NXP Semiconductors has turned to fingerprint software company Precise Biometrics for the development of its contactless biometric smart cards.

Under the collaboration, Precise Biometrics software for fingerprint authentication will be embedded into NXP’s fingerprint-on-card solution.

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NXP is developing its new contactless solution to allow payment network operators and banks to provide a convenient, fast and secure payment option for their consumers.

The solution is intended to be beneficial for both merchants and consumers.

Precise Biometrics chairman of Board of Directors, Torgny Hellström said: “We are pleased to collaborate with NXP on biometric smart cards, which strengthens our position as a leader in fingerprint software for smart cards.

“We see contactless payments growing rapidly, and our combined solution significantly improves convenience for consumers while increasing the security of payments.”

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Precise Biometrics expects the alliance to deliver licence and support revenues in the second quarter of this year, along with future royalty revenues.

NXP Semiconductors general manager of Secure Payment and Identification, Sebastien Clamagirand said: “With the integration of Precise Biometrics´ fingerprint authentication software in our fingerprint on card solution, and with the storage and matching of the fingerprint templates in the Secure element, NXP will deliver the most secure and best user experience solution for contactless biometric card.”