Vancouver, Canada, Hsinchu, Taiwan, and Milan, Italy – SynMatrix Consulting, ELAN Microelectronics, and Farport Software have announced a strategic partnership to co-develop a revolutionary battery-free smart card aimed at FinTech applications. Combining ELAN’s advanced biometric technology with Farport’s digital security expertise, the project will produce a secure, energy-efficient smart card that supports seamless transactions and access control for financial services.

The collaborative effort will utilize ELAN's ultra-thin, battery-free biometric fingerprint sensor, designed to function under PVC/PET layers, ensuring durability and energy efficiency. Farport Software will enhance the card’s functionality with its BioSeal technology, providing secure access to digital wallets and enabling compliance with European PSD2 standards for strong customer authentication.

“We are thrilled to bring together ELAN’s pioneering biometric technology and Farport’s security expertise to create a smart card solution that aligns with the future of FinTech,” said Alexis Liu, Managing Director of SynMatrix Consulting.

The project is set to redefine FinTech security, offering a versatile and reliable solution for digital payments and secure access, meeting the growing demands of financial institutions worldwide. This partnership underscores the commitment of SynMatrix, ELAN, and Farport to advancing security and user experience in the rapidly evolving FinTech landscape.

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