Fingerprint Cards AB (Fingerprints™) and IN Groupe through SPS, its globally leading brand in contactless and dual interface card manufacturing technologies, have come together to collaborate on IN Groupe’s Smart Packaging Solutions (SPS). „The partnership supports global card manufacturers in scaling up their production of contactless biometric cards.” according to the press release.
The partnership between IN Groupe and Fingerprints will facilitate the manufacturing of biometric payment cards that incorporate Fingerprints’ biometric sensors, software and algorithm, offering ultra-low-power consumption and leading biometric performance.
Additionally, the biometric payment card solution will further support smartcard manufacturers’ growth ambitions by improving reliability, reducing costs and significantly simplifying the manufacturing process for dual-interface and contactless cards. IN Groupe holds 25% of the dual interface market worldwide outside China with its SPS solutions.
Biometric technology brings both convenience and security to cardholders, since they no longer need to remember a PIN to use their payment card. Biometric payment cards are gaining popularity and the growth of the market can be attributed to the rising technological advancement and global acceptance of the contactless payment method.
„Fingerprints is proud to work with IN Groupe and their SPS solutions. It is a company that has innovation at the heart of its operations and is a leader in the payment card ecosystem. This partnership will further reinforce Fingerprints’ position as the leading provider of biometric solutions for payment cards,” says Michel Roig, President of Payment and Access at Fingerprints.
„With this partnership with Fingerprints, the world leader in biometrics, we are expanding our offering to provide issuers with an even wider range of solutions to meet the most complex requirements of card issuers,” says Jean-Baptiste Leos, Product Director for SPS Banking Products at IN Groupe.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: