German digital bank Fidor Bank has entered into a partnership with Zwipe to pilot biometric payment cards in the country, during the second half of 2022. Biometric cards look like any other payment card, however, in addition to the standard chip and pin technology, biometric cards also have a fingerprint sensor. The chip powers the card’s fingerprint sensor, and both require authentication via the correct pin and the correct fingerprint in order to make a payment. Speaking on this announcement, Boris Joseph, CEO at Fidor Bank said, "We are delighted to take this big step with Zwipe, a well-known pioneer in biometric authentication and payment solutions. André Løvestam, CEO of Zwipe said, "We are grateful for Fidor Bank's confidence in joining forces with Zwipe to bring biometric payment cards to Germany, one of the largest payment markets in Europe.

Source: Forbes June 14, 2022 17:44 UTC