OSLO, NORWAY - 19 April 2022 - The share capital increase of 150,000 new shares in Zwipe AS, as resolved by the board meeting of the company on 24 March 2022, has today been registered in the Norwegian Register of Business Enterprises. The new share capital is NOK 3,751,668.50, and the new number of shares and votes is 37,516,685
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries and cultures to make convenience safe and secure. We are pioneering next-generation biometric card and wearables technology for payment and physical & logical access control and identification solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit www.zwipe.com
For more information, please contact:
Lars Kristian Solheim, CFO
+47 991 661 35
This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Euronext Growth Market Oslo and on Nasdaq First North Growth Market Stockholm. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0) 8528 00 399. The information was submitted for publication, through the agency of the contact person set out above, at 11:30 CET on 19 April 2022.
OSLO, NORWAY and ZURICH, SWITZERLAND – 14 April 2022 – Zwipe, a leading provider of on-card biometric solutions, has partnered with LEGIC Identsystems, one of the leading experts in end-to-end security for smartphone and smartcard-based access and mobility solutions. The partnership will provide end-to-end biometric access control solutions using LEGIC’s Security Platform.
On the backdrop of increasing requirements for security, data privacy and GDPR compliance, Zwipe and LEGIC Identsystems have successfully combined their respective high performance and innovative technologies for a next generation biometric system-on-card for access control. This solution provides highly secure multi-factor authentication integrated in an ID-Card form factor.
Speaking on the partnership, John Harvey, Head of BU Access Control at LEGIC said, “Zwipe’s embedded biometric verification in batteryless smartcards adds a revolutionary new layer of security to the huge installed base of LEGIC card-based access control systems worldwide. This innovation brings benefits that were formerly only available on smartphone solutions, while preserving existing infrastructure and drastically reducing time-to-market ”.
“We are very excited with our cooperation with LEGIC, one of the leading global providers of end-to-end security platforms for smartphone- and smartcard-based access, mobility, shared resource and industrial IoT applications. We are already working on several sharp customer cases based on LEGIC’s Security Platform. We are confident this is only the start of a long series of opportunities with LEGIC”, said André Løvestam, CEO of Zwipe.
Zwipe Access adds two-factor authentication to existing contactless card-based access control systems without the need to upgrade any of the existing infrastructures, meaning that no new readers, pin pads or cameras need be installed at the doors, gates, or turnstiles. The authorized user’s fingerprints data are captured, using the card’s integrated fingerprint sensor, encrypted, and then stored in the card's secure element.
The biometric data are not shared with anyone, and no database is needed which ensures privacy and simplifies the path towards GDPR’s compliance. The biometric verification on card ensures that only the legitimate cardholder is granted access. Zwipe Access is contactless, batteryless and easy to use, with significantly shorter transaction time than conventional biometric access control systems.
To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com
About LEGIC
For over 25 years, Swiss-based LEGIC Identsystems has enabled companies from around the world to deploy solutions with demanding security requirements. Based on key management, trusted services, and secure, contactless semiconductors, the LEGIC Security Platform provides end-to-end security for smartphone- and smartcard-based access, mobility, shared resource and industrial IoT applications.
For more information, please contact Natascha Marty, Corporate Communications Manager, LEGIC Identsystems Ltd. at + 41 44 933 64 64 or natascha.marty@legic.co
OSLO, NORWAY and AMMAN, JORDAN – 12 April 2022 – Zwipe and CSC-Jordan are pleased to announce their collaboration to pilot Biometric Payment Cards built on the Zwipe Pay platform. This pilot will be deployed with CSC-Jordan's own issued cards, paving the way for CSC-Jordan's client banks to also launch their new card products powered by biometrics from Zwipe.
CSC-Jordan is an issuer, acquirer and processor, servicing many banks in Jordan and expanding into many other territories in the region. The company offers a bouquet of services and secure payment technologies in the management and operation of electronic payment systems, including processing and authorizing financial transactions, as well as connecting ATMs and point of sale (POS) networks. CSC-Jordan is licensed by both Visa and MasterCard for which they currently issue cards.
Speaking on this development, Mr. Basem Dweik, General Manager at CSC-Jordan said, “We are pleased to partner with Zwipe, a global technology brand in biometric payment cards, to bring next generation contactless payment experience – ensuring top-class security and user experience for customers. We are aiming for the pilot to commence in the early summer of 2022.”
