World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) has entered a partnership with global card manufacturer Tag Systems (and part of AUSTRIACARD Group). Banks, fintechs and Tag Systems’ broader customer portfolio will be able to offer cardholders the enhanced convenience and security of biometric-enabled payment cards.
The partners will launch an advanced biometric payment card solution based on Fingerprints’ biometric technology, which is already live in a combined 30+ pilots and commercial launches globally. Fingerprints’ second generation pre-certified T-Shape® (T2) sensor module, and software platform, will combine with Tag Systems’ extensive payment card solutions and services, based on ST Microelectronics STPay-Topaz-Bio.
“Tag Systems is a fast mover in the ecosystem and a company known for offering the latest high-end payments services. Together we are addressing the security concerns of many consumers while maintaining and even enhancing the contactless convenience that they know and love. In Tag Systems we have a partner that both shares our belief in the value of biometric cards and can bring added value through their biometric card as a service offering”, says Michel Roig, President of Payment & Access at Fingerprints.
Olga Baró, Commercial and Marketing Director of Tag Systems, says: “With this partnership we aim to make biometric cards the top-of-wallet choice for consumers, leveraging Fingerprints’ established and proven solution for biometric cards. Cardholders will approve the transaction by fingerprint authentication which will result in safe, easy and convenient payments for everyday purchases.”