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Biometric Authentication Solutions
IDEX Biometrics design and commercialize fingerprint sensor solutions for payments cards, digital wallets and cyber authentication.
Our solutions are available to the global payments market through our certified solutions with Visa, Mastercard and China UnionPay.
- 28 January 2025
In the Prospectus published by IDEX Biometrics ASA (“IDEX” or the “Company”) on 13 November 2024, IDEX informed that the Company had requested arbitration at the Oslo Chamber of Commerce concerning a receivable from a customer who had not yet paid. Zwipe AS (“Zwipe”), the customer in question, disclosed in its prospectus dated 4 December 2024 that it was in arbitration regarding a warranty dispute with IDEX related to the delivery of parts communicated in its annual report 2023 and that the total dispute amount was around NOK 7.1 million. The Oslo Chamber of Commerce has on 27 January 2025, rendered its decision on the matter, which is a final resolution of the dispute. Zwipe has been ordered to pay USD 702,000 excl. VAT to lDEX plus late payment interest. The warranty counterclaim from Zwipe was dismissed in its entirety. Zwipe was further ordered to compensate IDEX for its legal costs, and pay for the full arbitration costs. Zwipe shall pay IDEX the receivable and the award of legal fees within 14 days from the date of the decision. This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and section 5 -12 of the Norwegian Securities Trading Act. This stock exchange release was published by Marianne Bøe, Head of Investor Relations on 28 January 2025 at 10:05 (CET). For further information contact: Marianne Bøe, Head of Investor Relations, +47 91800186Kristian Flaten, CFO, +47 95092322 E-mail:ir@idexbiometrics.com About IDEX Biometrics IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com Trademark StatementIDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders.
- 27 January 2025
Oslo, Norway and Tokyo, Japan – 27 January 2025 – IDEX Biometrics enters a new market, together with LIFE CARD, Japan’s most innovative credit card issuer. This marks the market introduction of biometric payment cards in Japan. LIFE CARD is targeting commercial deployment in the first half of 2025. Japan is one of the largest payment markets in Asia, with a very advanced acceptance landscape which is ready for biometric smart cards. Credit cards have emerged to become the most popular alternative to cash in Japan, with 314 million cards issued. Accounting for more than 80% percent of cashless transactions, credit cards are used far more than any other digital payment instrument in Japan1. As a credit card issuer of Visa and Mastercard, LIFE CARD is commercializing premium, corporate and student card programs. Biometric payment cards will be a key differentiator and amplifier as LIFE CARD continues to lead innovation in the market. “LIFE CARD provides innovative, secure and frictionless payment solutions to our growing consumer base. Introducing the latest biometric technology and security to the Japanese market, will reinforce our market positioning, as we attract new customers and increase transactions and customer lifetime value” says Keiji Masui, President at LIFE CARD. “LIFE CARD and IDEX Biometrics are bringing more seamless and secure payments to consumers, confirming Japan’s technology and innovation leadership in payments. IDEX is committed to make card payments easier, more secure and accessible for Japanese consumers”, shared Catharina Eklof, Chief Executive Officer at IDEX Biometrics. 1Source: Statista For further information contact: Marianne Bøe, Head of Investor Relations, + 47 91800186Kristian Flaten, CFO, +47 95092322 E-mail:ir@idexbiometrics.com About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, please visit www.idexbiometrics.com About LIFE CARD Co., Ltd.Since its inception in 1952, LIFE CARD has been at the forefront of pioneering advancements in Japan’s credit system. Leveraging its rich legacy of expertise and industry insights, LIFE CARD is dedicated to providing unparalleled support and service toits partners as well as customers.As a proud member of the esteemed AIFUL Group, one of the largest non-bank financial institutions in the nation, LIFE CARD remains steadfast in its commitment to driving financial inclusivity and empowerment across diverse sectors. Through synergistic collaborations within the group, LIFE CARD endeavors to spearhead the development of multifaceted financial ecosystems, catering to the evolving needs of its partners and clientele. For more information, please visit www.lifecard.co.jp Trademark StatementIDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders. About this notice:This notice discloses inside information pursuant to the EU Market Abuse Regulation and was issued by Marianne Bøe, Head of Investor Relations, on 27 January 2025 at 13:02 CET on behalf of IDEX Biometrics ASA. The notice is published in accordance with section 5-12 the Norwegian Securities Trading Act.
