Development of Japan’s first contact IC card featuring Biometric and Dynamic authentication functions by Toppan
Toppan Printing made an announcement on development of “SMARTICS-NEO” contact IC card featuring both the biometric as well as automatic authentication functions. The addition of palm vein authentication functions to the “SMARTICS-NEO” made possible by storing it in ROM instead of EEPROM. So far the main method of credit authentication has been through SDA (Static Data Authentication) method, exchanging fixed authentication data but in the automatic authentication method variable data is exchanged resulting in a higher security in payment transaction. The sales of the “SMARTICS-NEO” have begun on Sep 1st of this year targeting banks and credit card companies all over Japan with a expected sales of 3 billion yen up to 2011 fiscal year. The “SMARTICS-NEO” can optionally include finger vein authentication function as well as Japanese banking association IC cash card functions. Furthermore, the “SMARTICS-NEO” can be extended into a hybrid cards. The “SMARTICS-NEO” can be combined with contact-less IC module and antenna for use as a cash card with electronic money functionality.