IDEX Biometrics and Companion Goldpac Accomplish China Union Pay out Certification for Twin Interface Biometric Payment Playing cards Oslo Stock Trade:IDEX

Oslo, Norway, 28 December 2020: IDEX Biometrics ASA, a leading company of advanced fingerprint identification

Oslo, Norway, 28 December 2020: IDEX Biometrics ASA, a leading company of advanced fingerprint identification and authentication options, is very pleased to announce that its twin interface technological know-how is involved in a biometric payment card licensed by China Union Pay out (CUP). The certification was reached with Goldpac Team Ltd (Goldpac), a worldwide main Fintech technological innovation and service service provider.

Goldpac is a major protected payment engineering supplier in the environment and holds simultaneous certifications by CUP, Visa,  Mastercard, American Specific, JCB and Diners. This is the next CUP certified biometric payment card that takes advantage of IDEX’s fingerprint sensors and biometric options.

The certification was done by the Bank Card Screening Center (BCTC) in Beijing and is the preliminary phase to acquiring a Letter of Acceptance (LOA) from CUP.

“This certification is a further considerable milestone for IDEX as our sensor, algorithm and software package are now licensed for biometric payment cards by an further Tier Just one fintech merchandise and expert services provider and is now out there on several world-wide payment techniques,” explained Vince Graziani, CEO at IDEX. “IDEX is the only fingerprint organization to have obtained this honor. The certifications continue the changeover from the pilot stage, to commercialization and broad market adoption of biometric payment playing cards.”

“We are happy that we have been in a position to finish certification with our partner IDEX, so that instant mass deployment and customer engagement are all set to carry ahead,” reported HOU Ping, at the CEO of Goldpac.

For even further details get hold of:
Marianne Bøe, Trader Relations
E-mail: [email protected]
Tel: + 47 918 00186

Derek D’Antilio, Chief Financial Officer
E-mail: [email protected]
Tel: +1 978 273 1344

About Goldpac Team

With 27 decades of prosperous knowledge and a major worldwide know-how portfolio, and dedicated to its main vision of Generating Transactions Much more Protected and Easy, Goldpac is specialised in delivering embedded software package, protected payment merchandise and Artificial Intelligence Money Self-services Kiosks for international clients although leveraging impressive Fintech to deliver knowledge processing support, procedure system and other overall alternatives for a huge business range of money, governing administration, healthcare, transportation, and retails.

For a lot more info, visit www.goldpac.com

About IDEX Biometrics

IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a major service provider of fingerprint identification technologies featuring uncomplicated, protected and particular contact-absolutely free authentication for all.  We support people today make payments, demonstrate their identification, attain entry to data, unlock devices or attain admittance to buildings. We invent, engineer, and commercialize these secure and protected nonetheless amazingly person-friendly methods.  Our whole addressable market place signifies a quick increasing multi-billion-unit opportunity.

For a lot more details, visit www.idexbiometrics.com and abide by @IDEXBiometrics

Trademark
The wordmark “IDEX”, and the IDEX brand are registered trademarks of IDEX ASA.

This facts is subject matter to the disclosure specifications pursuant to Section 5-12 the Norwegian Securities Buying and selling Act