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The first biometric payment card arrives in the United Arab Emirates thanks to the association of FAB and MAF
BiometricsThe UAE’s main bank, FAB, (First Abu Dhabi Bank), joins the national retail chain, MAF, (Majid Al Futtaim), to launch the country’s first-ever biometric payment card with the state-of-the-art IDEMIA technology for maximum security during transactions.
The prominent fingerprint
Authentication via fingerprint has become ubiquitous in our lives: to unlock our smartphones or even check access to places under control. A report shows that 81% of consumers, from all over the world, agree to the use of their fingerprint during their transactions at points of sale. Also, the FAB bank and the MAF brand have decided to make improvements to the card payment experience through the launch of the very first biometric and contactless payment card in the country.
Cutting-edge technology from IDEMIA is on the rise
Due to IDEMIA’s F.CODE technology, the world’s first payment card using biometrics, users of this new payment method have the opportunity to authorize payments using the fingerprint sensor that is incorporated into their card. In order to guarantee confidentiality, these biometric data are stored securely in the chip and are inseparable from the card.
Fraud reduced to its bare minimum
The authentication of payments, thanks to fingerprints, makes it possible to eliminate almost all cases of fraud. In addition, the cardholder sees his points of contact decrease. This biometric card is 100% compliant with the EMV standard. As a result, customers will now be able to carry out contactless (or with) transactions in a secure and totally safe way, by simply holding their thumb on the sensor of their card during payment.
IDEMIA passes 15 million mark for TSA PreCheck enrollments processed
Biometrics, CompanyThe French company, which specializes in new digital security and biometrics technologies, has reached a record figure by enrolling more than 15 million American travelers in its TSA PreCheck program.
What is the TSA?
The TSA (Transportation Security Administration) is an American government agency created after the attacks of September 11, 2001, whose main mission is to ensure the safety of travelers on national territory.
A mission made possible in part thanks to IDEMIA, the main supplier of biometric sensors in more than 180 countries.
Fast and secure access for travelers
With the TSA Precheck program, millions of travelers can move faster, without wasting time in boarding areas, by accessing expedited security lanes at US airport checkpoints.
To do this, the traveler must first take steps to integrate the program via an application center where he must provide his fingerprints, a valid identity document, documents attesting to his American citizenship and the 85 $ registration fee.
A negligible cost compared to the time saved to go through security checkpoints at airports, not to mention the exemption from inconveniences such as having to remove your shoes or belt at the checkpoint.
A growing number of members
If the TSA PreCheck system is intended to streamline queues at airports, it was originally reserved for only a handful of travelers.
The program has continued to expand, so that today, any American citizen is potentially eligible for “this list of trusted travelers”, as long as he does not have a mention on his criminal record. .
A list which could grow further in the years to come by allowing certain foreign travelers, such as business travelers, to become eligible in turn.
Encouraging prospects for IDEMIA, which could see its number of people enrolled in the program continue to grow well beyond the milestone reached today.
We have lost count of the awards received by IDEMIA…
BiometricsOn October 11, 2022, Juniper Research recognized the most innovative players in the digital world. Fintech, cybersecurity, the fight against fraud… For several months, the firm has scoured the digital ecosystem to find solutions that combine performance and avant-garde.
And on this occasion, IDEMIA was awarded not once but twice.
Leader in biometrics, the French company received a Gold Award for Token Platform and a Platinum Award for its Greenpay wallet. At the same time, in view of the breathtaking benefits of these products, it is not really surprising.
The Token Platform: a secure payment solution
The Token Platform was created for one purpose: to digitize payments.
In order to provide payment networks and card issuers with suitable solutions, this product performs a series of complex operations in seconds. On instructions from the operator, the Token Platform performs tokenization, untokenization and issues payment tokens.
Approved by the EMVCo, the Token Platform is already used by hundreds of providers worldwide. Your regular transactions may even pass through this portal without you knowing it…
Greenpay: an eco-responsible payment offer
Because the digitization of banking services is not bound to alter the ecosystem, IDEMIA has set up Greenpay.
This eco-responsible payment card aims to reduce the emission of plastic waste. How ? By being made from recycled PVC plastic from industrial printing and packaging waste.
And that’s not all…
In addition to having an ecological production chain, Greenpay requires its supplier to respect certain commitments. This is how the latter obtained the mention “Environmental declaration validation summary” from UL Environnement.
More recently, Greenpay cards have been awarded Mastercard’s “sustainable card” certification. Recently, the latter received the “Ecolabel standard” certification from ICMA.
IDEMIA, world leader in identity technologies, celebrated its 5th anniversary
CompanyIDEMIA, the French leader in identity technologies, was born from the union of two groups in 2017. The company has just celebrated five years of leadership in its field and employs more than 15,000 people around the world, including 3,000 engineers.
A return of experience of more than 60 years
Resulting from the merger of two powers, IDEMIA has an extremely rich technological heritage, including more than 1,500 patent families, and continues to invest in Research and Development each year (to the tune of more than one billion euros in five year). This desire to invest and innovate, combined with a close relationship with customers, industrial partners and universities, allows the group to maintain its position as an international leader.
Faire vivre aux consommateurs des quatre coins du monde des expériences digitales uniques et sécurisées est la mission que s’est fixé le groupe. Son expertise multiple et unique lui permet d’atteindre cet objectif.
Five areas of expertise for five corporate values
The company combines five centers of cutting-edge expertise which are biometrics, cryptography, systems, data analysis and innovative devices. It produces large-scale solutions of strategic importance in each of these areas. Its high-tech products facilitate and secure billions of everyday transactions: payments, access or identity controls, etc.
Curiosity, reliability, attention, daring and solidarity are the five fundamental values put forward by the group’s employees. These commitments have led more than 2,300 customers to trust IDEMIA for their digital solution, including around 600 government, federal or state organizations.
To respond to the issues of tomorrow, the challenge in which the company is engaged today is to guarantee that our identity remains our sole property in a 100% secure digital world.
For more information on the group’s products, particularly in the field of biometrics, contact us.
MorphoManager, everything you need to know about this access control and time management software
SoftwareBiometrics is currently revolutionizing our society and we are at the forefront of this innovation.
This recent technology has developed with the explosion of computing and its progressive diffusion in society. It is quite a sensitive technology, as it aims to identify with certainty a person from their physical characteristics. The example that certainly comes to mind is facial recognition to access protected sites.
The cinema has echoed this technology by popularizing it widely among the population…
France at the forefront of biometric technology
Biometrics is not just cinema. Our company, Biotime Technology, is developing strongly by also marketing software solutions using biometric data within companies or administrations. The French company IDEMIA develops these software solutions that we market.
MorphoManager, a real innovation at the service of our customers
A solution that we market is called MorphoManager. This is software running under Windows which centralizes in a single computer station all the data coming from a set of biometric readers. It can be a specific geographical area or several sites of a company or an administration. MorphoManager can thus potentially manage the biometric data of 100,000 people, which is considerable.
Technology using fingerprint recognition
Fingerprints are deemed to be unique and tamper-proof for each individual. The probability that 2 people have the same fingerprints is thus almost zero. A recognition system that instantly identifies fingerprints provides your organization with fluidity and secure access to your sensitive installations or sites with a large number of employees.
To find out more about, write to us using the contact form.