TaluCard & IDEX Biometrics partner on biometric payment solutions
By Gloria Methri
TaluCard has teamed up with IDEX Biometrics and a London-based issuer to launch its biometric payment solution in Europe. The initiative aims to transform payment solutions by focusing on accessibility and security for all users, including those with visual impairments and members of the ageing community.
TaluCard features fingerprint authentication and enhanced security, as only the authorised, registered user can make transactions. Additionally, it includes tactile guidance markers that help users accurately locate the fingerprint sensor and voice guidance. TaluCard offers unlimited contactless transactions, removing the need for PINs or signatures and making transactions seamless and efficient.
The TaluCard app will be launched on iOS and Android, providing a digital solution in support of the card for managing payments and finances. A proprietary access technology offers discreet audio feedback for visually impaired users to verify transaction details, ensuring a secure and private user experience.
Steve Tyler, Director of Assistive Technology at Leonard Cheshire and former Head of Strategy at the Royal National Institute of the Blind (RNIB), said, “TaluCard is a groundbreaking solution that instantly removes some of the challenges of payment experiences through the simple expedient of seamless biometric identification there is no need to be concerned about misuse of a card or handling unusual or inaccessible point of sale solutions. TaluCard provides a unique level of peace of mind, convenience and user experience – a great win for accessibility.”
Catharina Eklof, Chief Commercial Officer at IDEX Biometrics, added, “Our long-standing commitment to bringing trusted biometric authentication solutions to everyone is materializing with the biometric TaluCard. It is our strategic imperative to provide payment and access solutions that make it easier and more secure to pay for everyone, including the visually- and memory impaired. We share the conviction with TaluCard that digital and financial inclusion is critical for economic growth and should be a key priority for banks and FinTechs”.
IBSi Daily News Analysis
July 19, 2024
Biometric Payment Cards
SMEs leverage cloud to gain competitive edge, study shows
Read MoreIBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage