Breaking News
IDEX Biometrics receives IDEX Pay order for biometric metal payment cards
IDEX Biometrics has received an initial order for IDEX Pay from a smart card manufacturing partner in Asia who will deploy biometric metal payment cards for their bank clients world-wide. Cards produced from this order are expected to reach customers during the first quarter of 2024.
With an annual production capacity of more than 30 million cards, this card manufacturer specialises in serving banks globally with a suite of full metal cards, and is certified by Visa, Mastercard and other major payment schemes.
With a total market size of 40 million cards in 20231, the metal card segment is expanding amongst premium customers across Europe (44% projected YoY growth) Latin America (61%) and the dynamic economies of Asia outpacing with 103%. 70% of millennials declare preferring metal cards2. Biometric metal cards are expected to revolutionize premium card programs, with strong demand from banks in APAC, Eastern Europe and South America.
IDEX Biometrics differentiated and optimized reference design, IDEX Pay, is particularly well suited for metal cards. Additionally, IDEX Biometrics enables manufacturing partners with product and implementation guidelines.
“Bringing true innovation to the affluent customers banking segment will accelerate biometric metal card market penetration,” said Catharina Eklof, Chief Commercial Officer at IDEX Biometrics. “Premium banking customers seek seamless payments solution when travelling and in their daily lives. Smoother payments contribute to transaction and retention increase, critical to banks in today’s competitive payment landscape.”
People In This Post
Companies In This Post
- Visa Acceptance Platform Now Supports Tap to Pay on iPhone, Boosting Contactless Acceptance for Merchants Read more
- How Google Is Helping Fintechs Navigate Regulation and Innovation Read more
- DataHaven on What Truly Defines a Real Insurance Technology Partner Read more
- Basware Appoints New Chief Marketing Officer Read more
- How Hiring the Right Services Can Streamline Your Business Read more
Visa Acceptance Platform Now Supports Tap to Pay on iPhone, Boosting Contactless Acceptance for Merchants
Visa has introduced a software development kit (SDK) that enables Visa Acceptance Platform clients to offer Tap to Pay on iPhone
DataHaven on What Truly Defines a Real Insurance Technology Partner
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Basware Appoints New Chief Marketing Officer
Basware is poised for breakout growth and announced the appointment of Kira Mondrus as Chief Marketing Officer to help fuel it
International Business Event InvestPro Dubai 2026
Our partner Bosco Conference, event organizer with more than 20 years of experience, invites international business leaders, investors and professionals to the annual InvestPro UAE Dubai 2026, taking place on 9 February 2026 at St. Regis Downtown Dubai 5* hotel.
InvestPro Istanbul 2026: A Meet Global Investment and Corporate Services
Istanbul will host InvestPro Istanbul 2026, an international conference focused on investment, relocation, corporate structuring, and wealth management. The event will take place at the InterContinental Istanbul and is expected to attract professionals from across Europe, the Middle East, and Asia.
India’s Premier CIO Conference: Intelligence at the Core, Transformation at Scale
NexTech Summit 2026, India’s largest CIO-focused enterprise technology conference, bringing together 500+ CIOs and senior technology leaders for closed-door discussions on enterprise intelligence and cybersecurity.
Checkout.com Announces Strategic Partnership With Spotify to Power Efficient, Scalable Payments Globally
Checkout.com to provide global acquiring services for Spotify to deliver a smooth, secure and reliable payments experience for its global audience
Visa Acceptance Platform Now Supports Tap to Pay on iPhone, Boosting Contactless Acceptance for Merchants
Visa has introduced a software development kit (SDK) that enables Visa Acceptance Platform clients to offer Tap to Pay on iPhone
How Google Is Helping Fintechs Navigate Regulation and Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
DataHaven on What Truly Defines a Real Insurance Technology Partner
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Basware Appoints New Chief Marketing Officer
Basware is poised for breakout growth and announced the appointment of Kira Mondrus as Chief Marketing Officer to help fuel it
How Hiring the Right Services Can Streamline Your Business
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
International Business Event InvestPro Dubai 2026
Our partner Bosco Conference, event organizer with more than 20 years of experience, invites international business leaders, investors and professionals to the annual InvestPro UAE Dubai 2026, taking place on 9 February 2026 at St. Regis Downtown Dubai 5* hotel.
InvestPro Istanbul 2026: A Meet Global Investment and Corporate Services
Istanbul will host InvestPro Istanbul 2026, an international conference focused on investment, relocation, corporate structuring, and wealth management. The event will take place at the InterContinental Istanbul and is expected to attract professionals from across Europe, the Middle East, and Asia.