IDEX joins the FIDO Alliance to create secure standards for strong authentication
Press release
IDEX joins the FIDO Alliance to create secure standards for strong authentication
IDEX joins forces with major industry players to ensure interoperability standards and improve user convenience.
Oslo, Norway, 22 October 2013: IDEX ASA joins the Fast IDentity Online (FIDO) Alliance. IDEX will be a Sponsor member and participate in the definition of protocol standards for secure authentication.
“Being a Sponsor member of the FIDO Alliance provides us an ideal opportunity to collaborate with the major industry leaders who are now defining protocol standards for secure user verification. Biometrics, such as fingerprint sensors and other multifactor authentication methods, play a key role in the FIDO framework, which will extend strong authentication to mobile devices and applications to effect a simpler, more secure and private user experience,” said Dr. Hemant Mardia, CEO of IDEX.
The FIDO Alliance focuses the industry cooperatively on delivering standard protocols for secure authentication. Established in 2012, The FIDO Alliance seeks to remedy the lack of interoperability among strong authentication solutions, from devices to Relying Party (RP) server-side management and risk controls. FIDO also seeks to solve the problems that users face with creating and remembering multiple usernames and passwords. This effort is being driven and has support at the Board level by industry leaders, such as Google, MasterCard, Lenovo and PayPal.
“The FIDO Alliance welcomes our newest sponsor member IDEX as a strong global collaborator and innovator in mobile authentication,” said Michael Barrett, president of the FIDO Alliance. “IDEX has a unique cross-licensing capacitive fingerprint sensor agreement with Apple and works closely with our sponsor FingerQ’s parent, World Wide Touch Technology. We continue to seek and enlarge our global membership with organizations like IDEX that are capable, connected and determined to deliver better authentication that is more secure, private, and easier to use.”
Consumers are demonstrating interest in and demand for strong authentication methods that are affordable and easy to use, especially in mobile devices and mobility applications. Last month, Apple released its Touch ID technology in its new iPhone 5S. “Smartphone vendors other than Apple hold more than eighty-five per cent of the market, and IDEX is one of three principal suppliers positioned to serve that market,” added Dr. Mardia.
“Standardization will further accelerate the market growth. We look forward to sharing our expertise and associating our fingerprint technology with standards that ensure simple and secure user verification,” said Øyvind Sløgedal, VP of Business Development at IDEX.
Web: www.idexbiometrics.com
Twitter: http://www.twitter.com/idexasa
LinkedIn: http://www.linkedin.com/company/idex-asa
Press contacts
Hemant Mardia, CEO, +44 7788 922 171, hm(at)idexbiometrics.com
Øyvind Sløgedal, VP Business Development, +47 9089 5410, os(at)idexbiometrics.com
About the FIDO Alliance
The FIDO (Fast IDentity Online) Alliance, www.fidoalliance.org, was formed in July 2012 to address the lack of interoperability among strong authentication technologies, and remedy the problems users face with creating and remembering multiple usernames and passwords. The Alliance plans to change the nature of authentication by developing standards-based specifications for better authentication that define an open, scalable, interoperable set of mechanisms that reduce reliance on passwords. Better authentication is stronger, private, and easier to use when authenticating to online services.
About IDEX
IDEX ASA specialises in fingerprint imaging and recognition technology. IDEX’s vision is to ensure individuals a safe, secure, and user-friendly use of personal ID. IDEX has developed the award-winning SmartFinger® technology platform based on the Company’s core intellectual property, including the patented fingerprint imaging principle, sensing scheme and chip design. Combined with core software solutions for imaging and authentication, the SmartFinger technology enables on-device enrollment, template storage and verification within the very same module. SmartFinger solutions can be seamlessly integrated into a variety of embedded applications such as mobile phones, one-time password devices, Smartcards, payment and ID cards, payment terminals, access control devices and biometric security and login tokens.
IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Axess marketplace on the Oslo Børs (Oslo stock exchange). For more information, please visit www.idexbiometrics.com or contact IDEX at mailbox@idexbiometrics.com
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