Company:IDEX Biometrics

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Short description: Norwegian company
IDEX Biometrics
TypeAllmennaksjeselskap
OSE: IDEX
NASDAQ: IDBA (2021-23)
IndustryBiometrics
Founded1996
HeadquartersOslo, Norway
Key people
Vincent (Vince) Graziani (CEO)
James A. Simms (CFO)
Anthony Eaton (CTO)
Morten Opstad (Chairman)
ProductsFingerprint Sensors and Biometric Software
Websitewww.idexbiometrics.com

IDEX Biometrics ASA (OSE: IDEX) is a Norway biometrics company, specialising in fingerprint imaging and fingerprint recognition technology. The company was founded in 1996 and is headquartered in Oslo, but its main operation is in the US, with offices in New York and Massachusetts . The company also has offices in the UK and China.

IDEX offers fingerprint sensor and biometric software for identity cards, banking cards, smart cards, access control, healthcare, IOT and other security solutions. Fingerprint recognition is one form of biometric identification, other examples being DNA, face recognition, iris recognition and retinal scan as well as identification based on behavioral patterns such as speaker recognition, keystroke dynamics and signature recognition.

Technology

In 2010, IDEX SmartFinger Film was launched,[1][2] a thin and flexible fingerprint sensor that allows the entire fingerprint sensor system to be built into a standard plastic card, such as credit cards, bank cards and national ID cards. Such system-on-card solutions with a microprocessor running biometric algorithms and storage of biometric user data embedded ensure that biometric data never leaves the card itself. This safeguards privacy.[3]

In the fall of 2012, IDEX changed its market focus. Until then, the company had emphasized the use of the technology in cards. The shift came after Apple acquired IDEX's competitor AuthenTec.[4] This acquisition was a harbinger that fingerprint readers would be built into mobile phones, IDEX believed, which was reiterated when Apple introduced its iPhone with a fingerprint reader in the fall of 2013.[5] Since then, several mobile manufacturers followed Apple's example and launched mobile phones with fingerprint solutions.[6]

IDEX's SmartFinger Film sensor technology is based on polymer process technologies and offers small, ultra-thin and flexible swipe fingerprint sensors.

IDEX holds early patents for low-cost capacitive fingerprint sensors and has a cross-licence with Apple relating to this technology.[7]

IDEX has demonstrated mobile phone-related technology implementations running on an Android platform, as well as a technology concept for fingerprint sensors built into the cover glass of mobile phones.[8] Finger recognition solutions for Apple iPhone and iPad using SmartFinger have been launched.[9]

IDEX's technology has also been integrated in biometric ISO-compliant cards.[10][11] Fingerprint-based authentication of payment cards has gradually become the main focus of the company's efforts to commercialize its technology.[12]

In March 2021, the company started shipping TrustedBio, a new generation of sensors specifically targeting the card market.[13]

Global Partners

IDEX has announced partnerships with global companies including Mastercard,[14] IDEMIA,[15] Chutian Dragon,[16] Feitian,[17] Goldpac,[18] HED,[19] Hengbao,[20] Excelsecu,[21] Infineon,[22] and XH Smart Tech.[23]

