Korean card issuers cleared for biometrics

News in brief

News in brief

Korean card issuers will adopt biometric recognition solutions from September following clearing from the Financial Services Commission. “BC Card is the first local financial institution to launch a biometric recognition and settlement service next month using a fingerprint scanning system,” Korea Bizwire reports. “Shinhan Bank is preparing to introduce a vein pattern recognition system, while Industrial Bank of Korea (IBK) is focusing on iris technology.”

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 10 August 2015, 12:27 • Last updated 10 August 2015, 12:27