The potential and targeted market for these applications will be several hundred million units in the next three years.

FPC and Infineon are adding fingerprint technologies to Infineon's Embedded Secure Elements, further increasing transaction security. As part of this work, FPC has made special adaptations to optimize the fingerprint algorithm performance specifically for securing transactions in the Secure Element, while minimizing the memory footprint and use of processor capacity. FPC is also adding its newly developed Android applications for mobile payments, making mobile payments extremely user friendly for mobile users.

Juergen Spaenkuch, Vice President and General Manager Platform Security of the Chip Card & Security Division at Infineon Technologies, comments: "We are very happy about the cooperation with Fingerprint Cards. With Fingerprint Cards, we have an additional partner for secure applications on board. Furthermore, this helps us to generate more added value for our customers."

Comments from Johan Carlström CEO of FPC: "Secure Elements is a core component when enabling secure mobile transactions and Infineon is the world's largest supplier of Secure Elements. We are very excited to jointly work with Infineon to enable 100% secure transactions in NFC-enabled mobile phones, tablets and other applications. FPC's solution is uniquely positioned to work in a Secure Element with its low power consumption, small memory footprint and efficient use of processor capacity."