On Tuesday, January 25, 2022, Introducing Samsung Electronics its first all-in-one biometric payment card. The card uses an intelligent all-in-one fingerprint security system, which combines a fingerprint sensor with a secure processor and a secure element. This adds an extra layer of authentication for payment cards.
“The S3b512C is primarily designed for payment cards, but can also be used in cards that require highly secure authentications such as student or employee identification, membership, or building access,” said Kenny Han, Samsung’s vice president of LSI system marketing, in the announcement.
The new security feature should enable faster and more secure transactions, especially when shopping in-store. Because it uses your fingerprint, you won’t have to worry about remembering a PIN. This should eliminate the possibility of bad actors stealing your information at checkout, making it harder for your card details to fall into the wrong hands.
The new system builds on previous foundations created around biometric features. With this iteration, Samsung plans to bring all the pieces together in a single module, which should provide additional security against bad actors.
Are fingerprints really more secure?
The answer to this question is honestly a bit difficult. On the one hand, fingerprints seem more secure because they offer a unique biometric signal that your card can rely on. However, it is important to note that fingerprints – like any type of security login – can be impersonated or copied (via kraken). But that doesn’t mean fingerprints aren’t secure.
In the case of Samsung’s new payment cards, the company has incorporated technology that it says should help prevent any identity theft or attempt to bypass the security system. Samsung’s solution uses an encrypted data system, which stores fingerprint data in a tamper-proof Secure Element (SE).
The system then uses a proprietary system to confirm the fingerprint, ensuring that it is the same one recorded on the card and not an artificial attempt. Essentially, Samsung claims that your card cannot be accessed using a fake fingerprint or by bypassing the fingerprint.
Of course, we’ll have to wait to see how well this technology turns out in real-world use. If it works, however, it should provide a sense of security for users who want to upgrade to a card that uses biometrics.