KONA I, a leader in smart card and technology platforms, has teamed up with IDEX Biometrics to bring a biometric smart card to Japan.
The partnership is a direct response to the escalating issue of credit card fraud in Japan, which has seen a 30% increase year over year, reaching a staggering USD 294m. This alarming trend has prompted banks in Japan to express a keen interest in advanced security solutions, particularly in biometric smart card technologies, including metal cards. KONA I anticipates that banks will commence the distribution of these high-technology biometric cards to consumers in the latter half of 2024.
KONA I excels in the development and manufacture of smart card solutions, catering to a broad spectrum of applications ranging from payment systems to secure identification. The company’s dedication to innovation is evident in its robust product lineup, designed to meet the evolving needs of the digital and financial landscapes.
The new product, a result of the collaboration with IDEX Biometrics, is a state-of-the-art biometric smart card platform. This platform is engineered to provide an end-to-end authentication solution that emphasizes digital security. It is compatible with standard protocols like FIDO2 and is designed to offer an optimal user experience with security at its core. The introduction of these biometric payment cards signifies a major advancement in secure transactions and access control, offering unparalleled security and convenience to users.
Koichiro Sasai, Head of KONA Japan, said, “The partnership with IDEX Biometrics enables us to react to the fast-growing demand for biometric smart cards in Japan.
“We are proud to offer bank customers in Japan the most innovative access and payment solutions. There is a very strong demand from affluent customer who seek the highest security and unparalleled value and user experiences, as offered by biometric metal cards.”
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