HomeNewsIndia NewsSTMicroelectronics and Fingerprint Cards Cooperate to Develop and Launch an Advanced Biometric...

    STMicroelectronics and Fingerprint Cards Cooperate to Develop and Launch an Advanced Biometric Payment Card Solution

    STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has teamed with world-leading biometric company Fingerprint Cards AB (Fingerprints) to develop an advanced Biometric System-on-Card (BSoC) solution based on fingerprint-recognition technology, addressing the market demand to enhance contactless payment-card security and convenience.

    The BSoC integration combines ST’s latest-generation secure-payment technology based on the ST31/STPay chipset and STM32 general-purpose microcontrollers with Fingerprints’ next-generation T-shape sensor module to provide a turnkey battery-less secure solution for the banking market.

    Cost-effective and user-friendly biometric authentication will significantly increase the security level and user convenience of banking transactions. It may let banks raise or remove the maximum allowable transaction value for contactless payments,” said Laurent Degauque, Marketing Director, Secure Microcontrollers, STMicroelectronics. “Fingerprint Cards brings valuable and market-proven expertise in solutions for battery-less and space-constrained devices. Their products combining powerful processing and low energy consumption are ideal companions to our STPay solutions for payment cards.”

    The contactless payment card will be the first target under the agreement, with the intention to extend to other markets such as identification, health, access, and transportation cards.

    Michel Roig, SVP for Payments and Access BL at Fingerprint Cards, added, “This is a powerful collaboration to create innovative and optimized solutions that not only make it easier for card makers to integrate biometrics in their portfolio, but also bring the total cost down. In the end, strengthening the security for contactless payments will offer consumers a worry-less payment experience.”

    Running on ST’s flexible Java Card™ / Global Platform® Operating Systems (OS), ST’s STPay secure-payment products ensure support for multiple international and regional payment schemes, with proven security features built-in. STPay solutions benefit from EMVCo and CC EAL 6+ hardware certifications, software certifications up to OS and application level, and ST’s secure pre-personalization services that create an inherently trusted supply chain.

    For more information, visit www.fingerprints.com

    ELE Times Bureau
    ELE Times Bureauhttps://www.eletimes.ai/
    ELE Times provides a comprehensive global coverage of Electronics, Technology and the Market. In addition to providing in depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build awareness, drive traffic, communicate your offerings to right audience, generate leads and sell your products better.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Related News

    Must Read

    Building Reliable 5G and 6G Networks Through Mobile Network Testing

    The development of communication networks has entered a revolutionary...

    Beyond the Screen: envisioning a giant leap forward for smartphones from physical objects to immersive experiences

    Author: STMicroelectronics Smartphones have become some of the most ubiquitous...

    Microchip’s SkyWire Tech Enables Nanosecond-Level Clock Sync Across Locations

    To protect critical infrastructure systems, SkyWire technology enables highly...

    Next Generation Hybrid Systems Transforming Vehicles

    The global automotive industry is undergoing a fundamental transformation...

    Tobii and STMicroelectronics enter mass production of breakthrough interior sensing technology

    Tobii and STMicroelectronics announced the beginning of mass production...

    Rohde & Schwarz unveils compact MXO 3 oscilloscopes with 4 and 8 channels

    Rohde & Schwarz expands its next-generation MXO oscilloscope portfolio...

    TI’s new power-management solutions enable scalable AI infrastructures

    Texas Instruments (TI) debuted new design resources and power-management...

    ESA awards Rohde & Schwarz for contributions to 30 years European Satellite Navigation

    The event brought together institutional and industrial partners, ESA...