OSLO, NORWAY AND MICHIGAN, USA, 5 August 2024 – We are excited to announce a strategic partnership between Zwipe, the global leader in biometric payment and access cards, and AXYS, a specialist in integrating access control, video surveillance, intrusion detection, and other security technology solutions. This collaboration aims to deliver the groundbreaking "biometric smartcard" technology solution to AXYS's global customer base.
AXYS's clientele spans diverse sectors, including data centers, healthcare, pharmaceuticals, aerospace, critical infrastructure, enterprise, and manufacturing. This partnership will enable these clients to incorporate advanced biometric verification into their existing security infrastructure swiftly, securely, and cost-effectively.
Key Features of Zwipe Access
Benefits for AXYS's Customers
"We are delighted to partner with Zwipe, a market leader in biometric technology," said Carlos Hernández, Director of Security Solutions at AXYS. "Our collaboration with Zwipe Access allows our customers to effortlessly integrate biometric authentication into their current infrastructure, enhancing security without the hassle of major system overhauls."
Robert Puskaric, President and CEO of Zwipe said, "The future of secure and convenient access control is available today through Zwipe Access. Our innovative solution offers identity verification, significantly reducing the risks associated with lost or stolen access cards. We are excited to collaborate with AXYS and enable them to deliver genuine multifactor biometric authentication to their valued customers."
This partnership addresses the increasing demand for robust and compliant security solutions across diverse industries. Leveraging Zwipe's advanced biometric technology and AXYS's market reach, customers can now enjoy enhanced security without extensive system overhauls.
Stay tuned for further updates as Zwipe and AXYS continue to innovate and deliver top-tier security solutions to clients worldwide.
About AXYS
AXYS specializes in various OT services, including controls/automation engineering, physical security solutions, OT network/server management, and firewall protection. With a commitment to excellence and long-lasting partnerships, AXYS aims to empower clients across multiple sectors, including data centers, building automation, manufacturing, pharmaceuticals, aerospace, and robotics. "Our key business goal is to provide the best service and produce the best product to our clients," notes Shane M. Ranck, FMP, CTO at AXYS . "We grow with our clients and have that commitment to partner with them to achieve their vision."
To know more, visit www.AXYS.global
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 technology for payment, physical and 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
OSLO, NORWAY and TORONTO, CANADA – 1 August 2024 – Zwipe the market leader in Biometric Smart Card technology for biometric access card technology, has entered into a strategic partnership with ABC Security Access Systems, a prominent integrator specializing in physical security solutions. This collaboration aims to introduce Zwipe's state-of-the-art biometric smart card technology solutions to customers across the Canadian marketplace, focusing on key sectors such as retail, government, commercial and institutional.
Zwipe Access represents a groundbreaking advancement in biometric security by securely storing encrypted fingerprint templates directly within the smart chip of the card during issuance. This capability is tailored to meet the needs of ABC Security Access Systems' clients who seek rapid, secure, and cost-effective integration of biometric verification into their existing access systems.
The functionality of Zwipe Access simplifies authentication processes significantly: users authenticate themselves simply by placing their personalized card near a reader. The card utilizes the reader's RF field to draw power and verify the biometric data stored within its chip. This approach ensures a robust and secure verification process without the need to transmit biometric data to external systems, thereby helping organizations meet stringent data privacy and compliance standards.
Zwipe Access cards also support fast multi-factor authentication, providing convenience without requiring organizations to replace their current access control readers. This feature makes them particularly appealing for entities looking to seamlessly enhance their security protocols.
Overall, the partnership between Zwipe and ABC Security Access Systems aims to expand access to advanced biometric security solutions across diverse sectors in Canada. This collaboration marks a significant advancement in deploying innovative access control technologies, promising enhanced security and operational efficiency for organizations throughout the country.
Puneet Grover, Integrated Systems Manager ABC Security Access Systems said, "Our mission is to provide security technology solutions that definitively verify the identities of individuals entering and moving within our customers' facilities. Zwipe Access stands out as a remarkable addition to our lineup of security technologies for physical access control, offering integrated multifactor authentication through biometrics at a fraction of the cost of alternative methods. We are enthusiastic about introducing this exceptional card solution, which not only strengthens security measures but also addresses contemporary hygiene considerations. With Zwipe Access, interaction is limited to the card owner, unlike shared biometric readers, ensuring a cleaner and safer user experience. We are committed to enhancing security and convenience for our clients with this innovative solution."
