Norwegian biometric technology firm Zwipe has teamed up with Brazilian card manufacturer Thomas Greg & Sons do Brasil (TGS) to launch biometric payment cards.

Under the arrangement, TGS will use Zwipe’s technology platform to commercially launch its biometric payment card and related platforms.

TGS payment card platform and Zwipe’s technology integrate together to develop the card.

The companies’ first joint offering is expected to be released this year. The partners also acknowledged that they are in talks with multiple Brazilian banks to test the solution.

TGS president Hernani Finazzi said: “We are excited to partner with Zwipe and leverage their industry leading expertise and intellectual property to be a first mover in Brasil with a product we believe has a strong value proposition to our customers, some of the region’s most established and fasted growing issuers.”

Zwipe CEO André Løvestam said: “We are proud to partner with a leading and innovative first mover like TGS and looking forward to collaborating on new opportunities in Latin America and beyond.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Last week, Zwipe joined forces with TAG Systems Group to launch a commercial biometric payment card offering.

Zwipe selected Fingerprint’s T-shaped sensor for the latest version of its biometric payment card in March this year.

TGS provides technology solutions, prints security documents and identification services in Brazil. It produced 55 million cards in 2018.