Oberthur Technologies and AuthenTec have
collaborated to provide a device that makes NFC mobile payments
faster and more secure.
The companies will combine their expertise in
SIM/UICC security and fingerprint identity to create
easy-to-integrate solutions that enhance the speed and security of
mobile payment transactions.
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The device comes after Oberthur and AuthenTec
worked with Inside Secure, a provider of NFC technology, to
implement control of NFC functions using the fingerprint/FlyBuy –
the SIM-centric solution offering mobile network operators the
capability to host, manage and control contactless services.
The process works by swiping a finger over
AuthenTec’s smart sensor on a fingerprint-enabled smartphone. Users
will then be able to access a credit or debit card of their choice
by associating different payment methods with different
fingers.
They will then be able to choose a payment
method, authenticate and activate the desired payment card and then
complete the NFC transaction.
Larry Ciaccia, CEO of AuthenTec, said:
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By GlobalData“The device paves the way for match-on-SIM
solutions for smartphones that give greater confidence in the
security and protection of NFC mobile payments/applications”.