Robert Puskaric, President and CEO of Zwipe said, "The future of secure and convenient access control is here with Zwipe Access! Our innovative solution provides swift and hygienic biometric identity verification, effectively addressing concerns related to lost or stolen access cards. This partnership with ABC Security Access Systems represents an exciting opportunity to introduce genuine multifactor biometric authentication to their esteemed customers. Together, we are set to revolutionize access control across diverse industries, guaranteeing robust security and seamless integration. We are enthusiastic about the possibilities ahead and committed to delivering advanced biometric solutions that cater to the evolving needs of modern security environments."
About ABC Security Access Systems
For over 85 years, ABC Security Access Systems’ mission has been to bring peace of mind to our customers by providing total security solutions and outstanding customer service. We strive to maintain and grow our position as a leading security systems integrator, specializing in commercial, industrial, institutional, and government markets in the GTA.
For more information, visit www.abcsecurity.ca
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 technology for payment, physical and 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.
OSLO, NORWAY and MADRID, SPAIN – 24 July 2024 – ZKTeco, a globally recognized leader in access control solutions, is proud to announce a partnership with Zwipe, a leader in biometric technology for cards used in identification, access control, and payment. Together, they aim to deliver cutting-edge, high-security access solutions in Europe.
This collaboration leverages the strengths of both companies to offer advanced, reliable and user-friendly security systems designed to meet the growing demand for high-level security across various sectors.
This partnership integrates the Zwipe Access Biometric Smart Card with the ARMATURA access control system. It is the ideal solution for companies requiring a high security level. This partnership will enable businesses to benefit from a centralized and unified security management solution. “We are pleased to partner with Zwipe, a leading company in this market sector,” says Samuel Muñoz, Integrations Manager at ZKTeco Europe.
ARMATURA, a high security and cybersecurity brand, showcases its expertise in access control security products and solutions in collaboration with ZKTeco.
Robert Puskaric, President and CEO of Zwipe, commented, “We are thrilled to partner with ZKTeco. We look forward to developing and strengthening biometric-enabled access control solutions with ZKTeco. Combined, our technologies will provide enhanced security access control for organizations worldwide.”
About ZKTeco Europe
ZKTeco is a multinational enterprise, specializing in the manufacture and development of advanced CCTV, Time & Attendance, and Access Control technology. With over 30 years of experience in the global market, ZKTeco benefits from a highly qualified team of over 4.100 employees worldwide with its own manufacturing plants that, together with its R&D and engineering departments, ensure complete inhouse production of all aspects of its hardware, firmware, and software. One of the pioneers in multibiometric and RFID technology, ZKTeco’s products are present around the world, with over 180 million users worldwide.
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work passionately across networks of international organizations, industries, and cultures to make convenience safe and secure. We pioneer next-generation biometric card technology for payment, physical and 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, please visit http://www.zwipe.com/.
OSLO, NORWAY and BROMMA, SWEDEN, June 18th , 2024 – Focusing on identity and access management, Seriline, a Sweden-based company, has signed a distribution agreement with Zwipe that pioneers next generation biometric cards for payment, physical & logical access control and identification solutions.
Seriline works towards creating confidentiality and integrity management of identities. Speaking on this partnership, Freddie Parrman, CEO of Seriline said, “Developing solutions for tomorrow is essential for us. We are happy to collaborate with Zwipe as biometric access control systems are shaping the future of business security across the globe. With its faultless data gathering, identification, and verification capabilities, biometric access control systems are crucial for providing security to countless industries and sectors worldwide.”
As per this partnership, Seriline has agreed to distribute Zwipe’s biometric access cards in the Nordic Region. When it comes to security, it is important that access control solutions identify the security gaps and address them. Here comes Zwipe Access cards that seamlessly integrate into a standard ID card cutting-edge secured authentication using biometrics.