As part of this partnership, Zwipe will support CSC-Jordan through all stages of issuing the next generation payment cards and also offer them to other issuers in Jordan.
Ramzi Saboury, General Manager of Zwipe in the MENA Region said, “We are excited to partner with CSC-Jordan. Being a leading and multi-faceted payment company, combining its roles as issuer, acquirer and processor, CSC-Jordan is able to expand the partnership and will enable all the clients of CSC-Jordan who are interested in the next gen biometric payment cards to pilot and launch the product.”
For further information please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com
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About CSC-Jordan
At CSC-Jordan, we are proud of our role in creating the future through providing the best and latest technological solutions across all forms of electronic payments, as well as our ATM management services. We provide banks, financial institutions, retailers, companies a road to success, offering innovative solutions that are defined by their flexibility and security.
CSC-Jordan offers a bouquet of services and secure payment technologies in the management and operation of electronic payment systems. Our services include processing and authorizing financial transactions, as well as connecting ATMs and point of sale (POS) networks, along with
managing and organizing clearing and settlement procedures for financial operations. In addition, CSC is a payment services provider that exclusively issues all types of payment cards depending on our clients’ needs. We are also the proud owners and providers of the Islamic Visa credit card – Arabex. All our services respond to the developments in Jordan’s electronic payment market.
To learn more, visit www.cscjordan.com
OSLO, NORWAY and BAGHDAD, IRAQ – 4 April 2022 – Zwipe and the National Bank of Iraq are pleased to confirm that they will pilot Biometric Payment Cards built on the Zwipe Pay platform, making it one of the first pilots of the next generation contactless payment cards in Iraq.
The National Bank of Iraq (NBI) is one of the largest private banks in the country. Its majority ownership and management has been under Jordan's Capital Bank Group since 2005. The bank provides a comprehensive range of banking services to corporates and consumers. Today, NBI has 19 branches in all major cities in Iraq, a key emerging market in the Middle East seeking innovation in its payment ecosystem to minimize fraud and corruption and deliver an excellent user experience.
Speaking on this development, Mr. Ayman Abu Dhaim, CEO at the National Bank of Iraq said, “We are very pleased to partner with Zwipe, a leading technology brand in biometric payment cards globally, and areeba, a leading payment service provider in the region. We are keen to be amongst the first banks in the region to introduce this world-class innovation, ensuring that our customers are extremely well protected when using payment cards while enjoying a great user experience. We are aiming for the pilot to commence in the summer of 2022.”
Mr. Issam Adra, General Manager of areeba Iraq, added: “Biometric payment cards will make the lives of NBI’s customers frictionless, safer, and more secure. areeba is a well-known frontrunner in bringing wide-ranging payment innovations to markets. Zwipe is our well-established partner for biometric payment cards, and we are very pleased about extending our collaboration to Iraq.”
Ramzi Saboury, General Manager of Zwipe in the MENA Region said, “We are excited to partner with the National Bank of Iraq. I am pleased that our collaboration with the Central Bank of Iraq has encouraged leading Iraqi issuers such as NBI to embrace next-generation payment cards. With 40 million inhabitants and 7 million payment cards, expected to grow to more than 10 million over the next 4 years according to the World Bank, Iraq represents a significant growth opportunity for Zwipe in the Middle East.”
About NBI
National Bank of Iraq, owned by Jordan's Capital Bank Group since 2005, provides a comprehensive range of innovative banking services to corporates and individuals in Iraq. With its extensive network of correspondent banks, Capital Bank stands as National Bank of Iraq’s gateway to global economies, as it facilitates sending and receiving internal and external transfers, granting credit facilities, and providing trade finance services. National Bank of Iraq can trade on behalf of its clients in the Jordanian market and in global markets through Capital Investments, Capital Bank’s investment arm- as well as providing trading services in the Iraq Stock Exchange through its wholly owned subsidiary.
The acquisition that Capital Bank Group undertook towards the end of 2020 of the Lebanese Bank Audi business in Jordan and Iraq reinforced the group’s expansion and presence in these two markets, as the branches of the National Bank of Iraq increased from 13 to 19 branches in all major cities.
In addition, the National Bank of Iraq is furthering its regional expansion with the recently established operations in the Kingdom of Saudi Arabia.
