IDEX Biometrics Selected for Central Bank Digital Currency Solution from Union Smart
IDEX Biometrics ASA - American Depositary Shares (IDBA)
Company Research
Source: GlobeNewswire
Oslo, Norway –20 September 2021 - IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions for card-based solutions, announced today that Union Smart Card Co., Ltd. (Union Smart), of Shenzhen, China, is utilizing the company’s fingerprint authentication solution to secure the Cold Wallet Visual Payment Card. Union Smart has developed this “cold wallet” card solution in collaboration with six major banks for use in implementation of China’s Digital Currency/Electronic Payment (DC/EP) initiative. Images of card: ColdWalletVisualPaymentCard IDEX Biometrics is the leading provider of fingerprint authentication technologies for such secure cold wallet applications, with competitive advantages in performance and cost. Union Smart has leveraged its patented cold sealing card manufacturing technology to develop a payment card that includes Bluetooth and NFC connectivity, expanded storage, a display, and a keypad, in addition to I
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