Fingerprint Bets Big on Smartcards in Bid for Change of Fortunes
- Biometrics sensor maker wants to end reliance on mobile phones
- Switch to smartcards may not live up to hopes: Alfred Berg
Source: Fingerprint Cards AB
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Fingerprint Cards AB is predicting a big moment for payment smartcards carrying its biometric sensors as the Swedish company seeks to engineer a turnaround in its fortunes.
Fingerprint expects commercial use of the cards to start next year following successful trials by 20 banks, including Credit Agricole SA, and after Mastercard Inc. certified related biometric technology developed by a partner in July. Worldwide production of the cards for banking and access control is set to double, offering “enormous potential,” said Fingerprint Chief Executive Officer Christian Fredrikson.