Fingerprints and Flywallet team on wearable biometric payment products

By Gloria Methri

Global biometrics firm Fingerprint Cards has entered a partnership with Flywallet to develop and launch biometric wearable products for the European market.

Flywallet has built a range of consumer products that support payments, mobility, access, and health use cases in a single ecosystem. Among other uses, its products enable secure payments, ticketing, and loyalty services; password-free login to online services; and building and car access control.

The wearable products from Flywallet will now feature Fingerprints’ biometric sensors, software, and the company’s years of experience in secure biometrics innovation.  Fingerprints sensors are designed to be multifunctional to enable usage across a range of different form factors to enhance the security, privacy, and user experience.

Roger Carrico, Vice President, Head of Sales & Business Development, Payment & Access at Fingerprints, commented, “Collaborating with Flywallet will accelerate the growth of the biometric wearables market in Europe and improve consumer access to new biometric products that enhance convenience and trust. For Fingerprints, this partnership is further evidence that our sensors can easily be integrated with other hardware devices to support the development of secure and innovative biometrics products.”

Lorenzo Frollini, Founder, CEO & CTO at Flywallet, said, “We are pleased to have established a strong partnership with Fingerprints, where we can share an innovative vision on biometric wearables. Together, we are enabling simple and secure biometric technology that people can use to enhance their everyday lives.”

Demand for wearable devices is expected to continue increasing. Most wearables, however, do not have sufficient security measures required for activities such as making a payment or unlocking a car or front door.

By combining biometric authentication with wearable technology, Flywallet ensures only the owner of the device can use it. This enables new possibilities for wearable technology in verticals such as payments and access, which is a  key focus area for Fingerprints.