Card, mobile credential, payment and security
Demnark's Copenhagen Business School is set to fully implement finger vein biometrics for payments from UK-based biometric payment company, Fingopay. The move will see finger vein payments made available campus-wide at the Danish university.
Fingopay is the result of a partnership between parent company, Sthaler, and Hitachi, which adds its VeinID biometrics to support fast cardless payments and identification.
As reported by Biometric Update, this latest campus wide roll-out at Copenhagen follows a trial at on-campus cafeteria checkouts, and an earlier nine-month internal testing period by Nordic payment processor, Nets. Any Copenhagen students with a Dankort Danish national debit card are eligible to enroll for finger vein payments.
FingoPay successfully processed more than 12,000 transactions in the Copenhagen Business School restaurant and coffee shop that were included in the initial trial. That figure means that finger vein purchases accounted for roughly 10% of total payments at the participating locations during the trial period.
Copenhagen Business School joins London's Brunel University as Fingopay's clients in higher education. The system will now be deployed to all 32 of Copenhagen's POS registers across six different campus locations.
In the stadium and hospitality vertical in the UK, Verteda has integrated Fingopay technology with its POS system to support both employee time and attendance, as well as payments for food and beverages at UK stadiums.
Customers can enroll in the biometric system at the beginning of the soccer season to link their finger vein biometric with a payment account. Once enrolled users can make fast, secure payments using only their finger at matches over the course of the season. The technology is also being used to access hospitality and VIP areas.
“This is an exciting time for stadium payment technology,” says Matthew Prosser, sales director at Verteda. “Combined with data from stadium operators’ other systems, Fingopay gives stadiums and hospitality venues the ability to collect more insightful data about their customers’ purchases to improve service delivery and be more operationally efficient.”
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