“The agreement is another important step towards building a strong network with leading players in the smart card ecosystem to commercialize biometric dual interface technology in the banking sector and beyond,” said Alain Faburel, NEXT Biometrics Chief Sales and Marketing Officer.
Independent research estimates that EMV [1] payment card shipments reached almost 3 billion units at the end of 2018, of which Asia Pacific again took the major share. Furthermore, Asia Pacific is expected to maintain a leading growth position in the adoption of EMV payment card technology over the coming years.
[1] EMV is a global standard aimed at facilitating worldwide interoperability and acceptance of secure payment transactions. EMV stands for Europay, Mastercard and Visa – the three companies which created the standard.
About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the smart card, government ID, access control and notebook markets. The company’s patented NEXT Active Thermal™ principle allows the development of large, high quality fingerprint sensors in both rigid and flexible formats. NEXT Biometrics Group ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and development operations in Seattle, Silicon Valley, Taipei, Prague, Bengaluru and Shanghai.
NEXT Media contact:
Tanja Moehler, tanja.moehler@nextbiometrics.com
NEXT Investor contact:
Knut Stålen (CFO), knut.stalen@nextbiometrics.com