June 2, 2016 -
Korean fintech company Kona-I recently announced the roll-out of a biometric smart card that embeds the Fingerprint Cards FPC1020 touch fingerprint sensor.
The smartcard can identify the user’s fingerprint and can be used to allow access to buildings or be used for other ID card purposes in the security sector.
“The technology will replace password or authentication certificates in all kinds of areas that need secure identification, not only in the security industry but also in the financial and IoT sectors,” says Kona I’s CEO Cho Jung-il. “Biometric smart cards are becoming a fast-growing market due to higher demand for increased security.”
Earlier this year, Zwipe and Fingerprint Cards announced a strategic partnership that will see the companies take a leading role in developing the biometric smartcards market for the payments industry through joint marketing activities around events and launches of smartcard related products and providing industry thought leadership.