“I’m more confident than ever that biometric smart cards are poised for mass adoption.” – Stan Swearingen, CEO, IDEX Biometrics IDEX Biometrics announced today that biometric payment cards featuring its SmartFinger sensor technology have begun a certification process on behalf of a “major global payment scheme in Asia.” The Bank Card Testing Center, an independent…
Fingopay has partnered with Cardstream as it moves towards a global rollout of its naked payments platform. The alliance will give Fingopay access to all of the payment partners and applications that are connected to Cardstream’s Open Payment Network, which will allow it to expand rapidly as more retailers incorporate the technology. The global launch…
ABI Research is charting a strong ascent for EMV payment card issuance, with emerging biometric card technology playing an important role. The market research firm says it expects EMV payment card issuance to rise from 3.18 billion this year to over 3.75 billion by 2023, with several factors propelling that growth. These include contactless migration,…
The biometric payment cards market is coming to fruition after a period of accelerated innovation, and the Asian region is providing a fascinating case study for industry watchers. That’s why FindBiometrics Managing Editor Peter Counter recently spoke with Stan Swearingen, CEO of IDEX Biometrics, a pioneer in fingerprint-powered next generation smart cards. The conversation focuses…
The Apple Pay network continues to expand. The tech giant has announced that its biometrically secured mobile wallet platform is now available in Iceland, launching with support from the Icelandic banks Arion Banki and Landsbankinn. More banks are expected to add support for the platform in the not-too-distant future. To use Apple Pay, Arion Banki…
Money20/20 USA brought the biometrics industry to Las Vegas this week, where digital ID and strong authentication were so integral to the conversations, panels and exhibitions that it truly felt like an important milestone in identity. For years, FindBiometrics has been helping to facilitate the biometrics presence at the Money20/20 conference, so it always serves…
Growth consultancy Frost & Sullivan has named Gemalto the recipient of its 2018 Middle East & Africa Customer Value Leadership Award. The award is in recognition of PURE, Gemalto’s white label payments platform that is designed to let domestic schemes and private label card issuers offer their own payment cards to customers. The system was used…
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…