NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: IDEX ASA

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

IDEX Biometrics and M-Tech to Scale Biometric Payment Cards in India - IDEX Biometrics ASA is bringing biometric payment cards to the Indian market, in partnership with technology provider M-Tech Innovations Ltd. The biometric payment cards are expected to reach the market in 2023 - M-TechIndia.com / IDEXBiometrics.com
IDEX Biometrics and M-Tech to Scale Biometric Payment Cards in India

 

NewswireTODAY - /newswire/ - Oslo, Norway, 2022/11/30 - IDEX Biometrics ASA is bringing biometric payment cards to the Indian market, in partnership with technology provider M-Tech Innovations Ltd. The biometric payment cards are expected to reach the market in 2023 - M-TechIndia.com / IDEXBiometrics.com. OSE: IDEX

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Biometric / Forensic Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

This partnership will provide banks and other smart card issuers with biometric card solutions for the Indian market, a front runner in biometric authentication. India is one of the world’s fastest growing payment card markets with close to 1 billion cards in circulation, and with 5 million acceptance locations1.

M-Tech is certified by RuPay, Visa and Mastercard, offering high tech end-to-end smart card solutions for financial payments, access control, and government identification. The biometric solution is based on IDEX Biometrics TrustedBio sensor module, powered by SLC38 from Infineon Technologies. The companies will co-develop innovative solutions for fingerprint registration, tailored to the Indian market.

Catharina Eklof, Chief Commercial Officer of IDEX Biometrics, says,“The Indian market represents a very large opportunity for biometric payment cards. Consumers in India are used to biometric authentication via the Aadhaar biometric program. The fingerprint solution from IDEX Biometrics uses encrypted biometric technology which never leaves the card, ensuring speed and reduced risk of hacking. We are delighted that millions of customers will be able to benefit from secure and seamless payments through the IDEX Biometrics collaboration with M-Tech.”

“The booming smart card market in India represents an excellent opportunity for the biometric card solution from IDEX Biometrics”, says VM Gandhi, Chairman of M-Tech. ”We see a strong and increasing demand for biometric smart cards. Adapting the onboarding and registration processes to the Indian market will be critical, and we are confident in IDEX Biometrics technology leadership and innovation power to accelerate market adoption for the benefit of consumers across India.”

1. Reserve Bank of India, 2022

About IDEX Biometrics

IDEX Biometrics ASA (idexbiometrics.com) is a 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 or unlock devices 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.

About M-Tech

M-Tech Innovations Limited (m-techindia.com) is a VISA, MASTER Card, RuPay, ISO 9001:2008, TS 16949:2002, ISO/ IEC 20000:2018, CMMI level 3, ISO 14001:2015, IATF 16949 certified company based in Pune, India.
Mtech offers wide range of manufacturing all types of Smart Cards & Smart Card based Application, Automotive Dials solution and RFID end to end solution. Today, Mtech is one of the leading suppliers of Smart Card in India and provide customized solutions based on specific requirements to all segments like Banking, Government, Corporate, etc

TRADEMARK STATEMENT
IDEX, TrustedBio, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Biometric / Forensic Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: IDEX ASA

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Biometric / Forensic articles,
CATCH Visitors via Your Competitors Announcements!


IDEX Biometrics and M-Tech to Scale Biometric Payment Cards in India

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
M-Tech Innovations Ltd | IDEX Biometrics
Contact: Marianne Bøe - IDEXBiometrics.com 
+47 918 00186 marianne.boe[.]idexbiometrics.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
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.

Biometric / Forensic via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From IDEX ASA / Company Profile


Read Biometric / Forensic Most Recent Related Newswires:

IDEX Biometrics is Accelerating Expansion of Biometric Payment Cards with A Second Turkish Bank
Fingerprints Received the First Volume Purchase Order for its Optical Under-display Solution, FPC1632
Arizona Partners with Thales to Provide More Secure Driver’s Licenses and ID Cards for Residents
Thales Reinforces its 'Border & Travel' Offer with the New Multimodal Biometric Pod
Thales Addresses Inclusivity with its ‘Voice Payment Card’
Fingerprints to Become Comprehensive Biometric System Provider for PC Market by Adding MCU to Portfolio
German Federal Printing Office, Fraunhofer and Infineon Demonstrate for the First Time Electronic Passport Security for the Quantum Computer Era
STMicroelectronics Achieves EMVCo Certification for Biometric-payment Platform, Cutting Time-to-market for Card Issuers
Infineon and Fingerprints Step into Cooperation on the All-in-one Solution SECORA™ Pay Bio that will Bring Biometric Payment Cards to A New Level
Sella Group Launches Biometric Payment Cards in Italy with IDEMIA on IDEX Biometrics TrustedBio Solution
IDEX Biometrics Receives Volume Production Order as IDEMIA Accelerates Biometric Payment Card Expansion
trinamiX Face Authentication Optimized for New Snapdragon Mobile Platform At Snapdragon Summit 2022
IDEX Biometrics and Enqura to Launch Biometric Smart Cards in Turkey
Fingerprints™ and Tag Systems Collaborate to Offer Contactless Biometric Payment Cards Globally
IDEX Biometrics and UK Issuer to Launch Biometric Payment Cards in Europe

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Sublime SEO





 
  ©2005-2023 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)