Finance Derivative: From Card Issuers to Retailers: How Biometric Smart Cards Benefit the Entire Payments Ecosystem
With the roll-out of biometric fingerprint authentication smart cards, consumers will soon be able to make payments feeling more confident about the heightened security their new cards will offer. However, it’s not just consumers that stand to benefit from this advanced technology. Biometric payment cards will impact the entire ecosystem – from payment networks, smart card and secure Integrated Circuit (IC) vendors, through to biometric sensor manufacturers, retailers and merchants. David Orme, Senior Vice President at IDEX Biometrics ASA explains.
