FB pixel

Idex partners with G+D JV to commercialize biometric payment cards in Eastern Europe

Idex partners with G+D JV to commercialize biometric payment cards in Eastern Europe
 

Idex Biometrics  and E-Kart, a joint venture with Giesecke+Devrient (G+D) and Eczacıbaşı Holding, partner up to deliver biometric smart cards across Eastern Europe.

“The time is right to bring biometric payment solutions into Eastern Europe,” states Catharina Eklof, chief commercial officer of Idex Biometrics. “This region represents a very large opportunity and our collaboration with E-Kart will deliver biometric smart card solutions that bring seamless user experience to millions of consumers in Turkey and Eastern Europe,” she adds.

The Idex and E-Kart collaboration will seek to expand the market of biometric smart cards in Eastern Europe with a targeted delivery date in the fourth quarter of 2022. The cards will incorporate Idex’s TrustedBio Max sensors that are equipped with a proprietary ASIC-delivering biometric processing and power management, and the SLC38 security controller from Infineon Technologies.

E-Kart is said to be one of the largest card manufacturers in Europe with a focus on EMV-based payment cards, government ID, healthcare, and GSM SIM cards. E-Kart has a production capacity of 60 million smart cards annually, a press release states.

Coskun Beduk, general manager of E-Kart, says: “This partnership will provide banks and other payment card issuers in Turkey and globally access to biometric smart cards with industry leading performance and cost efficiency. We see a growing demand for convenient and highly secure payment solutions and we aim at leading the market of biometric payment cards, leveraging our unique cutting-edge card development and production center in Turkey, specialized in superior security, authorization for smart cards and smart citizenship ID cards.”

Biometric payment cards have reached commercialization in Western Europe, and are approaching production roll-outs in North Africa and the Middle East.

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Smile ID surges past 150M identity verifications completed

Selfie biometrics provider Smile ID (formally Smile Identity) has achieved the completion of 150 million identity verifications – five months…

 

Incode age assurance gets stamp of approval from ACCS

Incode Technologies has announced that their Incode Identity Platform product has received certification under the Age Check Certification Scheme (ACCS)….

 

Arana launches police biometrics app for HID scanner

Arana Security has launched a new mobile app for mobile biometric fingerprint readers from HID used by law enforcement. The…

 

Fraud hammers online services, drives AI ambivalence

Fraud rates are spiking just like temperatures in many parts of the world. Global identity verification companies Sumsub, AuthenticID and…

 

Contractor distances self from biometric device failures in South Africa elections

A Johannesburg-based company, Ren-Form, which supplied biometric hardware to the Electoral Commission of South Africa (IEC) says it is not…

 

Online age verification requirements in US legislation raise thorny problems

More than a dozen bills have been introduced in the current U.S. Congress that, if enacted, would increase protections for…

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