According to Robert Puskaric, President and CEO of Zwipe, “Ensuring safety and security for ID and access solutions is vital today. We are convinced that our partnership with Seriline will help us offer Zwipe Access cards to the Nordic Region, therefore providing increased security, with convenience and no rework of access control infrastrutures to operations seeking to upgrade their protection. .”
About Seriline
Seriline was founded in 1990 and is a Swedish-owned company with a focus on identity and access management. By combining the latest technology with many years of experience, Seriline offers proprietary software, online solutions, hardware and services that simplify the flow to creating user-friendly processes for confidentiality and integrity management for identities. An identity could for instance be, a person, a chip, a card, or a digital key - all of which require the same secure care, precision and security in their handling.
To learn more, https://www.seriline.com/en
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work passionately across networks of international organizations, industries, and cultures to make convenience safe and secure. We pioneer next-generation biometric card technology for payment, physical and logical access control, as well as 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, please visit http://www.zwipe.com/
OSLO, NORWAY and DRESDEN, GERMANY, May 28th 2024 – Plasticard - ZFT, one of the leading manufacturers for plastic cards, smart cards and ID media has partnered with Zwipe to distribute biometric access cards for Zwipe in Germany, Austria and Switzerland.
Speaking about the partnership, Christian Reuther, Managing Director of Plasticard - ZFT said, "Recognizing the increasing demand for safety and security, we are pleased to announce our partnership with Zwipe and its innovative biometric card technology. Under this collaboration, Plasticard - ZFT will be distributing biometric-enabled access cards in Germany, Austria, and Switzerland. This partnership marks a significant enhancement to our portfolio, as Zwipe Access offers two-factor authentication using biometrics sensor and matching on card.
Zwipe Access is a card-based fingerprint access control solution. Therefore, the cardholder’s biometric data never leaves the card, providing increased data privacy to the cardholder. It suppresses the need for creating and managing biometrics databases.
According to Robert Puskaric, CEO of Zwipe, “We are delighted to welcome Plasticard - ZFT as our distribution partner. This partnership not only reinforces our presence in the European market but also underlines the growing demand for biometric access control cards. Zwipe's proficiency in biometric access card technology will empower Plasticard - ZFT to provide customers with innovative, secure and convenient access solutions."
About Plasticard - ZFT
Plasticard-ZFT delivers innovative solutions, products and services "a la card": smart cards, RFID-cards and ID-media have been our passion for more than 30 years. As a developer, manufacturer and service provider, highest quality, fast turn-around and complete customer satisfaction are our top priorities. Many years of experience and know-how helped us to become a flexible corporation that likes tackling the daily challenges of card production, personalization and fulfillment, as well as highly complex special projects to lead our customers forward.
To learn more, click here: http://www.plasticard.de
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
OSLO, NORWAY and BOLOGNA, ITALY, May 20, 2024 – Ermes srl, one of the leaders in providing solutions for the identification and security of people, has signed a distribution agreement with Zwipe, a pioneer and world leader in the development of biometric technology on cards for identification, access control and payment.
According to this partnership, Ermes srl has agreed to distribute Zwipe’s biometric access cards in Italy. Zwipe Access utilizes state-of-the-art biometric capture and matching technology to securely store the cardholder’s encrypted fingerprint template directly within the card’s smart chip during issuance. Thus, Zwipe Access offers an additional layer of security.
Zwipe has secured an initial Demo Kits order from Ermes for Zwipe Access biometric cards. This initial order will be used to demonstrate the solution to potential end users.
Speaking on the partnership, Marco Tomadin, Chairman, Ermes srl, said, “We strongly believe in this innovative solution based on biometric technology that allows to validate cardholder identity without having to change the existing infrastructure. It is the ideal solution for all large companies that need a high level of access security. We are pleased to partner with Zwipe, a leading company in this market sector.”
“We are happy to partner with Ermes srl, a leading security solution distributor. We look forward to developing and strengthening the relationship with the Italian security market thanks to our local expertise and support, as well as supporting Ermes srl to deliver best- in-class access control solutions to integration partners.”, says Robert Puskaric, President and CEO of Zwipe.
About Ermes srl
Established in 2005, Ermes srl started its business with the distribution of thermographic card printers to become over time a company specialized in solutions for the identification and security of people and data and solutions to simplify the management of complex processes. Despite an articulated company structure, Ermes recognizes the importance of flexibility that allows its structure to satisfy the needs of each customer, both as regards budget and for the "pushed" personalization of products and / or solutions and related services, typical of large companies or government agencies.
