IDEX enters innovation agreement


IDEX has signed an agreement with its major global payment partner to deliver advanced biometric technologies for its payment card products. As part of the agreement, IDEX will be paid against specific roadmap milestones over the next six months.

The company says that as part of its objective to reinforce its position in the biometric card market, it is continuing to aggressively develop new technologies for advanced biometric solutions. It adds: “IDEX is already offering system solutions beyond physical sensors to include advanced power management, compact matcher algorithms, seamless enrolment and sophisticated security features. Through co-development with the biggest players in the card ecosystem, the company is now able to offer leading-edge biometric solutions to major card integrators world-wide.”

“We are really pleased that a key partner has made this strong commitment to our technology vision and product roadmap,” says Dr Hemant Mardia, CEO of IDEX. “This relationship is a real recognition of the deep biometric expertise we have created at IDEX and that we can now deliver this into the market as a sensor solution partner. We fully expect this relationship to kick-start the monetisation of the technologies we have invested in over the last three years.” 

Related articles

Subscribe to our free newsletter
Follow us on Twitter
Join us on LinkedIn

IDEX enters innovation agreement
IDEX enters innovation agreement

Latest Features & Interviews

Interview: Sean Farrell, Head of Portfolio Management, Government Solutions, SITA

Planet Biometrics discussed the future of biometric travel technology with Sean Farrell, head of Portfolio Management, Government Solutions, SITA.

Interview: Get Group's Gerald Hubbard

Ahead of connect:ID 2017, Security Document World took time-out to speak to Gerald Hubbard, director of business development  at Get Group

White paper: Slovakia prototypes mobile electronic identification (MeID) solution

Empowering e-government by shifting to smart cards is accelerating the arrival of a new era of mobile identity and electronic documents.

More articles >>
Share |

Sponsored Links

SDW Conference and Exhibition
SDW is a world-leading conference and exhibition providing a global showcase for next-generation secure credentialing solutions.

Milipol Paris 2017 21-24 Nov 17
UK Security Expo 29-30 Nov 17
Border Security Expo 2018 31 Jan 18 - 02 Feb 18
connect:ID 2018 Event supported  by Planet Biometrics 30 Apr 18 - 02 May 18
SDW 2018 Event supported  by Planet Biometrics 25-27 Jun 18