FPC Sensor To Be Used In Payment Token Device

“FPC Embedded Business Line SVP Niklas Strid framed the collaboration as part of Fingerprint Cards’ larger effort to expand beyond the mobile biometrics market, where FPC has attained a leading position over the last few years…”

Fingerprint Cards technology is going to be used in a forthcoming authentication key device called JEM, the company has announced.

JEM is meant to store complex passwords and payment credentials and to plug them into a given website when needed, via a wireless connection to a paired laptop or computer. And, of course, it’s secured with biometrics. That’s where Fingerprint Cards comes in; the company has partnered with The Payments Foundry – the company behind JEM – to deliver the fingerprint scanning technology the device will use.

In a statement announcing the collaboration, The Payments Foundry CEO Madhu Nott praised FPC’s technology and approach, explaining that his firm “chose sensor technology from Fingerprints because of their category leading technology and performance, and also because of their partnership and commitment to realizing a product that met our high customer experience design requirements.”

FPC Embedded Business Line SVP Niklas Strid framed the collaboration as part of Fingerprint Cards’ larger effort to expand beyond the mobile biometrics market, where FPC has attained a leading position over the last few years, but has seen shrinking margins with increased competition. “We are now intensifying our efforts to broaden our distribution channels to reach new form factors and use cases within the biometrics market,” he said, “to enable security without comprising convenience and ease of use.”

The companies did not offer a timeline for JEM’s release, but a website for the device asserts that it is ‘coming soon’.

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February 26, 2018 – by Alex Perala