IDEX Biometrics

IDEX Biometrics and UK fintech to launch biometric cards for payment accessibility

Retrieved on: 
Friday, March 1, 2024

Oslo, Norway – 01 March 2024 – IDEX Biometrics and Accomplish Financial, an international payment solution provider, are bringing to market a biometric payment program to help the visually- and memory impaired.

Key Points: 
  • Oslo, Norway – 01 March 2024 – IDEX Biometrics and Accomplish Financial, an international payment solution provider, are bringing to market a biometric payment program to help the visually- and memory impaired.
  • The program will first launch in the UK, where a global fintech will bring to market an accessible payment solution for the visually impaired and other customer groups with special needs.
  • The biometric payment program will accelerate IDEX Pay biometric card launches.
  • Catharina Eklof, Chief Commercial Officer of IDEX Biometrics says “IDEX Biometrics is committed to bringing trusted biometric authentication solutions to everyone.

KONA I to introduce biometric smart cards with IDEX Biometrics in Japan

Retrieved on: 
Thursday, February 8, 2024

Oslo, Norway and Tokyo, Japan – 8 February 2024 – IDEX Biometrics and KONA I are partnering to deploy biometric payment and access cards in Japan.

Key Points: 
  • Oslo, Norway and Tokyo, Japan – 8 February 2024 – IDEX Biometrics and KONA I are partnering to deploy biometric payment and access cards in Japan.
  • KONA I expects banks to begin offering high-technology biometric cards to consumers in the second half of 2024.
  • KONA I and IDEX Biometrics smart card platform provides the cybersecurity market with an end-to-end authentication platform focused on digital security, and compatible with standard protocols such as FIDO2, as well as biometric payments cards.
  • “The partnership with IDEX Biometrics enables us to react to the fast-growing demand for biometric smart cards in Japan,” said Koichiro Sasai, Head of KONA Japan LLC as a subsidiary of KONA I.

IDEX Biometrics has entered into convertible loan agreement

Retrieved on: 
Tuesday, December 26, 2023

IDEX Biometrics ASA (“IDEX”) has entered into an agreement with an entity managed by Heights Capital Management, Inc. to issue NOK 100 million in principal amount of senior convertible amortizing bonds.

Key Points: 
  • IDEX Biometrics ASA (“IDEX”) has entered into an agreement with an entity managed by Heights Capital Management, Inc. to issue NOK 100 million in principal amount of senior convertible amortizing bonds.
  • Reference is made to IDEX’s notices on 7 November 2023 regarding a non-binding term sheet for the convertible bond and 21 December 2023 regarding approval of the loan by the company’s extraordinary general meeting.
  • Closing of the transaction is expected to occur on or about 28 December 2023.
  • The subscription price for the convertible bond will be at 92% of the principal amount.

IDEX Biometrics ASA - Key information relating to share consolidation and change of ISIN

Retrieved on: 
Thursday, December 21, 2023

Reference is made to the Extraordinary General Meeting in IDEX Biometrics ASA ("IDEX" or the "Company") on 21 December 2023, where all proposed resolutions were approved.

Key Points: 
  • Reference is made to the Extraordinary General Meeting in IDEX Biometrics ASA ("IDEX" or the "Company") on 21 December 2023, where all proposed resolutions were approved.
  • Key information relating to the approved share consolidation:
    Date on which the terms and conditions of the share consolidation was made public: 21 December 2023;
    Share consolidation ratio: 5 old shares give 1 new share;
    In connection with the share consolidation, the Company’s shares will be transferred to a new ISIN.
  • Please find below the following key information for the change of ISIN:

Extraordinary general meeting in IDEX Biometrics held on 21 December 2023

Retrieved on: 
Thursday, December 21, 2023

IDEX Biometrics ASA held an extraordinary general meeting on 21 December 2023.

Key Points: 
  • IDEX Biometrics ASA held an extraordinary general meeting on 21 December 2023.
  • 478.4 million shares or 34% of the capital was represented at the meeting.
  • All resolutions were passed as proposed in the notice of the meeting.
  • The minutes of the meeting will be available at the company’s web site, www.idexbiometrics.com , in due course.

