FB pixel

Biometric payment cards launching in Bangladesh, approved by Mastercard

Idex supplies MTC, Feitian and Fingerprint Cards win approval
Biometric payment cards launching in Bangladesh, approved by Mastercard

Idex Biometrics is supplying fingerprint biometric technology for payment cards to Bangladesh-based Mutual Trust Bank, as the biometrics provider expands its reach in Asia.

The cards are based on Idex’ Pay solution.

“These cards are expected to attract new customers and increase card usage among existing customers, bringing financial empowerment to the people of Bangladesh,” says Syed Mahbubur Rahman, managing director and CEO at MTB.

Idex also revealed an agreement to provide biometric payment cards to Bangladesh’s Eastern Bank at the tail end of last year.

CCO Catharina Eklof says Idex is continuing a “strategic focus on growth markets in Asia.”

Other biometrics and payment card providers see the regional growth potential as well.  Mastercard is launching a pair of biometric cards in Turkey, working with Idex, Fingerprint Cards and Thales.

The FT-JCOS BioCARD, made by Feitian with Fingerprint Cards’ second-generation T-Shape biometric sensor, has been approved by Mastercard.

The cards use Feitian’s Java card operating system, and the T-Shape sensor connects directly to the secure element, which at least in the past has been supplied by Infineon.

“This approval reinforces our joint commitment to security in payments and acknowledges global acceptance of the FT-JCOS BioCARD,” comments Adam Philpott, CEO of Fingerprint Cards.

Fingerprint Cards and Feitian expanded an existing partnership on biometric payment cards in 2022.

Related Posts

Article Topics

 |   |   |   |   |   |   | 

Latest Biometrics News


Who is looking out for your data? Security in an era of wide-spread breaches

By Vince Graziani, CEO, Idex Biometrics While some of the biggest businesses in the world now rely heavily on data, concern…


ITL’s Alerts App expands biometric portfolio to integrated venue management

Businesses from every sector all face access control challenges to ensure the security and safety of their staff and customers….


Best biometrics use cases become clearer as ecosystems mature

Biometrics are for digital identity, socio-economic development, air travel and remote identity verification, but not public surveillance, the most-read news…


UK Biometrics and Surveillance Camera Commissioner role survives as DPDI fails

UK parliament will not pass data protection legislation during the current session, following the announcement of the general election in…


EU watchdog rules airport biometrics must be passenger-controlled to comply with GDPR

The use of facial recognition to streamline air passenger’s travel journeys only complies with Europe’s data protection regulations in certain…


NZ’s biometric code of practice could worsen privacy: Business group

New Zealand is working on creating a biometrics Code of Practice as the country introduces more facial recognition applications. A…


Leave a Reply

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

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events