January 9, 2018 -
IDEX is rapidly progressing toward commercialization of its contact-based biometric payment cards, with volume shipments expected following the completion of the certification process which is anticipated in Q2 2018, the company announced.
As the certification process takes place, IDEX has been making commercial launch preparations with its previously announced partners and carrying out commercial trials with other end customers. Biometric cards are gaining momentum from innovation in the space, IDEX says, including its self-enrol solution, matcher algorithm and 13×13 sensor.
IDEX expects its previously-launched sensor for dual-interface cards to be integrated into ISO cards in the first half of 2018. The company also sees market opportunities independent from the certification process, including from the partnership previously announced with Feitian Technologies and other Asian partners, and expects to receive product orders from them in the first half of 2018.
As previously reported, IDEX will host an investor presentation at CES on Wednesday.