From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data The Bank of Cyprus has contracted Gemalto , a digital security company , to launch the world 's first EMV payment card that supports biometric authentication for both cash and chip payments in Cyprus . The card , which is powered by the payment terminal it is being used on and does not require an embedded battery , uses in - built fingerprint - scanning technology to authorise payments when used at a terminal . Users undergo an initial enrolment process that captures their biometric fingerprint data and transfers it to the card ; the biometric data then remains on the card and is not stored anywhere else .
The Bank of Cyprus has contracted Gemalto , a digital security company , to launch the world 's first EMV payment card that supports biometric authentication for both cash and chip payments in Cyprus . The card , which is powered by the payment terminal it is being used on and does not require an embedded battery , uses in - built fingerprint - scanning technology to authorise payments when used at a terminal . Users undergo an initial enrolment process that captures their biometric fingerprint data and transfers it to the card ; the biometric data then remains on the card and is not stored anywhere else .