IDEX IDEX BIOMETRICS ASA

IDEX Biometrics and TaluCard bring inclusive biometric payment solutions to market in Europe

IDEX Biometrics and TaluCard bring inclusive biometric payment solutions to market in Europe

Oslo, Norway, and London, UK - 14 August 2024 – TaluCard, in collaboration with IDEX Biometrics and a London based issuer is launching its state-of-the-art biometric payment solution. This groundbreaking initiative is set to transform payment solutions with a strong focus on accessibility and security for all users, including those with visual impairments and members of the aging community.

TaluCard features fingerprint authentication and enhanced security as only the authorised, registered user can make transactions. Additionally, it includes tactile guidance markers that help users accurately locate the fingerprint sensor and voice guidance. TaluCard offers unlimited contactless transactions, removing the need for PINs or signatures, making transactions seamless and efficient.

The TaluCard app, will be launched on iOS and Android, providing a digital solution in support of the TaluCard for managing payments and finances. A proprietary access technology offers discreet audio feedback for visually impaired users to verify transaction details, ensuring a secure and private user experience.

TaluCard is committed to making payment solutions usable for everyone, ensuring ease of use also for those with accessibility issues. Current payment systems pose significant challenges for visually impaired, leading to security risks and potential fraud. With approximately 2.3 million people in the UK having some form of visual impairment, TaluCard offers more secure and accessible payment options.

The market introduction is targeted for late 2024 and its initial launch phase will provide refinement of the user experience in collaboration with interest organizations for visually impaired.

TaluCard is fully compliant with the UK Consumer Duty and Accessibility laws as well as the European Accessibility Act, which is set to take effect in 2025. This solution provides banks and fintech’s with effective and ready-to-implement means of meeting the highest standards of fairness, transparency, and inclusivity as mandated by the regulators.

Steve Tyler, Director of Assistive Technology at Leonard Cheshire and former Head of Strategy at the Royal National Institute of the Blind (RNIB) says: "TaluCard is a groundbreaking solution that instantly removes some of the challenges of payment experiences; through the simple expedient of seamless biometric identification there is no need to be concerned about misuse of a card or handling unusual or inaccessible point of sale solutions. TaluCard provides a unique level of peace of mind, convenience and user experience – a great win for accessibility”

Catharina Eklof, Chief Commercial Officer at IDEX Biometrics says “IDEX Biometrics long standing commitment to bringing trusted biometric authentication solutions to everyone is materializing with the biometric TaluCard. It is our strategic imperative to provide payment and access solutions that make it easier and more secure to pay for everyone, including the visually- and memory impaired. We share the conviction with TaluCard that digital and financial inclusion is critical for economic growth and should be a key priority for banks and fintechs”.

For further information contact:

Marianne Bøe, Head of Investor Relations

E-mail: Tel:

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, please visit

About TaluCard

TaluCard is an innovator in payment solutions, dedicated to enhancing security and accessibility for all users. In partnership with IDEX Biometrics, TaluCard is pioneering biometric authentication technologies.

For more information, please visit  or contact Samantha Morgan at 

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 14 August 2024 at 08:15 CET on behalf of IDEX Biometrics ASA.



EN
14/08/2024

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, Hitachi Payment Services, and Airtel Payments Bank La...

IDEX Biometrics, Hitachi Payment Services, and Airtel Payments Bank Launch India’s First RuPay Biometric Payment Card at Global Fintech Fest Mumbai, India – IDEX Biometrics is proud to announce the launch of India’s first RuPay biometric payment card, in collaboration with Hitachi Payment Services and Airtel Payments Bank. The launch was unveiled at the prestigious Global Fintech Fest in Mumbai, marking a significant milestone in the evolution of secure and inclusive digital payments in India. This innovative solution leverages IDEX Pay, our advanced biometric smart card technology, enabli...

 PRESS RELEASE

IDEX Biometrics ASA: Approved prospectus – 29 September 2025

IDEX Biometrics ASA: Approved prospectus – 29 September 2025 Reference is made to the Oslo Stock Exchange announcement issued by IDEX Biometrics ASA' on 21 July 2025 of a private placement of 9,090,909 shares at NOK 3.30 per share, split in two tranches.The FSA has today approved the Prospectus. By reason of the approval and publication of the Prospectus, the Shares (tranche two and underwriting shares) will be transferred to the Company’s ordinary ISIN and be admitted to trading on Oslo Stock Exchange. For further information, please contact: Anders Storbråten, CEO and CFOTel: +47 416 38 ...

 PRESS RELEASE

Reserve Bank of India approves biometric payment authentication techno...

Reserve Bank of India approves biometric payment authentication technology Reserve Bank of India (RBI) has approved biometric authentication technology for digital payments, including IDEX's fingerprint payment solutions, through new authentication mechanisms for digital payment transactions directions effective April 2026. The RBI mandate specifically endorses fingerprint biometric authentication as an approved method for India's digital payment ecosystem, moving beyond traditional SMS-based one-time passwords. This regulatory approval validates IDEX's strategic positioning in the Indian ...

 PRESS RELEASE

IDEX Biometrics ASA secures 45,000 sensor system order as DigAware acc...

IDEX Biometrics ASA secures 45,000 sensor system order as DigAware accelerates nationwide rollout IDEX Biometrics has landed an order of 45,000 from DigAware, the innovative product division of Emnovate, completing the sensor delivery pipeline announced January 8, 2025. This milestone order positions DigAware to rapidly scale their breakthrough biometric access solutions across America before expanding globally. Robin Bienfait, CEO and Founder of DigAware commented: “Our investment in this market is driven by the rapidly growing demand for secure access control and improve safety within ou...

 PRESS RELEASE

IDEX Biometrics launches new product portfolio for payment and access ...

IDEX Biometrics launches new product portfolio for payment and access solutions IDEX Biometrics ASA today announced the launch of its new product portfolio for payment and access solutions, accompanied by a redesigned website showcasing the company’s advanced biometric authentication offerings. This launch marks a key milestone in the company’s strategic transformation and delivery on previously communicated commitments. Link: (idexbiometrics.com) “IDEX is delivering exactly as promised,” said Anders Storbråten, CEO of IDEX Biometrics. "Our new product portfolio positions us at the forefr...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch