POSTED : 06,11,18 - 10:00 am

OSLO, NORWAY – November 6, 2018 – Biometric technology company Zwipe is pleased to announce that Marcio Stervid has been promoted to Senior Vice President of Payments leading a recently re-organized business unit that will now include commercial, business development, product management and marketing functions.


Commenting on this latest development André Løvestam, CEO of Zwipe said “To synchronize our commercial activities, and to be fully aligned with current and future market conditions and requirements, we have now set up our market facing team to be more agile and dynamic in addressing the growing global opportunities that we are seeing.” He adds “with the strong market momentum we are seeing, we plan to add more resources to this team to support our commercial and business development activities in different regions while simultaneously solidifying our technical and supply chain teams in the United States.”


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About Zwipe

Zwipe is a technology solution provider that enables battery-less, ultra-low-power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within security, financial services and ID applications, Zwipe is “Making Convenience Secure™” for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe’s solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards. To learn more, visit www.zwipe.com


Media Contact for Zwipe: Ado Fazlic, VP Marketing, +47 930 44 040 ado@zwipe.com

POSTED : 05,11,18 - 6:22 am

OSLO, NORWAY – November 5, 2018 – Biometric technology company Zwipe introduces a comprehensive range of white label fingerprint enrolment solutions for biometric payment cards, developed and designed for use by banks and issuers. The proprietary solutions include a secure at-home biometric payment card enrolment kit that fits inside an envelope and a software suite designed for banks to use in branch.


Biometric payment cards enable users to complete payment transactions by using their fingerprint as the primary method of user authentication. Reflecting regional differences in banking regulations and preferences, there are multiple methods of registering the user’s fingerprint on a card. In many parts of Europe, North America and the Asia Pacific region issuers will prefer to mail biometric payment cards to their customers’ homes as is commonly done with today’s payment cards. In other regions, such as the Middle East and Africa, issuers will require customers to visit a bank branch to register their fingerprint. Zwipe is introducing solutions for both at-home enrolment and in branch enrolment.


Zwipe’s intuitive at-home enrolment kit has the card neatly fixed to a power source in a design much like a “powered greeting card”, which fits inside a traditional envelope, effectively turning the card on and off by opening and closing the enrolment kit. In this way, cardholders can securely register their unique fingerprint in the privacy of their own homes. Zwipe's enrolment solution is as fast and easy to use as consumers have become used to with their smartphones. Zwipe has protected the intellectual property associated with the user experience and unique technical and mechanical design. This short explainer video shows how the process will work. 





Commenting on this milestone for Zwipe, CEO André Løvestam said “Zwipe’s innovative home enrolment kit is an easy to use and cost-effective method of delivering cards to consumers and a critical piece in making biometric payment cards mass market ready.” He adds “Our solutions for fingerprint enrolment protect users’ privacy as the biometric information will only be on the card and no-where else. The solutions are based on Zwipe’s deep understanding of what is needed to ensure a convenient user experience for biometric payment cards, enabling customer enrolment and onboarding to become a new strategic business line for Zwipe.”


In addition to this offering, Zwipe is also releasing a software application, specifically targeting regions requiring in branch enrolment. This customizable white label product will allow varied stakeholders to securely enrol customers via a tablet or enrolment kiosk in the bank branch. The software will enable banks to brand and tailor their enrolment experience while quickly and effectively registering the customer’s fingerprint onto their new biometric payment card.


Zwipe will be demonstrating its fingerprint enrolment solutions at Fintech Connect Live, in London, on December 5th and 6th 2018.


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POSTED : 26,10,18 - 7:11 am

OSLO, NORWAY – October 26, 2018 – Biometric technology company Zwipe appoints Pierre Girod as Head of Certification.


Prior to joining Zwipe, Mr. Girod spent more than ten years at Mastercard, leading card and terminal testing and certification efforts. He served as Head of Labs Accreditation, served on the EMVCo Terminal Approval Working Group and was a key contributor in Terminal Quality Management (TQM) and Card Quality Management (CQM) processes. His technical background features both senior and advisory postings with many global corporations including Gemalto and Sopra Steria.


