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Oslo, Norway, 17 June 2019: a major global payment scheme in Asia has begun its certification process for biometric smart cards containing IDEX's dual-interface sensors. IDEX Biometrics ASA is the leading provider of advanced fingerprint identification and authentication solutions.
These biometric smart cards, using IDEX's SmartFinger® dual-interface sensor, have been manufactured by multiple, well-known card integrators in the region.
The certification process is being conducted by the Bank Card Testing Center ('BCTC') in Beijing. BCTC have a long and well-established reputation as an independent third-party testing house for the financial services industry. It is anticipated that the certification process will be completed in the third quarter of 2019.
Stan Swearingen, CEO of IDEX Biometrics said: 'This adds to the growing list of global payment schemes certifying biometric smart cards with IDEX technology. I'm more confident than ever that biometric smart cards are poised for mass adoption. IDEX, with its industry-leading technology, will be the partner of choice for card integrators looking to achieve high-quality biometric solutions for their customers.'
About BCTC
Bank Card Test Center was established in 1998 with the authorization of People's Bank of China and became 'National Financial IC Card Security Test Center'. As an independent third-party test service provider, against international, domestic, and financial industry specifications and standards, the main business of BCTC is to provide functional and security testing & assessment on chips, cards, acceptance terminals, mobile payment products, and payment systems, consulting and training services for global bank card and e-payment industrial stakeholders.
For more information:https://www.bctest.com
For further information contact:
Stuart Hunt, Head of Investor Relations & Communications
+44 (0)1276 534 632
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.
For more information, visitwww.idexbiometrics.comand follow @IDEXBiometrics
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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