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!

KONA I to Introduce Biometric Smart Cards with IDEX Biometrics in Japan - IDEX Biometrics and KONA I are partnering to deploy biometric payment and access cards in Japan [KRX: 052400] - KONAI.com / IDEXBiometrics.com
KONA I to Introduce Biometric Smart Cards with IDEX Biometrics in Japan

 

NewswireTODAY - /newswire/ - Oslo, Norway, 2024/02/08 - IDEX Biometrics and KONA I are partnering to deploy biometric payment and access cards in Japan [KRX: 052400] - KONAI.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!


 

With credit card fraud reported by Japanese companies increasing by 30% year over year to USD 294 million, banks in the market are showing interest for biometric smartcard solutions, and especially metal cards. KONA I expects banks to begin offering high-technology biometric cards to consumers in the second half of 2024.

In response to the growing demand for cybersecurity solutions by governments, public and private sector entities KONA I and IDEX Biometrics will bring state-of-the art secure ID and biometric payment card solutions to market. KONA I and IDEX Biometrics smart card platform provides the cybersecurity market with an end-to-end authentication platform focused on digital security, and compatible with standard protocols such as FIDO2, as well as biometric payments cards. Both solutions are delivered with optimal customer experiences and security by design.

KONA I is a global smart card and technology platform leader, headquartered in South Korea, manufacturing smart card products with an annual production capacity of more than 60 million cards. The fast-growing market in Japan is set to reach 30% of KONA I’s business by 2025.

Asia, including Japan, is leading the way for fingerprint biometric innovation in the payments industry, with a high penetration rate of contactless payments. Credit cards are the leading cashless payment method in Japan, and the market growing at a CAGR of 8%, is expected to reach $870 billion by 2028.

“The partnership with IDEX Biometrics enables us to react to the fast-growing demand for biometric smart cards in Japan,” said Koichiro Sasai, Head of KONA Japan LLC as a subsidiary of KONA I. “We are proud to offer bank customers in Japan the most innovative access and payment solutions. There is a very strong demand from affluent customer who seek the highest security and unparalleled value and user experiences, as offered by biometric metal cards.”

“We are excited to enter Japan with technology innovations that meets the needs for increased cyber security together with KONA I,” said Catharina Eklof, Chief Commercial Officer at IDEX Biometrics. “Through this partnership with KONA I, we are bringing relevant solutions to the growing demand for frictionless payments and smart card solutions, enabling banks in Japan to differentiate and support loyalty and trust with their customers.”

About IDEX Biometrics

IDEX Biometrics ASA ( idexbiometrics.com) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

About KONA I

KONA I Co., Ltd (konai.com), a company based in South Korea, is a global smart card and technology platform provider focusing on providing smart cards, payment solutions and services for the financial, banking and public sectors. The company aims to contribute to society with technology and innovation in the area where the security is most critical, including but not limited to IOT, smart cards, and authentication.

TRADEMARK STATEMENT

IDEX, 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.

About this notice:

This notice was published by Marianne Bøe, Head of Investor relations, on 8 February 2024 at 11:00 CET on behalf of IDEX Biometrics ASA.

 
 
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!


KONA I to Introduce Biometric Smart Cards with IDEX Biometrics in Japan

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!
KONA I Co., 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:

Vision-Box Unveils the Future of Seamless Travel At Passenger Terminal Expo 2024 in Frankfurt
TrinamiX Presents Flexible Solution to Make NIR Spectroscopy Accessible Beyond Laboratories for On-site Material Analysis
Mutual Trust Bank Launches Biometric Cards with IDEX Biometrics in Bangladesh
Bia Analytical Ltd Have Joined Forces with trinamiX GmbH to Launch A Ground-breaking New Portable Authenticity Testing Service
Ensurity FIDO2 Security Key Embeds Fingerprints’ Biometrics for Passwordless Online Authentication
DenizBank Launches Biometric Payment Cards in Turkey Based on IDEX Pay
IDEX Biometrics Receives IDEX Access Production Order from Sentry Enterprises
Fingerprints Supports Thales Biometric Payment Card First Launch in Türkiye with Garanti BBVA
IDEX Biometrics and UK Fintech to Launch Biometric Cards for Payment Accessibility
TrinamiX Presents Consumer Spectroscopy Solution in Snapdragon® 8 Gen 3 Smartphone Reference Design At MWC in Barcelona
TrinamiX Presents Secure Face Authentication for the Automotive Industry, Developed Jointly with Continental, At MWC
TrinamiX, Visionox and STMicroelectronics Present Cost-efficient, Secure Face Authentication System for Behind-OLED Integration in Smartphones
Fingerprints and Ansal Component Collaborate on Biometric Access Control for Türkiye
NEC Face Recognition Technology Ranks First in NIST Accuracy Testing
Asus Laptop Launches with Fingerprints’ Biometric Match-on-Chip PC Solution

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2005-2024 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)