Samsung has figured out how to protect and ensure the security of bank cards. It was proposed to build a fingerprint scanner into the "plastic". The company itself positions the solution as the industry's first all-in-one solution that allows you to read biometric information using a fingerprint sensor, store and recognize encrypted data using a tamper-proof SE, and analyze and process data using a secure chipset.
Samsung combined the chip, fingerprint sensor and security module into one chip. Payment cards with such a microchip will make the process of making purchases safe and fast. Biometric authentication eliminates the need to enter a PIN code on the keyboard, and also minimizes the possibility of fraudulent transactions with lost or stolen cards.
The technology meets EMVCo and CC EAL 6+ security standards and has already received Mastercard approval. We don't know where the energy to power the chip will come from. Perhaps it will "feed" on energy from NFC. We have no information about when cards with such a solution will appear on the market.
Samsung invented how to embed a fingerprint scanner in payment cards
"The S3B512C combines a fingerprint sensor, Secure Element (SE) and Secure Processor to add an extra layer of authentication and security to payment cards," said Kenny Hahn, vice president of System LSI Marketing at Samsung Electronics. "The S3B512C is primarily designed for payment cards, but can also be used for cards that require highly secure authentication — such as student or employee ID, organizational membership, or building access."
In addition, “The new security chip is the industry's first all-in-one security chip that reads biometric information with a fingerprint sensor, stores and authenticates encrypted data with a tamper-proof SE, and analyzes and processes data with a secure processor. With three key functions integrated into a single chip, the S3B512C can help card manufacturers reduce the number of required chips and optimize card development processes for biometric payment cards.”
“The solution's encrypted fingerprint data is stored in the SE, which has received globally accredited certifications such as EMVCo and CC EAL 6+. For safe and accurate verification of the user's identity, the new IC is equipped with a patented fingerprint authentication algorithm and a secure processor that extracts and analyzes the unique features of the fingerprint placed on the sensor. In addition, the chip's anti-spoofing technology prevents unauthorized users from bypassing the security system using illegal methods, such as artificial fingerprints."
