Card Tech, Fingerprint Cards to bring biometric smartcard to financial market

Monday 28 May 2018 09:59 CET | News

Card Tech, the developer of the biometric system on card, and Fingerprint Cards have entered into an agreement to bring a dual interface biometric smartcard to the financial market.

The card integrates Fingerprint Cards’ T-Shape module and a universal secure element in a modular electronic layer developed by Card Tech, with ultra-low power consumption, and boosted biometric performance. The cards work with existing industry manufacturing processes and merchant terminals.

Fingerprint Cards develops, produces, and markets biometric components that verify a person’s identity through analysis and matching of an individual’s unique fingerprint. The company has published an e-book suggesting that consumer fraud concerns are holding back the use of contactless payment cards, and that adding biometric capabilities to those cards will unlock their potential for making payments more convenient.

The companies expect the new cards to reach the testing phase in the second half of 2018, with mass production beginning in the first half of 2019.

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: Card Tech, Fingerprint Cards, biometrics, smartcard, partnership, T-Shape, biometric payments
Countries: World