Munich, Germany and Gothenburg, Sweden – 24 November, 2022 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Fingerprint Cards AB (STO: FING B) today announced the signing of a joint development and commercialization agreement of a plug-and-play turnkey solution for a biometric payment smart card. The goal of the cooperation is to make biometric smart card production as simple and easy as producing a standard dual interface payment card.
This comprehensive SECORA™ Pay Bio turnkey solution will include both Fingerprints’ FPC1323 sensor with its biometric software algorithm and Infineon’s upcoming SLC39B Secure Element. This off-the-shelf solution will come with a pre-certified Java Card™ operating system including Mastercard and Visa bio-applets. With the development of the innovative Infineon Biometric Coil on Module (BCoM) package based on inductive coupling technology, the overall biometric smart card manufacturing process will be significantly simplified and the bill of material considerably reduced. This will allow card manufacturers to use already existing card manufacturing equipment for the production of biometric payment cards and enable scalable and efficient volume production.
“Our collaboration with Infineon will further push the boundaries of producing biometric payment cards with new, innovative product designs for the mass market,” said Michel Roig, President of Payment & Access at Fingerprints. “By combining and integrating the leading components, Fingerprints’ FPC1323 and Infineon’s SLC39B secured system-on-chip, into one system package, we will offer proven biometric performance executed in a single chip. This innovative and fully integrated solution will simplify, scale production, and enable worryless payments for consumers.”
“The cooperation agreement with our strategic partner Fingerprints is an important milestone in enabling easyto-manufacture, cost-effective, and highly scalable biometric card production simply with existing tools at no additional CAPEX for our customers,” said Tolgahan Yildiz, Head of Payment Solutions at Infineon’s Connected Secure Systems Division. „This milestone also ratifies Infineon’s true commitment to biometric smart cards, where we will continue to work and innovate diligently with our partners to enable a great customer journey with biometric smart cards from production and enrollment, up until payment at retail stores for secured and seamless transactions.”
ABI Research1 expects, in an optimistic scenario, that up to 140 million biometric payment sensor cards to be issued in 2025 fulfilling consumer demand for more convenient and secured biometric authentication in personal payment transactions. In daily life, biometric card holders verify their identity simply by placing a finger on the card’s sensor and tapping the card at the terminal. It has the clear advantage of not requiring a PIN code during payment at a point of sale (POS) terminal. For this reason, biometric payment cards can offer more convenient, and hygienic payment experiences without the need for low transaction limits. Each transaction, starting with the first Euro, will be authorized by a second-factor authentication, dramatically reducing misuse in the case of lost or stolen cards.
SECORA Pay Bio will extend Infineon’s well-established SECORA Pay turnkey solution family to address the fastgrowing segment of biometric banking cards. SLC39B is Infineon’s advanced system-on-chip (SoC) cryptoprocessor with an integrated power source, large memory size and diverse peripherals, as well as best-inclass contactless performance. The company’s BCoM is a tailored, innovative, dual-interface Coil on Module (CoM) for SECORA Pay Bio, which integrates Fingerprints’ advanced sensor and Infineon’s upcoming Secure Element into a single package. With the inductive coupling technology, no wire connection between the card antenna and the module is needed. This significantly improves the robustness and long-term reliability of biometric payment cards.
More information will be available at Payments-in-Motion.
For more information about Fingerprints’ payment solutions, click here.
For further information, please contact:
Michel Roig, President Payment & Access
+46(0)10-172 00 10, email@example.com
+46(0)10-172 00 20, firstname.lastname@example.org
Fingerprint Cards AB (Fingerprints) – the world’s leading biometrics company, with its roots in Sweden. We believe in a secure and seamless universe, where you are the key to everything. Our solutions are found in hundreds of millions of devices and applications, and are used billions of times every day, providing safe and convenient identification and authentication with a human touch. For more information visit our website, read our blog, and follow us on Twitter. Fingerprints is listed on Nasdaq Stockholm (FING B).
Infineon Technologies AG is a global semiconductor company at the forefront of technological innovation. Founded in 1999 and headquartered in Neubiberg, Germany, Infineon has grown to become a leading player in the semiconductor industry, with a focus on smart card technology, Java Card solutions, and secure payment systems.
Infineon and Fingerprints step into cooperation on the all-in-one solution SECORA™ Pay Bio that will bring biometric payment cards to a new level
Munich, Germany and Gothenburg, Sweden – 24 November, 2022 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Fingerprint Cards AB (STO: FING B) today announced the signing of a joint development and commercialization agreement of a plug-and-play turnkey
Versatile and contactless: Infineon sets standards with multifunctional employee ID card including Mastercard payment function
Munich, Germany – 18 January 2021 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is replacing the employee ID cards at its headquarters 'Am Campeon' with the world’s first solution that combines highly secured office building access with
SINGAPORE, Nov. 4, 2020 -- Infineon partners with Tribe, the first Singapore Government supported blockchain ecosystem builder, which brings together government agencies, corporates and blockchain companies to foster innovation and collaboration. Infineon will provide its longstanding industry expertise in hardware
SECORA™ ID S: highest security and flexibility for region-specific electronic ID cards and eGovernment solutions
Munich, Germany – 17 June 2020 – With SECORA™ ID, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) offers an easy-to-integrate security platform for contactless digital ID documents. The first product variant, SECORA™ ID S, is a particularly flexible, Java
Nov 14, 2019 -- ePasslet Suite v3 – cryptovision’s Java card framework for electronic ID documents – will be available in 2020 on SECORA™ ID, Infineon’s new Java card operating system. Using ePasslet Suite, users of SECORA™ ID can easily and flexibly
Munich, Germany – 14 November 2019 – Electronic identification documents (eID) are high in demand worldwide. To address the evolving needs of the market in a fast and flexible manner, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has