STMicroelectronics (NYSE: STM)<\/strong>, a global semiconductor leader serving customers across the spectrum of electronics applications, has teamed with world-leading biometric company Fingerprint Cards AB (Fingerprints) to develop an advanced Biometric System-on-Card (BSoC) solution based on fingerprint-recognition technology, addressing the market demand to enhance contactless payment-card security and convenience.<\/u><\/u><\/p>\nThe BSoC integration combines ST\u2019s latest-generation secure-payment technology based on the\u00a0ST31\/STPay chipset\u00a0and\u00a0STM32 general-purpose microcontrollers\u00a0with Fingerprints\u2019 next-generation T-shape sensor module to provide a turnkey battery-less secure solution for the banking market.<\/u><\/u><\/p>\n
Cost-effective and user-friendly biometric authentication will significantly increase the security level and user convenience of banking transactions. It may let banks raise or remove the maximum allowable transaction value for contactless payments<\/em>,\u201d said Laurent Degauque, Marketing Director, Secure Microcontrollers, STMicroelectronics. \u201cFingerprint Cards brings valuable and market-proven expertise in solutions for battery-less and space-constrained devices. Their products combining powerful processing and low energy consumption are ideal companions to our\u00a0<\/em>STPay solutions for payment cards<\/em>.\u201d<\/u><\/u><\/p>\nThe contactless payment card will be the first target under the agreement, with the intention to extend to other markets such as identification, health, access, and transportation cards.<\/u><\/u><\/p>\n
Michel Roig, SVP for Payments and Access BL at Fingerprint Cards, added, \u201cThis is a powerful collaboration to create innovative and optimized solutions that not only make it easier for card makers to integrate biometrics in their portfolio, but also bring the total cost down. In the end, strengthening the security for contactless payments will offer consumers a worry-less payment experience<\/em>.\u201d<\/u><\/u><\/p>\nRunning on ST\u2019s flexible Java Card™ \/ Global Platform\u00ae<\/sup>\u00a0Operating Systems (OS), ST\u2019s\u00a0STPay secure-payment products\u00a0ensure support for multiple international and regional payment schemes, with proven security features built-in. STPay solutions benefit from EMVCo and CC EAL 6+ hardware certifications, software certifications up to OS and application level, and ST\u2019s secure pre-personalization services that create an inherently trusted supply chain.<\/u><\/u><\/p>\nPlease visit\u00a0https:\/\/www.st.com\/banking-biometry\u00a0for further information on ST\u2019s electronic ID and payment products.
\nPlease visit\u00a0https:\/\/www.fingerprints.com\/solutions\/payments\/device-manufacturers\/\u00a0for more details on Fingerprints\u2019 solutions for payment-device manufacturers.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Co-development of Biometric System-on-Card (BSoC) platform to offer an efficient and competitive solution to card manufacturers for the banking market Advanced features to enhance consumer convenience and security Combines latest generation of STPay secure-payment technology with Fingerprints\u2019 biometric solution expertise\u00a0 July 15, 2020 : \u00a0STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the […]<\/p>\n","protected":false},"author":2,"featured_media":60424,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6234,6235],"yoast_head":"\n
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<\/a>July 15, 2020 : \u00a0<\/b>STMicroelectronics (NYSE: STM)<\/strong>, a global semiconductor leader serving customers across the spectrum of electronics applications, has teamed with world-leading biometric company Fingerprint Cards AB (Fingerprints) to develop an advanced Biometric System-on-Card (BSoC) solution based on fingerprint-recognition technology, addressing the market demand to enhance contactless payment-card security and convenience.<\/u><\/u><\/p>\n