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SAVYINT Named First Official Technology Partner for IDEX’s Next-Gen Access Cards
Globenewswire· 2025-07-29 06:00
Core Insights - IDEX Biometrics ASA has entered into a strategic partnership with Savyint Group to launch biometric FIDO Access cards in Vietnam and Southeast Asia, marking a significant step in the company's commercial expansion [1][5] - The partnership aims to meet the increasing demand for secure digital authentication solutions across various sectors in Southeast Asia, including finance, government, healthcare, and education [2][5] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, focusing on authentication solutions for payments, access control, and digital identity [7][8] - Savyint Group is a prominent IT security company with a strong presence in digital identity and trust services, particularly in the Asia-Pacific region [6][7] Market Dynamics - The global digital identity solutions market is projected to grow from $43.07 billion in 2025 to $153.63 billion by 2032, driven by rising cybersecurity threats and regulatory compliance [3] - The FIDO authentication market is expected to expand at a 24.4% CAGR, reaching $5.72 billion by 2029, as organizations increasingly adopt passwordless authentication [3] Product Innovation - The IDEX Total Access card integrates traditional access card convenience with advanced fingerprint biometric authentication, eliminating the need for passwords and enhancing security [4] - The cards are designed for various applications, including enterprise access control and digital identity verification, providing instant and secure authentication [4] Strategic Implications - The partnership with Savyint Group is a crucial step for IDEX in establishing a distribution channel strategy in the high-growth Southeast Asian market [5] - This collaboration positions both companies to leverage the accelerating shift towards biometric authentication solutions and supports broader regional expansion [5]
X @Consensys.eth
Consensys.eth· 2025-07-18 16:56
Decentralized trust infrastructure makes data permanent and verifiable.Ethereum enables the mass production of trust in digital form, through cryptography, consensus, and capital.Digital trust is the future of the global economy, and it runs on Ethereum. https://t.co/jJBJr3bGqo ...
X @Ethereum
Ethereum· 2025-07-16 16:04
RT Joseph Lubin (@ethereumJoseph)The transition from analog to digital trust is well underway. Digital trust, available globally as Trustware, will serve as the bedrock for our global economic system, with Ethereum as its purest, deepest source.Read more in Consensys’ report here:https://t.co/wic2hUj2P9 ...
X @Consensys.eth
Consensys.eth· 2025-07-16 14:19
Technology & Trust - The transition from analog to digital trust is well underway [1] - Digital trust, available globally as Trustware, will serve as the bedrock for our global economic system [1] - Ethereum is positioned as the purest, deepest source of digital trust [1]