Pierre will lead Zwipe’s certification efforts, serving as Zwipe’s primary liaison with the payment networks. He will also be responsible for other payment industry affiliated specification bodies such as EMVCo and the FIDO alliance.


Zwipe’s technology platform is currently being integrated by multiple leading card manufacturers into battery-less dual-interface biometric payment cards. Zwipe and its partners are now entering into the phase where dual-interface biometric payment cards can be certified based on specifications defined by the leading payment networks. Together with its partners, Zwipe plans to have such certifications completed by mid-2019.


Commenting on this latest addition to the Zwipe team, André Løvestam, CEO of Zwipe, said “over the last few months Zwipe has achieved major technical milestones in preparing our technology platform for certification and commercial deployment,” adding “certifications will continue to be a part of how we operate in the financial services market. We see this as a strategic recruitment for Zwipe as Pierre brings deep certification knowledge and experience to the Zwipe team to successfully handle such important processes.”


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About Zwipe AS


Zwipe is a technology solution provider that enables battery-less, ultra-low-power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within security, financial services and ID applications, Zwipe is “Making Convenience Secure™” for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe’s solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards. To learn more, visit www.zwipe.com


Media Contact for Zwipe: Ado Fazlic, VP Marketing, +47 930 44 040 ado@zwipe.com

POSTED : 22,10,18 - 7:07 am



LAS VEGAS, USA – October 22, 2018 – Biometric technology company Zwipe and pioneering wearables technology company Tappy Technologies are proud to announce their partnership to jointly develop and launch biometric enabled wearable payment, access and digital authentication devices. With this agreement Tappy Technologies will be licensing Zwipe’s core intellectual property, enabling biometric authentication in a range of form factors.

Tappy Technologies is an innovative global provider of tokenization services, providing the most essential elements to enable wearable payment applications for major payment schemes, leading issuers and world-renowned fashion labels serving as the primary manufacturer for some of the world’s most recognized watch brands. Speaking on the agreement Wayne Leung, CEO of Tappy Technologies said, “we count some of the biggest payment networks, banks and watch brands in the world as our trusted customers and we strongly believe that the future of wearable payments will be biometric. In 2017 brands partnering with us sold over 85 million units, and we expect to see our wearable payment and tokenization platform deployed in millions of units over the next years and we are proud to partner with Zwipe to enable biometric authentication as part of this portfolio next year.” Adding, “at Tappy we have an insatiable appetite for innovation and our latest offering, a unique biometric wearable solution is going to be a game changer in the wearable payment space as it enables second factor authentication in passive devices, offering the most secure & seamless wearable contactless payment experience to our customers.”


The two companies expect to demonstrate the first prototype before the end of this year.


Commenting on this agreement André Løvestam, CEO of Zwipe said, “Zwipe is paving the way to enable financial services in wearable devices, in addition to payment cards. Tappy Technologies is a proven leader in this segment and we are very excited to join forces in bringing this innovative solution into the hands of the consumer.”


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About Tappy Technologies Ltd.

Headquartered in Hong Kong, Tappy is a pioneer in wearable payments & access -providing secure, trustworthy solutions. Tappy’s Technology can be fully integrated into form factors like watches, bracelets, jewellery, fitness bands & many other kinds of accessories, instantly transforming them into payment & access devices. Achieving global EMV Standards, Tappy provides the highest level of security for payments and transactions. www.tappytech.com


Media Contact for Tappy Technologies: Suboor Ahmed, +85263321453 , suboor@tappytech.com



About Zwipe

Zwipe is a technology solution provider that enables battery-less, ultra-low-power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within security, financial services and ID applications, Zwipe is “Making Convenience Secure™” for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe’s solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards. To learn more, visit www.zwipe.com


Media Contact for Zwipe: Ado Fazlic, VP Marketing, +47 930 44 040 ado@zwipe.com

POSTED : 06,09,18 - 3:04 pm OSLO, NORWAY – 06 SEPTEMBER 2018 – Biometric technology company Zwipe is pleased to announce that it has strengthened its commercial team with the appointment of Marcio Stervid as Vice President of Strategic Partnerships & Alliances. Mr. Stervid will drive transformational sales globally through new partners and strategic alliances facilitating and promoting Zwipe’s solutions through direct and indirect channels.

