All Visa owners are to soon have new cards with inbuilt fingerprint system
"To ensure the safety and confidentiality of the money transaction, all fingerprints are directly embossed on the card in encrypted form rather than being transferred to Visa. The coming week of this month is scheduled for the issue of the new generation bank cards for the residents of US and Cyprus, following which by the end of 2018, all the other countries of the world including Russia are to have access to them."
“The world is quickly moving toward a future that will be free of passwords, as consumers realize how biometric technologies can make their lives easier,” said Jack Forestell, head of global merchant solutions, Visa Inc. “As electronic payments expand dramatically around the world, Visa is committed to developing and investing in emerging capabilities that deliver a better, more secure payment experience.”
The smartcards market is four times larger than the smartphone market, so this is obviously huge news. Fingerprint cards have confirmed that the company's sensors are delivered to these projects and are ready to mass-produce the units to the smartcard market.
I heard that FING might need to issue new shares, a sort of Placing to help Fing in a new Era of biometrics. Do you think it’s necessary or just Placebo?
Smabolaf
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Hello,
This looks more like a possible chapter eleven.
Smabolaf
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Hello,
Q4 earnings coming in tomorrow.
19,5 Kr or below 10 kr? In Sweden they have a funny expression, ”Fingfredag”. Fingfriday.
Smabolaf
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Whats up? Asked Baby Bull.
Not FPC. Said Papa Bear.
*Carnegie 9 SEK and Sell*
Smabolaf
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Hello ”Hooligan”,
This so called technical analysis turned out just as faulty as the one you posted 170803. Care to comment?
Blue sky dreams with no connection with risk management. The future fundamental could be as you describe it, but where are your bear case alternative? Q4 could make your TA way off. Good luck.
Bulls in the stabel?
reuters.com/article/us-fingerprint-cards-costs/fingerprint-cards-announces-new-cost-cuts-amid-weak-market-price-pressure-idUSKCN1J00G7