Press Releases
 
Gemalto Launches the First Biometric EMV Card for Contactless Payments

AMSTERDAM, 4 January 2018 -- (ACN Newswire) -- Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by Bank of Cyprus to supply the world's first EMV biometric dual interface payment card for both chip and contactless payments. Using fingerprint recognition instead of a PIN code to authenticate the cardholder, the card is compatible with existing payment terminals already installed in the country. When customers place their fingerprint on the sensor, a comparison is performed between the scanned fingerprint and the reference biometric data securely stored in the card. The biometric sensor card is powered by the payment terminal and does not require an embedded battery; this means there is no limit from battery life nor on the number of transactions.

A biometric solution and enrolment process designed to ensure optimal user privacy

Gemalto's biometric sensor payment card is based on the principle that biometric data should always remain in the hands of end users. Bank of Cyprus' customers will complete the swift enrolment process at the bank's branches, using Gemalto's tablet designed for the solution. The biometric personalization and card activation process is designed to avoid transmission of biometric data over the air to ensure that users' data privacy is protected. The fingerprint template captured during the enrolment process is stored only on the card.

"Bank of Cyprus customers will be first in the world to enjoy biometric convenience on a contactless payment card. Gemalto's biometric sensor payment card is designed to provide maximum security and data privacy," said Bertrand Knopf, Gemalto's executive vice president Banking and Payment. "Using biometrics for contactless payments is a natural move as it fits in naturally with the gesture used to pay. It allows a better user experience, enabling higher transaction amounts without entering a PIN while benefiting from the convenience of contactless."

"In order to bring seamless authentication to the banking sector, Gemalto has leveraged its extensive expertise from secure government documents and leadership in biometric applications", said Stelios Trachonitis, Card Centre Manager from BOC. "Our customers will benefit from this innovative payment solution with the peace of mind that their biometric data never leaves their hands."

About Gemalto

Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2016 annual revenues of EUR 3.1 billion and customers in over 180 countries. We bring trust to an increasingly connected world.

From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.

Gemalto's solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software - enabling our clients to deliver secure digital services for billions of individuals and things.

Our 15,000+ employees operate out of 112 offices, 43 personalization and data centers, and 30 research and software development centers located in 48 countries.

For more information visit http://www.gemalto.com, or follow @gemalto on Twitter.

Gemalto media contacts:
Tauri Cox
North America
+1 512 257 3916


Sophie Dombres
Europe Middle East & Africa
+33 4 42 55 36 57 38


Jaslin Huang
Asia Pacific
+65 6317 3005


Enriqueta Sedano
Latin America
+52 5521221422


Press release (PDF): http://hugin.info/159293/R/2159018/829997.pdf
Picture: http://hugin.info/159293/R/2159018/829998.jpg

# # #


Submitted by ACN Newswire, ACN Newswire on Thursday, 4 January 2018 at 2:20 PM
Category: Enterprise Technology
 
Related News

Global Intelligent Network Market: Application, Opportunity and Forecast 2017-2025
Thursday, 16 Aug 2018

What Makes The Truth Spy So Impressive?
Thursday, 16 Aug 2018

Global Wireless Network Systems Industry Market: Major Player Revenue and Forecast To 2018-2023
Thursday, 16 Aug 2018

Host Jewel Introduces Virtual Private Server Hosting & Hybrid Dedicated Servers In Calgary
Wednesday, 15 Aug 2018

Krypton Capital Signs Agreement with AnApp
Wednesday, 15 Aug 2018

Related Events

Palo Alto Networks: Virtual Ultimate Test Drive - Advanced Endpoint Protection - Aug 21, 2018
Tuesday, 21 Aug 2018

#4 hubraum 5G Meetup : Future Mobility
Thursday, 23 Aug 2018

Palo Alto Networks: Virtual Ultimate Test Drive - Migration Process - Aug 24, 2018
Friday, 24 Aug 2018

Concealed Carry Permit Class at Cabela's (UT and AZ Permits)- Hoffman Estates
Saturday, 8 Sep 2018

International Conference on International Stability, Technology and Culture
Thursday, 13 Sep 2018

Latest News

Lakefront Property Maine Main Considerations
Friday, 17 Aug 2018

The Positive aspects of Receiving a Deep Tissue Massage
Friday, 17 Aug 2018

Top of the line roof cleaning in Naples
Friday, 17 Aug 2018

Surgical Loupes and Cameras Market to Expand with Significant CAGR During 2026
Thursday, 16 Aug 2018

Raphaël Grandjean
Thursday, 16 Aug 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Friday, 17 August 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Rheumatology Board Review CME Conference - San Francisco 2018
  • FIBO CHINA 2018
  • The Quest for Spirituality in Modern Art
  • Singapore Night Festival 2018
  • 15th Annual Oncology Update CME Coverage of the 2018 ASCO Annual Meeting

  • Latest Jobs
    Sorry, there are currently no entries posted here.