biometric payment cards

New IDEMIA Tokyo Office to Feature Experience Center

New IDEMIA Tokyo Office to Feature Experience Center

French security and identity solutions company IDEMIA has announced that it has opened its new Japanese head office in Tokyo’s Shibuya District, featuring a new experience center that will showcase some of the company’s tech offerings. Aside from being home to IDEMIA’s five business units in the country — Financial Institutions, Mobile Operators, Biometric Devices,…

FPC Wants Consumers to #PaySmarter with Biometric Cards

FPC Wants Consumers to #PaySmarter with Biometric Cards

“Noting that new biometric payment card technologies have at this point been tested and accredited for mass market launches, FPC wants to harness consumer demand to encourage banks to adopt the tech.” Fingerprint Cards has become the latest biometrics expert to point to the COVID-19 pandemic as an important new factor driving interest in contactless,…

COVID-19 Driving Up Interest in Biometric Payment Cards: Zwipe

COVID-19 Driving Up Interest in Biometric Payment Cards: Zwipe

Biometric smart cards are finally poised to become a commercial reality. In a recent memo, Zwipe CEO André Løvestam noted that several “1st Generation” biometric cards will achieve small-scale commercial launches in 2020, paving the way for an even greater breakthrough as demand increases in the next few years. Of course, Løvestam believes that Zwipe…

Fingerprint Sensor Market to Double by 2025: Report

Fingerprint Sensor Market to Double by 2025: Report

MarketsandMarkets has released a new report that details the impact of COVID-19 on fingerprint sensor markets. In that regard, the firm expects the market for that technology to double between 2020 and 2025, growing from $3 billion to $6 billion even though the coronavirus has raised health concerns and discouraged the use of shared fingerprint readers.…

Zwipe Teams Up with Italian Smart Card Maker

Zwipe Teams Up with Italian Smart Card Maker

“The two companies will work together on contactless payment solutions based on both card and wearable form factors.” Zwipe has found another new partner to help expand the reach of its biometric technology in the payments space. In this case, it’s Publicenter, described by Zwipe as Italy’s largest domestic smart card maker. The company is…

Zwipe Teams with Watchdata to Develop Contactless Payment Tech

Zwipe Teams with Watchdata to Develop Contactless Payment Tech

Zwipe has teamed up with Watchdata Technologies to develop contactless payment solutions. The offerings will eventually include wearable devices and contactless payment cards, which will be distributed to banks in multiple regions around the world. Watchdata is based in Beijing, though its company headquarters are located in Singapore. The company specializes in secure transactions and…

Zwipe HK Partner to Begin Manufacturing of Biometric Cards

Zwipe HK Partner to Begin Manufacturing of Biometric Cards

Biometric payment cards continue to inch their way toward commercial deployments, with Zwipe announcing that a Hong Kong-based partner is now ready to proceed with small-scale manufacturing. The biometrics specialist first announced its partnership with Toppan Forms Card Technologies (TFCT) in April, framing it as a means to move toward payment card commercialization in the…

New Zwipe Executive VP Brings Deep Payments Experience

New Zwipe Executive VP Brings Deep Payments Experience

Zwipe has a new Executive Vice President of Strategy and Channels: Bishwajit Choudhary has joined the company’s leadership, bringing with him extensive experience in the digital payments sector. Before his new appointment, Choudhary spent 20 years with Nets Group, a Denmark-based digital payments solutions provider focused on financial institutions. Choudhary worked his way up from…

Thales Forecasts Rise of Biometric Payment Cards

Thales Forecasts Rise of Biometric Payment Cards

Thales is the latest organization to suggest that COVID-19 could accelerate the adoption of contactless payment technologies. The company notes that the amount of cash in circulation has decreased during the pandemic, while online transactions have gone up in the same period. Now Thales is arguing that some of the changes could be permanent, and…

Payment Cards, COVID-19, Smart Glasses and More in This Week’s Top Stories Roundup

