• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

This Report Has Everything You Need to Know About Biometric Payment Cards

March 13, 2019

This Report Has Everything You Need to Know About Biometric Payment Cards

In the past couple of years, biometric payment cards have emerged as an exciting, potentially transformative new trend in the payments industry. However, new technology can still be intimidating, especially for organizations that don’t understand how biometric payment cards are supposed to work.

That’s why the Secure Technology Alliance has released a report to educate retailers and card issuers about the benefits of biometric cards. The report is intended to serve as a resource for companies looking to learn more about biometric payment cards, from implementation and enrollment challenges to the functions of the various components that go into a typical card.

“Issuers today are looking at different ways of verifying cardholder presence that don’t impact consumer convenience,” said Randy Vanderhoof, the Executive Director of the Secure Technology Alliance. “Biometric technology solves that problem and doesn’t require retailers to make changes to their terminals.”

The report specifically focuses on cards that use fingerprint recognition technology. It was released by the Secure Technology Alliance Payments Council, a coalition of payment industry stakeholders that includes leading credit card companies like VISA, American Express, and MasterCard, as well as biometric card manufacturers like IDEMIA and Gemalto.

The broader goal is to encourage more organizations to adopt fingerprint authentication and smooth the transition biometric payment cards across multiple channels. 

Filed Under: Industry News Tagged With: Biometric, biometric cards, biometric payment cards, biometrics, Fingerprint biometrics, fingerprint recognition, fingerprint scanning payment cards, fingerprint sensors, FinTech, Secure Technology Alliance

Related News & Articles

Visa Approves FIME as a Tester of Contactless Payment Products

Galaxy S10’s Fingerprint Sensor Spoofed by 3D Print: Report

Mobile Face Unlock Startup to Join SXSW Pitch Festival

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • TSA to Expand MDL Pilot to Puerto Rico, Tennessee Airports
  • OECD Issues Draft Recommendation for Digital ID, Invites Comment
  • NordPass, Yahoo! Japan, and Regula Keep Up Mobile Biometrics Momentum
  • NordPass Enables Biometric, TOTP-secured 2FA for Business Users
  • Mastercard Solution Certified Under UK’s Digital ID Framework

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld