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The Almighty Buck

Samsung and Mastercard To Pilot Biometric Payments Card in South Korea (zdnet.com) 7

Samsung Electronics and Mastercard have partnered to pilot a biometric card that uses a built-in fingerprint sensor to authorise in-store transactions. From a report: The partnership, confirmed through a memorandum of understanding, will see the companies develop a card using Samsung's System LSI Business' new security chipset, which Samsung claimed has integrated "key discrete chips" to improve efficiency. "Drawing from our strong security solution background in various applications such as passports, credit cards, and mobile devices, we will work with Mastercard and Samsung Card to create an environment where consumers can use payment card services with an added peace of mind," Samsung Electronics vice president Harry Cho said. The card will be able to be used at any Mastercard in-store payment terminal, they said. It will not require PIN or signature authorisations when transactions are made, the companies added. The pilot biometric card will be rolled out in South Korea later this year, with the adoption of the solution to be a gradual process, Samsung said. The rollout will first start with corporate credit cards that have more frequent international transactions.
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Samsung and Mastercard To Pilot Biometric Payments Card in South Korea

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  • Does this system ask for a PIN whenever the biometric fails, sort of like how the iPhone does it?

  • "Retina coding accepted, Warden William Smithers ... be well!"

    (eyeball impaled on fountain pen)

    https://youtu.be/Hgqw1kiuz4Q?t... [youtu.be] (1:20)

  • Does it pass the gummy bear test?
  • by fahrbot-bot ( 874524 ) on Friday March 05, 2021 @06:03PM (#61128464)

    From AFA referenced in TFA:

    Gemalto said users of the new card, currently limited to Bank of Cyprus customers for now, will have to enroll their fingerprint at a local branch. A fingerprint template is captured and stored during that enrollment process and is stored on the card. When a customer places their fingerprint on the credit card sensor in a store, a comparison is performed between the enrolled fingerprint and the reference data stored in the card.

    Gemalto said that the card doesn't require an embedded battery, as the biometric sensor is powered by the contactless payment terminal.

    Better not get a callus on that fingerprint or scratch it up etc... or you won't be able to buy things for a while.

    [For example: I once had a clearance application delayed because they couldn't get 10 good fingerprints as some of my fingertips were torn up from working on my car. Had to come back a week later after they all cleared up...]

    In any case, count me out on bio-metric access *and* contact-less payment (I hole-punched that chip on my VISA card). Not really interested in having to safeguard a specific finger or Faraday-caging my wallet.

  • They just invented the iPhone/Apple Pay.

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