics Partners with Chinese Card Integration Leader Goldpac Group

“It’s beyond doubt that the market for biometric cards will ramp significantly in 2019. During the second half of 2018 a vast range of card integrators have geared up their efforts to commercialize biometric cards which will provide simple, secure and personal authentication for all. We see especially strong pull in China, and we are…

IDEX Raises $25M USD Through Private Placement

IDEX Raises $25M USD Through Private Placement

IDEX Biometrics has completed a $25 million USD private placement, the company has announced. The NOK 214 million deal entailed the sale of 53,437,500 shares to existing shareholders including Invesco, Woodford Investment Management, and members of the company’s management team and board of directors. In a statement announcing the private placement, IDEX asserted that it…

IDEX CEO Explains How Biometric Payment Cards Will Make Banking More Inclusive

IDEX CEO Explains How Biometric Payment Cards Will Make Banking More Inclusive

Most prognosticators expect biometric payment cards to be one of the fundamental building blocks of the future economy. IDEX Biometrics is well positioned as a key player in that field, unveiling its latest payment card at APSCA Digital Commerce Asia Pacific in Kuala Lumpur. Now, IDEX is trying to demystify its new technology with a…

IDEX to Show Off Biometric Card Solutions at APSCA Digital Commerce Asia Pacific

IDEX to Show Off Biometric Card Solutions at APSCA Digital Commerce Asia Pacific

IDEX Biometrics will attend the APSCA Digital Commerce Asia Pacific event in Malaysia next week, the company has announced. The APSCA event offers an opportunity for the company to showcase its fingerprint sensor technology for dual-interface biometric payment cards to a financial services crowd, with IDEX having joined the Asia Pacific Smart Card Association last…

IDEX Biometrics Gives Its Tech a New Name

IDEX Biometrics Gives Its Tech a New Name

“Our SmartFinger fingerprint technologies are highly secure, customizable and deliver a strong biometric performance whilst ensuring an outstanding user experience.” – Stan Swearingen, CEO, IDEX Biometrics A longtime leader in the biometrics industry has finally given its fingerprint sensor solutions their own name: IDEX Biometrics has announced that the technology will be sold under the…

IDEX Aims for Dynamic Displays for Biometric Cards with Latest Partnership

IDEX Aims for Dynamic Displays for Biometric Cards with Latest Partnership

“The display can be used for a range of features including dynamic CVV to address card-not-present fraud, user-specific information such as account balance, or to provide feedback when enrolling the fingerprint.” – Stan Swearingen, CEO, IDEX Biometrics With fingerprint-scanning payment cards still in the trial phase, IDEX Biometrics appears to already be looking ahead to the…

IDEX Partners with China-Based Smart Card Specialist Excelsecu

IDEX Partners with China-Based Smart Card Specialist Excelsecu

“Together, the companies will develop ‘battery-less dual-interface biometric cards with display,’ according to a statement from IDEX.” IDEX Biometrics has a big new partner in the China market for its biometric card efforts. The company has teamed up with Excelsecu, a Shenzhen-based security solutions provider specializing in security solutions including FIDO-based security keys, One-Time Password…

Feitian Teams with Fingerprint Cards for Biometric Sensor Tech

Feitian Teams with Fingerprint Cards for Biometric Sensor Tech

Fingerprint Cards and Feitian have teamed up on biometric cards, announcing that the former’s T-Shape fingerprint sensor module will be incorporated into Feitian’s contactless payment cards. It’s the latest twist in the rapidly evolving biometric payment cards industry, with Feitian previously having collaborated extensively with another fingerprint sensor specialist, IDEX. The two companies first announced…

IDEX Teams with Chinese SE Specialist on Reference Design for Biometric Cards

IDEX Teams with Chinese SE Specialist on Reference Design for Biometric Cards

IDEX Biometrics has partnered up with CEC Huada Electronic Design Co., or HED, a China-based Secure Element specialist. The two companies will work together on a reference design for biometric smart cards. The partnership was announced on the closing day of this year’s Trustech event in France, where IDEX representatives are on hand alongside other…

IDEX, Infineon Team Up On Biometric Card Tech

IDEX, Infineon Team Up On Biometric Card Tech

“…the companies emphasized the power efficiency of Infineon’s Secure Elements, asserting that they can support contactless transactions “at significantly below 300ms”, allowing transactions to be performed in under a second.” IDEX Biometrics has become the latest fingerprint sensor specialist to team up with Munich-based Infineon on biometric cards. The companies have announced a partnership in…

IDEX, Key Partners to Promote Biometric Cards at Trustech

IDEX, Key Partners to Promote Biometric Cards at Trustech

“IDEX will be represented at the event by Sales and Marketing VP David Orme and Product Management Director Jerome Chavanel.” IDEX Biometrics is going to attend this week’s Trustech 2018 event in France together with two important partners – Feitian and Chutian Dragon. The former has developed a dual interface biometric payment card featuring an…

Major China UnionPay Supplier Embraces IDEX Biometric Card Technology

Major China UnionPay Supplier Embraces IDEX Biometric Card Technology

“Chutian Dragon could therefore become a key ally in IDEX’s efforts to get its fingerprint sensor technology into major, large-scale launches of biometric payment cards, especially in China.” IDEX Biometrics has a big new production and sales partner for its biometric payment card technology. The company has teamed up with Chutian Dragon Co., a China-based firm…

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