Accomplish Financial launches innovative biometric card solution from IDEX Biometrics
December 01 2022 - 02:00AM
GlobeNewswire Inc.
Oslo, Norway – 01 December 2022 – IDEX Biometrics ASA and
Accomplish Financial, a payment solution provider with a strong
portfolio of fintechs and banks across the UK, Europe, and North
America announce that Accomplish Financial will launch biometric
payment cards enabled by the IDEX Biometrics TrustedBio Turnkey
solution, powered by the SLC38 chip from Infineon Technologies. As
announced previously, these cards are expected to reach consumers
in Q1 2023.
80% of consumers globally demand biometric payment cards, and
62% are willing to switch banks to get one1. Enabling banks and
fintechs to meet growing consumer demand is paramount. IDEX
Biometrics and Accomplish have developed an innovative go-to-market
solution that will accelerate biometric card launches for banks and
fintechs.
Catharina Eklof, Chief Commercial Officer of IDEX Biometrics
says “IDEX Biometrics is providing smoother customer payment
experiences, and Accomplish Financial and IDEX Biometrics are
sharing the same mission to make consumers’ financial lives easier.
Accomplish is an agile partner, and we are delighted to jointly
accelerate the biometric payment market in the UK and across
Europe, providing banks and fintechs with robust and easy
go-to-market solutions”.
“With rising contactless limits, consumers are asking for
increased security while maintaining a seamless experience; payment
cards need to evolve. The IDEX Biometrics solution provides these
advancements whilst maintaining compatibility with payment
terminals globally and making adoption straightforward. Accomplish
Financial has identified that there is a big opportunity for
biometric payment cards to be used to improve customer journeys.
Combined with card issuing and in-house processing expertise from
Accomplish, we continue our trend of offering the payment industry
the most innovative products”, says Guy Raymond El Khoury, CEO of
Accomplish Financial.
1 IDEX Arlington Research 2022
For further information please contact:Marianne
Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com Tel: + 47 918
00186 About IDEX Biometrics
IDEX Biometrics (OSE: IDEX and Nasdaq: IDBA) is a leading
provider of fingerprint identification technologies offering
simple, secure, and personal authentication for all. We help
people make payments, prove their identity, gain access to
information or unlock devices with the touch of a finger. We
invent, engineer, and commercialize these secure, yet incredibly
user-friendly solutions. Our total addressable market represents a
fast growing multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com
About Accomplish Financial:
Accomplish Financial Limited is part of the Accomplish Group of
companies (“Accomplish”), which includes AF Payments Limited, a UK
FCA Regulated Electronic Money Institution. Accomplish is an
end-to-end service provider in the electronic payments industry and
it builds and operates its own proprietary payments technology
infrastructure in order to help its clients simplify the issuing of
payment products. Accomplish offers issuing solutions for
traditional payment cards through to digitised payment instruments,
with an emphasis on the highest levels of security. By ensuring
that all regulatory, compliance, security and technological needs
are catered for in one ecosystem, Accomplish delivers bespoke
payment solutions to a diverse range of clients.
For more information, visit www.accomplish.com or contact Simon
Bradley, Head of Partnerships,
simon.bradley@accomplish.com
TRADEMARK STATEMENTIDEX, IDEX Biometrics and
the IDEX logo are trademarks owned by IDEX Biometrics ASA.
Accomplish is a registered trademark of Accomplish Financial
Limited. All other brands or product names are the property of
their respective holders.
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