IDEX partners with Sian to accelerate high volume production of biometric smart cards
IDEX Biometrics ASA, the leading provider of advanced fingerprint identification and authentication solutions, is pleased to announce that it has entered into a partnership with Sian Intelligent Technology Co, Ltd. (‘Sian’), a leading Chinese smart card manufacturer, specializing in the development, design, manufacturing and sale of dual-interface smart cards. biometric smart cards
Sian has many years of experience in delivering high-quality smart card components in mass volumes.
IDEX Biometrics has a growing commercial presence in Asia and is seeing increasing demand for its biometric payment solutions. To meet this demand and help accelerate mass volume production of biometric smart cards, IDEX Biometrics is working in close partnership with Sian to ensure successful integration of biometric components into smart cards.
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Stan Swearingen, CEO of IDEX Biometrics: ‘The market for biometric smart cards is gaining considerable momentum. Our biometric sensors are ready for mass deployment in smart cards and we are delighted to be working in partnership with Sian to help achieve this.’
Hailin Zhu, CEO at Sian adds: ‘IDEX is the leader in biometric technology and we are very pleased to be partnering with them. Together we can ensure that crucial components within the biometric smart card are compatible and ready for mass production.
IDEX Biometrics’ biggest competitors include other companies in the biometric identification and authentication industry, such as:
- Fingerprint Cards AB: A Swedish company that develops fingerprint sensors and software for mobile devices and other applications.
- Synaptics Inc.: An American company that provides human interface solutions, including biometric sensors and authentication solutions.
- Goodix Technology Inc.: A Chinese company that designs and develops biometric solutions, including fingerprint sensors, iris recognition, and facial recognition.
- IDEMIA: A French multinational company that offers various security solutions, including biometric authentication and identity management.
- Egis Technology Inc.: A Taiwanese company that develops fingerprint sensors and solutions for mobile devices, smart cards, and other applications.
These companies are all competing in the rapidly growing biometric identification and authentication market, which is driven by the increasing need for secure and convenient authentication solutions in various industries.
Here are some key trends and developments that are shaping the future of biometric smart cards:
| Key Trends and Developments | Description |
|---|---|
| Improved security | Biometric smart cards provide an additional layer of security compared to traditional smart cards, which rely on PIN codes or passwords for authentication. Biometric data, such as fingerprints or facial recognition, is harder to fake or steal. |
| Increased adoption | The adoption of biometric smart cards is expected to grow due to the rising demand for secure and convenient payment solutions. Major payment networks have already started to roll out biometric payment cards, and more financial institutions are expected to follow. |
| Technological advancements | New and more advanced biometric sensors and algorithms are driving the improvement of biometric smart card technology. Integration of artificial intelligence and machine learning can enhance the accuracy and reliability of biometric authentication. |
| Privacy concerns | Biometric smart cards raise privacy concerns as they involve the collection and storage of biometric data. New standards and regulations are being developed to ensure the secure collection and storage of data, and users have control over their data. |
