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Biosmart granted Mastercard Letter of Approval for IDEX Pay biometric cards

GlobeNewswire LogoGlobeNewswire11h ago

Biosmart granted Mastercard Letter of Approval for IDEX Pay biometric cards - GlobeNewswire

Quick Summary:

The interest from banks in the region underpins the commercial opportunity ahead of us” says Henry Kang, Chief Sales Officer at Biosmart.  "Congratulations to Biosmart on this Mastercard approval for biometric payment cards, this strategic innovation product fits well with Biosmart’s fintech customers across the world,” comments Catharina Eklof, Chief Executive Officer at IDEX Biometrics.

Oslo, Norway and Seoul, South Korea – 25 November 2024: Global smart card technology company Biosmart has obtained the Letter of Approval (LoA) from Mastercard for its biometric payment card built on the IDEX Pay platform.

For further information contact Marianne Bøe, Head of Investor RelationsE-mail: ir@idexbiometrics.comTel: + 47 67 83 91 19 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity.

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Article Details

Author / Journalist: IDEX BIOMETRICS ASA

Category: Technology

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 07:15:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 389 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23818476

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Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 7 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

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Website Security: Secure (HTTPS)

Publisher ID: #116

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