IDEX’s remote enrolment solution featured by Mastercard

By | May 1, 2018

1 May 2018 – IDEX, a leading developer of advanced fingerprint solutions for mass markets, is pleased to announce that Mastercard has been working with them in the development of a remote self-enrolment solution to enable convenient and secure mass enrolment for biometric cards.

“We are very pleased to have partnered with Mastercard to develop the remote enrolment solution that it announced today (https://newsroom.mastercard.com/press-releases/mastercard-pioneers-remote-biometric-card-enrollment/). Issuers and consumers are increasingly demanding biometric cards, and to successfully deploy this in volume there is a need for mass enrolment. The revolutionary solution announced today does not require users to enrol in a branch office, and does not need any new infrastructure,” said Stan Swearingen, CEO of IDEX. 

The innovative, low-cost process allows users to enrol conveniently by themselves. The solution can be used with both contact-based and contact-less biometric cards. The enrolment process is very safe as it takes place entirely inside the smartcard using its standard secure EMV chip with no need for an external computer, smartphone or internet connection. Convenient and cost-effective enrolment solutions which do not require users to show up physically at a branch is a key enabler for mass deployment of biometric cards.

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

Henrik Knudtzon, CFO, 
+47 930 22 827, [email protected]

About IDEX ASA:
IDEX is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company’s technology is based on a fundamentally unique architecture that delivers form factor flexibility and superior cost-performance characteristics. IDEX’s total addressable market represents a fast-growing multi-billion unit opportunity.

IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX. 

For more information, please visit www.idexbiometrics.com and follow us on Twitter @IDEXASA

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