Norway-based Zwipe and Sweden-based Fingerprint Cards have inked a strategic partnership.
The companies will take a leading role in developing the market around biometric smartcards in the payment industry and carry out joint activities and industry thought leadership.
Zwipe has developed and introduced the World’s first biometric system that fits into a standard credit card form factor. With its unique energy-harvesting technology, the contactless payment card operates without a battery, by simply taking the energy it needs from the payment terminal over Near Field Communication (NFC) technology. By use of the low-energy consuming and high performing sensor from Fingerprint Cards the solution has proven its capabilities in pilots and tests performed by banks and leading actors in the payment industry.
Already present in the fast growing access control market with its Zwipe Access product, Zwipe has completed several pilots in the payment vertical.
This strategic partnership between Zwipe and FPC will include joint marketing activities around events and launches of smartcard related products.
Zwipe and FPC will also highlight each other’s technologies and benefits in strategic customer projects, further enabling both companies to jointly drive their efforts and investments to deliver value.
Fingerprint Cards AB (FPC) is a high tech and listed company which develops, produces and markets biometric technology that through the analysis and matching of an individual’s unique fingerprint verify the person’s identity. A secure and convenient user experience is thus made possible, beyond keys and pins. The FPC technology offers world class advantages and include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and in combination with low production costs the technology may be implemented in large volume products as smartphones, tablets and biometric cards where these demands are extremely high. FPC’s technology have user cases from a number of applications.
Starting in 2009, Zwipe challenged the status quo of identity verification by replacing PINs and passwords with fingerprint authentication. After developing the leanest, fastest and most power efficient fingerprint algorithm in the world, Zwipe continued disrupting the industry through its patented energy harvesting technology. No longer dependent on batteries, Zwipe fingerprint readers harvest the energy needed from already existing access, transport, border control and financial infrastructures. With its already strong portfolio of patent applications, Zwipe continues to develop and refine its innovative technology.
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