To learn more, please visit https://ermes-online.it/
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer future. We work passionately across networks of international organizations, industries, and cultures to make convenience safe and secure. We pioneer next-generation biometric card technology for payment, physical and logical access control, as well as 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, please visit http://www.zwipe.com/
OSLO, NORWAY AND BARCELONA, SPAIN – 08-May-2024– Zwipe A.S., a leading innovator of biometric payment and identification technology, today announced the appointment of PCB & Security Europe S.L., headquartered in Barcelona, Spain, as its official distributor for Spain and Portugal. This strategic partnership expands Zwipe's reach across Europe and positions the company to capitalize on the growing demand for secure and convenient biometric access solutions in the Iberian Peninsula.
PCB &Security Europe boasts a strong track record of supplying high-quality electronic components and solutions to a diverse customer base across Spain and Portugal. Their established network and expertise in access control systems make them a perfect partner for Zwipe to introduce its innovative biometric technology to a wider audience.
To fuel early adoption and facilitate seamless integration with existing infrastructure, Zwipe has secured an initial order from PCB & SecurityEurope forLEGIC advant® Biometric Cards. This initial order will be used for pilot programs with key LEGIC users in Spain, allowing them to experience the enhanced security and user convenience offered by biometric access control first hand.
“We are thrilled to welcome PCB & Security Europe as our distributor for Spain and Portugal,” says Robert Puskaric, CEO of Zwipe. “Their extensive experience and strong relationships within the security industry make them an ideal partner to drive the adoption of our biometric solutions in this important market. The initial order of LEGIC advant® Biometric Cards underscores the significant potential metric access control in Spain, and we look forward to collaborating with PCB & Security Europe to deliver these advanced solutions to a wider audience.”
“We are excited to partner with Zwipe and bring their cutting-edge biometric technology to Spain and Portugal,” says Joan-PaulUdina, CEO of PCB & Security Europe. “Biometric access control offers a secure and convenient solution for businesses of all sizes and we believe Zwipe's technology is ideally positioned to meet the growing demand in this region. The initial order for LEGIC advant® Biometric Cards allows us to showcase the benefits of this technology to our existing LEGIC user base and pave the way for broader adoption.”
About Zwipe
Zwipeis a pioneer in biometric payment and identification technology. The company's innovative solutions are designed to replace traditional PINs and passwords with a secure, user-friendly fingerprint scan. Zwipe is committed to making biometric authentication the new standard for secure and convenient transactions.
About PCB & Security Europe
PCB& Security Europe understands the ever-changing landscape of the electronics industry. In today's challenging environment, we help companies navigate rising costs, limited vendor options, and fierce competition.
PCB& Security Europe is part of the group of DirectPCB that is a leading supplier of electronic components and solutions in the Worldwide Electronics Sector. The company offers a wide range of products and services, from printed circuit board (PCB) manufacturing to technical support. DirectPCB is committed to providing its customers with the highest quality products and services at competitive prices. We maintain offices strategically located in Largo, Florida (USA), Shenzhen, China and Barcelona, Spain (Europe) to offer global support.
The notice of the ordinary general meeting is attached to this release. The notice will be sent to all registered shareholders on 23 April 2024. The notice and all other documents related to the items to be considered at the ordinary general meeting will, on the same date, be available on Zwipe's website https://www.zwipe.com/investors. To vote in advance, register your attendance or grant a proxy to vote for your shares, please follow the instructions set out in attached notice.
We encourage shareholders to vote in advance or give proxy.
For further information, please contact:
Hugo Petit
Interim CFO and Head of IR
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 SecureT". 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
OSLO, NORWAY – 27 MARCH 2024 - The board of directors of Zwipe AS (the "Company") has, on 25 March 2024, resolved to grant 489,196 Restricted Share Units (each a "RSU") to certain members of the Company's management, making up the formal grant of the RSUs referred to in the Company's annual report for 2023 (the "Annual Report") announced yesterday, on 26 March 2024.
