Smartphone-Based Enrollment for Biometric Cards

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Smartphone-Based Enrollment for Biometric Cards

Payment cards with embedded sensors that secure transactions using the cardholder’s fingerprint were first available commercially in 2017. While the cost of those cards keeps them from being a mass-market product, they can be a successful niche product for high-net-worth individuals and tech-savvy consumers. Both of those groups have demonstrated a willingness to pay fees to cover the cost of the card. Even among these groups, the task of adding the cardholder’s fingerprint to the card has been a source of friction. Enrollment handled at a bank branch using a trained staff member using ...

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Nilson Report

1279

February 2025

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Smartphone-Based Enrollment for Biometric Cards

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