Fingerprints and Valid launch biometric payment card in Brazil
James Thorpe
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Fingerprints and Valid have partnered to develop a biometric payment card for the Brazilian market.
The card – which features Fingerprints’ f’ second-generation T-Shape (T2) sensor module and software platform – is expected to offer new levels of contactless security, convenience and hygiene.
Unveiled at Sao Paulo’s Febraban Tech event in June 2024, by utilising Fingerprints’ technology, the cards are compliant with Mastercard’s latest Fingerprint Sensor Evaluation Process.
“A hub for payment innovation”
“Brazil and the wider Latin America region is increasingly being recognised as a hub for payment innovation,” commented Adam Philpott, CEO, Fingerprints.
“I’m very pleased that Fingerprints can support Valid in adding this biometric payment card to its product portfolio,” Philpott continued.
“The card’s high level of security will help reduce fraud while enhancing the user experience, thereby aiding banks in customer acquisition.
“We anticipate that several banks in the region will soon adopt biometric payment technology.”
