The objective of the authentication method defined by the
The first CB approval will involve the association of biometry and a chip integrated into a keyfob. Integration of the chip into a micro-SD card of a mobile phone is also being studied. Highly convenient, the user keeps the keyfob or telephone on his or her person, for example in a pocket or handbag, without needing to present it physically to pay or withdraw cash.
Beyond the fact that biometry simplifies authentication by the single act of placing a finger on a reader and without the need for a confidential code, it reinforces security because the cardholder must be present for the transaction.
Moreover, the implementation of this solution respects the user’s privacy and personal data protection, as the user’s biometric data is not stored in a centralised database, but remains in the chip integrated into the key ring or telephone.
Gilbert Arira, Chief Executive Officer of the Groupement des Cartes Bancaires CB comments: “CB must anticipate technological developments likely to be used in payment, and biometry is one of these. The banking community believes that biometry can generate added value on both functional and operational levels. Having said that, the technology must respect all requirements of the CB system, notably those of robustness, security and interoperability, key foundations of the trust that CB products inspire. It is on these points that we are working with the
For CÉdric Hozanne, CEO of
About Groupement des Cartes Bancaires CB
Groupement des Cartes Bancaires CB is a non-profit organization acting as the governing body of the CB payment scheme to provide a universal and interoperable card payment and ATM cash withdrawal scheme in
CB is responsible for the system’s overall architecture, inter-member rules & procedures and risk management. CB also defines technical and security standards, and ensures that manufacturers and vendors whose products and services are used in the CB system comply with these standards.
Furthermore, CB operates an information system, providing its members with high performance data mining tools and countermeasures in the fight against fraud.
CB is one of the largest card payment schemes in the
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