Reserve Bank of India (RBI) has approved biometric authentication technology for
digital payments, including IDEX's fingerprint payment solutions, through new
authentication mechanisms for digital payment transactions directions effective
April 2026.
The RBI mandate specifically endorses fingerprint biometric authentication as an
approved method for India's digital payment ecosystem, moving beyond traditional
SMS-based one-time passwords. This regulatory approval validates IDEX's
strategic positioning in the Indian market.
Anders Storbråten, CEO of IDEX Biometrics, highlighted the strategic
significance: "The RBI's approval of biometric authentication represents a
transformational moment for digital payment security in India. IDEX has been
strategically positioned for this regulatory shift, having successfully
conducted pilot testing with Indian payment partners. Our technology meets the
exact security and privacy requirements outlined in the new guidelines."
The IDEX Pay solution performs biometric authentication directly on the payment
card without requiring infrastructure changes to existing merchant terminals.
The technology ensures biometric data remains encrypted and stored exclusively
on the card, addressing the RBI's enhanced security requirements while
maintaining user privacy.
Link to RBI: Search - Official Website of Reserve Bank of India
(https://website.rbi.org.in/web/rbi/search?q=Reserve%20Bank%20of%20India%20(Auth
entication%20mechanisms%20for%20digital%20payment%20transactions)%20Directions,%
202025&type=com.liferay.journal.model.JournalArticle&type=com.liferay.portal.ker
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About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint
biometrics, offering authentication solutions across payments, access control,
and digital identity. Our solutions bring convenience, security, peace of mind
and seamless user experiences to the world. Built on patented and proprietary
sensor technologies, integrated circuit designs, and software, our biometric
solutions target card-based applications for payments and digital
authentication. As an industry-enabler we partner with leading card
manufacturers and technology companies to bring our solutions to market. For
more information, visit www.idexbiometrics.com (http://www.idexbiometrics.com/)
For further information, please contact:
Anders Storbråten, CEO and CFO, Tel: +47 416 38 582
E-mail: ir@idexbiometrics.com (mailto:ir@idexbiometrics.com)
About this notice:
This notice was issued by Kjell-Arne Besseberg, COO, on September 26, 2025 at
08:15 CEST on behalf of IDEX Biometrics ASA. This information is subject to the
disclosure requirements pursuant to the Norwegian Securities Trading Act section
5-12.