Connect with us

NEWS

IDEMIA taps Fingerprints for Japan’s first biometric payment card trial

IDEMIA taps Fingerprints for Japan’s first biometric payment card trial

World-leading biometrics company, Fingerprint Cards (Fingerprints™) today announces its collaboration with IDEMIA, the global leader in Augmented Identity, on Japan’s first biometric payment card trial, a key milestone in the roll-out of biometric payment cards. Utilizing Fingerprints’ sensor technology, the pilot will run on Japan’s leading payment network, taking the region one step closer to commercial roll-out of biometric payment cards.

“Japan is renowned for early adoption and, with this initiative, it is once again leading the way in launching the latest digital payment technologies. The ongoing EMV® migration ahead of the 2020 Olympic Games makes it a perfect testing ground for PIN-less, painless and secure contactless payments,” comments Thomas Rex, SVP of the Smartcard Business Line, Fingerprints.

IDEMIA’s F.Code solution, replaces PIN or signature authentication with a fingerprint. This delivers greater security without impacting the frictionless payment experience of contactless cards.

“Everyone can benefit from these new cards,” adds Thomas. “Banks can reduce fraud and grow trust to retain and attract customers. For retailers, streamlining the authentication process with biometrics can achieve higher customer throughput and reduced drop-outs, increasing revenues. Importantly, too, the cards work and are processed the same way as standard contactless cards, with no upgrades required to existing acceptance infrastructure.”

The trial is using a FPC1300-series sensor, has ultra-low power consumption, superior biometric performance, a key requirement for handling both contact and contactless transactions.

For more information on Fingerprints’ vision for the future of biometric payment cards, read its blog posts.

*EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo.

 To learn more about Fingerprints smart card solution, please visit the website.

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Recent Posts