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Swedish-based Precise Biometrics’ algorithm solution for fingerprint recognition is part of the first market trial of dual interface biometric payment cards with $7 million West Jordan, Utah-based Mountain America Credit Union.

The payment card trial, carried out with Fingerprint Cards and Visa’s new division, Visa Ready for Biometrics, works with contact and contactless payments (dual-interface), and reportedly improves the customer convenience because there is no need for PIN codes to authenticate payments.

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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