Dhaka, Bangladesh - In a ground-breaking collaboration, Eastern Bank Limited (Eastern) has partnered with IDEX Biometrics, a leading provider of advanced fingerprint identification and authentication solutions, to launch a state-of-the-art biometric metal card in Bangladesh.
Eastern’s decision to adopt biometric technology in their debit and credit cards is aimed at further enhancing security and convenience for their customers. The metal card, integrated with IDEX Biometrics’ cutting-edge fingerprint recognition technology, will revolutionize the payment experience in the country.
The CEO of Eastern Bank Limited, Mr. Alamgir Shamsul Alamin, expressed his excitement about the partnership, stating, “We are delighted to join forces with IDEX Biometrics to introduce this innovative biometric metal card in Bangladesh. This collaboration strengthens our commitment to deliver secure and convenient banking solutions to our valued customers. By incorporating biometric technology, we are confident that we can provide an unmatched level of safety and ease for transactions.”
IDEX Biometrics, known for its expertise in fingerprint recognition systems, has designed the biometric card to allow users to authenticate payments simply by touching their finger to the embedded sensor. This feature eliminates the need for PINs or signatures, thus making transactions faster and more secure.
The General Manager of IDEX Biometrics Asia Pacific, Mr. Hemant Mardia, shared his optimism regarding the project, stating, “Partnering with Eastern Bank Limited is a significant milestone for our company. Bangladesh represents a dynamic market with enormous growth potential, and we are thrilled to contribute to the advancement of biometric authentication in the region. Our biometric technology will undoubtedly provide Eastern’s customers with a seamless and secure payment experience.”
The biometric metal card is expected to be rolled out gradually by Eastern Bank Limited, with priority given to high-profile customers and frequent transactors. This progressive approach will ensure that the superior benefits of biometric authentication are provided to those who value security and convenience the most.
As biometric technology continues to gain popularity, Eastern Bank Limited is set to lead the digital transformation of banking in Bangladesh. With the partnership between Eastern and IDEX Biometrics, the introduction of the biometric metal card heralds a new era of innovation and security in the country’s financial sector.