Idemia receives award for biometric smart cards innovation, Idex Biometrics reveals certification details
Idemia has been recognized by Frost & Sullivan with the “2019 Best Practices Award” for growth, biometric innovation and leadership in the Global Smart Cards Market, the company announced.
The growing interest in banking cards, government eIDs and SIM cards has made the smart cards market develop rapidly and become competitive. Idemia says it is maintaining its market leader position due to its innovative products and experience with smart cards and biometric technology.
Frost & Sullivan Best Practices awards are given to companies following extensive industry analysis and comparison of multiple players’ performance. Idemia was chosen out of 12 companies, and specifically recognized for the high security standards in its smart cards.
By purchasing the metal payment cards patents from X-Core Technologies, Idemia expanded its contactless card payment portfolio to provide technology for both traditional banks and FinTechs. Idemia’s pledge to safeguard mobile subscriber privacy with 5G SIM cards so government and private online service can be accessed with eID cards also contributed to the company receiving the award.
“It is a great honor to have been awarded by Frost & Sullivan for our innovative spirit,” said Yann Delabrière, president and CEO at Idemia, in a prepared statement. “Idemia is proud to present cutting-edge smart card products and to offer its expertise in those technologies that build a more secure and more convenient future for consumers and citizens alike.”
“Idemia offers its customers cutting-edge security solutions, fulfilling the needs in authentication, data protection, data encryption, and physical and logical access for the payment, telecom and identity markets,” said Nandini Bhattacharya, industry manager at Frost & Sullivan, in the statement. “With recent product innovation in smart cards and its advanced biometric capabilities, Idemia is well placed to lead the market with high-end product offerings and services.”
Idemia recently selected Idex Biometrics as the biometric sensor provider for its smart cards.
Idex Biometrics reveals UnionPay certification secure element partner
Tongxin Microelectronics (TMC) has been revealed as the secure element supplier for the biometric payment card featuring fingerprint biometrics from Idex which was the first certified by China UnionPay.
The certification of Idex Biometrics’ technology to UnionPay, the largest card network in the world, was announced weeks ago.
TMC is a leading supplier of secure elements in China, focused on the smart card market. TMC and Idex Biometrics originally partnered up just under a year ago to collaborate and accelerate the adoption of biometric smart cards, and the certification leverages that collaboration.
“This certification uses TMC’s most advanced secure element and we expect to see it in many biometric cards in the future. When combined with IDEX’s TrustedBio solution it enables a high performance solution which fully leverages the level of flexibility and integration in our next generation product to provide the lowest cost solution and industry leading performance,” states Vince Graziani, CEO of IDEX Biometrics.
Idex Biometrics says partnerships with leading secure element suppliers to simplify the development process for card manufacturers is a key part of its smart card strategy.
“We are excited to start seeing the results of the collaboration with IDEX Biometrics and to take the reference design to our customers. We see IDEX as a critical partner for driving the adoption of biometric cards, especially in China and the broader Asia Pacific region,” comments TMC Vice President John Zou. “We are looking forward to continued success with their next generation solution.”
biometric cards | biometrics | certification | Frost & Sullivan | IDEMIA | Idex Biometrics | secure element | smartcards | stocks