Eastern Bank : EBL) Signs an Agreement with IDEX Biometrics

Eastern Bank PLC. and Oslo based IDEX Biometrics signed an agreement to launch world's first biometric metal card at EBL Head Office, Dhaka, Bangladesh. With advanced security features and seamless transaction capabilities, the exclusive card not only offers financial solutions but also ensures a secure and hassle-free payment experience for the cardholders.

EBL has consistently demonstrated a commitment to innovation in the banking sector. With a focus on leveraging technology to enhance customer experience, EBL has introduced several cutting-edge solutions. The bank has embraced digital transformation through the development of user-friendly mobile and online banking platforms, making financial transactions more accessible and convenient for its customers. EBL has also been a pioneer in introducing innovative financial products and services, catering to the evolving needs of its diverse customer base.

IDEX Biometrics is a leading company specializing in biometric fingerprint sensor technology. With a focus on providing secure and convenient authentication solutions, IDEX has developed cutting-edge fingerprint sensor technologies for a variety of applications. Their innovations are widely used in smart cards, payment cards, access control systems, and other devices, offering users a reliable and efficient way to authenticate their identities.

The signing ceremony was graced by Ali Reza Iftekhar, Managing Director & CEO; M. Khorshed Anowar, DMD and Head of Retail & SME Banking; Zahidul Haque, Chief Technology Officer; Ahsan Ullah Chowdhury, Head of Digital Financial Services and Tasnim Hussain, Head of Cards from Eastern Bank PLC. along with Catharina Eklof, Chief Commercial Officer; Claus Hansen, Vice President States APAC.

"We are excited to introduce biometric metal cards to our customers complying all regulatory requirements in Bangladesh and first to offer this latest technology to our customers, confirming our leadership and innovation positioning" says Ali Reza Iftekhar, Managing Director & CEO at EBL adding that, "The IDEX Biometrics solution provides a first-class payment experience. We believe biometric payment cards will become the new payment standard, supporting secure contactless payments, and ultimately bringing financial empowerment to all."

"We are honoured that EBL has selected IDEX Biometrics as they pioneer biometric payments in Bangladesh. EBL's premium customers will be the first group to receive these new contactless cards, as EBL again takes the lead on driving seamless payments across Bangladesh and Asia" says Catharina Eklof, Chief Commercial Officer at IDEX Biometrics.

Caption: EBL sign an agreement with Oslo based IDEX Biometrics to launch the world's first biometrics metal card featuring cutting-edge fingerprint sensor technology. Ali Reza Iftekhar, Managing Director & CEO of EBL and Catharina Eklof, Chief Commercial Officer of IDEX Biometrics sign the agreement. M. Khorshed Anowar, DMD and Head of Retail & SME Banking; Zahidul Haque, Chief Technology Officer; Ahsan Ullah Chowdhury, Head of Digital Financial Services; and Tasnim Hussain, Head of Cards from EBL., and Claus Hansen, Vice President States APAC were also present.