About areeba
AREEBA IRAQ FOR INFORMATION TECHNOLOGIES AND ELECTRONIC PAYMENT LLC (PRIVATE COMPANY) is an Iraqi entity fully regulated and licensed by the Central Bank of Iraq for issuing, processing and acquiring services under CBI license number 12, provides smarter, faster, and seamless payment solutions for banks, financial institutions, merchants, governments and individuals. Areeba-Iraq takes the business further by introducing new technologies to facilitate cashless payment in Iraq. Areeba-Iraq is ultimately owned by Areeba Holding Limited, the leading operating firm in the region; and is a principal member at Mastercard and Visa, as well as it has a strategic partnership with American Express.
For further information please contact: Issam Adra, General Manager , +9647803988098, www.areeba.iq or e-mail: iraq@areeba.iq
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries & cultures to make convenience safe & secure. We are pioneering next-generation biometric card and wearables technology for both payment and physical & logical access control and identification solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com
OSLO, NORWAY – 1 April 2022 – Zwipe, a leading biometric fintech company, is delighted to announce that Mr. Patrice Meilland is appointed as Chief Strategy and Product Officer effective today. Mr. Meilland’s main focus areas will be strategy, strategic partnerships and Zwipe’s product portfolio and roadmap. The product management team is placed under his leadership.
Mr. Meilland joins Zwipe from the position as SVP of Advanced Cards at Idemia, where he was responsible for Idemia’s biometric cards roadmap, including the BioSE project, as well as product lines such as eco-friendly cards, dynamic CVV cards, transport and urban mobility cards.
Mr. Meilland’s extensive business and technical experience in the semiconductor, mobile, and payment card industries include 7 years at Idemia and 26 years at STMicroelectronics and ST-Ericsson. Mr. Meilland has had P&L responsibility for businesses of over $500m and 400 persons and has acquired deep experience in strategy, business development, supply chain management, product management and more.
“I am delighted and proud to welcome Patrice to Zwipe. He is a transformative leader with a global perspective and deep industry insights gathered over more than 30 years in the industry. He is highly respected, knowledgeable and connected. As Zwipe’s Chief Strategy and Product Officer, Patrice will help defining our strategy and driving our future growth with our strategic partners and the product team, enabling Zwipe to remain one of the most competitive and dynamic companies in the industry”, said André Løvestam, CEO of Zwipe.
Mr. Meilland will be a member of Zwipe’s senior management team and report to the CEO.
“I am honored to join Zwipe and am looking forward to helping grow the company and its business, as well as working with the industry and ecosystem to foster adoption of biometric cards across various segments. I am also deeply convinced that, as a leading biometric fintech company, Zwipe has an important role to play in the evolution of payments and access towards biometry, and I see great potential ahead for development and growth”, said Patrice Meilland, Zwipe’s new Chief Strategy and Product Officer.
For further information, please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries & cultures to make convenience safe & secure. We are pioneering next-generation biometric card and wearables technology for both payment and physical & logical access control and ID solutions. We promise
our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit www.zwipe.com
OSLO, NORWAY - 29 March 2022 - Tag Systems, a leading provider of payment cards (and part of the AUSTRIACARD Group) has obtained the Letter of Approval (LoA) from VISA that enables the production of certified biometric payment cards using the Zwipe Pay platform.
This development confirms that Zwipe's complete solution is ready for full scale production by Tag Systems for adoption by issuers globally. Zwipe obtained its VISA Letter of Approval (LoA) for its Zwipe Pay platform on 24 March 2022, enabling smart card manufacturers working with Zwipe to swiftly obtain VISA certification for their own biometric payment card designs.
“We are pleased to see the second certification granted to our customers for biometric cards based on Zwipe Pay. On behalf of everyone at Zwipe, I would like to congratulate the team at Tag Systems and Austria Card Group on this achievement. We are ready to support your deployments,” said André Løvestam, CEO of Zwipe.
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries & cultures to make convenience safe & secure. We are pioneering next-generation biometric card and wearables technology for both payment and physical & logical access control and ID solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence. To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com
OSLO, NORWAY – 28 March 2022 – Zwipe, a leading provider of on-card biometric solutions, confirms that its biometric access control solution, Zwipe Access, has been selected by Fraport AG as one of two partners in Fraport’s “Biometrics@Controllane” project.
