📋 Tender Overview
IDEX Biometrics ASA a leading provider of advanced fingerprint identification and authentication solutions has received a production order for its IDX3205 fingerprint sensor products from Hengbao one of the largest smart card companies based in China covering the banking telecoms and security sectors. Hengbao develops cards that support multiple payment network specifications including Mastercard China UnionPay VISA JCB and emerging digital currency standards.The order for IDX3205 sensors represents the next step in project colaboration first announced in September 2018 between IDEX and Hengbao to launch biometric payment cards to customers in Asia.We are delighted to be working with Hengbao and to have received this order for IDX3205 fingerprint sensors in prepration for upcoming pilots. Our fingerprint sensors and biometric solutions are seeing accelerating demand as they offer market-leading cost and performance benefits to both card manufacturers and card issuers said Vince Graziani CEO of IDEX Biometrics.