EBL launches world’s first biometric metal card with IDEX Biometrics

Retrieved on: 
Tuesday, December 19, 2023

(EBL), headquartered in Dhaka, the capital city of Bangladesh and a market leader in corporate, retail and SME banking, is set to launch the world’s first biometric metal card, powered by the IDEX Biometrics Mastercard certified technology, IDEX Pay.

Key Points: 
  • (EBL), headquartered in Dhaka, the capital city of Bangladesh and a market leader in corporate, retail and SME banking, is set to launch the world’s first biometric metal card, powered by the IDEX Biometrics Mastercard certified technology, IDEX Pay.
  • EBL customers will have the biometric metal cards in their hands by early 2024.
  • A digital innovator bank in Bangladesh, EBL is consistently providing high-quality banking services and cutting-edge financial solutions to its customers.
  • We believe biometric payment cards will become the new payment standard, supporting secure contactless payments, and ultimately bringing financial empowerment to all.”
    “We are honoured that EBL has selected IDEX Biometrics as they pioneer biometric payments in Bangladesh.

Disclosure of Voting Rights in IDEX Biometrics to the Chair of the Board, Larry Caccia – 08 December 2023

Retrieved on: 
Friday, December 8, 2023

At the close of business on 07 December 2023, Larry Caccia, Chair of the Board of IDEX Biometrics, held the following voting rights in IDEX, for the purpose of the Extraordinary General Meeting on 21 December 2023:

Key Points: 
  • At the close of business on 07 December 2023, Larry Caccia, Chair of the Board of IDEX Biometrics, held the following voting rights in IDEX, for the purpose of the Extraordinary General Meeting on 21 December 2023:
    Total 108,043,244 shares or 7,73% of the share capital and votes, consisting of the following:
    Proxy with voting instructions for 900,000 shares or 0,06% of the share capital.

IDEX Biometrics and Toppan Gravity launching biometric smart cards in the Middle East, Africa, and Latin America

Retrieved on: 
Tuesday, December 5, 2023

Toppan Gravity and IDEX Biometrics are responding to the growing demand for trusted and user-friendly payment solutions.

Key Points: 
  • Toppan Gravity and IDEX Biometrics are responding to the growing demand for trusted and user-friendly payment solutions.
  • Securing an annual production surpassing 30 million payment cards, Toppan Gravity serves over 500 banks, governments, and corporations worldwide.
  • Biometric smart cards will enhance Toppan Gravity's banking and identity offerings, bringing biometric smart cards to the Middle East, Africa, and Latin America.
  • By harnessing the power of the IDEX Biometrics state-of-the-art technology platform, we are poised to redefine payment convenience," says Michael Hraschan, Head of Payments at Toppan Gravity.

Notice of extraordinary general meeting in IDEX Biometrics on 21 December 2023

Retrieved on: 
Thursday, November 30, 2023

IDEX Biometrics ASA will hold an extraordinary general meeting on Thursday 21 December 2023 at 12.00 hours CET as an online meeting.

Key Points: 
  • IDEX Biometrics ASA will hold an extraordinary general meeting on Thursday 21 December 2023 at 12.00 hours CET as an online meeting.
  • There is no physical attendance option.
  • The notice with attendance form will be sent to the shareholders today and is also enclosed in pdf file (links to notice, bilingual, and attendance form, English and Norwegian, below).
  • The notice of the annual general meeting and the ancillary documents are/will be available at the company's web site, www.idexbiometrics.com, and can be requested from the company at no charge from [email protected] .

IDEX Biometrics receives orders from an expanding global customer base

Retrieved on: 
Tuesday, November 28, 2023

Oslo, Norway – 28 November 2023 – IDEX Biometrics has received orders from multiple customers for biometric sensor solutions to be used in digital authentication and crypto management applications.

Key Points: 
  • Oslo, Norway – 28 November 2023 – IDEX Biometrics has received orders from multiple customers for biometric sensor solutions to be used in digital authentication and crypto management applications.
  • The orders come in response to increasing demand for hack-resistant digital security solutions.
  • IDEX has already begun shipping sensors and full solutions to these customers in Europe, Asia, and the US.
  • AuthenTrend’s biometric smart card, based on the IDEX Biometrics fingerprint authentication solution, is targeting digital identity.