Mr. Stervid has over 28 years of experience working at senior positions for the likes of Verifone, Gemalto and Bank of America.  He has worked predominantly in the payments industry with specific commercial and industrial expertise in issuing, acquiring, transaction processing and omnichannel services and solution sales.

Prior to Zwipe Mr. Stervid led Strategic Partnerships at AltaPay, a subsidiary of Valitor Group, an industry leading omnichannel provider specializing in security-based payment solutions. He holds an MBA from Alliance Manchester Business School in the UK, as well as a BA in Systems Analysis and an MA in Business Administration from prominent universities in Brazil.

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About Zwipe

Zwipe is a technology solution provider that enables battery-less, ultra-low-power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within security, financial services and ID applications, Zwipe is “Making Convenience Secure™” for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe’s solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards. To learn more, visit www.zwipe.com

Media Contact for Zwipe: Ado Fazlic, VP Marketing, +47 930 44 040 ado@zwipe.com
POSTED : 28,08,18 - 8:00 am

SHENZHEN, CHINA,  28 AUGUST, 2018 - Biometric technology company Zwipe and Silone CardTech, a VISA, Mastercard, China UnionPay and JCB certified card manufacturer based in Shenzhen, China have announced a partnership to launch battery-less dual-interface biometric payment cards with banks and loyalty programs in China.


Commenting on the partnership, CEO of Silone CardTech, William Ju said “We thoroughly evaluated the various offerings in the market and Zwipe’s technology platform was the only offering genuinely capable of performing battery-less dual-interface biometric authentication within the rigors of the existing payment card ecosystem, enabling us to offer our customers, some of the largest banks and loyalty programs in China, a cutting edge solution that we are confident will be well received in the marketplace.”


Silone CardTech specializes in manufacturing a range of card products, tokens, modules, inlays, key fobs and smart wristbands. They have an established customer base predominantly in China and the Asia Pacific region, offering solutions for access control, government identification, ticketing, retail and banking markets. Silone has already received interest from customers for biometric payment cards with pilots expected to be identified in the coming months.


Speaking on the partnership, André Løvestam, CEO of Zwipe said “We are happy to add Silone as a trusted manufacturer to our growing list of partners as banks in the region and the world are demanding the convenience and security that our unique technology enables.”


Silone CardTech will be presenting their battery-less dual interface biometric payment card at Trustech in Cannes, France this November.


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About Silone CardTech
Founded in 2001 in Shenzhen, China, Silone CardTech specializes in the development, design, manufacturing and sale of high quality contactless, contact and dual-interface smart cards, as well as manufacturing and design of production and testing equipment for the smart card industry. With subsidiaries in Hong Kong and USA, Silone products are used worldwide in the market such as banking, secure physical and logical identification and access, public transportation, GSM, etc. For more information please visit www.silone.com


Media Contact for Silone CardTech: Jacky Song, jsong@silone.cn,  +86 755 26993500


Media Contact for Zwipe: Ado Fazlic, VP Marketing: ado@zwipe.com, +47 930 44 040

post-1925
POSTED : 04,06,18 - 7:33 am

AMSTERDAM, NETHERLANDS,  4 JUNE, 2018 - According to a research study completed by market research agency Motivaction, over 1000 respondents throughout the Netherlands representing a diverse range of participants from 18 to 65 years of age and older expressed their perceptions of contactless payment and biometrics as part of a study comissioned by Zwipe.