Fraport AG – which ranks among the world’s leading companies in the global airport business – offers a full range of integrated airport management services and boasts subsidiaries and investments around the globe. It operates within 31 airports globally, including the main airports in Frankfurt (FRA), New York (JFK), New Jersey (EWR), Baltimore/Washington (BWI), Cleveland (CLE), Nashville (BNA), Pittsburgh (PIT) and Delhi, India (DEL). Fraport has recently launched a project within its Digital Factory to identify the optimal solution for performing a biometric comparison between the airport ID card and the person requesting access. The technology is planned to be used on a few selected security checkpoints first.
Zwipe Access is a new, highly secure and at the same time easy to handle biometric smart card solution for access control. It is battery-less and fully compatible with market-leading card-based access control infrastructures. Zwipe Access adds two-factor authentication to existing contactless card-based access control systems without the need to upgrade any of the existing infrastructures, meaning that no new readers, pin pads or cameras need be installed at the doors, gates, or turnstiles. The biometric authentication provides assurance that only the legitimate person is granted access.
“We are delighted to be selected as finalists in this MVP process for Fraport AG, a lighthouse and leading innovator in the global airport industry. We look forward to demonstrating the security and excellent user experience of Zwipe Access in this MVP over the course of this summer. Authenticating legitimate access card holders, Zwipe Access provides a step change in security and control without changing the existing backend infrastructures and thereby saving cost and time,” said André Løvestam, CEO of Zwipe.
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries and cultures to make convenience safe and secure. We are pioneering next-generation biometric card and wearables technology for payment and physical & logical access control and identification solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com
OSLO, NORWAY - 25th March 2022 - Zwipe is pleased to confirm that Beautiful Card Corporation (BCC), a prominent Taiwanese card manufacturer with global deliveries, has obtained the Letter of Approval from VISA for its biometric payment cards based on the Zwipe Pay platform.
This development confirms that Zwipe's complete solution is now ready for full scale production by BCC for adoption by issuers globally. Zwipe obtained its VISA Letter of Approval (LoA) for its Zwipe Pay platform on 24th March 2022, enabling smart card manufacturers working with Zwipe to leverage Zwipe’s certification results to swiftly obtain VISA certification for their own biometric payment card designs.
“It is great to see the first confirmation of certification of biometric cards based on Zwipe Pay from one of our valued customers. We congratulate BCC on their achievement and look forward to supporting them on their growth journey powered by biometrics from Zwipe,” said André Løvestam, CEO of Zwipe.
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries & cultures to make convenience safe & secure. We are pioneering next-generation biometric card and wearables technology for both payment and physical & logical access control and ID solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence. To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com
OSLO, NORWAY – 24 March 2022 – Zwipe, a leading provider of biometric payment card solutions, is proud to announce that it has obtained the Letter of Approval (LoA) from Visa for the Zwipe Pay platform, the most advanced biometric card solution available to all smart card manufacturers in the market today. This LoA enables Zwipe’s customers (smart card manufacturers) to leverage Zwipe’s certification results to obtain Visa certification for their own biometric payment card designs.
Zwipe Pay passed all tests required to obtain the Visa Letter of Approval. This confirms that the Zwipe Pay biometric payment card platform meets the security and performance standards required by Visa. Zwipe’s complete end-to-end solution is now ready for full scale production by smart card manufacturers and adoption by issuers. The product is approved for issuance anywhere in the world.
Issuers can now leverage Visa’s global network and start to deliver biometric payment cards, built on Zwipe Pay technology.
“Having the Zwipe Pay platform certified by Visa is a historic milestone for Zwipe and our customers. Consumers will benefit from more convenient, safe, and secure ways to pay. Issuers will have the opportunity to create differentiation, accelerate customer acquisition, uplift loyalty and create new revenue streams. The pathway is now open for smart card manufacturers and issuers all over the world to certify, produce and deploy biometric Visa cards based on Zwipe Pay,” said André Løvestam, CEO of Zwipe.
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work with great passion across networks of international organizations, industries & cultures to make convenience safe & secure. We are pioneering next-generation biometric card and wearables technology for both payment and physical & logical access control and ID solutions. We promise our customers and partners deep insight and frictionless solutions, ensuring a seamless user experience with our innovative biometric products and services. Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 93 43 69 52 info@zwipe.com
This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Euronext Growth Oslo, Nasdaq First North Growth Market and the EU Market Abuse Regulation. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0) 8528 00 399. The information was submitted for publication, through the agency of the contact person set out above, at 09:45 CET on 24 March 2022.
