Toshiba places first order for IDEX biometric card platform in Japan
Toshiba Corporation has placed its inaugural production order for IDEX Biometrics’ card platform, signaling the commercialization of their ongoing partnership in Japan. This collaboration leverages IDEX cards, which utilize fingerprint authentication to eliminate passwords and PINs, implementing a Zero Trust security framework to prevent breaches and streamline user access.
The Japanese Identity and Access Management market, valued in the billions, is experiencing robust annual growth of 14.3%, driven by increasing cyber threats and the demand for digital transformation. Anders Storbråten, chief executive of IDEX Biometrics, expressed enthusiasm for Toshiba’s launch, highlighting the partnership's potential to redefine security with user-friendly biometric cards.
IDEX Biometrics is committed to advancing access and payments through identity-first biometrics. With over a decade of innovation, their globally certified solutions are trusted by financial institutions and serve various sectors, delivering secure and seamless experiences for digital and physical access and payments.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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