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ReadersSpeak

Ready for biometric smartcards? "This brings extra security without
impacting the current [user experi-
ina Andolf-Orup, Global Product Marketing Director at U.K.-based ence] and speed of contactless. …
Fingerprints, emailed to tell us about the new ebook titled Touch, Tap And it’s not just the payment data
Trust: Mobilizing Biometrics for Payment Cards and share progress made that is kept safe, as the user’s bio-
L in the biometric smartcards realm. metric data is treated with the same
importance to ensure privacy. … All
"A biometric smartcard may not look too different from your everyday payment of the R&D expertise gained refining
card but looks can be deceiving," Andolf-Orup wrote. "Enabling you to say smartphone sensors has been used to
goodbye to the inconvenience of signatures and PINs, this advanced payment develop these power efficient, flex-
card integrates an ultra-thin fingerprint sensor which becomes the strong ible, robust and thin sensors for pay-
authentication method for payments. ment cards, wearables and dongles.
Importantly, they no longer need a
battery as they can be powered com-
pletely by the field generated by the
POS terminal itself.

"Developed in-line with global EMV
and ISO card payment standards,
the tech makes use of existing
manufacturing processes and
demands little change from payment
stakeholders. … [T]hey are ready to
scale and require little additional
effort and financial investment from
vendors. As we reach scale, the price
of these cards will fall.

What is exciting is that trials are now
in progress around the globe because
consumers want this technology. …
Biometrics satisfies the demand for
increased security and flexibility.
… Banks can strengthen their
reputation and increase revenues
by driving increased card usage,
increasing trust and reducing fraud
levels. Merchants will embrace the
technology as they will benefit from
increased spending and higher
revenues as in-store wait time is
cut short, consumers have less
time to second-guess purchases
and spending is limitless thanks to
stronger security removing the need
for the cumbersome payment cap.

You can download the ebook
here: www.fingerprints.com/up-
loads/2018/11/fpc-smartcards-ebook-
2-en.pdf?utm_source=iseepr&utm_
campaign=eBook2_blog.
Share with your peers

We wish to thank Lina Andolf-Orup
for her progress report on biometric
smartcards. We will welcome up-
dates from your corner of payments,
too, at greensheet@greensheet.com.

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