Fingerprints' sensor empowers Infineon's SECORA Pay Bio solution to enhance convenience and trust of contactless biometric payments [Yahoo! Finance]
INFINEON TECHS AG S/ADR (IFNNY)
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Source: Yahoo! Finance
The solution integrates Infineon's enhanced SLC39B system-on-chip (SoC) Secure Element and Fingerprints™ FPC1323 sensor into the Infineon Biometric Coil on Module (BCoM) package, leveraging the key advantages of inductive coupling technology. This will lead to a much simpler biometric payment card manufacturing process. The solution uses the fingerprint credentials securely stored on the card as a second authentication factor, enabling a convenient and trusted contactless payment experience. “With this all-in-one solution for biometric payment cards, we are pushing the boundaries of payment cards further,” said Tolgahan Yildiz, Head of the Trusted Mobile Connectivity and Transactions Product Line at Infineon. “SECORA Pay Bio enables easy-to-implement and scalable production of robust and reliable biometric payment cards with high throughput and a smooth consumer experience.” “We are very happy that the SECORA™ Pay Bio now is compliant with two of the world's biggest schemes. As w
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- 9/10/24 - New Street Research