The Next Step in FinTech The credit card is being reinvented, and plastic is going to make a comeback in the ongoing payments race. Thanks to the rise in mobile biometrics, FinTech has been an exciting space since the successful launch of Apple Pay in 2014. In fact, the most recent market research on the…
Fujitsu and Japanese credit card company AEON are poised to deliver Japan’s first real-world naked payments system. They’ll start in select Ministop convenience stores, where customers who enroll in the system will be able to use Fujitsu’s palm vein biometrics scanners to make purchases. Their palm vein biometrics will be directly linked to their payment…
Biometric smart cards have been a hot topic in FinTech for over a year now, and at the center of that conversation is IDEX, a Norway-based biometric solutions provider focused exclusively in the smart cards vertical. FindBiometrics Managing Editor Peter Counter had the opportunity to speak with IDEX’s new CEO, Stan Swearingen, who was appointed…
“The move comes soon after JCB enabled Google Pay in its home country, reflecting the company’s growing interest in novel payment technologies.” Japanese credit card company JCB is now supporting Apple Pay in Taiwan, the company has announced. JCB’s support in Taiwan comes in partnership with E.SUN Bank and Union Bank of Taiwan, with Taiwan…
Apple Pay has made it to Norway, launching in the country with the support of Nordea Bank, Santander Bank and Sbanken. The banks are allowing customers to upload their Mastercard, Visa, and debit cards to Apple’s biometrically secured mobile payments platform. Meanwhile, Danish merchant acquirer Clearhaus says it’s extending Apple Pay support across Norway-based online merchants.…
Mobile Point of Sale (mPOS) terminals are going to see huge growth over the next several years, and a small chunk of them are going to be biometric, according to a new market forecast from Juniper Research. The firm predicts that by 2023, almost one in four POS transactions will be on mobile POS devices.…
SensibleVision has become the latest pioneer on the frontier of face-based payments for retail. The company has announced a new solution called 3DWALLET, which monitors shoppers in a given store via facial recognition, and charges them for whatever they take out, with no need to line up and pay at a register. It’s a similar…
The ‘naked payments’ concept is poised to take off in a big way in South Korea this autumn, with three of the country’s top credit card companies announcing at the start of this week that they would support finger vein payments starting in October. As The Korea Times reports, it’s the product of Memoranda of…
This year’s Money20/20 Europe is a wrap, and as always, the event offered a lot to take in. At its new home in the RAI in Amsterdam, Money20/20 Europe attracted more than 5,000 attendees from over 1,500 companies as well as major media attention, and covered innovations in a wide range of areas, from AI…
Precise Biometrics and NXP Semiconductors are teaming up on contactless biometric payment cards. The collaboration’s announcement comes just about a week after Precise Biometrics unveiled Precise BioMatch Card, an adaptation of its Precise BioMatch Embedded fingerprint algorithm solution that is tailored for smart card and payment card integrations. Precise BioMatch Card will be integrated into…
![INTERVIEW: Fingerprint Cards SVP Thomas Rex Talks Biometric Cards at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-FPC-Thomas-Rex-2-620x350.jpg)
Fingerprint Cards has shown a strong determination to expand its fingerprint sensor business beyond the mobile market over the past year, and in so doing became one of the pioneers in the emerging area of biometric smart cards. With that technology now taking a bigger share of the spotlight than ever at this year’s Money20/20…
![INTERVIEW: Precise Biometrics’ Fredrik Sjoholm at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/HiRes6-620x350.jpg)
Precise Biometrics established itself as one of the world’s top providers of fingerprint algorithm software thanks at least in part to its prudent acumen, with the company having established a key partnership with fingerprint sensor provider Fingerprint Cards early on in the game, and later expanded its roster of partners as the mobile biometrics market…
![INTERVIEW: IDEX CFO Henrik Knudtzon at Money20/20 Europe [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-IDEX-e1528303020466.jpg)
Fingerprint sensor specialist IDEX has kept a steady eye on the emerging biometric smart cards market over the last several months, asserting in its most recent corporate update that this is now its “top priority”. And so it’s only natural that the company would be on hand at Money20/20 Europe to discuss its fingerprint sensor…
At the outset of this week’s Money20/20 Europe event in Amsterdam, Zwipe is highlighting enthusiasm for biometric payment cards among the Dutch. The company makes its case with recent market research from Motivaction, which polled over 1000 residents of the Netherlands between the ages of 18 and 65. According to a statement from Zwipe, the…
![INTERVIEW: Pat Patel, Content Director, Money20/20 [AUDIO]](https://16sp2o45qs973i2kpolavg37-wpengine.netdna-ssl.com/assets/M2020EU18-Big-Top-e1528128533356.jpg)
We’re off to Amsterdam for Money20/20 Europe 2018, where we will be reporting from live next week, covering all the keynotes, panels and biometric FinTech announcements out of Europe’s most exiting financial industry conference. In preparation for this year’s event, FindBiometrics Managing Editor Peter Counter caught up with Pat Patel, Content Director for Money20/20. The conversation…
“Looking forward, Fujitsu says it will continue to refine the accuracy of PalmSecure, and to expand its use into new applications…” Fujitsu is celebrating a new milestone for its palm vein scanning solution: The company has announced that global sales of PalmSecure have passed the one million mark. First launched in 2004, Fujitsu’s flagship biometric…
“It is capable of matching a fingerprint within a Secure Element, and Precise Biometrics says it can support fingerprint sensors as small as 30mm².” Precise Biometrics has officially unveiled its new fingerprint matching algorithm solution for the smart card market, dubbed Precise BioMatch Card. It isn’t an entirely new solution, but rather an adaptation of…
The biometrics industry as a whole has enjoyed considerable growth in recent years, and not least in the financial services sector. More and more banking and other financial transactions are being done online, and fraudsters have followed suit, launching ever-more sophisticated attacks. As the risk of digital fraud and theft has escalated, many organizations have…
“IDEMIA’s F-Code technology, which has been used in at least one Mastercard trial, could therefore find a ready audience at Money20/20 Europe.” Money20/20 Europe is right around the corner, and IDEMIA is planning to take advantage of the event to showcase a range of solutions including its biometric payment card technology. The industry event offers…