IDEX Biometrics expands in Southeast Asia with MCS
IDEX Biometrics and MCS Microsystems (MCS) are partnering to develop next generation multi-application biometric smart cards. MCS is a leading Malaysia-based, technology-focused smart card solution provider enabling more than 30 national identification projects and 50 million users globally, mainly for government ID and healthcare. MCS biometric smart cards for identity access will leverage IDEX Biometrics cutting-edge fingerprint technology. The partnership marks IDEX Biometrics continued expansion in Asia Pacific, representing a significant and growing market opportunity.
MCS’s multi-application smart cards are based on IDEX Biometrics latest sensor solution, ensuring fast, accurate, and seamless authentication. IDEX Biometrics solutions continue to expand into non-payment segments, with high-assurance performance and biometric matching increasing performance and security for trusted ID solutions. MCS intends to offer this new battery less solution to its customers and partners across Southeast Asia, North America and Europe in the fourth quarter of 2023.
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“Our partnership with MCS will help drive our advanced biometric card solutions into new segments and industries,” stated Catharina Eklof, CCO of IDEX Biometrics. “The identity access management market is estimated to reach $53 billion by 2026, and our joint solution with MCS positions us well in this emerging market.”
“MCS is leading the technology development for e-passports and multi-application ID cards, and our partnership with IDEX Biometrics ensures continued acceleration with industry-leading technologies,” said Chas Yap, Managing Director of MCS. “This new biometric multi-application card solution is cost-efficient, long-lasting, has superior biometric performance, and addresses key business challenges for our customers.”
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