IDEXReserve Bank of India (RBI) has approved biometric authentication technologyfordigital payments, including IDEX’s fingerprint payment solutions, through newauthentication mechanisms for digital payment transactions directionseffectiveApril 2026.
The RBI mandate specifically endorses fingerprint biometric authentication asanapproved method for India’s digital payment ecosystem, moving beyondtraditionalSMS-based one-time passwords. This regulatory approval validates IDEX’sstrategic positioning in the Indian market.
Anders Storbråten, CEO of IDEX Biometrics, highlighted the strategicsignificance: “The RBI’s approval of biometric authentication represents atransformational moment for digital payment security in India. IDEX has beenstrategically positioned for this regulatory shift, having successfullyconducted pilot testing with Indian payment partners. Our technology meets theexact security and privacy requirements outlined in the new guidelines.”
The IDEX Pay solution performs biometric authentication directly on thepaymentcard without requiring infrastructure changes to existing merchant terminals.The technology ensures biometric data remains encrypted and stored exclusivelyon the card, addressing the RBI’s enhanced security requirements whilemaintaining 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(Authentication%20mechanisms%20for%20digital%20payment%20transactions)%20Directions,%202025&type=com.liferay.journal.model.JournalArticle&type=com.liferay.portal.kernel.model.Layout&togs=exact&orderBy=newest)
About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprintbiometrics, offering authentication solutions across payments, access control,and digital identity. Our solutions bring convenience, security, peace of mindand seamless user experiences to the world. Built on patented and proprietarysensor technologies, integrated circuit designs, and software, our biometricsolutions target card-based applications for payments and digitalauthentication. As an industry-enabler we partner with leading cardmanufacturers and technology companies to bring our solutions to market. Formore information, visit www.idexbiometrics.com(http://www.idexbiometrics.com/)
For further information, please contact:Anders Storbråten, CEO and CFO, Tel: +47 416 38 582E-mail: ir@idexbiometrics.com (mailto:ir@idexbiometrics.com)
About this notice:This notice was issued by Kjell-Arne Besseberg, COO, on September 26, 2025 at08:15 CEST on behalf of IDEX Biometrics ASA. This information is subject tothedisclosure requirements pursuant to the Norwegian Securities Trading Actsection5-12.
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