back Back

Fingerprints and Tag Systems to offer biometric payment cards globally

By Gloria Methri

November 09, 2022

  • Biometric Cards
  • Digital Transformation
  • Europe

Fingerprints, Tag Systems, biometric payment cardsSwiss-based biometrics company Fingerprint Cards has entered a partnership with card manufacturer Tag Systems to launch an advanced biometric payment card solution for customers worldwide.

Banks, FinTechs, and Tag Systems’ broader customer portfolio will be able to offer cardholders the security of biometric-enabled payment cards.

The solution will be based on Fingerprints’ biometric technology, which is already live in a combined 30+ pilots and commercial launches globally. Fingerprints’ pre-certified T-Shape sensor module, and software platform, will combine with Tag Systems’ 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,” said Michel Roig, President of Payment & Access at Fingerprints. “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.”

Olga Baró, Commercial and Marketing Director of Tag Systems, said, “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.”

Fingerprint Cards has recently engaged in a series of collaborations to promote contactless biometric payment cards around the world. In September, the company announced its partnership with financial and banking solution provider  Tesco to support the adoption of contactless biometric payment cards in the Middle East. In India, Fingerprint Cards partnered with Mswipe and Transcorp targeting 940 million active cardholders in the country.

Previous Article

November 09, 2022

Quona Capital closes $332m FinTech venture fund

Read More
Next Article

November 09, 2022

Lilly and Atomic to give Americans an easier way to save for retirement

Read More

IBSi Daily News Analysis

UK, Bank

July 12, 2024

Biometric Cards

Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 12, 2024

Nuvei and Mastercard team to enable crypto to fiat conversion

Read More

July 12, 2024

Payset and ClearBank partner for local and cross-border payments

Read More

July 12, 2024

Network International launches Business Payment Solutions with Mastercard

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024