InvestorsHub Logo
Followers 41
Posts 4551
Boards Moderated 0
Alias Born 07/03/2012

Re: TraderJ58 post# 3484

Wednesday, 07/08/2015 9:43:05 PM

Wednesday, July 08, 2015 9:43:05 PM

Post# of 7413
Or it could be this, or not, but the timing works....

List of WWTT partners....

http://www.wwtt.hk/About_Us/About_Our_Partners.php?version=en

WWT technology initiatives.....

http://www.wwtt.hk/Business/Biometric_Security_Platform.php?version=en

News release by IDEX....

Oslo, Norway, 29 June 2015 – IDEX ASA (Oslo Børs: IDEX), a leader in high performance fingerprint sensors, announced today it has entered into a strategic partnership with an undisclosed global payments company for the development of a worldwide biometric payment card program.

Mass adoption of fingerprint sensors in the mobile market and recent developments of mobile payment applications are changing the paradigm for security and convenience by eliminating PINs and passwords. The biometric card market is a large emerging opportunity where cost efficient fingerprint sensors are ideal to provide increased security and user-friendly authentication for payment and identification purposes. IDEX has already successfully demonstrated our swipe sensor technology on thin flexible ISO-compliant cards. In 2013, approximately eight billion payment cards were in circulation globally, with over a billion new cards issued annually.

IDEX’s unique, patented off-chip technology enables a bendable fingerprint sensor that is ideal for smart card integration. IDEX proprietary matching algorithms can operate in small, secure processors that meet international EMV payment security regulations and maintain the fingerprint image on the card. IDEX is leveraging our existing touch and swipe sensor platform technology that is currently sampling for mobile market insertion.

Dr. Hemant Mardia, CEO of IDEX stated, “We are very pleased to have been selected for this global company biometric card initiative enabled by our compelling low cost, turnkey fingerprint sensor solutions. The program will commence development during 2015. This partnership is expected to enable IDEX to secure a leading position in this emerging mass market for fingerprint sensor based biometric cards.”

http://www.idex.no/news/companynews/idex-enters-into-a-strategic-worldwide-biometric-card-partnership-with-a-global-payments-company/

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BKYI News