EMVCo, Payment Association EU weigh in on biometric payment card challenges

The year 2023 may be the year that biometric payment cards roll out at scale, according to some industry players. However, challenges remain for the technology, say representatives from institutions working in the field, including industry organization Payments Association EU and standard-setting organization EMVCo.

Biometric payment cards, which have a fingerprint sensor that allows users to authorize transactions with the tap of their finger, have been around for a long time, but the technology has been limited in volume, …

biometric biometric cards biometric payments biometrics news card challenges emvco financial services fingerprint recognition idex biometrics industry institutions may organization payment payment card payment cards payments payments association eu scale standard standards technology working