Zwipe and Liveo Research are partnering to enhance biometric payment card offering

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Zwipe and Liveo Research are partnering to enhance biometric payment card offering

OSLO, NORWAY– 28 JULY 2020 Biometric fintech company Zwipe and Liveo Research, a major supplier of PVC materials to some of the world’s largest card manufacturers, have partnered to offer a highly optimized route to efficient and scalable manufacturing of biometric payment cards. This is key in supporting the ongoing industrialization of the Zwipe Pay family of products.

Liveo Research is a global manufacturer of rigid packaging solutions focusing on pharma packaging innovations, specialty films and card solutions. With around 1,100 employees across five locations worldwide, Liveo is generating annual sales of more than 350 million euros.

“We are excited to collaborate with Zwipe, a pioneer in the field of biometric payment cards, to promote and roll out the Zwipe Pay ONE platform that will radically reduce the cost and complexity associated with card production process”, says Managing Director at Liveo Research, Mr. Pietro Parmeggiani.

Speaking on the partnership André Løvestam, CEO of Zwipe says, “This showcases how Zwipe is leveraging the payment ecosystem’s key players to enable best-in-class solutions and grow the biometric payment card segment. Liveo Research is a strong stakeholder and working together we will be able to further strengthen the value proposition to smart card manufacturers.”

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About Liveo Research

Since 1953 Liveo Research’s Castiglione facility has been at the forefront of technological innovation in vinyl calendaring. Decades of commitment to manufacturing quality and enhanced rigid films properties has given Liveo’s card manufacturers the extra edge to easily move into new niche market with even newer technological requirement. Today, Liveo’s SICO films are sought after for high quality secure payment cards, e-government, IoT SIM/GSM, M2M, access controls cards, where they withstand daily handling while maintaining a pristine appearance and data integrity. Liveo Research SICO films are available globally with two primary manufacturing sites, Castiglione, Italy, where it all began and, Delaware City, DE, USA. To learn more, visit www.liveoresearch.com

For more information contact: cs.eu@liveo-research.com

For more information about Zwipe contact: André Løvestam, CEO, +47 991 66 135 info@zwipe.com

Zwipe AS: Notification of Primary Insider Transaction

OSLO, NORWAY – 24 July 2020 Primary insider Diderik Schonheyder, board member at Zwipe AS, has today acquired 5,000 shares at an average price per share of SEK 13,30. Diderik Schonheyder’s shareholding after the transaction is 5,000 shares.

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This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act


For further information please contact: André Løvestam, CEO, +47 991 66 135 ir@zwipe.com

Zwipe AS: Notification of primary insider transaction

OSLO, NORWAY – 20 July 2020 Primary insider Bishwajit Choudhary, Executive Vice President of Strategy & Channels at Zwipe AS, has today acquired 5,500 shares at an average price per share of SEK 12,78. Bishwajit Choudhary’s shareholding after the transaction is 5,500 shares.

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This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

For more information contact: André Løvestam, CEO, +47 991 66 135 ir@zwipe.com

Biometric payments coming to a bank near you

Summer Greetings from André Løvestam, CEO of Zwipe

OSLO, NORWAY– 6 JULY 2020 It has been a busy and momentous last few months in the world of biometric payments. I am pleased to see how our partners and customers are strengthening their capacity to deliver next generation contactless payment solutions powered by biometric payments platforms from Zwipe. We observe first-hand an increasing awareness and interest from banks, local card schemes and even retailers that are sharing the view that biometric payments provide significant value to consumers.

What is happening in the marketplace?

Several “1st generation” biometric payment card platforms are now making their way towards the first small-scale commercial launches in 2020. These recent developments clearly signal that this technology will see commercial break-through, representing not only a means for banks to offer “peace of mind” to cardholders and achieve top-of-wallet effects, but also to realize a new source of revenue and value creation.

For fully understandable reasons, the payments ecosystem is by and large conservative, cost conscious and risk averse. This is why the biometric payments market has been long in the making.

Things are now changing, however. At an accelerating pace. Observing how the engagement and proactivity of our partners and the ecosystem are currently growing, I see clear indications that momentum is building, with awareness and interest increasing everywhere.

The team at Zwipe and myself are very excited by this progress.

Here is an overview of our recent major announcements:

It is all coming together

On the supply side, technology advancement, radical cost reduction and scalable production readiness are factors that make biometric payment a feasible proposition. On the demand side, COVID-19 has triggered growing demand and awareness for safe and hygienic payments in the entire society, with transaction limits raised in more than 40 countries worldwide to avoid unnecessary PIN entry and contactless payment rapidly growing everywhere. This builds on the already strong consumer interest for biometric payments before COVID-19, driven by the demand for convenience, security and the “coolness factor” derived from innovative solutions.

Our Zwipe Pay ONE platform is progressing as planned to deliver superior energy efficiency and excellent biometric performance at significantly lowered manufacturing cost thanks to advanced, single-chip innovation. Our confidence that this will be a very compelling proposition has grown further based on the series of recent awards given by smart card manufacturers for Zwipe Pay ONE to power their upcoming biometric payment cards.

