When moving our life onto the internet and moving into a contactless and cashless society, life is not just made easy for you but also very much for fraudster and hackers. In 2016 USA saw 16 million personal identities hacked and stolen and latest reports reveal that Cyber-crimes worldwide had a cost of 600 billion USD in 2016 with a forecast at 2,100 billion USD in 2021. This trend can be changed, but we need to use the best of the internet and the physical card security.
CardLab provides biometric cards with full system on card with fingerprint technology using a 1:1 matching inside the card in the Secure Element with no programming access once the card is personalized with the users fingerprint.
CardLab card technologies brings the control of the card data back to the cardholder. It is done by a combination of card Jammer solution, magstripe non-data function and physical control of power supply to the card platform. This gives:
CardLab card security solutions provides enhanced security to the use of the internet as the user will provide unique identity by use of the biometric card solution. The combination of physical identity verification on the card and use of authentication server system brings along: