Fingerprint Cards partners with Valid to release contactless biometric payment cards
Fingerprint Cards has partnered with Valid to develop contactless biometric payment cards that integrate the T-shape module designed by Fingerprint Cards, part of the 1300-series, the company announced.
Recently showcased at Money 2020 USA, the module allegedly has ultra-low power consumption and can be assimilated into smart cards through standard processes.
“Valid is an innovator in the global market for secure payments, and an especially strong player in the U.S. and Latin America regions,” says Thomas Rex, SVP Business Line Smartcards at Fingerprint Cards. “We are excited about this collaboration and to see our outstanding T-Shape now being integrated into all top five payment smartcard suppliers globally. This is yet another manifest of the growing appetite for biometric payments cards across the world, and our strong position.”
As contactless payments are on a growing trend, biometric payment cards could deliver a number of opportunities and advantages for banks, merchants and consumers.
“We chose the biometric solution from Fingerprints since they have the leading technology in the market, with proven biometric performance and the lowest power consumption, which is of highest importance for contactless biometric cards,” says Alberto Hernandez, Chief Operating Officer for the U.S. Region at Valid.
Valid has recently partnered with the Washington State Department of Licensing (DOL) to equip offices with its hardware and software to reduce time spent at licensing offices. Valid is also providing biometric ID cards in Brazil, as part of an award-winning smart city initiative in the State of São Paulo.