July 6, 2016 -
Valencell, Giesecke & Devrient (G&D) and Z-Smart have integrated Valencell’s PerformTek technology in G&D’s new payments-focused smartwatch targeting the banking industry.
Three large banks across China will begin providing the watch to banking customers who open new bank accounts for use with their accounts, with more banks to follow.
Benchmark sensor systems incorporate all of Valencell’s patent-protected PerformTek biometric sensor technology in pre-packaged system for immediate integration in wearables of all kinds, helping to accelerate time-to-market and streamline product development.
“We are very pleased to be partnering with Valencell, the leader in wearable biometric sensor technology, and international technology provider G&D, to bring this innovative product to banking industry customers in China,” said Wu Hao, Co-founder of Z-smart. “By choosing Valencell’s PerformTek technology, along with our expertise in power management solutions, we can be confident that the product will exceed user expectations and enable an outstanding user experience.”
“By integrating Valencell technology into our smartwatch, we are giving our customers a multifunctional wearable device that will not only help them streamline their banking and payments tasks, but will help them track and optimize their health and fitness,” said Xiao Wei, General Manager of G&D China.
According to a statement by the company, utilizing Valencell’s technology gives Z-Smart access to Valencell’s global ecosystem of manufacturing partners and Valencell’s Biometrics Lab, one of the most experienced biometrics labs in the world, for testing and validation of the device.
“With the exponential growth of the wearables market, we are seeing biometrics becoming standard functionality in smartwatches,” said Dr. Steven LeBoeuf, president and co-founder of Valencell. “This is another great example of how Valencell is driving innovation in biometric wearables across multiple form factors, and providing consumers with the most accurate biometric sensor technology needed to drive truly compelling user experiences in fitness and health.”