News

Mastercard, Gemalto, IDEMIA partner for payment card solution

Monday 22 October 2018 13:05 CET | News

Mastercard, IDEMIA, and Gemalto have announced their partnership to develop payment card solutions.

Called the Greener Payments Partnership, it aims to reduce the use of PVC plastic in payment cards. The companies involved are committed to accelerate research into recyclable, bio-sourced, and bio-degradable materials, having the goal of delivering globally available solutions to reduce first-use PVC plastic in card manufacturing.

Mastercard, IDEMIA, and Gemalto have been active in attempts to develop new biometric payment cards capable of scanning consumers’ fingerprints during use. However, they have not been active together: Gemalto was a player in a biometric payment cards trial conducted by Mastercard rival Visa earlier 2018, while IDEMIA has been affiliated with Mastercard through a partnership with fingerprint sensor maker IDEX.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Mastercard, Gemalto, IDEMIA, partnership, payment solution, fingerprints, biometric payment
Categories:
Countries: World

Related

Greek banks hacked, criminals demand Bitcoin ransom

Published 02 Dec 2015 13:15 CET | World
A group of hackers have targeted three Greek banks, demanding a ransom of 20,000 bitcoin (EUR 7 million), according to Greek police and the countrys central bank....

New Citadel malware targets Payza online payment platform

Published 23 May 2013 11:45 CET | World
A new type of Citadela financial malware is targeting users of the Payza online payment platform by launching local in-browser attacks to steal their credentials, according to researchers from Trusteer, an Israel-based web access services provider....