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biometric cards equipped with the advanced IDEX Pay fingerprint authentication
payment solution.
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. An initial order for IDEX Pay has
been placed, with the cards anticipated to reach the market by the first quarter
of 2024.
“We are committed to meeting the growing global demand for biometric payment
cards. 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. “This partnership marks an
exciting chapter as we collaborate to advance secure payments and digital
authentication, reinforcing our commitment to driving innovation in the ever-
evolving landscape of financial technology.”
“Toppan Gravity with its strong offering across products and solutions for
government agencies, financial institutions, telecom operators, and retailers is
well positioned to accelerate the expansion of biometric smart cards,” says
Catharina Eklof, Chief Commercial Officer at IDEX Biometrics. “We are excited to
collaborate with Toppan Gravity, empowering markets worldwide with secure
payments and digital authentication.”
For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
(https://www.globenewswire.com/Tracker?data=rkgcatcBoWPEMgWuMjJo7UeqmFaUP-
2q6NdVnf7hWAs1jVoHGnVyzdNlgXpm8DaLAGQ066AJ95NTspNt6j-
MMm91y4hkYP8oVC7ciqbdzHyxkRXEotoTYvjHybr0WJrP)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
(https://www.globenewswire.com/Tracker?data=BH-L2BSyLxkXYAc-Va1tCwihBe7E8h6-
7E68b-g2VDjyYnc2Hp4_Z1fD9Zhy5zgCva4Dek2W4Jlz0YeUo19_R5v5ld5Dc1jUvA0tRRsS-lQ=).
About The Toppan Group
Established in Tokyo in 1900, the TOPPAN Group is a leading and diversified
global provider committed to delivering sustainable, integrated solutions in
fields including printing, communications, security, packaging, décor materials,
electronics, and digital transformation. The TOPPAN Group’s global team of more
than 50,000 employees offers optimal solutions enabled by industry-leading
expertise and technologies to address the diverse challenges of every business
sector and society and contribute to the achievement of shared sustainability
goals.
For more information, visit www.holdings.toppan.com/en/ or contact
www.linkedin.com/company/toppan/
About Toppan Gravity
Toppan Gravity is a subsidiary of Toppan Leefung, serving as the international
development arm of the TOPPAN Group in the security domain. Being part of the
most prestigious conglomerate in the industry with decades of experience and
multiple well-known references, Toppan Gravity benefits from the TOPPAN Group’s
strong market position and extensive expertise.
As a global solutions provider primarily focused on the payment and Identity
industries, Toppan Gravity aims to develop the next generation of virtual and
physical security documents. With the vision of becoming the forerunner in the
secure ID and payment industry, the company focuses on driving synergies within
the TOPPAN Group, through strategic acquisitions. Toppan Gravity empowers
promising companies having state-of-the-art technology or businesses in emerging
markets, including Asia, Africa, and Latin America to enhance their overall
performance. Furthermore, the company enables its acquisitions to take advantage
of the opportunities presented by its large, diversified group having numerous
resources and extensive know-how.
For more information, visit www.toppangravity.com or contact
info@toppangravity.com (mailto:info@toppangravity.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.
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