Fingerprint Cards, a Swedish biometrics company, has entered into a partnership with Dutch semiconductor manufacturer NXP Semiconductors to introduce contactless fingerprint-on-card technology.
NXP’s fingerprint authentication solution for cards fits into standard card maker equipment and does not require a battery. As a result, it ensures a lower barrier of entry for card makers.
In addition, cards with fingerprint verification are compliant with existing EMVCo point-of-sales (POS) systems.
“With a market of four billion smart cards yearly, of which 50% are contactless, the benefits of biometrics can be enormous to increase security without compromising speed and ease of use for consumers,” the company said in a press release.
NXP Semiconductors payment general manager Philippe Dubois said: “We chose Fingerprints’ sensor technology as they are a leader in fingerprint sensors with market proven leading edge performance in power consumption that enables our solution to be battery- and contactless.”
Fingerprints business line senior vice president Thomas Rex said: “Collaboration is key in the smart card ecosystem. NXP is a leading provider in smart cards. Together we aim to advance in this market for smart card manufacturers of next generation payment cards.”