OSLO, NORWAY– 26 January 2021 – Reference is made to the notice made public by Zwipe AS (the "Company") on 7 January 2021 at 16:29 of an extraordinary general meeting in the Company scheduled to be held on 28 January 2021 at 10:00 CET. Due to the recent increase in the applicable Covid-19 restrictions, the Company has decided that the meeting will be held with only digital participation. No physical participation will be facilitated.
If you have registered your interest in accordance with the notice of the extraordinary meeting and want to participate, please send a request via e-mail to the Company to ir@zwipe.com by CET 16:00 on 27 January 2021 to receive an invitation.
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This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Euronext Growth Market in Oslo and on Nasdaq First North Growth Market in Stockholm. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00 399. The information was submitted for publication, through the agency of the contact person set out below, on 26 January 2021 at 11:30 CEST.
Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0) 528 00 399
For more information contact: Lars Kristian Solheim, CFO, +47 991 66 135 ir@zwipe.com
About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
OSLO, NORWAY – 07 January 2021 - The board of directors of Zwipe AS call for an Extraordinary General Meeting to be held on 28 January 2021 at 10:00 CET.
Please find enclosed the notice of the Extraordinary General Meeting.
Following the capital increase in September and November, the nomination committee and the board of directors (the "Board") in Zwipe have assessed the need for changes to the nomination committee, so that the new nomination committee may assess the need for changes to the board of directors prior to the annual general meeting in 2021.
As part of its work on proposing new candidates for election to the nomination committee, the nomination committee, consisting of Paal Raaholt, Magnus Berner and Jörgen Lantto, has been in contact with several key persons related to Zwipe. The nomination committee has been in contact with shareholders, in particular the new major shareholder Vasastaden, as well as previous major shareholder (and now second largest shareholder) Lars Windfeldt. The nomination committee has also been in contact with the Board and the company's management, prior to presenting their proposal to the Board.
Resulting from these contacts, the nomination committee proposes that a new nomination committee is elected, consisting of Niclas Eriksson (Vasastaden), Lars Windfeldt and Jörgen Lantto.
“On behalf of the Board of Directors of Zwipe, I welcome the fact that our new major shareholder Vasastaden, a renowned Swedish institutional investor, wishes to take an active role as member of Zwipe’s nomination committee through its Chairman, Niclas Eriksson. I also welcome that Lars Windfeldt, who has been a major shareholder for Zwipe since 2011, wishes to join the nomination committee as its Chairman. The fact that our two largest shareholders wish to invest their time and energy into supporting the company, besides their capital investments, is very encouraging” said Jörgen Lantto, chairman of the Board of Zwipe.
As a result of this, the Board decided to call for an Extraordinary General Meeting, and proposed the following agenda:
Opening of the general meeting by the chair of the Board. Registration of meeting shareholders
Election of a meeting chairperson and person to co-sign the minutes together with the chairperson
Approval of the notice and the agenda
Election of members to the nomination committee
Proposed decisions from the Board (extracts only, please see the attachments to the notice for the full proposals)
Matter no. 4: Election of members to the nomination committee
In accordance with the proposal from the nomination committee and the support from the board of directors, the Board propose the following new nomination committee is elected:
Niclas Eriksson
Lars Windfeldt
Jörgen Lantto
Further it is proposed that Lars Windfeldt is appointed as the chair of the nomination committee.
Notice of attendance, in person or by proxy, shall be given no later than 27 January 2021 at 16:00 CET. Shareholders are encouraged to register via the following link here.
Alternatively, the attached form may be sent by e-mail to genf@dnb.no, or regular post to DNB Bank ASA, Verdipapirservice, NO-0021 Oslo.
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About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For more information, please contact:
Lars Kristian Solheim, CFO
+47 991 661 35
This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Oslo Børs Merkur Market and on Nasdaq First North Growth Market. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00 399. The information was submitted for publication, through the agency of the contact person set out below, at 16:30 CET on 7 January 2021.
Season's Greetings from André Løvestam, CEO of Zwipe
OSLO, NORWAY - 23 DECEMBER 2020 - Zwipe is enjoying strong traction in the payments industry with solid operational and commercial progress this fall and early winter.
