NEXT Biometrics partners with East-Asian card manufacturer to launch biometric smart card solutions
Biometric smart cards to launch in Asia. Source: shutterstock.com
Fingerprint sensor technology provider NEXT Biometrics announced that it has signed an agreement with another Asian smart card manufacturer, which holds certifications by local and international payment brands, to launch contact-based and dual interface biometric smart cards in the region.
The company says independent research estimates that EMV payment card shipments reached almost 3 billion units at the end of 2018, of which?Asia Pacific?again took the major share. Furthermore,?Asia Pacific?is expected to maintain a leading growth position in the adoption of EMV payment card technology over the coming years.
As we’ve reported earlier,?digital security company Gemalto supplies Intesa Sanpaolo, the leading banking group in Italy, with the first Mastercard?biometric contactless payment card.
SEE ALSO:?$1.6 trillion of mobile biometric payments to be made annually by 2023
Pay Space
Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.
