Idex’ focus on Asian biometric smart card market nets another partner

Idex Biometrics has been moving aggressively into the Asian market for biometrics payment and smart cards, announcing a new manufacturing partner just weeks after revealing a deal to supply Idex Pay to Bangladesh’s Mutual Trust Bank.

Chief Commercial Officer Catharina Eklof tells Biometric Update in an email that Idex’ deal with Mutual Trust represents a big opportunity, as it is one of the country’s top 10 banks.

Debit card transactions increased by 50 percent last year in Bangladesh, …

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