Leading stakeholders in the global payments industry are engaging with Zwipe because of our full dedication to biometric payment solutions, and our leading technology platform, Zwipe Pay ONE. To support our global efforts, we have recruited seasoned experts, both commercial and technical, from leading companies to accelerate our mission of bringing the next generation contactless payment solutions globally.
Acceleration in partnerships and issuer engagements
Our collaboration with TietoEVRY, a leader in payment services in the Nordics and Baltics, has already proven highly effective in accelerating commercialisation of Zwipe Pay ONE. Within weeks of our go-to-market agreement we jointly secured the first pilot on Zwipe Pay ONE with OP, the largest Financial Services Group in Finland. The bank aims to bring biometric payment cards to the market after the pilot. At the same time, many more dialogues with banks are ongoing, boding well for further commercialization in Europe and beyond.
Consolidating our global delivery footprint
We continued to leverage and expand our strong global partner network. In the last six weeks alone, we consolidated our position in the Middle East significantly, cementing and finalising our technology and go-to-market partnerships with three leading players in card payments, areeba, Inkript and VeriTech. Our partners have already started to put biometric payments on the agenda of leading issuers in the Middle East. We are also gaining momentum in other fast-moving regions. During the year, we also announced five new smart card manufacturing customers (in Asia, LATAM and Europe) and some first small orders.
Continuous progress equals de-risking
Monday 21 December, Zwipe and Idemia announced that the next generation biometric card secure chip they are co-investing in, has obtained the ICCN security certificate from EMVCo, as planned. Zwipe has worldwide exclusive rights to this disruptive single-chip biometric technology which, combined with our comprehensive biometric system on card offering and our deep technical and ecosystem expertise, is what makes Zwipe the natural “One Stop Shop” for all smart card manufacturers aiming to meet the soaring demand for a more convenient, truly contact free payment experience. The ICCN certification is one important step further in de-risking our solution towards the long awaited launch in 2021.
Looking ahead
In 2020 we have experienced increased interest in biometric payment cards with commercial activities picking up and first rollouts finally commencing on certified biometric card platforms. We look forward to more such rollouts during 2021 as the now mobilized ecosystem gains pace.
Market studies from the Nordics, the UK and the United States show strong demand from consumers for safer and more secure contact-free payments. A vast majority of consumers want their next payment cards to be biometric, and 1 in 2 is even prepared to pay a meaningful fee to the issuers for all the benefits that next generation cards deliver. We seem to face a broad, mass market demand, rather than a niche market demand only. Consequently, the long-term potential of the market for biometric payment cards (BPCs) seems to be much larger than previously anticipated. The recent ABI Research report on BPCs pointed to the likely long-term scenario that biometric payment cards will eventually take over from today’s contactless cards. In fact, I believe that biometrics will be as ubiquitous in payment cards towards the end of this decade as it is in mobile phones today.
We announced the first commitment for a pilot on Zwipe Pay ONE in 2020 and expect many more to come, laying the foundations for the first commercial deployments in 2021. While COVID-19 did cause some delays across some parts of our ecosystem, we also experienced an unprecedented acceleration in our engagements with issuers and card manufacturers in H2 2020. We are confident that our continuous progress and strategic go-to-market partnerships, as well as our technological leadership in biometric payment, are laying the foundation for a long journey of value creation for our customers, our shareholders and for society at large. We remain focused on securing important commercial wins going forward.
I would like to take the opportunity to thank each valued member of my outstanding team at Zwipe for their relentless efforts and to thank our customers, partners and shareholders for their immense faith in Zwipe.
On behalf of everyone at Zwipe, I wish you all safe and happy holidays. See you all in 2021!
Here is an overview of our recent major announcements:
Zwipe strengthens organization with top payments industry talents
Zwipe and VeriTech partner to deliver next generation contactless payments in Kuwait
Swedish consumer survey shows large interest in biometric payment cards in response to COVID-19
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About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For further information please contact: André Løvestam, CEO, +47 991 66 135 info@zwipe.com
OSLO, NORWAY AND COURBEVOIE, FRANCE – 21 December 2020 - IDEMIA, the global leader in Augmented Identity, has obtained, as planned, the ICCN security certificate from EMVCo, for the next generation biometric card secure chip, for which ZWIPE has secured worldwide distribution rights[1].This is a major step forward in delivering on our joint vision of an affordable biometric card for all.