- 8 January 2025
IDEX Biometrics has received an order for solution development and subsequent delivery of biometric sensor systems from US client DigAware, a product company of Emnovate, to target enterprises with its unique biometric physical access solutions across the United States and globally. With biometric authentication locally executed on the card, DigAware is making employee IDs smarter, strengthening security and improving productivity among its enterprise customers. Having digital awareness enables the business to upgrade their security posture by upgrading their ID without having to change their entire infrastructure. For the first phase of the agreement, IDEX is developing a customized biometric matching solution that fits with DigAware’s specific card architecture, including Bluetooth and RFID radios. The work is to be completed in the first quarter of 2025. Upon completion and customer acceptance, DigAware will buy 50,000 sensor systems from IDEX as part of scaling the solution. Robin Bienfait, CEO and Founder of DigAware expresses, “The IDEX Biometrics authentication system excels with its resource efficiency and performance. Partnering with IDEX Biometrics enables us to effectively meet the rapidly expanding demands of our customer base for state-of-the-art physical security solutions.” Petter Andersson, Global Head of Sales for IDEX Biometrics, shares, “As the market for secure proof of identity is growing, IDEX Biometrics is pleased to support DigAware, leveraging the competitive edge of our core platform, allowing customize build on top of our biometric system. This will bring to market highest performing physical access solutions, for the benefit of DigAware and their clients.” For further information contact: Marianne Bøe, Head of Investor Relations, +47 91800186Kristian Flaten, CFO, +47 95092322E-mail:ir@idexbiometrics.com About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. The company’s solutions provide convenience, security, peace of mind, and seamless user experiences worldwide. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, IDEX Biometrics’ biometric solutions target card-based applications for payments and digital authentication. As an industry enabler, the company partners with leading card manufacturers and technology companies to bring its solutions to market.For more information, please visit www.idexbiometrics.com. About Emnovate / DigAwareFounded by senior global executive Robin Bienfait. Emnovate is an executive advisory firm that delivers enterprise class services to any company or individual wanting to grow their existing business or build a new business model or personal career. DigAware is a product company of Emnovate. For more information, please visit www.emnovate.com Trademark StatementIDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders. About this notice: This notice was issued by Marianne Bøe, Head of Investor Relations, on 8 January 2025 at 09:00 CET on behalf of IDEX Biometrics ASA.
- 12 December 2024
Reference is made to the private placement (the “Private Placement”) completed in IDEX Biometrics ASA (the “Company”) on 17 September 2024, and to the subsequent offering completed in the Company on 29 November 2024 (the “Subsequent Offering”). The subscribers in the Private Placement and the Subsequent Offering were allocated two warrants, Warrants A and Warrants B (collectively, the “Warrants”), respectively, issued by the Company for every two Offer Shares allocated to, and paid by, them in the Private Placement and the Subsequent Offering. As previously announced by the Company, the Company shall use reasonable efforts to seek to ensure that the Warrants are admitted to trading on Euronext Oslo Børs. The Warrants will be admitted to trading on Euronext Oslo Børs on 12 December 2024. The Warrants have already been allocated to the subscribers of the Private Placement and the Subsequent Offering and will be tradable. Warrants A will be tradable from 12 December 2024 until 7 March 2025. Warrants B will be tradable from 12 December 2024 until 7 April 2025. Warrants A may only be exercised within the first 14 days following the Company’s announcement of its Q4 2024 financial report (announcement expected on 27 February 2025, and the expected exercise period is between 28 February 2025 and 13 March 2025), and all Warrants A not exercised within such period will lapse without compensation to the holder. Warrants B may only be exercised from 31 March 2025 to 11 April 2025, and all Warrants B not exercised within such period will lapse without compensation to the holder. Each Warrant will give the holder a right to subscribe for one new share in the Company at a subscription price of NOK 0.15. The Warrants are expected to have an economic value. For more information relating to the Warrants, please refer to the Prospectus approved and published by the Company on 13 November 2024. For further information contact: Marianne Bøe, Head of Investor Relations Kristian Flaten, CFOE-mail: ir@idexbiometrics.com Tel: +47 6783 9119 About IDEX Biometrics IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com (http://www.idexbiometrics.com) About this notice:This notice was issued by Marianne Bøe, Head of Investor Relations, on 12 December 2024 at 07:30 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.
