Turkish bank launches biometric payment cards based on IDEX Pay

Oslo, Norway – 18 March 2024 – An international financial services group and a frontrunner in digital banking and innovation is launching biometric payment cards in Turkey in collaboration with Mastercard. These biometric payment cards are leveraging sensor and biometric technology from IDEX Biometrics.  

“IDEX Biometrics is excited to be part of launching biometric payment cards in Turkey, and this launch is a strong sign of market acceleration of IDEX Pay, in response to increasing demand for highly secure and frictionless payment experiences“, says Catharina Eklof, Chief Commercial Officer at IDEX Biometrics. 

For further information contact 

Marianne Bøe, Head of Investor Relations E-mail: [e-mail] Tel: + 47 918 00186 

  

About IDEX Biometrics 

IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. 

For more information, visit www.idexbiometrics.com 

TRADEMARK STATEMENT 

IDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders. 

About this notice: 

This notice discloses inside information pursuant to the EU Market Abuse Regulation and was published by Marianne Bøe, Head of Investor Relations, on 18 March 2024 at 09:00 CET on behalf of IDEX Biometrics ASA. The notice is published in accordance with section 5-12 the Norwegian Securities Trading Act.