On Tuesday, January 25, 2022, Samsung Electronics introduced the first All-In-One biometric payment card. The card uses a smart all-in-one fingerprint security system, which combines fingerprint sensors with safe processors and safe elements. This helps add additional authentication layers for payment cards.
“S3B512C is mainly designed for payment cards but can also be used on cards that require very safe authentication such as identification of students or employees, membership or access to the building,” Samsung Vice President from Marketing LSI, Kenny Han, shared in the announcement.
The new security feature must allow transactions that are faster and safer, especially when making purchases in the store. Because you use your fingerprints, you don’t need to worry about considering the pin. It must remove the possibility of a bad actor stealing your information at checkout, making it more difficult for your card details falling into the wrong hand.
The new system built a previous foundation made around the biometric function. With this iteration, Samsung plans to attract all pieces into one module, which should provide some additional security from bad actors.
The answer to this question is very difficult. On the one hand, fingerprints look safer because they offer a unique biometric signal to rely on your card. However, it is important to note that fingerprints – like all types of security logins – can be recognized or copied (through kraken). But that doesn’t mean that fingerprints are not safe.
In the case of Samsung’s new payment card, the company has an integrated technology that he said must help prevent spoofing or efforts to avoid security systems. Samsung solutions use encrypted data systems, which store fingerprint data in an anti-tamper (SE) safe element.
The system then uses an exclusive system to confirm fingerprints, ensuring it is the same listed to the card and not an artificial effort. Basically, Samsung claims that your card cannot be accessed using fake fingerprints or through fingerprint bypassing.
Of course, we have to wait to see how well this technology is in the use of real worlds. If it works, it must provide a sense of security for users who are interested in transition to cards that utilize biometric elements.