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Zwipe is Selected by G+D Mobile Security to Develop Biometric Wearable

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Biometric technology company Zwipe has been selected by Giesecke + Devrient (G+D) Mobile Security, one of the world’s largest mobile and digital security providers to develop a biometric payment device with a view to pilot this technology with leading banks.

Speaking on the partnership with Zwipe, Gabrielle Bugat, Group Senior Vice President and Head of Business Unit Financial Services at G+D Mobile Security, said “We have selected Zwipe because of their proven ability to integrate biometrics with payment functionalities into an extremely space and energy-constrained environment,” adding “we are confident that this joint effort will help establish new opportunities in the emerging biometric payments marketplace.”

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Zwipe will provide the technical design and core components for integration into a wearable device with the digital security provider integrating the payment platform and personalising the product for use as a payment solution.

Commenting on this commercial effort, André Løvestam, CEO of Zwipe, said “Our new customer, G+D is one of the world’s largest players in security solutions and we are excited to launch this collaboration.”

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The joint development is commencing now, and the two parties plan to announce the start of any pilot when the product is ready for trials.

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