IDEX Biometrics and KONA I are partnering to deploy biometric payment and access cards in Japan. With credit card fraud reported by Japanese companies increasing by 30% year over year to USD 294 million, banks in the market are showing interest for biometric smartcard solutions, and especially metal cards. KONA I expects banks to begin offering high-technology biometric cards to consumers in the second half of 2024.

In response to the growing demand for cybersecurity solutions by governments, public and private sector entities KONA I and IDEX Biometrics will bring secure ID and biometric payment card solutions to market. KONA I and ID EX Biometrics smart card platform provides the cybersecurity market with an end-to-end authentication platform focused on digital security, and compatible with standard protocols such as FIDO2, as well as biometric payments cards. Both solutions are delivered with optimal customer experiences and security by design.