Payment Cards, COVID-19, Smart Glasses and More in This Week’s Top Stories Roundup

It’s been another varied week in Mobile ID World news, but this week’s top stories roundup features payment cards as a notable theme, with, of course, an appearance from the topic of COVID-19. This week brought the news that China UnionPay has offered a Letter of Approval for a biometric payment card featuring IDEX Biometrics…

China UnionPay Gives ‘Letter of Approval’ for Biometric Payment Card

China UnionPay Gives ‘Letter of Approval’ for Biometric Payment Card

“This LOA is a critical step to driving mass adoption in China. IDEX and our partners are now approved for deployment in the world’s largest market for payment cards.” Vince Graziani, CEO, IDEX Biometrics  IDEX Biometrics is celebrating another important step toward mass commercialization of biometric payment cards: the company says that a card featuring…

ABI Predicts COVID-19 will Lead to More Contactless Payment Cards

ABI Predicts COVID-19 will Lead to More Contactless Payment Cards

ABI Research is predicting that COVID-19 will accelerate the adoption of contactless payment cards. The firm now believes the number of cards issued in 2020 will exceed initial estimates by more than 110 million cards, a figure that will bring the total number of contactless payment cards in circulation to more than 2 billion internationally. …

Zwipe Sees No Negative COVID-19 Effects in Q1 Update

Zwipe Sees No Negative COVID-19 Effects in Q1 Update

While various companies are reeling from the disruptive effects of the COVID-19 pandemic, Zwipe is staying its course and proceeding as planned, the fingerprint biometrics specialist suggests in its Q1 2020 operational update. Zwipe’s overarching plan is still to establish itself as a leader player in the emerging biometric payment and smart cards space, and…

IDEX Ramps Up Production to Meet Biometric Tech Orders

IDEX Ramps Up Production to Meet Biometric Tech Orders

IDEX Biometrics has revealed that it has received more than $700,000 in production orders through the first four months of 2020. The company is currently ramping up production to meet those obligations, and expects to ship the orders in the second and third quarters of the year. The components will be shipped to customers in…

Mastercard Survey Finds COVID-19 is Accelerating Contactless Payments

Mastercard Survey Finds COVID-19 is Accelerating Contactless Payments

Mastercard has released the results of a global survey that suggests that the COVID-19 pandemic is accelerating the adoption of contactless payments. An astonishing 79 percent of the respondents confirmed that they are now using contactless payments, with many citing safety as their primary motivation for doing so. To that end, 82 percent of the…

Zwipe Teams Up with Another Hong Kong Card Manufacturer

Zwipe Teams Up with Another Hong Kong Card Manufacturer

Zwipe is continuing to make inroads in the Asian market. The company has formed a partnership with Hong Kong’s Asia Credit Card (ACC) to develop a full portfolio of biometric payment services and products. The partnership will focus primarily on biometric payment cards. Zwipe is planning to launch its Pay ONE platform later this year,…

China UnionPay Certifies Biometric Payment Card from IDEX and TMC

China UnionPay Certifies Biometric Payment Card from IDEX and TMC

A collaboration between IDEX Biometrics and Secure Element specialist Tongxin Microelectronics Co. (TMC) is starting to pay off, with the companies’ technologies being used in a biometric payment card solution that has now received certification from China UnionPay. “This certification uses TMC’s most advanced secure element and we expect to see it in many biometric…

Zwipe Teams Up with Toppan to Bring Biometric Payment Cards to Hong Kong

Zwipe Teams Up with Toppan to Bring Biometric Payment Cards to Hong Kong

Zwipe is teaming up with Toppan Forms Card Technologies to move biometric payment cards towards the commercialization phase in Macau and Hong Kong. The two companies will work together to develop new cards, and to market those cards to Toppan’s customers in the region. To that end, Toppan will integrate the Zwipe Pay ONE platform…

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