References

  1. ↑ Billig fingerleser i plast (Teknisk Ukeblad, 3.9.2010)
  2. ↑ Syltynn norsk sensor for fingeravtrykk (Teknisk Ukeblad, 30.9.2010)
  3. ↑ Biometri og Bunnpris (Finansavisen, 20.03.2012)
  4. ↑ Apple blar opp milliarder for IT-selskap (Hegnar Online, 7.7.2012)
  5. ↑ - Apples lansering er bra for oss (Dagens Næringsliv, 11.9.2013)
  6. ↑ Norske Idex én av fire leverandører i verden (Dagens Næringsliv, 13.august 2013)
  7. ↑ "IDEX gets fingerprint sensor patent license with Apple and AuthenTec". Biometric Update.com. http://www.biometricupdate.com/201305/idex-gets-fingerprint-sensor-patent-license-with-apple-and-authentec/. Retrieved 13 May 2013. 
  8. ↑ "IDEX to present mobile device fingerprint sensor concept at Mobile World Congress in Barcelona". Biometric Update.com. http://www.biometricupdate.com/201302/idex-to-present-mobile-device-fingerprint-sensor-concept-at-mobile-world-congress-in-barcelona/. Retrieved 25 February 2013. 
  9. ↑ "S.I.C. Biometrics Unveils New Consumer Finger Recognition Solution for Apple iPhone 4 and iPad". InfoTech. http://it.tmcnet.com/topics/it/articles/238716-sic-biometrics-unveils-new-consumer-finger-recognition-solution.htm. Retrieved November 17, 2011. 
  10. ↑ "IDEX and Validus Enter Into Strategic License Agreement to Supply the Next Generation of Biometric Powered Cards". Validus. http://www.findbiometrics.com/industry-news/i/7173/. Retrieved 23 July 2009. 
  11. ↑ "IDEX and Card Tech cooperate, showcase technology". IDEX. http://www.idex.no/news/companynews/idex-and-card-tech-cooperate-showcase-technology/. Retrieved 10 November 2010. 
  12. ↑ He, Serena (2021-02-11). "IDEX Biometrics Works to Advance Biometric Payment Cards" (in en-US). https://identityreview.com/idex-biometrics-works-to-advance-biometric-payment-cards/. 
  13. ↑ "IDEX Biometrics shipping TrustedBio from mass production supply chain - Identity Week" (in en-GB). 2021-03-28. https://identityweek.net/idex-biometrics-shipping-trustedbio-from-mass-production-supply-chain/. 
  14. ↑ "Mastercard’s remote enrollment solution for biometric payment cards developed with IDEX". Biometric Update.com. https://www.biometricupdate.com/201805/mastercards-remote-enrollment-solution-for-biometric-payment-cards-developed-with-idex. Retrieved 1 May 2018. 
  15. ↑ "IDEX, IDEMIA collaborate on scalable contactless biometric card solutions". Biometric Update.com. https://www.biometricupdate.com/201711/idex-idemia-collaborate-on-scalable-contactless-biometric-card-solutions. Retrieved 24 November 2017. 
  16. ↑ "IDEX developing dual-interface biometric cards with Chutian Dragon". Biometric Update.com. https://www.biometricupdate.com/201811/idex-developing-dual-interface-biometric-cards-with-chutian-dragon. Retrieved 24 November 2018. 
  17. ↑ "Feitian using IDEX sensors in dual interface biometric cards". Biometric Update.com. https://www.biometricupdate.com/201807/feitian-using-idex-sensors-in-dual-interface-biometric-cards. Retrieved 16 July 2018. 
  18. ↑ "IDEX and Goldpac partner on biometric cards for China". Biometric Update.com. https://www.biometricupdate.com/201901/idex-and-goldpac-partner-on-biometric-cards-for-china. Retrieved 31 January 2019. 
  19. ↑ "IDEX collaborates with HED on biometric card reference design". Biometric Update.com. https://www.biometricupdate.com/201811/idex-collaborates-with-hed-on-biometric-card-reference-design. Retrieved 29 November 2018. 
  20. ↑ "IDEX, Hengbao partner to introduce biometric cards across the Asian market". Biometric Update.com. https://www.biometricupdate.com/201809/idex-hengbao-partner-to-introduce-biometric-cards-across-the-asian-market. Retrieved 21 September 2018. 
  21. ↑ "IDEX announces biometric card partnership with Excelsecu". Biometric Update.com. https://www.biometricupdate.com/201812/idex-announces-biometric-card-partnership-with-excelsecu. Retrieved 4 December 2018. 
  22. ↑ "IDEX and Infineon partner to advance biometric card solutions". Biometric Update.com. https://www.biometricupdate.com/201811/idex-and-infineon-partner-to-advance-biometric-card-solutions. Retrieved 27 November 2018. 
  23. ↑ "IDEX receives initial order for dual-interface smart card sensors from XH Smart Tech". Biometric Update.com. https://www.biometricupdate.com/201810/idex-receives-initial-order-for-dual-interface-smart-card-sensors-from-xh-smart-tech. Retrieved 31 October 2018. 

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