Ubivelox selects Idex for smartcard partnership
23 September 2020 16:17 GMT

IDEX Biometrics, a provider of advanced fingerprint identification and authentication solutions, is pleased to announce a strategic partnership with Ubivelox, a global smart card and software manufacturer headquartered in Seoul, South Korea.

IDEX and Ubivelox have signed a Memorandum of Understanding (MOU) and Ubivelox have committed to build and market a complete biometric payment card solution to service Ubivelox’s extensive 140+ customer base, particularly Mastercard and Visa issuers, across Asia Pacific. The design will be based upon a Secure Element (SE) from an international provider with integrated power management. Shipping, to card integrators, is planned for the first quarter of 2021.

“This represents yet another significant step forward for IDEX and provides extensive coverage in Asia, outside of China, through an established and trusted partner with EMV® certification for  Mastercard, Visa, JCB and American Express (and separately for UnionPay). Ubivelox provides smart cards, card operating systems and payment applets which perfectly complement our new generation of TrustedBio™ fingerprint sensors, matcher and enrollment solutions” said Vince Graziani, CEO, IDEX Biometrics.

“Given the market pull for biometric payment cards and the compelling cost model of our combined solutions this relationship is of strategic importance to Ubivelox and will drive additional growth. IDEX’s TrustedBio fingerprint sensors offer industry leading performance, security and manufacturability” said KB Koo, General Manager, IC Security Technology Centre, Ubivelox.   

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