IDEX Biometrics brings biometric smart cards to market with Cellfie Global
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IDEX Biometrics has partnered with South Korean smart card manufacturer Cellfie Global to produce biometric smart cards for banking and fintech sectors in the USA, Europe, and Asia. This agreement enhances IDEX's production capacity to over 100 million smart cards annually.
November 19, 2024 | 9:30 am
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IDEX Biometrics has entered a partnership with Cellfie Global to produce biometric smart cards, expanding its market reach and production capacity significantly.
The partnership with Cellfie Global allows IDEX Biometrics to tap into a large production capacity and expand its market presence in key regions. This is likely to positively impact IDEX's stock price in the short term due to increased production capabilities and market reach.
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