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
OSLO, NORWAY – 15 June 2016– Zwipe, a global leader in biometric identification technologies, today announced the launch of Zwipe Access 2.0. The updated access control product has several key enhancements such as faster authentication, enhanced image and capture capabilities, and reduced false rejection rates. Zwipe Access 2.0 is being launched at IFSEC in London.
“The enhanced features were developed based on market research, customer feedback and industry advancements,” said Bob Fee, Director of Sales, North America.
The Zwipe Access biometric card is compatible with all popular proximity and smart card readers, including those from HID, Allegion and Farpointe. The on-card 3D capacitive fingerprint scanner both captures and matches on the card; enabling users to maintain the security of their own biometric data. At no time is biometric data communicated to any reader, hard drive or external database; giving peace of mind to end-users and card issuers alike.
Zwipe Access cards can be issued to key staff and personnel, or more specifically for certain high-security areas such as server rooms and pharmacies, providing the enhanced security benefits of 2-factor biometric authentication without the need to change existing access control system software or readers. The card can be integrated into a Physical or Logical Access Control system in the same way that present 125kHz Proximity, iCLASS, LEGIC or Mifare cards are incorporated. Through products such as Zwipe Access©, Zwipe ID© and Zwipe Payment©, Zwipe continues to be the industry leader in innovative biometric identification solutions.
