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Safran Identity & Security and IDEX Partner to Commercialize First Mass Deployable Biometric Smart Cards - Safran Identity & Security and IDEX ASA, announce significant progress toward commercializing the world’s first ISO standard form factor smart cards with a touch fingerprint sensor - Safran-Identity-Security.com / IDEX.no
Safran Identity & Security and IDEX Partner to Commercialize First Mass Deployable Biometric Smart Cards

 

PRZOOM - /newswire/ - Fornebu, Norway, 2016/11/09 - Safran Identity & Security and IDEX ASA, announce significant progress toward commercializing the world’s first ISO standard form factor smart cards with a touch fingerprint sensor - Safran-Identity-Security.com / IDEX.no. OSE: IDEX

   
 
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A pilot card series has successfully passed testing. This joint solution supports the strategic biometric program of a major payment program.

Payment cards with a fingerprint sensor will make it possible to replace the entry of a PIN by simply placing a fingertip onto the card, adding convenience and security. Safran Identity & Security and IDEX have partnered to design an innovative touch fingerprint sensor and develop a scalable process for integration and volume production of ISO ID-1 form factor cards.

Safran provides the biometric card software, security expertise, and manufacturing capabilities. IDEX (idex.no) supplies the customized fingerprint sensor. The result of this collaboration is a significant breakthrough for the smart card industry in the form of a polymer touch sensor integrated into a standard thickness card that can be replicated efficiently in existing card production facilities. Moreover, the cards work with all existing standard POS (point of sales) terminals, foregoing the need of merchants to upgrade their systems.

“This partnership combines our patented off-chip flexible polymer touch technology with Safran’s world-leading biometric capabilities and its card manufacturing expertise to make biometric cards a commercial reality,” said Dr. Hemant Mardia, CEO of IDEX. “Our integrated solution has successfully passed comprehensive functional and reliability testing on a series of pilot production cards. We are now undergoing qualification of the solution under our strategic partnership in advance of expected trial programs. Subject to customer feedback and adoption, we anticipate the product will be ready for mass production in late 2016.”

“Our ambition is to simplify the everyday life of consumers. By integrating fingerprint biometrics into a payment card together with IDEX, we are enabling a smooth and secure payment experience as well as ensuring seamless integration within existing POS terminals”, commented Philippe Bertiaux, Vice President & General Manager, Payment Business Unit at Safran Identity & Security.

About Safran
Safran (safrangroup.com) is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 70,000 employees and generated sales of 17.4 billion euros in 2015. Safran is listed on Euronext Paris and is part of the CAC40 index, as well as the Euro Stoxx 50 European index.

Safran Identity & Security (safran-identity-security.com) is a global leader in identity and security solutions, deploying systems in more than 100 countries. Backed by more than 40 years of experience in biometrics, the company develops innovative technologies for the public and private sectors, including identity management, secure transactions and public security solutions.

Contact: Isabelle de BUYER
T +33(0)1 30 20 22 67 / E: isabelle.de-buyer[.]safrangroup.com.

 
 
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Agency / Source: IDEX ASA

 
 

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Safran Identity & Security and IDEX Partner to Commercialize First Mass Deployable Biometric Smart Cards

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IDEX ASA | Safran Identity & Securit
Contact: Hemant Mardia / Henrik Knudtzon - IDEX.no 
+44(0)77 8892 2171 / +4793022827 hm[.]idex.no / hk[.]idex.no
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any IDEX ASA securities in any jurisdiction including any other companies listed or named in this release.

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