FB pixel

Idex Biometrics partners with Softlock on ID, access, payment cards for Asia, MENA

Vince Graziani discusses benefits of biometric cards for children
 

biometric cards idex biometrics

Idex Biometrics and Softlock have entered a collaboration aimed at developing and delivering biometric cards for identity management, access control and payment authentication applications in the Middle East.

The partnership agreement signed by the companies also covers Asia and North Africa, promoting the integration of Softlock’s card operating system and smart card modules exclusively with Idex Biometrics’ fingerprint sensors and biometric solutions.

“Softlock is a highly recognized security technology provider in the Middle East providing trusted information security solutions for physical and logical access control and payment,” commented Idex CEO Vince Graziani. “We are happy to be joining forces and sharing our biometric expertise.”

According to Softlock, the combination of Idex’s off-chip sensing architecture and biometric performance with Softlock security solutions will now provide companies with an agile authentication and information protection framework suitable for a variety of market needs.

“Idex’s superior fingerprint sensors and biometric technology expertise made them our obvious partner of choice,” said Softlock COO Mohamed Ghattas. “This technology represents the next generation of secure access solutions and we look forward to offering this unique solution to our many customers.”

Idex CEO pitches benefits of biometric cards for kids

Graziani has also recently composed an article for Finance Derivative making the case for how biometric payment cards can be used by parents to educate children on the value of money, while also providing a more secure alternative to traditional top-up cards.

The CEO argues that while prepaid top-up cards are a valid tool to help young people learn how to manage money, they often come with inherent security flaws connected to the use of PINs and passwords.

Biometric payment cards, on the other hand, would introduce a new level of security, allowing children to feel safer when conducting their first financial transactions.

These tools would also be safer for minors in case they are accidentally lost or stolen, as the only way to confirm a transaction is to have access to the authorized fingerprint the card is connected to.

Article Topics

 |   |   |   |   |   |   |   |   |   |   | 

Latest Biometrics News

 

New international standard covers forensic biometrics in lab and field environments

A lunch talk by the European Association for Biometrics (EAB) untangles the forthcoming Forensic Sciences standard ISO/IEC 21043, in particular its…

 

Retail biometrics’ rising tide lifts startup to €1.5M funding round

Lithuania-based autonomous retail startup Pixevia has raised €1.5 million (US$1.6 million), and plans to bring its technology to new venues…

 

Humane AI reportedly looking for a buyer for its biometric wearable business

mane AI is reportedly in search of a potential buyer for its business, as per a report by Bloomberg. The…

 

With AI tools and crypto aiding financial fraud, cops and industry gear up for a fight

The fraudulent practice of “pig butchering” continues to be a major concern in financial fraud, as highlighted in a recent…

 

ID R&D patents voice biometrics and spoof detection to protect smart devices

ID R&D has been granted a patent for integrated voice biometrics and spoof detection for keywords and short requests used…

 

Worldcoin ordered to stop operating in Hong Kong

Hong Kong’s privacy office has announced the results of its investigation into Worldcoin, and found that the iris biometrics project…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events