IDEX Biometrics explained

IDEX Biometrics
Logo Alt:Fingerprint Scanner Logo
Type:Norwegian: [[Allmennaksjeselskap]]
Traded As:
NASDAQ: (2021-23)
Foundation:1996
Location:Oslo, Norway
Key People:Vincent (Vince) Graziani (CEO)
James A. Simms (CFO)
Anthony Eaton (CTO)
Morten Opstad (Chairman)
Industry:Biometrics
Products:Fingerprint Sensors and Biometric Software

IDEX Biometrics ASA is a Norwegian 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]

Notes and References

  1. http://www.tu.no/it/2010/09/03/billig-fingerleser-i-plast Billig fingerleser i plast
  2. http://www.digi.no/850051/syltynn-norsk-sensor-for-fingeravtrykk Syltynn norsk sensor for fingeravtrykk
  3. http://www.idex.no/ViewFile.aspx?id=813 Biometri og Bunnpris
  4. http://www.hegnar.no/bors/article700786.ece Apple blar opp milliarder for IT-selskap
  5. http://www.dagensit.no/article2680334.ece - Apples lansering er bra for oss
  6. http://www.dagensit.no/article2662354.ece Norske Idex én av fire leverandører i verden
  7. Web site: Biometric Update.com. IDEX gets fingerprint sensor patent license with Apple and AuthenTec. 13 May 2013.
  8. Web site: Biometric Update.com. IDEX to present mobile device fingerprint sensor concept at Mobile World Congress in Barcelona. 25 February 2013.
  9. Web site: InfoTech. S.I.C. Biometrics Unveils New Consumer Finger Recognition Solution for Apple iPhone 4 and iPad. November 17, 2011.
  10. Web site: Validus. IDEX and Validus Enter Into Strategic License Agreement to Supply the Next Generation of Biometric Powered Cards. 23 July 2009.
  11. Web site: IDEX. IDEX and Card Tech cooperate, showcase technology. 10 November 2010.
  12. Web site: He. Serena. 2021-02-11. IDEX Biometrics Works to Advance Biometric Payment Cards. 2021-08-31. Identity Review. en-US.
  13. Web site: 2021-03-28. IDEX Biometrics shipping TrustedBio from mass production supply chain - Identity Week. 2021-09-10. identityweek.net. en-GB.
  14. Web site: Biometric Update.com. Mastercard’s remote enrollment solution for biometric payment cards developed with IDEX. 1 May 2018.
  15. Web site: Biometric Update.com. IDEX, IDEMIA collaborate on scalable contactless biometric card solutions. 24 November 2017.
  16. Web site: Biometric Update.com. IDEX developing dual-interface biometric cards with Chutian Dragon. 24 November 2018.
  17. Web site: Biometric Update.com. Feitian using IDEX sensors in dual interface biometric cards. 16 July 2018.
  18. Web site: Biometric Update.com. IDEX and Goldpac partner on biometric cards for China. 31 January 2019.
  19. Web site: Biometric Update.com. IDEX collaborates with HED on biometric card reference design. 29 November 2018.
  20. Web site: Biometric Update.com. IDEX, Hengbao partner to introduce biometric cards across the Asian market. 21 September 2018.
  21. Web site: Biometric Update.com. IDEX announces biometric card partnership with Excelsecu. 4 December 2018.
  22. Web site: Biometric Update.com. IDEX and Infineon partner to advance biometric card solutions. 27 November 2018.
  23. Web site: Biometric Update.com. IDEX receives initial order for dual-interface smart card sensors from XH Smart Tech. 31 October 2018.