 



  • The Dutch like to use contactless payment, but want to do it safely, with most participants expressing concerns surrounding security

  • 50% believe that paying with biometrics will be the future of banking

  • Zwipe is the first to offer battery-less fingerprint recognition technology for payment cards


Contactless payment was introduced to the Netherlands in 2013.  Many Dutch consumers have been issued dual-interface payment cards and are using payment applications on their smartphones to complete contactless transactions where available. When completing a contactless transaction a consumer simply needs to present their card within close proximity to the payment terminal in order to complete the payment. To limit fraud and appease initial consumer concerns surrounding contactless, banks have imposed transactions limits. In the Netherlands card payments of more than 25 EUR require a PIN code, in addition to some older cards requiring a PIN code after five transactions below the limit. Most merchants and retailers support the latest payment terminal technology allowing for contactless payment.


The core findings support conclusions that Dutch people, young and old, find contactless payment convenient. On the other hand, the safety of contactless payment is still a concern, with over 60% fearing contactless skimming and close to 40% believing that it is not secure enough in general. With that in mind, half of the respondents surveyed want their current bank to offer fingerprint authenticated contactless payment as quickly as possible.


Developing innovative solutions that address this challenge is  Zwipe, a pioneer in the field of biometric technology and a leading innovator that has developed a unique technology platform that is embedded in battery-less dual-interface biometric payment cards that are currently being piloted by VISA in multiple regions.


"The research clearly shows that contactless payments in the Netherlands is something that Dutch consumers want," says André Løvestam CEO of Zwipe. "However, security has always been a concern. The fact that you still have to enter a PIN code when completing larger transactions amounts at the moment of payment makes the experience less frictionless and makes the average consumer hesitate to use it in the first place. Zwipe is the first to have developed an innovative and secure solution for integrating fingerprint recognition on payment cards, making the customer journey more frictionless and more secure simultaneously. This allows banks, who are competing like never before, an opportunity to offer their customers the best of both worlds: the ease and speed of contactless with stronger security."


Zwipe is presenting its unique technology offering at during Money20/20 Europe, from 4 to 6 June in the Amsterdam RAI.


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For further comments, please contact:


Ado Fazlic, VP Marketing: ado@zwipe.com, +47 930 44 040

POSTED : 24,05,18 - 3:00 pm

OSLO, NORWAY – 24 May 2018, at the Annual General Meeting (AGM) of Zwipe AS held May 22 2018, Jörgen Lantto was elected as the new Chairman of the Board of Directors, replacing Clas Thelin. In addition, Kim Humborstad, Dorian Barak, Francis van den Bosch, Johan Biehl and Dennis Jones were elected as new board members. Dorian Barak will replace Dr. Lui Ruopeng as board representative for the company’s largest shareholder, Kuang-Chi. Kim Humborstad will act as Deputy Chairman. Lars Windfeldt, Espen Tøndel and Weizi Huang were re-elected.


The new board has substantial combined industry and financial experience and will support Zwipe and its leadership team’s execution of a sharpened strategy focused on commercial success and growth as it integrates its technology platform within the biometric payment cards market first and then into other verticals, services and form factors such as wearables and IoT devices. Together with an ecosystem of partners including global brands within security, financial services and IDs, Zwipe is on a mission of ‘Making Convenience Secure™’ for a wide range of industries and technology form factors.


Below follows a short description of the newly elected Chairman and Board members:


Jörgen Lantto


Mr. Lantto has been a member of Zwipe’s Board of Directors since November 2016 and is a key strategic advisor working closely with the company’s management to shape the path Zwipe takes moving forward. He is the former CEO of Fingerprint Cards AB, one of Zwipe’s key partners supplying  fingerprint sensors. At Fingerprint Cards he also served as CTO and head of strategy and product management. Mr. Lantto has also held a range of senior executive positions at global ICT company Ericsson.


Kim Humborstad


Kim Humborstad founded Zwipe in 2009 (then OrigoID) and worked as its CEO until February 2018, at which time he transitioned to a new role as  Chief Growth Officer (CGO) at Zwipe. As CGO he is focused on identifying new business and technology integration platforms for Zwipe. Mr. Humborstad is the winner of several awards, including but not limited to FERD-award for highest international potential and FinTech award for innovation in payments. He holds a BS in Innovation and Entrepreneurship from Telemark University College.


