Fingerprints and Flywallet creating wearable biometric payment & access products and solutions for Europe

Fingerprints and Flywallet creating wearable biometric payment & access products and solutions for Europe

Fingerprint Cards AB

Fingerprint Cards AB

Entire world-primary biometrics firm Fingerprint Cards AB (Fingerprints™) and Flywallet, a biometric wearables technologies startup, are collaborating to establish and start biometric wearable merchandise for the European market.

Flywallet has built a array of purchaser items that guidance payments, mobility, access and health and fitness use scenarios in a solitary ecosystem. Among other makes use of, its merchandise permit secure payments, ticketing and loyalty products and services password-free of charge login to on-line companies and developing and auto entry handle.

The wearable solutions from Flywallet will now characteristic Fingerprints’ biometric sensors, program and algorithm benefitting from their extremely-lower-power consumption, primary general performance, and the company’s several years of knowledge in secure biometrics innovation. Fingerprints’ sensors are built to be multifunctional to empower utilization across a range of diverse variety factors to increase the stability, privateness and user knowledge.

Roger Carrico, Vice President, Head of Sales & Company Advancement, Payment & Entry at Fingerprints, commented: “Collaborating with Flywallet will speed up expansion of the biometric wearables market in Europe and strengthen customer entry to new biometric merchandise that enhance usefulness and trust. For Fingerprints, this partnership is additional proof that our sensors can easily be integrated with other hardware products to guidance the enhancement of secure and innovative biometrics items.”

Lorenzo Frollini, Founder, CEO & CTO at Flywallet, reported: “We are pleased to have recognized a potent partnership with Fingerprints, where by we can share an impressive eyesight on biometric wearables. With each other, we are enabling very simple and protected biometric technologies that persons can use to enrich their day to day life. In an ever-advancing and hyperconnected world, we think corporations that appear alongside one another will thrive in supplying a smooth and protected consumer working experience to accessibility digital services. Our partnership with Fingerprints follows our goal and direction of developing a cyber risk-evidence interface to link bodily and digital identities, based on the simplicity of biometrics.”

Demand from customers for wearable devices is expected to continue on growing. Most wearables, nonetheless, do not have adequate security steps required for pursuits such as creating a payment or unlocking a motor vehicle or front door.

By combining biometric authentication with wearable engineering, Flywallet ensures only the proprietor of the unit can use it. This allows new choices for wearable technological know-how in verticals these kinds of as payments and access – key concentrate spots for Fingerprints, which has dedicated organization divisions for improving upon the protection, safety and usefulness of payments and obtain by means of biometric technological innovation.

Flywallet and Fingerprints will take part at Cellular Planet Congress (MWC) 2023 in Barcelona, Spain from 27 February via 2 of March, the place they will showcase the evidence-of-idea wearable product or service.

For more data about Fingerprints’ payments methods, check out the site.

For further more details, you should contact:
Michel Roig, President Payment & Obtain

Trader Relations:
+46()10-172 00 10, [email protected]

Push:
+46()10-172 00 20, [email protected]

About Fingerprints
Fingerprint Cards AB (Fingerprints) – the world’s main biometrics corporation, with its roots in Sweden. We consider in a safe and seamless universe, where by you are the important to all the things. Our alternatives are found in hundreds of millions of devices and apps, and are utilized billions of occasions just about every day, supplying harmless and hassle-free identification and authentication with a human contact. For additional details check out our web page, browse our site, and adhere to us on Twitter. Fingerprints is outlined on Nasdaq Stockholm (FING B).

About Flywallet
Flywallet platform connects Payment, Coverage, Health, Mobility & Entry services in a person ecosystem thanks to a new technology of wearables – Keyble – outfitted with biometric sensors for secure person authentication and constant vital signals checking with medical grade. Thanks to Keyble and Keyble Mini, the user can empower contactless payments, passwordless logins, entry to physical and electronic places and wellness monitoring only with their fingerprint and heartprint. Furthermore, the distinctive integration of user’s life style and health and fitness details lets Flywallet organization companions to give their clients and workers new value-included services and a better user expertise, making new revenue and streamlining operations, or conducting professional medical investigate.

 

Attachment