Fingerprints’ sensor empowers Infineon´s SECORA Pay Bio solution to enhance convenience and trust of contactless biometric payments
September 17 2024 - 5:50AM
UK Regulatory
Fingerprints’ sensor empowers Infineon´s SECORA Pay Bio solution to
enhance convenience and trust of contactless biometric payments
Munich, Germany and Gothenburg, Sweden, 17 September
2024 – Fingerprint Cards AB (STO: FING B) and Infineon
Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced SECORA™
Pay Bio, an all-in-one biometric payment card solution that
complies with Visa and Mastercard specifications. This new solution
simplifies the process of producing biometric smart cards, making
it as seamless and efficient as that of standard dual-interface
payment cards.
The solution integrates Infineon’s enhanced SLC39B
system-on-chip (SoC) Secure Element and Fingerprints™ FPC1323
sensor into the Infineon Biometric Coil on Module (BCoM) package,
leveraging the key advantages of inductive coupling technology.
This will lead to a much simpler biometric payment card
manufacturing process. The solution uses the fingerprint
credentials securely stored on the card as a second authentication
factor, enabling a convenient and trusted contactless payment
experience.
“With this all-in-one solution for biometric payment cards, we
are pushing the boundaries of payment cards further,” said Tolgahan
Yildiz, Head of the Trusted Mobile Connectivity and Transactions
Product Line at Infineon. “SECORA Pay Bio enables easy-to-implement
and scalable production of robust and reliable biometric payment
cards with high throughput and a smooth consumer experience.”
“We are very happy that the SECORA™ Pay Bio now is compliant
with two of the world’s biggest schemes. As we shift away from PINs
and passwords, our collaboration with Infineon Technologies marks a
significant step as we empower consumers with the convenience of
biometric security in their everyday lives. The solution enables
card manufacturers to use already existing card manufacturing
equipment to produce biometric payment cards and enables scalable
and efficient volume production,” said Adam Philpott, CEO of
Fingerprints.
Biometric payment solution with excellent contactless
performance
SECORA Pay Bio extends Infineon's SECORA Pay solution family. The
solution integrates Fingerprints' sensor and Infineon's SLC39B
Secure Element into a single dual-interface package, the innovative
Infineon Biometric Coil on Module (BCoM). The SLC39B system-on-chip
(SoC) Secure Element with an integrated power source offers large
memory size and various peripherals, as well as excellent
contactless performance. Based on innovative inductive coupling
technology without wire connection from the BCoM module to the card
antenna, manufacturing complexity can be drastically reduced, and
the card robustness and long-term reliability can be significantly
improved. In addition, the biometric sensor card production can now
be implemented on existing dual interface card manufacturing
equipment with only minor operational changes. As the SECORA Pay
Bio solution complies with both Mastercard and VISA specifications,
the use of BCoM technology would not require additional performance
testing, enabling a flexible and rapid rollout with outstanding
performance and a frictionless onboarding process.
Two new innovative enrollment options are
supported
SECORA Pay Bio supports a wide range of enrollment options,
including enrollment devices, smartphone apps and in-field
enrollment. The innovative SECORA Pay Bio enrollment sheet makes
fingerprint enrolling via smartphone easier than ever before. In
addition, SECORA Pay Bio is the first biometric payment solution to
support in-field enrollment. This allows cardholders to use
biometric payment cards without any additional effort or devices.
Moreover, with these new biometric cards, the fingerprint template
is trained with each payment transaction, improving the user
experience even further.
Availability
The SECORA Pay Bio solution supports the latest payment
applications according to EMV specifications. The pilot proven
product is available with full design-in package and ready for
mass-production. More information is available at
www.infineon.com/secorapaybio
For further information, please contact:
Adam Philpott, President & CEO
Investor Relations:
+46(0)10-172 00 10, investrel@fingerprints.com
Press:
+46(0)10-172 00 20, press@fingerprints.com
About Fingerprints
Fingerprint Cards AB (Fingerprints) – the world’s leading
biometrics company, with its roots in Sweden. We believe in a
secure and seamless universe, where you are the key to everything.
Our solutions are found in hundreds of millions of devices and
applications, and are used billions of times every day, providing
safe and convenient identification and authentication with a human
touch. For more information visit our website, read our blog, and
follow us on Twitter. Fingerprints is listed on Nasdaq Stockholm
(FING B).
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