Zwipe and Silone CardTech have joined forces for a biometric card partnership.
Biometric technology is on the rise and passwords are becoming outdated. Moreover, many institutions want to drive forward the push to recognise a person through their fingerprints or iris scans.
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The two companies are working together on this biometric card partnership to eventually launch battery-less dual-interface biometric payment cards. The cards will be available through banks and with loyalty programmes in China.
Commenting on the partnership, CEO of Silone CardTech, William Ju said: “We thoroughly evaluated the various offerings in the market and Zwipes’ technology platform was the only offering genuinely capable of performing battery-less dual-interface biometric authentication within the rigours of the existing payment card ecosystem.
“This enables us to offer our customers, some of the largest banks and loyalty programmes in China, a cutting-edge solution that we are confident will be well received in the marketplace.”
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Silone CardTech specialises in manufacturing a range of card products, tokens, modules, inlays, key fobs and smart wristbands. The company has an established customer base predominantly in China and the Asia Pacific region.
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By GlobalDataFurthermore, it offers solutions for access control, government identification, ticketing, retail and banking. Silone stated that it has already received interest from customers for biometric payment cards.
Speaking on the biometric card partnership, CEO of Zwipe, André Løvestam, said: “We are happy to add Silone as a trusted manufacturer to our growing list of partners. Banks in the region and the world are demanding the convenience and security that our unique technology enables.”
Biometric technology has been hugely successful in mobile devices, and the technology is now starting to integrate into credit and debit cards.
Silone CardTech will be presenting their battery-less dual interface biometric payment card at Trustech in Cannes, France in November 2018.
