IDEX Biometrics, a provider of advanced fingerprint identification and authentication solutions, has signed an agreement with Multi-Fineline Electronix (MFLEX), to bolster its supply chain.
MFLEX is a subsidiary of Suzhou Dongshan Precision Manufacturing (DSBJ), and a global provider of advanced flexible printed circuits and assemblies.
The deal forms an essential part of IDEX’s mass production ready supply chain to meet the increasing demand for biometric payment cards.
As per the terms of the agreement, MFLEX will offer flexible printed circuit assemblies for IDEX’s biometric payment card reference design, which is claimed to be the only biometric smart card reference design that has been used in cards certified by China UnionPay.
MFLEX claimed that it has secured an initial order from a Tier 1 card manufacturer.
MFLEX CEO Reza Meshgin said: “Developing an end-to-end supply chain for biometric card manufacture is critical to accelerating the development of biometric cards by card producers.
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“This allows card manufacturers to focus on their competences such as lamination, embedding, and personalization, and streamlines the card development and go-to-market processes.”
IDEX Biometrics CEO Vince Graziani said: “As we establish a supply chain that is mass-production ready, we are pleased to have signed this agreement with MFLEX, a global leader in its field. This agreement allows card manufacturers to have instant access to high-quality flexible printed circuit boards in the required large quantities.”