Infineon and IDEX Biometrics announce a platform for biometric smart cards with superior performance and scalable, cost-effec...
July 15 2021 - 8:30AM
Oslo, Norway and Munich, Germany – 15 July 2021 –
Convenient Security: A research report by ABI Research*
projects the market for biometric payment cards to be reaching 353
million pieces per year by 2025 globally as an optimistic scenario.
Allowing card manufacturers to address this new growing market
segment, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), the
global leader in smart card payment solutions, and IDEX Biometrics
ASA (OSE: IDEX / NASDAQ: IDBA), the leading provider of advanced
fingerprint identification and authentication solutions, today
announced a reference design for the next generation biometric
smart card architecture.
The reference design leverages the combination of Infineon’s new
SLC38BML800 security controller with additional GPIO-interfaces and
the latest generation of the TrustedBio™ solution from IDEX
Biometrics. This enables fingerprint authentication with low
latency, high accuracy, and power efficiency. The integration of
the fingerprint sensor, the secure element, power management and
communications reduce the complexity of card manufacturing which
shortens time to market and lowers costs.
“This new design provides significant improvements at the card
system level, which allow easy integration into existing hot
lamination card manufacturing processes. Therefore, the
architecture increases card performance, while reducing
manufacturing complexity at the same time,” said Tolgahan Yildiz,
head of the Payment and Ticketing Solutions product line at
Infineon. “The additional interfaces and the energy efficiency of
our security controller allow industrialization of high performance
biometric smart cards. This fingerprint solution is yet another
proof point for our continuous innovation to enable easy to use,
easy to integrate, highly accurate and cost effective biometric
smart cards.”
Payment card fingerprint 20210715
“Strong demand drivers for card-based fingerprint authentication
are in place for both issuers and users of payment cards,” said
Vince Graziani, Chief Executive Officer of IDEX Biometrics.
“However, to date, the relatively high cost of manufacturing
biometrically enabled smart cards has inhibited mass-market
adoption. With TrustedBio, IDEX Biometrics has integrated a
patented, highly differentiated polymer sensor into a single device
delivering proprietary image capture, processing, and matching
capabilities, as well as power management functions. No other
biometric solution on the market offers this level of
integration.”
TrustedBio delivers fingerprint images with highly accurate
authentication results (FRR/FAR and PAD performance) for payment
applications. With the performance of the SLC38BML800,
biometrically authenticated transactions are accomplished in a
market-leading speed of less than 500 milliseconds. An internal
clock frequency of up to 100 MHz not only enables biometric
fingerprint card applications, the SLC38BML800 is very well
adaptable for payment, ID, and logical and physical access.
Customers using this reference design can easily address these and
other authenticated applications with rapid time to market.
AvailabilitySamples of Infineon’s SLC38BML800
security controller can be ordered now, mass production is planned
to start at the end of 2021. A software development kit for the
reference design is currently available from IDEX. Samples of
IDEX Biometrics’ TrustedBio solution are available now, with mass
production starting by the end of the third quarter of 2021.
For further information contact: Marianne Bøe,
Investor Relations E-mail: marianne.boe@idexbiometrics.com Tel:
+47 9180 0186
Brett L. Perry, U.S. Investor RelationsE-mail:
bperry@sheltongroup.comTel: +1 214 272 0070
About IDEX Biometrics IDEX Biometrics ASA (OSE:
IDEX and NASDAQ: IDBA) is a leading provider of fingerprint
identification technologies offering simple, secure, and personal
touch-free authentication for all. We help people make
payments, prove their identity, gain access to information, unlock
devices or gain admittance to buildings. We invent, engineer, and
commercialize these secure and safe yet incredibly user-friendly
solutions. Our total addressable market represents a fast
growing multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com and
follow on Twitter @IDEXBiometrics.
About InfineonInfineon Technologies AG is a
world leader in semiconductor solutions that make life easier,
safer and greener. Microelectronics from Infineon are the key to a
better future. In the 2020 fiscal year (ending September 30), the
company reported revenue of more than 8.5 billion euros with a
workforce of 46,700 people worldwide. Following the acquisition of
the US company Cypress Semiconductor Corporation in April 2020,
Infineon is now a global top 10 semiconductor company.
Infineon is listed on the Frankfurt Stock Exchange (ticker
symbol: IFX) and in the USA on the over-the-counter market OTCQX
International Premier (ticker symbol: IFNNY). Further information
is available at www.infineon.com
*ABI Research Report: Biometric Payment Cards, Dec 10, 2020
Trademark Statement The wordmark ‘IDEX’ and the
IDEX logo are registered trademarks of IDEX ASA. All other brands
or product names are the property of their respective holders.
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act.
- Payment card fingerprint 20210715
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