Toshiba Corporation has placed its first production order for biometric card
platform from IDEX Biometrics, marking the commercialization of our multi-year
partnership in Japan.
IDEX cards eliminate passwords and PINs by using fingerprint authentication
directly on the card. This Zero Trust security approach stops security and
identity breaches before they happen while making access faster and easier for
users.
Japan's Identity and Access Management market is worth billions and growing
14.3% annually, driven by increasing cyber threats and digital transformation
needs.
"We're excited to see Toshiba launch with our technology," said Anders
Storbråten, CEO of IDEX Biometrics. "This partnership shows how organizations
can reset their security with biometric cards that users actually want to
use."
Contacts
Anders Storbråten, CEO and CFO, Tel: +47 416 38 582
E-mail: ir@idexbiometrics.com
About Us
IDEX Biometrics ASA (OSE: IDEX) is shaping the future of access and payments.
IDEX Biometrics is advancing the future of access and payments with
identity-first biometrics. With over a decade of proprietary innovation, our
solutions are proven in the field, globally certified, and trusted by leading
financial institutions. We serve enterprises, the public sector, banks, and
issuers directly and through partners, delivering secure, seamless experiences
in digital and physical access and payments.
For more information, visit www.idexbiometrics.com
(http://www.idexbiometrics.com/)