Dorian Barak


Mr. Barak is a seasoned private equity investor and fund manager. He is the CEO of Indigo Global, a capital advisory firm, and serves on the boards of directors of companies active in the technology, natural resources and aviation sectors. He is an Executive Director of Kuang-Chi Science Limited and chairs its international activities, which include investments in technology companies in North America, Europe and Israel. He was formerly MD and Head of International M&A at Israel’s largest financial group, attorney with Skadden Arps in New York and Consultant with The Boston Consulting Group (BCG). Mr. Barak holds a J.D. from Yale Law School, an M.A. from Oxford University and B.A. from UCLA.


Francis Van den Bosch


Francis Van den Bosch serves in several advisory and board roles with start-up companies in the field of technology for the retail banking and payments markets. During the first 15 years of his career he held a number of Sales and Marketing Management roles in the consumer banking sector of Citibank, covering both European and the US markets. He worked as general manager for MasterCard Europe, followed by a global CEO role to set up the global debit POS and ATM system Maestro. Afterwards he headed up a Brussels based company (MCE) that specialized in management development services to international companies.


Johan Biehl


For the last seven years, Johan Biehl, founder and CEO of Biehl Invest AB, has spent most of his time working as a private investor and trader. In addition, he is a member of the board and Investment Manager at Feat Invest AB. Mr. Biehl is focused on small- and micro-cap investments and today has several investments in listed and unlisted companies predominantly in the tech industry. He also has prior experience as an equity research analyst with Remium Nordic AB covering micro-cap companies and has held several positions in B2B sales and sales management. Mr. Biehl holds a degree in finance from Stockholm University.


Dennis Jones


Mr. Jones is the former Chief Operating Officer of TSYS Issuer Solutions, a US-based global payment processing company, prior to which he was the Chairman of Paysafe PLC, a UK-based FTSE 250 global payments company. Mr. Jones holds extensive experience in the fintech, payments and payment processing sectors, having held Executive and Board positions in the UK as Chairman of MasterCard UK Ltd and various Executive roles with RBS and NatWest. He also has experience from the US as Director, President and CEO of RBS National Bank and as a Non-Executive Director of Argus Information Services and Kroger Personal Finance. In addition, Mr. Jones worked in China as an Executive Director of the credit card joint venture between RBS and the Bank of China.


Following these changes, the new Board of Directors consists of the following members:




  • Jørgen Lantto (chairman)

  • Kim Humborstad (deputy chairman)

  • Lars Windfeldt

  • Espen Tøndel

  • Weizi Huang

  • Francis van den Bosch

  • Johan Biehl

  • Dorian Barak

  • Dennis Jones


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For further comments, please contact:

Lisbeth Breum, CFO: lisbeth@zwipe.com, +47 93 22 81 26

Ado Fazlic, VP Marketing: ado@zwipe.com, +47 930 44 040
POSTED : 15,04,18 - 10:00 am

DUBAI, UNITED ARAB EMIRATES – 15 APRIL 2018Digital security world leader Gemalto and biometric technology company Zwipe have partnered with areeba, a financial and payment technology company in the Middle East and Africa, with the support of Unilux Cards, to pilot Visa’s first battery-less dual interface biometric payment card (chip- and contactless-enabled) in the Middle East.


The biometric payment card will be presented by areeba & Visa in partnership with Gemalto and Zwipe, during Seamless Middle East in Dubai. The pilot aims to test the use of fingerprint recognition as a more convenient and secure alternative to PIN or signature to authenticate the cardholder during a transaction.


Commenting on the agreement, Maher Mikati, CEO of Areeba, said: “areeba is committed to investing in new capabilities that deliver better & more secure payment solutions; using fingerprint technology to authenticate a person for payments will provide cardholders a faster, easier and more secure payment process compared to the traditional use of PINs.  We are proud to partner with Visa, Gemalto and Zwipe to run this pilot program in the Middle East and make this innovative product available for financial institutions who are keen to integrate biometric technology into their payment cards to enhance convenience and reduce fraud.”


