“ As society moves to a more cashless approach , reinventing the credit card with biometrics is a critical part of making that transition a reality ”
— Stan Swearingen , CEO , IDEX
47 technology – we are a solutions provider partnered with a market maker .” When the CEO joined the company in 2016 , IDEX had the perfect combination of market maker , value proposition and knowledge of systems and biometrics .
With a plethora of fast and easy payment options on the market , what is so special about the biometric element – aside from the theatrical appeal of paying with a fingerprint ? Security , of course , takes centre stage . “ You get a physical , unique connection with your card ,” Swearingen explains . “ A fingerprint is unique to you and it ’ s not something somebody ’ s going to guess or look at over your shoulder . I think customers in general are even more savvy regarding the dark web and identity theft , and people just want to make sure their hard-earned money isn ’ t spirited away by somebody doing fraudulent acts .”
In addition , IDEX has ensured biometric ID technology can be quickly deployed , with remote enrolment available for card users . “ You get a card , you take your fingerprint and it creates
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