“Most observers agree that for security and convenience reasons, biometric contactless payment cards are the wave of the future in banking and other industries.” – Ritu Favre, CEO NEXT Biometrics
NEXT Biometrics has taken another important step on the path toward commercialization of its biometric payment card solutions, and has further refined its timeline for the effort.
The big step involves testing against ISO standards, with the company asserting in a statement that its smart card modules “successfully performed biometric functions powered only by an ISO/IEC 14443 contactless reader,” adding that in the testing “NEXT’s large-area flexible sensors conducted these functions reliably and consistently.” This particular ISO standard concerns interface and transmission protocols for contactless smart cards.
Commenting on the success, NEXT Biometrics CEO Ritu Favre said, “We’re extremely pleased with the progress our technical teams are making in smart cards,” adding, “Most observers agree that for security and convenience reasons, biometric contactless payment cards are the wave of the future in banking and other industries.” Biometric smart card solutions, including payment cards, have been shaping up to become a key business area for the company in recent months.
Looking ahead, NEXT Biometrics said it aims to begin sampling of contact-based smart card modules “sometime this quarter,” and that it expects to start sampling contactless solutions in 2019.
(Originally posted on Mobile ID World)