Nathan Cushnie, Visa’s Head of Digital Solutions for MENA, commented: “Just last month, we released findings from our survey[1] of UAE consumer attitudes towards biometrics which revealed that 98 per cent of consumers surveyed in the UAE are keen to use biometrics such as fingerprint recognition for payments. The pace of digital transformation in the region is opening up new opportunities for innovation, and our partnership with areeba marks another milestone in our commitment to introducing secure and convenient technology that more and more consumers across the region want.”


Commenting on this newest partnership, André Løvestam, CEO of Zwipe said: “We are proud to partner with leading financial and payment technology companies like areeba who share our first mover vision when it comes to making payments more secure and convenient.” He adds: “We have seen a major surge in interest for our market leading battery-less dual interface biometric payment technology especially in the Middle East and we are confident that millions of consumers will be using their fingerprints and Zwipe technology to securely authenticate themselves and conveniently complete transactions going forward.”


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[1] 2018 Biometrics Survey commissioned by Visa and conducted by AYTM Market Research. 500 consumers in UAE were surveyed


 

Zwipe PR Contact: Ado Fazlic, ado@zwipe.com, +47 930 44 040

POSTED : 27,02,18 - 8:00 am

OSLO, NORWAY – 27 February 2018, Biometric technology company Zwipe’s Board of Directors has appointed André Løvestam (born 1966) as the company’s new Chief Executive Officer (CEO). He will replace founder and CEO Kim Humborstad from 1 March 2018.


André Løvestam has a strong career comprising several CEO and other executive positions at publicly listed Nordic ICT and FMCG companies, among them Atea, TeleComputing, Tomra and Orkla. He is currently coming from the position as Head of Asia Pacific at The Future Group (TFG), an international media technology company.


Kim Humborstad, who founded Zwipe and has served as the company’s CEO since 2009, will move to a new role as Zwipe’s Chief Growth Officer (CGO). In his new role, Humborstad will work across the key areas that drive growth and support the alignment between customer and partner needs and Zwipe’s marketing, product development and R&D. Humborstad is also expected to join the Board of Directors subject to election at the upcoming Annual Shareholders’ Meeting in March 2018.


“André Løvestam’s experience and expertise are well suited to the strategic goals of Zwipe, including operational scale-up, increased international sales and corporate financing activities. He has a proven track record as an enthusiastic and successful leader, assets that will be of great value for Zwipe” says Chairman of the Board of Directors, Clas Thelin.


“I am also excited that Zwipe’s founder, Kim Humborstad, will continue to contribute to the company’s development, both in an operational role and as a member of the Board of Directors when approved by the general meeting.”


“The Zwipe team has clear values set on delivering great customer experiences, authenticating people across multiple platforms and markets. I’m looking forward to seeing André Løvestam join the team and lead Zwipe’s scale-up in 2018 and beyond”, Thelin continues.


“As the first company in the world to offer a dual interface fingerprint activated card for Financial Services and other markets, using a proprietary biometric engine to perform full ID verification without the use of batteries or fixed power supply, Zwipe is perfectly positioned to reap the benefits of the expected strong growth for biometrics on a global scale. I am delighted to join the competent Zwipe team and look forward to lead Zwipe’s charge ahead based on a clear strategy and ambitious targets”, says André Løvestam.


Commenting on the appointment, Kim Humborstad said “I am tremendously proud of what we’ve built with Zwipe, taking the biometric card concept from an idea to a strong industry position in an emerging global biometrics market. Now I look forward to sharpen focus on market adoption and top-line growth, while supporting André in building the operational machinery and ensuring the financing required to implement Zwipe’s ambitious growth strategy”.


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Further information:


Clas Thelin, Chairman of the Board of Directors  clasthelin@candeo-group.com


André Løvestam, andre@energetic.no


Kim Humborstad, kim@zwipe.com


Lisbeth Breum, lisbeth@zwipe.com