Infineon Technologies is a company that developed smart card payment methods and it works together with NEXT Biometrics, which is a firm focused on fingerprint sensor technologies. This partnership brings forth a new design of seamless payment cards that go through a biometric process. This enables a smooth shopping experience and production solution -- it functions using a fingerprint sensor as the second authentication.
This biometric security surpasses traditional signature, magnetic stripe, chip, or embossing solutions. The sensor is embedded within the card and each cardholder's fingerprint data is only stored within the card itself and not under any other system for user privacy. This solution is faster, it reduces fraudulent actions, and it also has a false rejection rate to measure the frequency of when prints are properly or incorrectly recognized. The design of the collaborative card infused a biometric module, an operating platform, payment applet1s, and proven lamination processes for manufacturing.
Fingerprint-Sensor Smart Cards
More Stats +/-
Brand Logo Mashup Marketing
Facial Recognition ATMs
Biometric Wearable Payments
Fast Food Toll Payments
Chip-Enabled Contactless Payments
Free 2019 Report & eBook
Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book.
Our Research Methodology
This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.