IDEX demonstrates biometric solutions for contactless cards at Money20/20 Las Vegas

By | October 20, 2017

Oslo, Norway, 20 October 2017 – IDEX ASA, a leading developer of advanced fingerprint solutions, is demonstrating its flexible fingerprint sensor for contactless biometric cards at Money20/20 Las Vegas.

 Money 20/20 is a major FinTech event in Las Vegas opening on Sunday 22 October. IDEX will be present at the event to meet with customers and ecosystem partners, and showcase its biometric solutions to the wider industry.

 The company recently expanded its sensor solution by launching an ultra-compact matcher algorithm optimized for biometric cards. IDEX’s portfolio of solutions for biometric cards include biometric modules, which are complete and easy-to-implement, as well as biometric sensors, which give the card integrators increased flexibility in design. The company’s solutions for cards are suitable for both contact based and contact less card applications.

 IDEX’s off-chip technology enables a differentiated solution ideally suited for smart card integration. The sensors provide a larger sensing area to deliver real world usability and convenience at a significantly lower cost than competing designs being proposed in the market today. The sensor is uniquely bendable and reliable as it is made of polymer. The company’s approach has already been validated as the solution of choice for a leader in the card payment space.

 Contact:

Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, [email protected]

 Twitter: http://www.twitter.com/idexasa

 About IDEX

IDEX develops and sells advanced fingerprint sensor technology and products. The company’s technology is used in a range of biometrically enabled applications within three core markets: Smart cards, mobile, and Internet of Things (IoT). IDEX’s addressable market represents a fast-growing multi-billion unit opportunity.

 IDEX’s technology includes both the conventional silicon sensor and a unique off-chip technology, which means that the company can offer its partners solutions which are flexible and cost efficient.

 IDEX ASA (ticker IDEX) is a Norwegian company, founded in 1996 and listed on the Oslo stock exchange in 2010.

 For more information, please visit www.idex.no

 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Related posts: