NewswireToday - /newswire/ -
Gothenburg, Sweden, 2021/07/14 - World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) has secured an additional volume order for approximately 250,000 units of T-Shape® sensor modules from one of the world’s top three card manufacturers - Fingerprints.com. Nasdaq Stockholm (FING B)
The first commercial launches of biometric payment cards are ongoing, all of them integrating Fingerprints’ technology, and this new order indicates that the market roll-out will continue and accelerate.
The pandemic has led to a sharp increase in consumers’ use of contactless payments. Biometric payment cards are emerging as the next innovation in this area, enabling a ‘touch-free’ and seamless payment experience, regardless of the amount.
“Fingerprint sensors for biometric payment cards represent a very large potential market for biometrics, and this order manifests our leading position within this growing market and the strength of Fingerprints’ solution. Together with our partners, we are enabling banks to remove the payment cap and bring consumers the trust and experience needed for contactless payments”, says Michel Roig, SVP Business Line Payments & Access at Fingerprints.
For further information, please contact: Michel Roig, Senior VP BL Payments & Access
Investor Relations: P: +46(0)10-172 00 10 - E: investrel[.]fingerprints.com.
Fingerprint Cards AB (Fingerprints) the world’s leading biometrics company, with its roots in Sweden. We believe in a secure and seamless universe, where you are the key to everything. Our solutions are found in hundreds of millions of devices and applications, and are used billions of times every day, providing safe and convenient identification and authentication with a human touch.