Accomplish Financial unveils biometric card solution from IDEX Biometrics

By Gloria Methri

Payment solution provider Accomplish Financial is set to launch biometric payment cards enabled by IDEX Biometrics. The cards, designed using the TrustedBio Turnkey solution and powered by the SLC38 chip from Infineon Technologies, are expected to reach consumers in Q1 2023.

According to IDEX Biometrics, 80% of consumers globally demand biometric payment cards, and 62% are willing to switch banks to get one¹.

Therefore, it is “paramount” to enable banks and FinTechs to meet consumer demand. The two partners have developed a go-to-market solution that will accelerate biometric card launches for banks and FinTechs.

Catharina Eklof, Chief Commercial Officer of IDEX Biometrics said, “IDEX Biometrics is providing smoother customer payment experiences, and Accomplish Financial shares the same mission to make consumers’ financial lives easier. Accomplish is an agile partner, and we are delighted to jointly accelerate the biometric payment market in the UK and across Europe, providing banks and FinTechs with robust and easy go-to-market solutions.”

Guy Raymond El Khoury, CEO of Accomplish Financial added, “With rising contactless limits, consumers are asking for increased security while maintaining a seamless experience; payment cards need to evolve. The IDEX Biometrics solution provides these advancements whilst maintaining compatibility with payment terminals globally and making adoption straightforward. Accomplish Financial has identified that there is a big opportunity for biometric payment cards to be used to improve customer journeys. Combined with card issuing and in-house processing expertise from Accomplish, we continue our trend of offering the payment industry the most innovative products.”