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IDEX Biometrics’ Remote Enroll Solution Outperforms Requirements for Global Payment Certification - IDEX Biometrics ASA confirms that its patented on-card enrollment solution was used successfully as part of the certification process for a global payment scheme and exceeded the biometric standards required for certification - IDEXBiometrics.com
IDEX Biometrics’ Remote Enroll Solution Outperforms Requirements for Global Payment Certification

 

NewswireToday - /newswire/ - Oslo, Norway, 2019/08/14 - IDEX Biometrics ASA confirms that its patented on-card enrollment solution was used successfully as part of the certification process for a global payment scheme and exceeded the biometric standards required for certification - IDEXBiometrics.com. OSE: IDEX

   
 
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IDEX Biometrics ASA, the leading provider of advanced fingerprint identification and authentication solutions, confirms that its patented on-card enrollment solution was used successfully as part of the certification process for a global payment scheme and exceeded the biometric standards required for certification.

The on-card remote enrollment sleeve was used by an independent third-party testing house to gather ‘real-world’ fingerprint images. The results of the image-capture data from the tests far exceeded the FRR (“False Rejection Rate”) and FAR (False Acceptance Rate”) benchmarks required for certification.

Stan Swearingen, CEO of IDEX Biometrics: “It is generally accepted that a convenient, easy to use on-card enrollment solution is key to broad adoption of biometric cards and the quality of the enrollment is critical to biometric performance. These results not only show the power of IDEX’s biometric sensor technology, they are also a strong validation of the value proposition of IDEX’s unique on-card remote enrollment solution. We look forward to this solution being an integral part of our customers’ deployment of biometric smart cards.”

About IDEX Biometrics

IDEX Biometrics ASA (idexbiometrics.com) is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.

For more information, visit idexbiometrics.com and follow [.]IDEXBiometrics

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

 
 
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Written by / Agency / Source: IDEX ASA

 
 

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IDEX Biometrics’ Remote Enroll Solution Outperforms Requirements for Global Payment Certification

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Publisher Contact: Stuart Hunt - IDEXBiometrics.com 
+44(0)12 7653 4632 mailbox[.]idexbiometrics.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any IDEX ASA securities in any jurisdiction including any other companies listed or named in this release.

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