28 February 2017
Visit EBAday.com

Cartes Bancaire plans biometric payments

16 June 2014  |  9163 views  |  1 Paris - Eiffel tower

France's national interbank network, Groupement des Cartes Bancaires CB, is evaluating the use of biometry in payment transactions and is expected to approve a new authentication standard based on fingeprints before the end of the year

CB is one of the largest card payment schemes in the European Union with 61.7 million cards, 58,624 ATMs, 1.3 million CB merchants and a network comprising 10 billion card transactions with a turnover of EUR524 billion in 2013.

The association is working with the Natural Security Alliance tech coalition to define a chip-based biometric application embedded into a keyfob initially. Integration of the chip into the micro-SD card of a mobile phone is also being studied.

In both instances, the user's biometric data is not stored in a centralised database, but remains in the chip integrated into the key ring or telephone.

Gilbert Arira, CB chief executive, emphasises that the technology must first prove its robustness, security and interoperability.

"It is on these points that we are working with the Natural Security Alliance," he says. "The project is advancing rapidly and the first payment solutions integrating biometry are expected to receive approval by the end of the year".

Comments: (1)

Ludger William
Ludger William - Oney - Lille | 17 June, 2014, 08:54

Good news !

Looking forward to have a biometric application using my voice credentials to certify my e-payment on the phone. As Fraud is higly being on e-commerce channels, it would be tremendously relevant for mature market such as France.

Implementing such innovation would be such a great move for CB competiveness.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Nigerian banks begin biometrics registration project

Nigerian banks begin biometrics registration project

17 February 2014  |  5969 views  |  0 comments | 9 tweets | 5 linkedin
US Bank trials voice biometric access to mobile app

US Bank trials voice biometric access to mobile app

12 February 2014  |  10582 views  |  0 comments | 23 tweets | 18 linkedin
Biometrics make headway at CES, Las Vegas

Biometrics make headway at CES, Las Vegas

09 January 2014  |  7037 views  |  1 comments | 10 tweets | 10 linkedin
ANZ experiments with voice biometrics as tech investment programme gains ground

ANZ experiments with voice biometrics as tech investment programme gains ground

28 November 2013  |  6056 views  |  1 comments | 5 tweets | 5 linkedin
Latin American governments tap biometrics for benefit payments

Latin American governments tap biometrics for benefit payments

24 October 2013  |  4370 views  |  0 comments | 4 linkedin
MasterCard joins Fido Alliance in bid to replace passwords with biometrics

MasterCard joins Fido Alliance in bid to replace passwords with biometrics

11 October 2013  |  15589 views  |  0 comments | 12 tweets | 14 linkedin
Uniqul introduces face payments

Uniqul introduces face payments

15 July 2013  |  8975 views  |  0 comments | 21 tweets | 14 linkedin
From Facebook to voice recognition and biometrics, ING Direct plans mobile future

From Facebook to voice recognition and biometrics, ING Direct plans mobile future

21 March 2013  |  15440 views  |  2 comments | 30 tweets | 10 linkedin
Discover trials Natural Security biometric payments

Discover trials Natural Security biometric payments

05 November 2012  |  11099 views  |  5 comments | 15 tweets | 5 linkedin
French shoppers trial biometric payments

French shoppers trial biometric payments

24 October 2012  |  13977 views  |  0 comments | 22 tweets | 18 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit dh.com

Who is commenting?

A Finextra member Finextra Member Commented on: Really really really K...
A Finextra member Finextra Member Commented on: In wake of Cloudflare...
A Finextra member Finextra Member Commented on: Bank consultancy Zeb o...

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
14037 views comments | 53 tweets | 74 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
8021 views comments | 7 tweets | 4 linkedin
hands typing furiouslyBlockchain Technology
7805 views 1 | 18 tweets | 8 linkedin
Starling releases Open API, talks up marketplace modelStarling releases Open API, talks up marke...
7553 views comments | 19 tweets | 18 linkedin
Barclaycard strikes new wearable deals for contactless jewellery and watchesBarclaycard strikes new wearable deals for...
6926 views comments | 17 tweets | 15 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job