Zwipe and FPC partner to grow biometric smartcard market
Zwipe and Fingerprint Cards (FPC) have 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.
Zwipe and FPC will also highlight each other’s technologies and benefits in strategic customer projects.
“With FPC’s and Zwipe’s respective strong market position, a partnership to address specific markets was inevitable,” said Jörgen Lantto, CEO of Fingerprint Cards. “FPC’s leading extremely low-powered touch fingerprint sensor technology combined with Zwipe’s energy-harvesting technology brings forward a very compelling combined offering. We are looking forward to support Zwipe taking a leading position in biometric smart cards.”
Zwipe has developed a biometric system that fits into a standard credit card form factor. The contactless payment card operates without a battery by taking energy from the payment terminal over NFC technology and, according to the company, has proven its capabilities in pilots and tests performed by banks and leading players in the payment industry.
“Zwipe and Fingerprint Cards (FPC) have enjoyed a close relationship for several years during a phase when Zwipe has been preparing its offering for large-scale commercial roll-out,” said Kim Kristian Humborstad, Founder and CEO of Zwipe. “FPC is experiencing strong momentum and it made sense for Zwipe to join forces with them to grow market receptiveness within the biometric category of the rapidly growing smartcard market.”