ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Jan 04, 2018 15:00 JST
Source:
Gemalto NV
Gemalto Launches the First Biometric EMV Card for Contactless Payments
- Biometric authentication replaces PIN code facilitating higher value contactless transactions
- Maximum privacy protection ensured by secure in-branch enrolment process and on-card storage of sensitive biometric information
- No battery life issues - the biometric sensor card is powered by the payment terminal
AMSTERDAM, Jan 04, 2018 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by Bank of Cyprus to supply the world's first EMV biometric dual interface payment card for both chip and contactless payments. Using fingerprint recognition instead of a PIN code to authenticate the cardholder, the card is compatible with existing payment terminals already installed in the country. When customers place their fingerprint on the sensor, a comparison is performed between the scanned fingerprint and the reference biometric data securely stored in the card. The biometric sensor card is powered by the payment terminal and does not require an embedded battery; this means there is no limit from battery life nor on the number of transactions.
A biometric solution and enrolment process designed to ensure optimal user privacy
Gemalto's biometric sensor payment card is based on the principle that biometric data should always remain in the hands of end users. Bank of Cyprus' customers will complete the swift enrolment process at the bank's branches, using Gemalto's tablet designed for the solution. The biometric personalization and card activation process is designed to avoid transmission of biometric data over the air to ensure that users' data privacy is protected. The fingerprint template captured during the enrolment process is stored only on the card.
"Bank of Cyprus customers will be first in the world to enjoy biometric convenience on a contactless payment card. Gemalto's biometric sensor payment card is designed to provide maximum security and data privacy," said Bertrand Knopf, Gemalto's executive vice president Banking and Payment. "Using biometrics for contactless payments is a natural move as it fits in naturally with the gesture used to pay. It allows a better user experience, enabling higher transaction amounts without entering a PIN while benefiting from the convenience of contactless."
"In order to bring seamless authentication to the banking sector, Gemalto has leveraged its extensive expertise from secure government documents and leadership in biometric applications", said Stelios Trachonitis, Card Centre Manager from BOC. "Our customers will benefit from this innovative payment solution with the peace of mind that their biometric data never leaves their hands."
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2016 annual revenues of EUR 3.1 billion and customers in over 180 countries. We bring trust to an increasingly connected world.
From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.
Gemalto's solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software - enabling our clients to deliver secure digital services for billions of individuals and things.
Our 15,000+ employees operate out of 112 offices, 43 personalization and data centers, and 30 research and software development centers located in 48 countries.
For more information visit www.gemalto.com, or follow @gemalto on Twitter.
Gemalto media contacts:
Tauri Cox
North America
+1 512 257 3916
tauri.cox@gemalto.com
Sophie Dombres
Europe Middle East & Africa
+33 4 42 55 36 57 38
sophie.dombres@gemalto.com
Jaslin Huang
Asia Pacific
+65 6317 3005
jaslin.huang@gemalto.com
Enriqueta Sedano
Latin America
+52 5521221422
enriqueta.sedano@gemalto.com
Press release (PDF):
http://hugin.info/159293/R/2159018/829997.pdf
Picture:
http://hugin.info/159293/R/2159018/829998.jpg
Source: Gemalto NV
Sectors: Cloud & Enterprise, CyberSecurity
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Fujitsu chosen for GENIAC project, starts development of large language models for logical reasoning
May 17, 2024 14:03 JST
NEC Leverages RISE with SAP and AI to Build Business AI in Move to the Cloud
May 17, 2024 11:19 JST
Honda and IBM sign Memorandum of Understanding to Explore Long-term Joint Research and Development of Semiconductor Chip and Software Technologies for Future Software-Defined Vehicles
May 15, 2024 14:30 JST
Eisai Initiates Rolling Biologics License Application to US FDA for LEQEMBI (lecanemab-irmb) for Subcutaneous Maintenance Dosing for the Treatment of Early Alzheimer's Disease Under the Fast Track Status
May 15, 2024 11:19 JST
SMEIC Proposes to Acquire Shanghai Prime: A Catalyst for Developing a New Dual-Wheel Driver Pattern
May 14, 2024 21:54 JST
DENSO and Certhon Introduce Artemy, A Fully Automated Cherry Truss Tomato Harvesting Robot
May 14, 2024 11:02 JST
Supercomputer Fugaku retains first place worldwide in HPCG and Graph500 rankings
May 13, 2024 18:32 JST
Eisai's Antiepileptic Drug Fycompa Approved in China for Adjunctive Treatment of Primary Generalized Tonic-Clonic Seizures
May 13, 2024 17:06 JST
Ogier and TOYOTA GAZOO Racing triumph again
May 13, 2024 14:36 JST
Spa points haul for TOYOTA GAZOO Racing
May 13, 2024 13:56 JST
DOCOMO to Launch NTT DOCOMO GLOBAL for Global Expansion
May 10, 2024 18:13 JST
Release of "Fugaku-LLM" - a large language model trained on the supercomputer "Fugaku"
May 10, 2024 12:20 JST
Paltalk, Inc. Reports Slight Increase in Revenue and 33% Reduction in Net Loss for First Quarter 2024
May 09, 2024 20:39 JST
Cordlife Accelerates Lab and Technical Staff Recruitment to Rebuild Foundation and Strengthen Core Processes in Singapore
May 09, 2024 19:00 JST
Honda Opens New R&D Facility in Bengaluru to Accelerate Electrification in India
May 09, 2024 14:13 JST
Fujitsu introduces "explainable AI" for use in genomic medicine and cancer treatment planning
May 09, 2024 10:41 JST
Mitsubishi Heavy Industries Increases Dividends on Back of Historically High FY2023 Results, Releases FY2024 Guidance
May 08, 2024 14:27 JST
Rome becomes the first European city to offer open loop transit payments to JCB Cardmembers
May 08, 2024 12:00 JST
NEC X Invests in Public Safety Startup Multitude Insights, Scaling AI-Powered Collaboration and Information Sharing for Law Enforcement
May 08, 2024 10:24 JST
ServiceNow and Fujitsu announce strategic commitment to launch innovative cross-industry solutions
May 08, 2024 08:52 JST
More Latest Release >>
Related Release
Gemalto and Ponemon Institute Study: Big gaps emerge between countries on attitudes towards data protection in the cloud
January 16 2018 14:00 JST
Thales and Gemalto Create a World Leader in Digital Security
December 17 2017 15:00 JST
Gemalto Research Reveals Hardware Technology Companies See 11% Increase in Earnings Following Shift to Software-based Revenue Models
December 14 2017 14:00 JST
Gemalto Rejects Unsolicited and Conditional Proposal by Atos
December 14 2017 04:00 JST
Gemalto in the process of reviewing the unsolicited and conditional proposal by Atos
December 12 2017 14:00 JST
Gemalto eSIM technology enables Always Connected experience for new Microsoft Surface Pro with LTE Advanced
December 07 2017 14:00 JST
Gemalto Gives Google Cloud Platform Customers Flexible Encryption and Key Management Capabilities
December 04 2017 14:00 JST
Majority of consumers would stop doing business with companies following a data breach, finds Gemalto
November 28 2017 14:00 JST
Huawei and Gemalto team up to accelerate NarrowBand IoT deployments
November 14 2017 14:00 JST
Gemalto launches world's first "all-in-one" IoT module delivering global LTE connectivity
November 09 2017 14:00 JST
More Press release >>