- 10 December 2024
Reference is made to the stock exchange announcement by IDEX Biometrics ASA (the “Company”) on 2 December 2024 regarding the completion of the subsequent offering in the Company raising gross proceeds of approximately NOK 3.9 million by issuance of 26,160,420 new shares (the “Offer Shares”). The share capital increase pertaining to the issuance of the Offer Shares has duly been registered in the Norwegian Register of Business Enterprises. Following the share capital increase, the Company’s share capital is NOK 124,736,546.10 divided into 831,576,974 shares, each with a nominal value of NOK 0.15. For further information contact:Marianne Bøe, Head of Investor RelationsKristian Flaten, CFOE-mail: ir@idexbiometrics.comTel: +47 6783 9119 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com About this noticeThis notice was issued by Marianne Bøe, Head of Investor Relations, on 10 December 2024 at 12:45 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to section 5‑8 of the Norwegian Securities Trading Act (STA) and released in accordance with section 5‑12 of the STA.
- 2 April 2024
In today’s digital age, citizens across the world are concerned about the ownership of identity. Nowadays, almost 90% of individuals think that one of the biggest threats to society is the infringement of someone’s right to privacy. And, as the world becomes more and more digital, this is having a significant impact on how we handle data.
- 3 January 2024
Download our latest eBook and embark on a journey towards a world powered by biometrics. Discover how digital ID offers unparalleled convenience, security, and inclusivity and how biometric smart cards bridge the digital divide for an inclusive digital economy.
- 26 August 2024
Norway-based card manufacturer IDEX Biometrics has announced that its IDEX Pay was certified by Visa via the latter’s VBSS biometric payment application. Including the IDEX Biometrics card operating system and a fingerprint sensor with Infineon’s SLC38 secure element, the IDEX Pay biometric solution successfully passed Visa’s certification leveraging Visa’s VBSS biometric payment application. The receipt of the Visa certification follows comprehensive biometric performance testing and ensures that the payment’s scheme functional and security features are met. In addition, the certification confirms that IDEX Pay is prepared for scaled commercialisation on the Visa payment network. Currently having over 3 million Visa cards in circulation and a solid market position in APAC, Latin America, and Africa, the certification supports the capabilities of card manufacturers worldwide. Read more
- 20 August 2024
Catharina Eklof has been appointed as the new Chief Executive Officer of Idex Biometrics, following a successful three-year period as the company’s Chief Commercial Officer. During her tenure, Eklof played a pivotal role in transforming Idex from a component supplier into a prominent provider of biometric solutions. Read more
- 15 August 2024
TaluCard, in collaboration with IDEX Biometrics and a UK-based issuer, has launched a new biometric payment solution designed to improve accessibility and security. This initiative aims to improve payment experiences, particularly for individuals with visual impairments and older adults Read more
- 18 June 2024
BCC has obtained the Letter of Approval (LoA) from Mastercard for its biometric payment card built on the IDEX Pay platform, allowing the issuance and deployment of biometric cards globally. With an annual production of 121 million payment cards, BCC is one of the top 10 smart card manufacturers globally, specialized in the manufacturing, personalizing, and packaging of payment and multiple-application cards. IDEX Pay based biometric smart cards complete BCC’s offering of eco sustainable card solutions in Asia and globally. Read more
- 14 May 2024
A collaboration between Money Carer, Tag Systems, and Fingerprint Cards has led to the development of a biometric-enabled carer card aimed at enhancing security measures in financial management for individuals unable to handle their finances independently. Money Carer, known for its financial services catering to vulnerable individuals in the UK, plays a key role in this partnership by focusing on the enhancement of the existing card for personal care workers. Read more
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