Zwipe has pioneered biometric payment card technology and we now see commercial opportunities and engagements developing across the payment ecosystems. We see growing interest from smart card manufacturers, banks, payment schemes and retailers to see how Zwipe can help them to address consumer needs and concerns over contactless payments.

What Zwipe does goes far beyond the technology, it is about helping every stakeholder maximize the value that biometric payments can bring to society. As communicated in our PR on 2 June, we are complementing our collaboration with our direct customers, the smart card manufacturers, by actively stepping up our engagements with banks and neo-banks, as well as new players in card issuance, such as retailers and tech companies. I feel confident that this will accelerate our route to success while creating value for our customers, shareholders, and consumers.

I would like to take the opportunity to thank each member of my great team at Zwipe for their relentless efforts in Making Convenience Safe and Secure. On behalf of everyone at Zwipe, I wish all our customers, partners, shareholders and avid followers a safe and happy summer.

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For more information contact: André Løvestam, CEO, +47 991 66 135 info@zwipe.com

Zwipe and Publicenter collaborate on biometric payment solutions

BOLOGNA, ITALY and OSLO, NORWAY– 1 July 2020 Biometric fintech company Zwipe and Publicenter, Italy’s largest domestic smart card manufacturer, are pleased to announce the launch of a collaboration aimed at bringing the next generation contactless experience, powered by biometric payment cards and wearables to financial institutions and consumers across Europe.

Publicenter is a VISA and Mastercard certified smart card manufacturer, with over forty years of experience in card production and personalization. It delivers payment, loyalty and gift cards to major banking and retail customers in Italy and Europe.

“We have seen firsthand the potential of biometric payment cards and successful market trials in Italy, run on the Zwipe platform. With many of our customers asking for this product, we are confident that the partnership with Zwipe will be the most cost effective and time efficient route for us to offer this solution at scale” says CEO of Publicenter, Sandro Mucelli.

In Italy, 50% of all POS transactions processed were already contactless* pre-COVID 2019, and, as a result of increased transaction limits and an elevated focus on safety, this has grown since. With businesses beginning to open again, Publicenter plans to engage with customers to promote the value-add of biometric payment solutions.

“We are excited to work with Publicenter who have strong engagements with banks and retailers across Europe, including in our own home region of the Nordics. Working together, we will identify new commercial opportunities for both companies and implement a successful roll-out of Zwipe Pay ONE,” says André Løvestam, CEO of Zwipe.

*) Source: Europe; Spaargids.be; July 2018; Numbers concern payments processed by MasterCard

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About Publicenter

Publicenter has over forty years’ experience in high quality and cost-effective smart card production and personalization, being one of the leading card manufacturers in Europe. Main products are financial smart cards, loyalty/gift cards, and ID cards. Headquartered in Bologna, Italy, Publicenter is a Visa and Mastercard certified vendor for over 15 years. To learn more, visit www.publicenter.it

For more information contact: Sandro Mucelli, CEO, info@publicenter.it

For more information about Zwipe contact: André Løvestam, CEO, +47 991 66 135 info@zwipe.com

Zwipe and Thomas Greg and Sons do Brasil renew and extend exclusive partnership

OSLO, NORWAY – 29 June 2020 Biometric fintech pioneer Zwipe and Thomas Greg and Sons do Brasil (TGS), one the largest smart card manufacturers in Latin America, are pleased to announce the extension of their exclusive partnership.

As part of uplifting the collaboration, TGS is commencing small scale manufacturing of biometric payment cards based on Zwipe’s platform, embracing the road to Zwipe Pay ONE and aiming to gradually ramp up production to address the ongoing market demand for safer and more secure contactless payments.

Since announcing the partnership in April 2019, the two companies have been working closely to fine-tune the technical aspects of the solution and evaluate the market appetite for biometric payments.

“We are now seeing increasing interest in biometric payment cards in our region, especially as consumers become much more familiar with contactless payments and demand safer and more hygienic payment alternatives in store. We have worked closely to adapt our manufacturing processes to integrate Zwipe’s biometric solution in our card production and we are excited to take this partnership to the next level,” says Mr. Hernani Finazzi, CEO of TGS.

“Latin America is a fast-emerging region when it comes to payment card usage. We are extremely glad TGS is taking a key step to embrace the Zwipe platform and bring our collaboration to a new level. We look forward to jointly addressing the needs of banks and consumers in Latin America going forward,” says André Løvestam, CEO of Zwipe.

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About Thomas Greg & Sons do Brasil

The group Thomas Greg & Sons established in Brazil in 2000 to serve the Brazilian security printing market. In its 20 years of operation, the company has consolidated as one of the largest companies in the segments of Security Prints, Solutions, Smart Cards, Identification Systems and Traceability. Currently, the group is present in thirteen countries, with more than 10,000 employees. In Brazil, it has a branch in eleven states providing the national driver's license, identity card with automated biometric identification system, vehicle ownership document, traceability stamps, diplomas, electoral system, smart cards, among others.

To learn more, visit www.thomasgreg.com.br

Media Contact for Thomas Greg & Sons do Brasil: Hernani Finazzi, CEO +55 11 2666 8821, vendas@thomasgreg.com.br

For more information contact: André Løvestam, CEO, +47 991 66 135 info@zwipe.com