With Biometric Tech in Development, Panini Joins FIDO Alliance

Italy-based payments technology provider Panini has joined the FIDO Alliance, and is working on adding biometric technology to its product portfolio, the company has revealed.

The company currently offers a number of different payments-facilitating solutions, including multiple check scanners, a PIN pad solution, a document capture solution, and a teller keyboard with a built-in card reader. But in its new announcement, Panini revealed that its Innovation team is currently testing a “patent-pending biometric authentication system”.

Panini did not offer further details about the system, such as its particular biometric modality or modalities; but it did indicate that the solution is being developed with an eye to “aligning with standards for FIDO compliance.”

That, of course, is particularly important to Panini as FIDO’s latest member. FIDO, of course, is the ever-expanding cross-industry consortium dedicated to developing and promoting strong standards for authentication, and has frequently been a champion of biometric technology as a particularly strong approach to post-password authentication.

“We are thrilled to join this coalition and support FIDO’s industry goal to make user authentication easier and safer for all parties,” said Panini R&D Director Pierpaolo Bubbio. “We’re confident Panini has a lot to offer as we continue developing state-of-the-art authentication technology via our intensive innovation program.”

Panini’s announcement comes just a few months after its appointment of Jean-Philippe Ruault as its new Chief Technology and Strategy Officer. At the time, the company’s CEO, Richard Kane, indicated that Ruault would be focused on Panini’s “identity verification and customer authentication solutions roadmap,” with this week’s news suggesting that Ruault has enthusiastically embraced the role in the ensuing months.

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June 15, 2021 – by Alex Perala