Accomplish Financial launches innovative biometric card solution from IDEX Biometrics

01 Dec 2022 08:00 CET

Oslo, Norway - 01 December 2022 - IDEX Biometrics ASA and Accomplish Financial,
a payment solution provider with a strong portfolio of fintechs and banks across
the UK, Europe, and North America announce that Accomplish Financial will launch
biometric payment cards enabled by the IDEX Biometrics TrustedBio Turnkey
solution, powered by the SLC38 chip from Infineon Technologies. As announced
previously (https://www.idexbiometrics.com/idex-biometrics-and-uk-issuer-to-
launch-biometric-payment-cards-in-europe/), these cards are expected to reach
consumers in Q1 2023.

80% of consumers globally demand biometric payment cards, and 62% are willing to
switch banks to get one(1). Enabling banks and fintechs to meet growing consumer
demand is paramount. IDEX Biometrics and Accomplish have developed an innovative
go-to-market solution that will accelerate biometric card launches for banks and
fintechs.

Catharina Eklof, Chief Commercial Officer of IDEX Biometrics says "IDEX
Biometrics is providing smoother customer payment experiences, and Accomplish
Financial and IDEX Biometrics are sharing the same mission to make consumers'
financial lives easier. Accomplish is an agile partner, and we are delighted to
jointly accelerate the biometric payment market in the UK and across Europe,
providing banks and fintechs with robust and easy go-to-market solutions".

"With rising contactless limits, consumers are asking for increased security
while maintaining a seamless experience; payment cards need to evolve. The IDEX
Biometrics solution provides these advancements whilst maintaining compatibility
with payment terminals globally and making adoption straightforward. Accomplish
Financial has identified that there is a big opportunity for biometric payment
cards to be used to improve customer journeys. Combined with card issuing and
in-house processing expertise from Accomplish, we continue our trend of offering
the payment industry the most innovative products", says Guy Raymond El Khoury,
CEO of Accomplish Financial.

(1) IDEX Arlington Research 2022

For further information please contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
Tel: + 47 918 00186

About IDEX Biometrics

IDEX Biometrics (OSE: IDEX and Nasdaq: IDBA) is a leading provider of
fingerprint identification technologies offering simple, secure, and personal
authentication for all.  We help people make payments, prove their identity,
gain access to information or unlock devices with the touch of a finger. We
invent, engineer, and commercialize these secure, yet incredibly user-friendly
solutions. Our total addressable market represents a fast growing multi-billion-
unit opportunity.

For more information, visit www.idexbiometrics.com
(https://www.globenewswire.com/Tracker?data=BnE5LJjcuYFEebmLj9ha56-
cNdeTiGiOe9X5nN_EuFsBGVq_AbnqoNj8QX584pYmihfWqOchzArkMukbaTPrmImq8ROXtmpb0b3V3ML
JKqY=)

About Accomplish Financial:

Accomplish Financial Limited is part of the Accomplish Group of companies
("Accomplish"), which includes AF Payments Limited, a UK FCA Regulated
Electronic Money Institution. Accomplish is an end-to-end service provider in
the electronic payments industry and it builds and operates its own proprietary
payments technology infrastructure in order to help its clients simplify the
issuing of payment products. Accomplish offers issuing solutions for traditional
payment cards through to digitised payment instruments, with an emphasis on the
highest levels of security. By ensuring that all regulatory, compliance,
security and technological needs are catered for in one ecosystem, Accomplish
delivers bespoke payment solutions to a diverse range of clients.

For more information, visit www.accomplish.com (http://www.accomplish.com) or
contact Simon Bradley, Head of Partnerships,  simon.bradley@accomplish.com

TRADEMARK STATEMENT
IDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics
ASA. Accomplish is a registered trademark of Accomplish Financial Limited. All
other brands or product names are the property of their respective holders.

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