Thames Technology partners with IDEX Biometrics to scale distribution of biometric payment cards

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New partnership to increase production of biometric cards

Thames Technology, one of Europe’s leading card manufacturers, has partnered with IDEX Biometrics, a leading provider of fingerprint identification technology, to accelerate the commercialisation at scale of biometric payment cards.

With more than 20 years of experience in manufacturing and personalising financial cards, Thames Technology’s expertise coupled with IDEX Biometrics’ cutting-edge fingerprint authentication solutions, will enable the two businesses to combine their efforts to meet the growing demand for biometric payment cards.

 

Che Colford, General Manager of Thames Technology, said:

“With IDEX Biometrics’ industry-leading technology, we are excited to ramp up the distribution of biometric smart cards and deliver a seamless experience to consumers via our global partners.”

Catharina Eklof, Chief Commercial Officer at IDEX Biometrics, stated:

“We are thrilled to accelerate the market scaling with such an innovative payments leader as Thames Technology. Their choice to team up with IDEX Biometrics endorses our position as an industry leader and reaffirms their readiness to address growing consumer demand for biometric payment cards.”

About Thames Technology

Thames Technology develops, manufactures, personalises, and distributes payment, gift, loyalty and financial cards, producing more than 250 million cards a year for customers in over 60 countries. With more than 25 years’ experience across a variety of sectors, Thames Technology is one of Europe’s largest and most trusted payment card issuing partners. With key values of integrity, quality and responsiveness, we are committed to providing a world-class service. Thames Technology is part of Paragon ID, a leader in identification solutions in particular in the e-ID, transport, smart cities, traceability & brand protection and payment sectors.

About IDEX Biometrics

IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.