Fingerprint Cards, a global provider of biometric systems, has partnered with Valid, a major technology provider and integrator, focusing on secure solutions for identification, mobile, and payment ecosystems.
The partnership between Fingerprints and Valid is focused on addressing the growing security concerns among Brazilian consumers using contactless payments. By integrating Fingerprints’ advanced biometric technology into the payment cards, they aim to enhance security and convenience for users.
Fingerprints specializes in developing biometric technology that is incorporated into various security products, including payment cards. Their second-generation T-Shape® sensor module and software platform are crucial in enhancing the security features of the new biometric payment card.
Valid takes on the role of manufacturing the new biometric payment cards.
The biometric payment cards will be introduced at the Febraban Tech event in Sao Paulo, June 2024.
Fingerprints CEO Adam Philpott said, “Brazil and the wider Latin America region is increasingly being recognized as a hub for payment innovation. I’m very pleased that Fingerprints can support Valid in adding this biometric payment card to its product portfolio. The card’s high level of security will help reduce fraud while enhancing the user experience, thereby aiding banks in customer acquisition. We anticipate that several banks in the region will soon adopt biometric payment technology.”
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