Oslo, Norway – October 24, 2022 – IDEX Biometrics ASA and TrustSEC, a leading European provider of digital authentication solutions for access control and crypto wallets, are launching biometric smart card solutions, responding to the demand for more secure and seamless digital authentication. The partnership agreement combines TrustSEC’s smart card module, including card operating system and applets, with IDEX Biometrics’ TrustedBio fingerprint sensor solution. The biometric smart card solution will secure access to digital and cryptographic hash wallets, as well as manage physical and logical access for businesses, schools and governments, and is scheduled for launch in Q1 2023. With this collaboration, the companies will help each other benefit from IDEX Biometrics’ industry-leading TrustedBio sensor and TrustSEC’s experience in smart card development and their significant customer base in the cybersecurity market.
The digital identity verification market is projected to grow to $16.7 billion by 20261which presents an important opportunity for secure solutions for crypto hardware wallets, digital identification and card-based access applications.
Magdy Sharawy, CEO of TrustSEC, says: “TrustSEC’s strategy was to bring to market a complete security solution for identity management, access control and crypto wallets with fingerprint authentication. Our collaboration with IDEX Biometrics brings to market a highly secure, industry-leading authentication solution that integrates IDEX’s new biometric sensor with TrustSEC’s “SLCOS” smart card operating system, running on Infineon’s latest generation Secure Element chip, the SLC38 . We are very confident of the success ahead and excited about this partnership.’
‘The combination of TrustedBio’s high-performance biometric architecture with TrustSEC’s complete security software solution will provide an agile authentication and information protection framework suitable for a wide range of market requirements and applications….
