IDEX's remote enrolment solution featured by Mastercard
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, ck@idexbiometrics.com
Henrik Knudtzon, CFO,
+47 930 22 827, henrik.knudtzon@idexbiometrics.com
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.