Rocker Partners With IDEMIA to Offer First Biometric Card in Sweden

https://thefintechtimes.com/rocker-partners-with-idemia-to-offer-first-biometric-card-in-sweden/
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IDEMIA, a tech company providing augmented
identity, has signed a deal with Rocker, a
blue-chip Swedish fintech and bank challenger, to enhance
contactless payment security. IDEMIA’s F.CODE biometric payment
cards will undergo a proof of concept with Rocker customers during
the first quarter of 2021.

Throughout the pandemic, world demand for contactless payment
solutions has been skyrocketing. The partnership will see Rocker
out their first ever-biometric card proof of concept in Northern
Europe, where payments with the card are fingerprint-checked in
store.

The F.CODE payment card adopts a user-friendly biometric
authentication
procedure making transactions quicker, more
hygienic and more secure as cardholders no longer need to enter a
PIN or sign, thereby reducing touch points in public places.

“We are proud to partner with Rocker and to shape the future
of payments, hand in hand with a fintech at the cutting edge of
innovation. We are delighted to ensure an innovative yet seamless
experience to Rocker’s customers’ thanks to the use of
biometrics”, said Amanda Gourbault, IDEMIA’s
Executive Vice-President Financial Institutions.

This IDEMIA-developed solution harnesses biometric technology
and ensures security by storing all biometric credentials only in
the chip on the card, rather than in a remote database. The
battery-free card that will be rolled out mid-2021 after the proof
of concept is powered by the payment terminal and is designed to be
user-friendly.

Jonas Hultin,
Chief Product Officer and one of Rocker’s three founders, said:
“As a bank challenger, we are constantly testing new technology
to develop smarter financial services that are easier to use and
that help our customers improve their everyday financial lives. We
are moving at a high pace to provide new and attractive innovations
to customers. Launching biometric F.CODE debit cards is part of our
strategy to offer smart and secure payment solutions across
platforms, whether you wish to pay with your mobile, a card or with
a transfer. In doing so, we are first in Sweden and one of the
first in the world to offer this payment technology for
consumers.”

The post
Rocker Partners With IDEMIA to Offer First Biometric Card in
Sweden
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https://thefintechtimes.com/rocker-partners-with-idemia-to-offer-first-biometric-card-in-sweden/