In a context where global demand for contactless payments is booming, biometric cards are best placed to ensure secure, hygienic and convenient payments. The exclusive partnership and distribution agreement between IDEMIA and ZWIPE aims to promote biometric card as the reference for tomorrow’s contactless payments.
The ICCN[2] security certificate is a key milestone towards the next generation biometric card and confirms IDEMIA's outstanding expertise in the field of payments and biometrics. Our biometric payment chip complies with the most demanding performance and security criteria for a safe and convenient payment experience.
Ready-to-roll-out in the second half of 2021, the new generation biometric cards, FCODE Gen2 for IDEMIA, and the ZWIPE Pay ONE technology platform for ZWIPE, will deliver state-of-the art performance and security, as per market and schemes requirements. IDEMIA leverages its unique combination of payment, biometrics technologies and expertise to drive adoption, and accelerate market growth together with ZWIPE.
“With this new generation of biometric cards, we want to shape the future of payment and to offer an unparalleled and affordable technological experience, accessible to all. We are proud that IDEMIA's cutting-edge technology can deliver a new, more secure user experience to the market. Our ambition is to make biometric card a reality and more than ever, we are on the right track”, said Amanda Gourbault, IDEMIA’s Executive Vice-President Financial Institutions.
“The ICCN security certificate from EMVCo is an important step towards offering ZWIPE Pay ONE to our global customer network. This disruptive biometric technology platform, combined with our deep technical and market expertise, is what makes ZWIPE the natural One Stop Shop for all smart card manufacturers aiming to meet the soaring demand from issuers and consumers for a more convenient, truly contact free payment experience”, said André Løvestam, CEO of ZWIPE.
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About ZWIPE
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free.
To learn more, visit www.zwipe.com / Follow @zwipe on Twitter
For further information, please contact André Løvestam, CEO, +47 991 66 135 / ir@zwipe.com
About IDEMIA
IDEMIA, the global leader in Augmented Identity, provides a trusted environment enabling citizens and consumers alike to perform their daily critical activities (such as pay, connect and travel), in the physical as well as digital space.
Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, an identity that ensures privacy and trust and guarantees secure, authenticated and verifiable transactions, we reinvent the way we think, produce, use and protect one of our greatest assets – our identity – whether for individuals or for objects, whenever and wherever security matters. We provide Augmented Identity for international clients from Financial, Telecom, Identity, Public Security and IoT sectors. With close to 15,000 employees around the world, IDEMIA serves clients in 180 countries.
For more information, visit www.idemia.com / Follow @IDEMIAGroup on Twitter
Press contact: Hanna Sebbah, idemia@havas.com /+33 (0) 6 63 73 30 30
[1] IDEMIA and ZWIPE partner to offer a disruptive biometric payments card platform, September 2019
[1]IDEMIA, ZWIPE and IDEX achieve key milestone towards next generation biometric card platform, April 2020
[2] ICCN: Integrated Circuit Certificate Number, a unique number that identifies the EMVCo compliance certificate for an IC
OSLO, NORWAY – 08 December 2020 – Zwipe, a leading biometric fintech company, is pleased to confirm that it has appointed John Goodale, formerly Senior Vice President, Sales Operations at TSYS International, as its new Chief Sales Officer, Andy Saines, formerly Sales Director at Giesecke + Devrient, as VP Key Accounts and Anders Bigseth, formerly PR Lead at Huawei Norway, as VP Marketing and Communications.
Mr. Goodale joins Zwipe in January 2021 after spending nearly two decades at TSYS, one of the world’s largest payments processors, serving in a variety of senior business development roles where his business acumen, coupled with his technical knowledge, has enabled him to develop compelling sales propositions and win new business across a broad portfolio of financial products and services all over the world. Mr. Goodale will lead Zwipe’s engagement and conversion efforts with smart card manufacturers, while also supporting engagement with issuers and selected go-to-market partners to further strengthen Zwipe’s position in the global biometric payments market.
Mr. Saines joins Zwipe from January 2021 from Giesecke + Devrient Mobile Security, one of the world’s largest card manufacturers, where he served for nearly five years as UK Sales Director. Before that, he spent 18 years at Entrust Datacard, of which the last 5 years were as EMEA Sales Director. He brings with him extensive smart card industry experience and deep knowledge of card issuance solutions. As VP of Key Accounts, Mr. Saines will be responsible for driving deeper relations and business with strategic accounts.
