Iris Corporation and Zwipe to investigate potential biometric smartcard applications in Malaysia

Iris Corporation is partnering with Zwipe to look into the potential for biometric smartcard applications and ways the two companies can work together to promote the technology in Malaysia, according to a report in The Edge Markets. “Iris has been in trusted ID for over 20 years and our facilities are all geared towards trusted ID,” explained Iris Corporation co-founder and technical adviser Chas Yap. “Zwipe, on the other hand, is pure payments and they’re an IP company as well.

IRIS to undergo corporate restructuring plan to deliver sales growth for shareholders

IRIS Corporation Berhad has formed a corporate restructuring plan (CRP) aimed at delivering deliver sustainable, profitable sales growth and long-term value creation for shareholders. The CRP was discussed with Felda Investment Corporation (FIC), which has a 21.33 percent share in IRIS, and the Felda Board at the request of its chairman, Tan Sri Shahrir Abdul Samad. The plan was positively received and endorsed by both FIC and Felda Board. There are three key priorities detailed in the plan, starting with

Iris Corp to supply 10 million biometric identification cards to Senegal

Digital identity and business solutions company IRIS Corporation has won an $84M USD contract from the Senegal government to produce and supply 10 million new multi-application biometric identity cards based on contactless chip technology and 10 fingerprint biometry over the next five years, according to a report by The Star Online. In a filing with Bursa Malaysia earlier this week, the company made this statement: “The contract is expected to contribute positively to Iris’ earnings for the financial year ending

IRIS to provide ePassport to Solomon Islands

IRIS Corporation announced it has secured a US$22 million contract to provide the next-generation ICAO compliant ePassports with biometrics technology to the government of Solomon Islands. The new ePassport program will enable citizens of the Solomon Islands to convert the manual passport book into an ePassport to facilitate a more seamless travel experience. The use of IRIS’ fingerprint technology will help to reduce waiting times and efficiency in flight bookings, check-ins and arrival check-in procedures. The new travel document will