FindBiometrics: Mastercard in Talks with UK Banks Over Biometric Cards
10 July 2018
Mastercard is now in talks with banks in the UK over the launch of its biometric payment cards in the country, according to a CNBC report.
The negotiations are not unexpected. Mastercard has been working with major players in the biometrics and smart cards industries to develop this technology for some time now, and one of its partners, IDEX, was proclaiming the success of its first European trial of biometric credit cards as early as last August. And last week, Mastercard issued a statement highlighting its biometric payment card’s compliance with PSD2, a payments regulation applying to the European Union.