France's Societe Generale bank conducts new cards that center around contactless payment methods, specifically focused on secure and limitless transactions. The trial tests the payment cards using a biometric technology created by Idemia, where the system reads specific fingerprints to enable the payment process. This technology lifts the limit cap to any purchase amount through a contactless tap.
When users receive the card, they must create a record of their own fingerprint to connect to the card. The information is then verified on the card and nowhere else -- ensuring that cardholder's own fingerprint data is not shared with the bank system or retailers. Additionally, the new card can be used in-person, online, and at ATMs.
Fingerprint-Activated Contactless Cards
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