The RSUs vest in three equal installments on each anniversary date from the grant date. Each RSU comprises a conditional right to receive one share after the vesting period. The shares comprised by the RSU program will be issued at nominal value. The right to receive shares is conditional upon the "Performance Condition" stated in the RSU program, the participants retained employment, and subject to the terms and conditions set out in the Annual Report.
The following primary insiders of the Company have been granted and accepted RSUs:
Please see the attached notification forms for additional information.
This information is subject to the disclosure requirements in article 19 of the Regulation (EU) 596/2014 (the Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.
OSLO, NORWAY – 28 APRIL 2020 – Biometric fintech company Zwipe is pleased to announce that Asia Credit Card Production Ltd. (ACC), a specialist smart card manufacturer based in Hong Kong, has chosen to partner with Zwipe in order to offer and roll out a range of biometric payment specific products and services including cards, wearables, enrolment and customer onboarding solutions.
ACC has an extensive smart card product portfolio with a large client base in a wide range of industries worldwide. ACC has begun integrating Zwipe’s biometric inlay platform into their smart card production facility in order to prepare for the launch of Zwipe Pay ONE when it becomes available later this year.
“We strongly believe that biometric payment cards are the future and there is a strong market for payment cards in the fast-moving Asia Pacific region even in the face of surging smartphone use. Working now to integrate Zwipe’s technology, we are confident that we will have a truly disruptive offering that will enable us to significantly grow our banking customer base in the region and beyond,” said Gary Li, Managing Director of Asia Credit Card Production Ltd.
As an essential manufacturer in the heart of APAC, ACC is now working at full capacity. On the back of their commitment to issuing biometric payment cards this year, the company is in the process of completing the application process for full card scheme certification to expand its portfolio of offerings to leading issuers across the region.
“We continue to build our global portfolio of customer relationships, which will be instrumental in the roll-out of future products. The partnership with ACC will further broaden our access to the Asian markets,” said André Løvestam, CEO of Zwipe.
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About Asia Credit Card Production LTD
ACC is a leading professional RFID card and smart card manufacturer. Headquartered in Hong Kong and production plant in Shenzhen, China. With over 20 years of experience in card industry, ACC is offering top quality products and services compliant to industry standards and customer requirements. We continuously strengthen partnerships with our strategic alliances and industry leaders to fulfill our commitment to the industry.
For more information contact: James Duran, +852 2389 3393 james@asia-cc.com.hk
OSLO, NORWAY– 23 APRIL 2020 – The Nomination Committee of Zwipe AS has proposed the nomination of two leading payment and technology professionals to its board of directors to be voted upon at its upcoming Annual General Meeting to be held virtually on 14 May 2020.
Mr. Diderik Schonheyder is a recognized authority on payment products, services and systems development with more than 35 years’ experience as an executive, advisor and investor in the information technology and telecommunications industry. He previously served in global roles at Visa International and MasterCard, and currently operates a consultancy company focused on payment ecosystems.
Mr. Pål Eivind Vegard is a seasoned entrepreneur, investor, and board member who has been active for over three decades in the telecommunications and software industries in Europe. He established Tele1 Europe in Norway in 1998 before going on to fund several companies. Through his investment company, Concito, he was one of the early backers of Zwipe and he served on Zwipe’s board from 2011 to 2016. He was also an early investor and chairman of the board in Onecall, today a successful mobile brand owned by Telia.
In addition to Diderik Schonheyder and Pål Eivind Vegard, the Nomination Committee proposes that Dorian Barak, Johan Biehl, Dennis Jones and Jörgen Lantto (Chairman) are re-elected as Directors of the Board.
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OSLO, NORWAY– 22 April 2020 – Biometric fintech company Zwipe is pleased to announce that it has signed an agreement with Toppan Forms Card Technologies Limited, the strongest local card manufacturer in the Hong Kong and Macau region, to collaborate on the product positioning, development and commercialization of biometric payment cards.
Toppan Forms Card Technologies Limited has an extensive customer network with the large banks in Hong Kong and Macau, offering a wide range of data management and card solutions. The company is an authorized VISA, MasterCard, China UnionPay, JCB and AMEX card manufacturer in Hong Kong. Using the strengths it has obtained in the data management area, the company is working to create new value as a digital hybrid company that is able to provide products and services with security elements.
