IDEX Biometrics’ Post

Fingerprints supports Valid in roll out of biometric payment cards in Brazil. Fingerprint Cards AB (Fingerprints) and Valid, the global payment technology provider and integrator of secure solutions for identification, mobile and payment ecosystems, have partnered in developing a biometric payment card for the Brazilian market. The card, which features Fingerprints’ proven biometric technology, will offer new levels of contactless security, convenience and hygiene. The cards, manufactured by Valid, will feature Fingerprints’ second-generation T-Shape® (T2) sensor module and software platform. The biometric payment card will be unveiled at Sao Paulo’s Febraban Tech event in June 2024. Despite consistent and significant contactless payment growth in Brazil since the pandemic, there are still consumer concerns around security. Source: https://lnkd.in/eGBjQiQe Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #fintech #fintechnews #payments #digitalpayments #bankingtechnology #financialtechnology #financialservices #financialsolutions

Today marks the beginning of a deep dive into the fascinating world of card manufacturing and chip personalization! 💡 Interesting Fact: Did you know that the chip inside your payment card, also known as the EMV chip, contains a mini-computer that can generate a unique cryptographic code for every transaction? This means your card data is protected even if the transaction environment isn’t secure! 🔐 From embedding chips to ensuring top-level data security, the production process involves complex layers of technology, design, and engineering – all to create a seamless payment experience. 💡 Stay tuned for more insights into this exciting process and discover how the world of payment cards is evolving. #CardManufacturing #ChipPersonalization #Fintech #Mastercard #VISA #AMEX #Rupay #NPCI #PaymentSolutions #DigitalPayments

Celebrating 25 years of innovation! Standards enable brilliant innovations to flourish and scale! EMVCo should proud to have been at the forefront of payment technology evolution. EMVCo standards have enabled advancements from EMV Chip Specifications to EMV 3DS to fulfilling the need for a common Electric Vehicle Payments Standard at a global scale. #EMV #payments #EMV3DS

I recently read a statistic saying that 75% of Gen Z are more likely to buy a product if they can customise it. 💸 When you think of #customisation, a range of products spring to mind: Cars 🚘 phone cases 📱 and wallets 👛 to name a few. At Thales Digital Identity and Security, we’ve been working on something a little different: customisable cards. 💳 Our Gemalto #SketchMyCard offer allows bank’s customers to design unique and personalised payment cards, that reflect their individuality, creativity and lifestyle. Over the summer, we celebrated successes with two financial institutions: 🖼️ Papara, a leading fintech in Turkey, is using the solution for their ‘Design My Card’ function, which gives users the chance to create their own wall of graffiti with a combination of drawings, sketched or doodles, and ready-made creations from an extensive gallery 🎨 NG.CASH launched the first customisable card in Latin America, with a specific focus on targeting Gen Z needs in Brazil. Customers can now have a Mastercard #CreditCard with their name or nickname, plus a customised design. Here’s to more exciting, creative and personalised partnerships!

Mastercard has expanded its biometric payment service, empowering consumers to checkout faster and more securely without passwords or OTPs. This innovation enhances the payment experience, reducing friction and boosting security. How it Works: 1. Enrollment: Users enroll their biometric data (face, fingerprint, or iris) with Mastercard's trusted partners. 2. Tokenization: Mastercard replaces sensitive payment info with unique tokens. 3. Biometric Authentication: Users authenticate transactions with their enrolled biometric. 4. Secure Processing: Mastercard verifies the biometric data and processes the payment. Key Benefits: - Enhanced security and reduced fraud through advanced biometric authentication - Seamless checkout experience with facial recognition, fingerprint, or iris scanning - GDPR and PCI-DSS compliance ensuring data protection - Available for online and in-app payments, simplifying digital transactions Business Impact: - Improved customer experience and satisfaction - Increased conversion rates and sales - Reduced cart abandonment and friction - Competitive edge in the market with cutting-edge technology #BiometricPayments #DigitalPayments #CheckoutExperience #PaymentInnovation #Fintech #Security #CustomerExperience

As the digital world continues to evolve, using an online bank for your finance needs is not only practical, it offers a number of consumer-friendly benefits and features. Biometric payments benefits consumers, not only by offering them a smoother easier transaction process, but also the convenience of not having to carry cash/cards. This system can also be applied within a financial organisations for customers to use to withdraw and deposit cash securely. To see how this translates in real life, take a look at our case study on how we provided a secure solution and frictionless experience to safe deposit customers with Idemia's Morphowave compact. https://lnkd.in/eRKGzQus #biometric #contactless #nationalonlinebankingday #nationalonlinebankday

Find out how We secure your daily transactions, making it much eaiser, safer and connected. #ProudToBeIdemia #ISTWeMakeItPossible #IDEMIASecureTransactions

*** Market Highlight*** The #metal #card market addresses 30 millon affluent consumers world-wide, growing at a CAGR of 25% globally, with regions such as #Asia exceeding 100% ✅ A growing middle class, pursuing premium products and experiences, are driving #consumer #demand in emerging and developing economies ✅ More than 90% of affluent consumers in India want biometric payment cards ✅ Biometric metal cards represent a compelling opportunity for banks, providing #status, #security and #ease of use for contactless payments ✅ Biometric metal cards give banks an opportunity to lead by #innovation, attract new customers and increase share of wallet ✅ Banks in Asia are taking the lead in bringing these cards to market and IDEX Biometrics is very well positioned to drive this market opportunity at global scale, partnering with world-leading metal card manufacturers Reach out to learn more 👉 sales@idexbiometrics.com

Smooth Sailing: Enabling Frictionless Payments – our whitepaper reveals key trends. https://lnkd.in/e5g5CwcU Did you know? Contactless mobile transactions secured by biometric technology are expected to increase by over 520% between 2020 and 2025. Discover how this surge in secure payment methods can shape the future of transactions. 📈🔐 #JCBInsights #FrictionlessPayments #Whitepaper #JCBCard

🔴 🎥 #REPLAY | The Key Design Trends Shaping the Payment Card Industry Catch IDEMIA Secure Transaction's Julia Schoonenberg, EVP of Payment Services and Brian Riley, Co-Head of Payments at Javelin Strategy & Research for a webinar looking at card innovation, the role of materials and personalization and the latest trends in the payments card industry. Watch the replay here ➡️ https://lnkd.in/eNPddTN8