Idex Biometrics is supplying fingerprint biometric technology for payment cards to Bangladesh-based Mutual Trust Bank, as the biometrics provider expands its reach in Asia. The cards are based on Idex’ Pay solution.
These cards are expected to attract new customers and increase card usage among existing customers, bringing financial empowerment to the people of Bangladesh,” says Syed Mahbubur Rahman, managing director and CEO at MTB. Idex also revealed an agreement to provide biometric payment cards to Bangladesh’s Eastern Bank at the tail end of last year.