IDEX IDEX BIOMETRICS ASA

IDEX Biometrics brings biometric smart cards to market with Cellfie Global

IDEX Biometrics brings biometric smart cards to market with Cellfie Global

Oslo, Norway, and Seoul, South Korea 19 November 2024 – IDEX Biometrics has entered into a commercial development agreement with South Korean smart card manufacturer Cellfie Global (formerly ICK) to design, manufacture and market biometric metal and PVC cards for bank and fintech launches in USA, Europe and Asia. This gives IDEX Biometrics full coverage across all four card manufacturers in South Korea, representing a production capacity in excess of 100 million smart cards annually, and with world leading metal card manufacturing capabilities.

Cellfie Global has a strong customer base in mainly USA and Europe, markets representing 78% of the 40 million annual metal card shipments. Cellfie Global’s leading metal cards provide a unique sensory experience that is driven by card weight, card sound, card technology and a unique design perspective, bringing a different metal card solution to banks and fintechs globally.

"We are excited to provide state-of-the-art biometric capability to our metal card and PVC range of card products enabled by IDEX Biometrics. We see a huge potential for our USA company, ICK International, to accelerate deployment of the next generation of contactless cards and a means for us to differentiate.” says Yoo Ki Jong, Chief Executive Officer of Cellfie Global. "Biometric cards are a must have for leading smart card providers like Cellfie" he continues.

“With Cellfie’s strong customer portfolio in USA and Europe and a CAGR of metal cards projected at close to 25%, the opportunity for IDEX Biometrics is substantial. As a world leading metal card manufacturer, Cellfie Global strengthens our growing portfolio of smart card makers globally and in South Korea with unique capabilities and an innovative competitive edge”, comments Catharina Eklof, Chief Executive Officer of IDEX Biometrics.“

Source: ; Metal Card CAGR of 24.4% by 2031

For further information contact:

Marianne Bøe, Head of Investor Relations

E-mail: Tel: 9

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

About Cellfie Global

‍Since 1998 ICK has been a premier supplier of financial cards to all global payment schemes including VISA, Mastercard, American Express, China Union Pay, JCB. As a full-service card manufacturer in all areas of card design, chip deployment and processing, Cellfie/ICK brings leading edge design and products to a global audience. ICK in USA leads metal cards markets and serves customers around the world.

In 2008 ICK launched its financial metal cards products and today enjoys the recognition from the market as one of the leaders in this fast-growing market. ICK has developed leading edge technology to allow for tapping on both sides of the card and holds several patents that enable cardholders to have a great user experience at the point of sales.

For more information, visit

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 was issued by Marianne Bøe, Head of Investor Relations, on 19 November 2024 at 10:15 CET on behalf of IDEX Biometrics ASA.



EN
19/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on IDEX BIOMETRICS ASA

 PRESS RELEASE

IDEX Biometrics appoints new Chief Financial Officer

IDEX Biometrics appoints new Chief Financial Officer Oslo, Norway, 27 June 2025  IDEX Biometrics ASA (“IDEX” or the “Company”) announces that Kristian Flaten, Chief Financial Officer (CFO), has handed in his resignation as CFO to pursue other opportunities. The resignation is effective on 30 June 2025. Anders Storbråten, existing Chief Executive Officer, will also assume the role as Chief Financial Officer, as of the effective date of Kristian’s resignation. Kristian will be available to support the Company in a transition period to secure a smooth handover of the CFO functions to Ander...

 PRESS RELEASE

IDEX Biometrics ASA: Mandatory notification of trade - 23 June 2025

IDEX Biometrics ASA: Mandatory notification of trade - 23 June 2025 Reference is made to the stock exchange notice from IDEX Biometrics ASA on 23 June 2025 regarding the issuance of shares. IDEX Biometrics ASA informs of a primary insider transaction as listed in the attached notification. For further information contact: Kristian Flaten, CFO, Tel: E-mail: About this notice: This notice was issued by Kristian Flaten, CFO, on 23 June 2025 at 15:55 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market ...

 PRESS RELEASE

IDEX Biometrics ASA: Issue of shares – 23 June 2025

IDEX Biometrics ASA: Issue of shares – 23 June 2025 Reference is made to the stock exchange announcement by IDEX Biometrics ASA (the "Company") on 22 May 2025 regarding the issuance of in total 5,412,932 new shares to board member Annika Olsson, as part of Annika Olsson taking part in receiving her board remuneration as shares. Please refer to the stock exchange announcement for further information on the details and background for the share issuance. The Board resolved today to issue the above-mentioned shares to Annika Olsson, pursuant to the board authorization provided for this purpos...

 PRESS RELEASE

Mandatory notice of shareholding 19 June 2025 - II

Mandatory notice of shareholding 19 June 2025 - II IDEX Biometrics ASA (“IDEX”) discloses the following on behalf of a shareholder. Reference is made to the stock exchange notice from IDEX Biometrics ASA on 15 June 2025 regarding the share issue to personnel, and the notice regarding mandatory notification of trades on 20 June 2025. The subscription and allocation have been completed on 19 June 2025. Anders Storbråten, including associated company Pinchcliffe AS, will hold 975,635,000 shares in IDEX. Following registration of the share capital increase for the personnel placement, the own...

 PRESS RELEASE

Mandatory notice of shareholding 19 June 2025

Mandatory notice of shareholding 19 June 2025 IDEX Biometrics ASA (“IDEX”) discloses the following on behalf of a shareholder. Reference is made to the stock exchange notice from IDEX Biometrics ASA on 15 June 2025 regarding the share issue to personnel. The subscription and allocation have been completed on 19 June 2025. Sundt AS holds 230,491,498 shares in IDEX. This is unchanged from the previous notice on 14 April 2025. Following registration of the share capital increase for the personnel placement, the ownership will represent 4.87 % of the shares and voting rights in IDEX. About t...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch