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IDEX Biometrics Secures Initial Order for Japanese Biometric Card Program

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IDEX Biometrics Secures Initial Order for Japanese Biometric Card Program

The latest update is out from IDEX Biometrics ( (IDXAD) ).

IDEX Biometrics has secured a production order from Beautiful Card Corporation valued at approximately USD 50,000, marking the start of a larger biometric payment card initiative for Mastercard and Visa in Japan. This development highlights IDEX’s strategic positioning in the biometric smart card market, enhancing its global reach and reinforcing its commitment to delivering advanced security solutions.

More about IDEX Biometrics

IDEX Biometrics ASA is a global leader in fingerprint biometrics technology, providing authentication solutions for payments, access control, and digital identity. The company focuses on card-based applications, partnering with leading card manufacturers and technology companies to deliver secure and convenient biometric solutions.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.97M

Find detailed analytics on IDXAD stock on TipRanks’ Stock Analysis page.

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