“Biometric payment cards can be a lucrative product for us considering the types of banks we have as customers, with many high net worth clients. We are eager to integrate Zwipe’s technology including Zwipe Pay ONE, providing a premium status product which strengthens the contactless payment experience enabling more secure and convenient options for cardholders thanks to its enhanced biometric features,” said Mr. Joseph Hui, Deputy Managing Director of Toppan Forms Card Technologies Limited.
“Our collaboration with Toppan Forms Card Technologies Limited is another important step for Zwipe as we prepare to roll out our Zwipe Pay ONE platform. Working with strong local players connected to leading issuers in their markets will be instrumental in enabling the scaling of our offering going forward,” said André Løvestam, CEO of Zwipe.
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About Toppan Forms Card Technologies Limited.
Toppan Forms (Hong Kong) Group founded Toppan Forms Card Technologies Limited (TFCT) in 1982 as its first step of diversification in becoming a trusted total service provider. We provide a variety of card solutions, card issuance systems and services for the ever-expanding IT market. In light of our company mission to be an innovation frontier, the company enriches the integrated IT solutions offering in terms of Robotic Solutions, Access Control and e-Application. The company is working to create new value as a Digital Hybrid Company that is able to provide products and services from both the analog and digital aspects. To visit our website www.toppanforms.com
For more information, please contact us +852 2519 6388 contact@toppanforms.com
OSLO, NORWAY – 20 April 2020 – Zwipe, a leading biometric fintech company, and IDEX Biometrics, a leading provider of fingerprint identification technologies, announce that they have signed an agreement that will see Zwipe combining IDEX Biometrics sensor products with the Zwipe Pay ONE platform to enable a complete system solution for biometric payment cards.
Zwipe Pay ONE is a technology platform based on a single-chip biometric secure element with operating system and relevant proprietary software. The result will be a compelling biometric payment card offering to card manufacturers in the global market.
The two companies also plan to formalize cross-licensing of intellectual property and a joint marketing approach as Zwipe Pay ONE with IDEX sensor becomes available for piloting.
“We are excited to work closely with Zwipe, a pioneer in the biometric payment card market. We believe the combination of Zwipe Pay ONE with IDEX next generation sensor has strong potential to become a market leading solution. IDEX is providing fingerprint sensors and technical expertise towards the shared goal of accelerating adoption of biometric payment cards,” said Vincent Graziani, CEO of IDEX Biometrics.
“IDEX Biometrics has developed a next-generation fingerprint sensor. We are ideally positioned to take a leading position in the biometric payments market, providing smart card manufacturers with a superior offering in terms of energy efficiency and biometric performance at industry-leading manufacturing costs", said André Løvestam, CEO of Zwipe.
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COURBEVOIE, FRANCE and OSLO, NORWAY– 08 April 2020 –
Following the exclusive partnership and distribution agreement signed between IDEMIA and ZWIPE, the two companies announce that first samples of the new chip have now arrived for further verification and qualification with the first power-on successfully executed. Therefore, the new platform will now progress to the next stages of developments and will be able to meet expected demand from card issuers with a first launch on the market as from second half 2020 followed by a mass production of biometric cards during 2021. IDEMIA and IDEX have signed an agreement by which IDEX will supply the card’s sensors for this next generation of biometric payment cards. This agreement deepens a long-standing collaboration between IDEMIA and IDEX to develop biometric payment cards including an IP licensing agreement signed in Oct 20193. By teaming up with ZWIPE and IDEX to offer a disruptive biometric payment card platform that will radically reduce biometric payment card costs, IDEMIA is driving the growth of the biometric cards market and enables an accelerated path to mass volumes, which will ultimately benefit the issuers and users of cards.
Amanda Gourbault, IDEMIA Executive Vice President Financial Institutions says: “This achievement of this key milestone demonstrates that our next F.CODE generation biometric card development is being executed according to plan allowing a pilot launch second half 2020. Together with our business partners we are showcasing our best-in-class expertise in designing and manufacturing biometric-based payment cards”.