Mr. Bigseth joined Zwipe as of 1 December 2020 with an award-winning background in public relations and communications, serving in a variety of senior communication positions at DNB, Teller (formerly Visa Norway), Telia and most recently Huawei, where he led public relations efforts in Norway. As VP Marketing and Communications, Mr. Bigseth will utilize his extensive communications experience and media network to further Zwipe’s strong position within the fast-growing segment of next generation contactless payments.
“The biometric payments marketplace is evolving quickly, and we see a strong increase in the demand for Zwipe’s products and services globally. I am delighted that we have been able to attract such qualified and talented new team members from such prominent companies. This is a testament to our strong position and future outlook,” said André Løvestam, CEO of Zwipe.
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OSLO, NORWAY and KUWAIT CITY, KUWAIT – 03 December 2020 – Biometric fintech company Zwipe and VeriTech, the leading payment and banking technology solutions provider in Kuwait, have partnered to address the growing demand for biometric payment solutions in Kuwait and across the Middle East.
VeriTech is the market leading provider of EMV payment card personalization, self-service kiosks, POS and Mobile NFC and Host Card Emulation to banks in Kuwait. Its vision is to be acknowledged as the trusted banking and payment distributor of leading next generation payment solutions across EMEA, whilst exceeding its partners and stakeholders’ expectations.
Speaking on the partnership Shakeel Khokhar, CEO of VeriTech, said “Kuwait has been a test bed and early adopter of innovative payment offerings for many years. Having seen firsthand other solutions in the market, we are excited to embrace Zwipe Pay ONE as our preferred biometric payment card product,” adding “the urgency with which issuers are demanding more contact-free payment alternatives is really driving interest and investment in this area with some of the largest banks in the region who we count as customers.”
Through this partnership, Zwipe will provide key components for the Zwipe Pay ONE biometric payments platform and take lead on providing advisory services directly to banks and card issuers focusing on user experience in close collaboration with VeriTech.
“This partnership is another big step forward for Zwipe in driving our continued expansion in the Middle East where we have a strong network of technology partners in place. Working closely with VeriTech, we will be harnessing both companies’ unique technology, product and market assets, including VeriTech’s close relationships with leading banks in Kuwait, to offer innovative biometric payment solutions” said André Løvestam, CEO of Zwipe.
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OSLO, NORWAY– 23 November 2020 – Biometric fintech company Zwipe confirms that its Zwipe Pay ONE platform will be incorporated in the recently announced market pilot with TietoEVRY and OP Financial Group. OP is Finland’s largest financial services group offering banking, non-life insurance and wealth management services for over four million customers. TietoEVRY is the leading provider of software and digital banking services and a leader in card payment services in Nordic & Baltic region. Subject to a successful pilot, OP will consider launching biometric payment cards.
See announcement from TietoEVRY here.
Based on a disruptive single silicon payment platform, Zwipe Pay ONE is a first-of-its-kind solution delivering superior energy efficiency and excellent biometric performance at highly competitive prices.
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This is information that Zwipe AS is obliged to make public pursuant to the Continuing obligations of companies admitted to trading on Oslo Børs Merkur Market, Nasdaq First North Growth Market and the EU Market Abuse Regulation. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0) 8528 00 399. The information was submitted for publication, through the agency of the contact person set out above, at 09:20 CET on 23 November 2020.
OSLO, NORWAY – 19 November 2020- The share capital increase of 1,000,000 new shares in Zwipe AS, as resolved by the board of the company on 28 October 2020, has today been registered in the Norwegian Register of Business Enterprises. The new share capital is NOK 3,290,657.60, and the new number of shares and votes is 32,906,576.
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This is information that Zwipe AS is obligated to make public pursuant to the continuing obligations of companies admitted to trading on Oslo Børs Merkur Market and on Nasdaq First North Growth Market. Certified Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00 399. The information was submitted for publication, through the agency of the contact person set out below, at 10:00 CET on 19 November 2020.
OSLO, NORWAY – 29 October 2020 –
Reference is made to the stock exchange announcement from Zwipe AS dated 28 October 2020 regarding the final results of the subsequent offering, and the allocations of offer shares that were made to primary insiders.
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act
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About Zwipe
Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards and wearables that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com
For further information please contact: Lars Kristian Solheim, CFO, +47 991 66 135 ir@zwipe.com