Published on 1 June, 2016
|MeReal Biometrics' card can be used for payment and banking, access and identity, loyalty and healthcare cards
Hong Kong's MeReal Biometrics will reveal its revolutionary new card technology in Hong Kong at the RISE mega tech conference on Wednesday, 1st June, 2016. RISE organisers will showcase MeReal Biometrics in the ALPHA section acknowledging the technology’s universal appeal.
MeReal's "computer on a card"
MeReal Biometrics will be welcoming visitors on 1st June, 2016 at Builders' Section B118. MeReal Biometrics’ patented "computer on a card" to be unveiled at RISE will remove the pain and hassles of pin codes and passwords from daily life without compromising security. By combining a fingerprint sensor, a dual acoustic / RFID signature, and a rechargeable battery on a traditional wallet-sized payments card, MeReal Biometrics has created the most dynamic and safe powered card that can be used anywhere from payment and banking, access and identity to loyalty and healthcare cards.
The MeReal Biometrics card, manufactured in France, also features the standard technology that everyday access and payment cards carry such as RFID (radio frequency identification), NFC (near field communication), and EMV chip technology. Combined with the MeReal Biometrics fingerprint sensor, acoustic one-time password and battery power, these cards have unlimited applications 24 hours a day.
So how does the card work? In a typical banking or payment scenario, a user will activate their card with their fingerprint. While proceeding to, for example, phone banking or a payment app, the user can simply hold their card to the phone's or PC's microphone to transmit the acoustic one-time password.
Transactions are as easy as that with the MeReal Biometrics card’s new technology. The card will then power down automatically until the user chooses to use it again. All this can also be done at any existing point of sale reader globally with the contact or contactless technology on the card.
Common access scenarios
For the 60% of the world's population that still has no internet access, the easy-to-use card plus a telephone line can change lives forever
In a common access scenario, a user will activate their own card using their fingerprint as they approach the secured entrance to their workplace. Then they will hold the card to the door reader or keypad which accepts, in this situation, the RFID one-time password. It’s as simple as that to open the secured door. The user will perform the same procedures in a secured passenger lift, and again at the locked door leading to their workspace. In addition, they can use it to access their files and online systems, to operate the office scanner, to purchase lunch in the canteen and receive their wages directly on the card.
The user can be granted secure access and make transactions on site or remotely, all using one single card. The MeReal Biometrics card has been designed to make the world a happy place for everyone. Therefore, through its unique technology, the card enables trust over any device including the world’s 8 billion telephone lines. People living in connected communities can use the technology to instantly enhance or improve payments and access.
For the 60% of the world's population that still has no internet access, the easy-to-use card plus a telephone line can change lives forever. "New technologies can be taken for granted quickly in our fast changing world, but we are excited about making a disruptive difference by helping issuers like banks, governments and corporations place our dynamic tool into the hands of those who need it the most in rural and remote areas of the developing world", said Chairman, Patrick Partouche.
"Bank card and access card technology has come a long way with the introduction of tapping and waving cards in many countries but they leave innocent people vulnerable to fraud. We offer protection and relief to the old, young, illiterate, tech-savvy, rich and poor with three simple actions on a card. No more typing or entering their account numbers, passwords, other payment information again and should they lose the card, it won't work without their fingerprint", said Head of Marketing, Kate Davies.
Cyber security, financial inclusion and social inclusion can all be addressed with the MeReal Biometrics technology that is already in production with global patents granted. Smart Living, Fintech and Access concepts are currently attracting customers across China, Europe and USA.
On 1st June, 2016 MeReal Biometrics will be visited by investors, VCs, family offices as well as partners, such as retailers, property developers, banks, government departments and fintech companies among others.