André Løvestam, CEO of ZWIPE says: ”We are pleased to see this progress and we strongly believe that bringing forward the new platform together with IDEMIA will be a major catalyst in creating long term shareholder value and provide the technological leap needed to shape the future of the biometric payment card market and to drive commercial success for ZWIPE. The progress up until now has further strengthened our conviction that this project will meet not only the time schedule, but also the targeted unit cost reductions on biometric payment cards.”
Vince Graziani, CEO of IDEX commented: “We are proud to have been selected by IDEMIA and look forward to continue collaboration with this leader in authentication solutions, and to initiate collaboration with ZWIPE to bring biometric payment cards to the mass market. This award by one of the world’s largest card manufacturers is a validation of our off-chip product design that enables high performance at a disruptive cost point.”
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2: manufacturers of payment cards, wearables and other payment solutions, and their suppliers.
OSLO, NORWAY – 25 March 2020 – Biometric technology company Zwipe is pleased to announce that it has been selected by Masria Digital Payments (MDP), one of the largest smart card manufacturers and digital payments providers in the Middle East and Africa to deliver biometric payments solutions to enhance MDP’s innovation product portfolio.
Zwipe will support MDP in integrating and rolling out biometric payment cards and eventually biometric enabled wearable devices to a region that has expressed significant interest in the technology.
“To continue MDP’s long tradition of technology leadership, we are integrating Zwipe’s current biometric payment platform now to educate the market and get prepared for Zwipe Pay ONE. We are confident that, when that becomes available, we will have banks across the region ready to take the next natural step in payment cards with us”, says Ahmed Nafie, EVP of MDP.
The Middle East and North Africa is seeing great interest in biometric payment solutions, especially biometric payment cards.
“Zwipe is thrilled to win a new strategic customer wanting to pilot our current product platform to pave the way for early deployment of our future offering, Zwipe Pay ONE. Working together we can unlock many opportunities in a part of the world that is proving to be a first mover when it comes to biometric payments” says André Løvestam, CEO of Zwipe.
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About MDP
Masria Digital Payments (previously Masria Card S.A.E) is Africa's leading smart card solutions provider with a regional presence spanning 35 countries and 3 continents. Building on its vast sector experience, MDP has consistently introduced the latest technology in cards, payment security and smart applications to the Middle East and African markets. MDP also provides its partners with a complete card offering ranging from card production, personalization, issuance and fulfilment as a service or as a solution. MDP is the only end to end fully certified African payments solutions provider to offer a full card services, solutions, processing and digital payment suites to clients in the financial, government and retail sector under one roof.
For more information, please visit www.mdp-eg.com/
OSLO, NORWAY - 18 March 2020 - Zwipe’s CEO André Løvestam presented Zwipe at a RedEye Investor event in Sweden on 12 March 2020 where he addressed the ongoing global Covid-19 situation and its impact on the company’s operations: “To address the escalating situation regarding the Corona virus, it is important to acknowledge the global impact it is having. However, we want to stress that Zwipe carries on. We are a lean global team committed to our targets and, as we have done before, we are adapting quickly and effectively to the changing environment we operate in. Projects are ongoing, we have suspended travel, we are doing more video conferencing and ultimately continuing to do business as best we can in the face of this new adversity.”
The Zwipe team spans across Europe, the United States and Asia with more than 25% working permanently from home offices. The company has moved quickly to enact travel bans and new working standards enabling our staff to work from home offices as of 13 March 2020.
Commenting on the company and its plan to work through the current global situation, André Løvestam said “we are committed to the safety and security of our team members and their families and we are monitoring the situation closely. Some of our partners in China and Europe have been impacted, however, most of our ongoing efforts are not impeded by the current situation and we are confident that we will be able to weather the current downturn and look forward to share progress as we go forward.”
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OSLO, NORWAY – 28 February 2020 – Zwipe AS today publishes its half-year financial report for 2H 2019.
The report does not contain inside information. Zwipe’s audited Annual Report 2019 was released on 26 February 2020.
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OSLO, NORWAY – 26 February 2020 – Zwipe AS today publishes its annual report 2019. Please find the report attached.
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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 Merkur Market, Nasdaq First North Growth Market and the EU Market Abuse Regulation. The information was submitted for publication, through the agency on the contact person set out below 08:00 CET on 26 February 2020
