Idex Biometrics receives two volume production orders for fingerprint payment cards technology
Idex Biometrics has announced a pair of volume orders for its fingerprint technology from Asian partners to supply biometric smart cards.
South Korea-based Ubivelox has placed a production order for Idex’ TrustedBio products to bring the payment cards to its customer base of more than 140 companies, as the next step in a strategic partnership formed in September. At the time, shipments were forecast for Q1 2021.
Ubivelox’ Mastercard and Visa-issuing customers across the Asia-Pacific region, in particular, are the target market, according to the announcement.
“We are excited to receive this order for TrustedBio fingerprint sensors just a few weeks after announcing our partnership with Ubivelox. IDEX TrustedBio fingerprint sensors and biometric solutions are seeing rapidly increasing demand due to our market leading cost and performance to both card manufacturers and card issuers,” says Idex Biometrics CEO Vince Graziani.
Hengbao, one of China’s largest smart card companies, has likewise placed a production order of fingerprint technology for biometric payment card manufacturing, in this case the IDX3205 sensor.
The order represents the next step in a partnership announced in 2018, Idex says.
Hengbao develops cards to the specifications of Mastercard, China UnionPay, Visa and JCB, as well as emerging digital currencies.
“We are delighted to be working with Hengbao and to have received this order for IDX3205 fingerprint sensors in preparation for upcoming pilots. Our fingerprint sensors and biometric solutions are seeing accelerating demand as they offer market-leading cost and performance benefits, to both card manufacturers and card issuers,” states Graziani.
FPC biometrics chosen by major PC-maker
Fingerprint Cards has announced a design win from a leading global PC manufacturer, which will develop a product for a planned launch in Q1 2021 with biometric technology supplied by FPC.
The product is expected to have sales in the “single-digit million range,” according to the announcement, in 2021.
Sensors from FPC have already been implemented by Acer, Asus, Google, HP, Huawei, Microsoft, and Samsung for personal computers.
The company reiterated a forecast that roughly two-thirds of a total PC market of approximately 260 million units per year, or around 170 million units, will include fingerprint sensors by 2026, as well as its ambition to supply roughly 40 percent of those sensors (which would be 68 million units).
“I am very pleased with this design win, which I believe illustrates the strength of Fingerprints’ offering for the PC market. We are poised for continued growth in this segment, providing the perfect way to add convenient and secure authentication to PCs, thus doing away with the hassle of using insecure passwords and PINs,” comments Fingerprint Cards VP Customer Engineering and Sales Haiyuan Bu.
Fingerprint Cards also recently expanded its portfolio of sensors for physical and logical access control with white and silver options.