Global Banking & Finance Review: Hengbao and IDEX Biometrics partner to introduce biometric smart cards in South East Asia
25 September 2018
Hengbao, one of the biggest card companies based in China, covering the banking, telecoms and security sectors, has announced a partnership with IDEX Biometrics (IDEX ASA), the leading provider of advanced fingerprint identification and authentication solutions. The two companies have partnered to introduce contact based biometric smart cards across the Asian market, with future plans to trial dual-interface cards. Hengbao supports cards for multiple payment network specifications, including Mastercard, China Union Pay, VISA, and JCB.