Next-Gen Biometric Payment Cards Launched by Fingerprints and Valid

Fingerprint Cards, a leading global provider of biometric systems, has partnered with Valid, a key technology integrator, to introduce next-generation biometric payment cards in Brazil, as highlighted in Fintech Global News. This collaboration aims to address the increasing security concerns of Brazilian consumers using contactless payments by integrating Fingerprints’ advanced biometric technology into the payment cards, enhancing both security and convenience for users.

Fingerprints, known for its biometric technology incorporated into various security products, has developed a second-generation T-Shape® sensor module and software platform. These innovations are pivotal in boosting the security features of the new biometric payment cards. Valid will handle the manufacturing of these cards.

The launch of these biometric payment cards is set to take place at the Febraban Tech event in Sao Paulo, June 2024.

Adam Philpott, CEO of Fingerprints, remarked, “Brazil and the wider Latin America region is increasingly being recognized as a hub for payment innovation. I’m very pleased that Fingerprints can support Valid in adding this biometric payment card to its product portfolio. The card’s high level of security will help reduce fraud while enhancing the user experience, thereby aiding banks in customer acquisition. We anticipate that several banks in the region will soon adopt biometric payment technology.”