FB pixel

Zwipe biometric payment card partnership in Brazil reaches manufacturing

Zwipe biometric payment card partnership in Brazil reaches manufacturing
 

Zwipe and Brazilian smart card manufacturer Thomas Greg and Sons do Brasil (TGS) have extended their partnership to start manufacturing biometric fingerprint payment cards at small scale and gradually increase production to meet market demands, the company announced.

TGS will integrate the Zwipe Pay ONE platform, which includes Idex Biometrics next-generation biometric system-on-chip fingerprint sensor.

In April 2019, Zwipe and TGS agreed to co-develop and launch biometric payment cards. TGS is one of Latin America’s largest card manufacturers, with 55 million cards produced in 2018.

“We are now seeing increasing interest in biometric payment cards in our region, especially as consumers become much more familiar with contactless payments and demand safer and more hygienic payment alternatives in store,” Hernani Finazzi, CEO of TGS, said in a prepared statement. “We have worked closely to adapt our manufacturing processes to integrate Zwipe’s biometric solution in our card production and we are excited to take this partnership to the next level.”

“Latin America is a fast-emerging region when it comes to payment card usage. We are extremely glad TGS is taking a key step to embrace the Zwipe platform and bring our collaboration to a new level. We look forward to jointly addressing the needs of banks and consumers in Latin America going forward,” André Løvestam, CEO of Zwipe, said in a prepared statement.

Zwipe also recently secured an order for manufacturing fingerprint-enabled payment cards on a small scale with Hong Kong-based Toppan. The race for market share in biometric payment cards was effectively kicked off with the recent announcement that French bank BNP Paribas will issue at least 10,000 units this year.

This post was updated at 3:34pm Eastern on June 30, 2020 to note the biometric platform being used in the cards

Article Topics

 |   |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Financial fraud prompts $14M digital identity intelligence investment, calls for action

Financial institutions and regulators continue to invest in anti-fraud and identity verification. Barclays has invested in anti-fraud platform Heka as…

 

Age estimation at the shop, age verification online: France laws tested with questions

In France, age assurance tools are showing up online and at retail vendors selling age restricted products, prompting questions from…

 

Ofcom planning more safety measures to tackle addictive design

It has been noted previously in these pages that the UK is looking to be taken seriously in pursuing its…

 

OFIQ community reviews early results of biometric quality assessment tool

The standardization of image quality for face biometrics is a major step towards making population-scale biometric systems functional, and as…

 

New binocular iris scanner from IriTech designed for high volume use cases

Iris recognition provider IriTech, Inc. has announced the launch of the IriAegis-BK, a binocular iris scanner designed for high-throughput biometric…

 

Laos begins integrating digital ID cards into public agencies

Government agencies in Laos have received the order to begin integrating the country’s chip-enabled identity cards and citizen databases. Ministries,…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events