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ZWIPE SIGNED

Zwipe is a technology provider that enables ultra-low-power biometric authentication solutions for Financial Services. Mission is to “Make Convenience Secure” for banks, merchants and consumers.

Total Cost €

EC-Contrib. €

Partnership

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ZWIPE project word cloud

Explore the words cloud of the ZWIPE project. It provides you a very rough idea of what is the project "ZWIPE" about.

standard contactless plans pos ebit position price scalable thin secure reduce card market fixed horizon semiconductor interface security competitiveness transition radio sales transforms decentralized prepare understand cardholder mover first capital advantage sell spent ultra compliant fingerprint battery else functions company patents harvest entails volumes mastercard point performance terminals issued biometric chips world signals consumption contact simplifying charge visa infrastructures 2018 pilots universal ip terminal power reducing cards harvesting dual sensor patented data supply filed platform selling emv aligned electricity authentication energy portfolio europay zwipe efforts critical commercialization margin 2017 payment stored expansion grow integrate securing

Project "ZWIPE" data sheet

The following table provides information about the project.

Coordinator	ZWIPE AS Organization address address: RADHUSGATA 24 city: OSLO postcode: 151 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Norway [NO]
Total cost	3˙282˙000 €
EC max contribution	2˙297˙400 € (70%)
Programme	1. H2020-EU.3. (PRIORITY 'Societal challenges) 2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs) 3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
Code Call	H2020-SMEInst-2018-2020-2
Funding Scheme	SME-2
Starting year	2019
Duration (year-month-day)	from 2019-04-01 to 2021-03-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	ZWIPE AS ZWIPE AS Organization address address: RADHUSGATA 24 city: OSLO postcode: 151 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	NO (OSLO)	coordinator	2˙297˙400.00

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Project objective

Zwipe is a WORLD LEADING BIOMETRIC PAYMENT company and has developed the world’s first contact and contactless payment card with an integrated Fingerprint sensor without the need for a battery or a fixed power supply due to our patented energy harvest method. Our method transforms the radio-signals from the payment terminal to electricity who charge the integrated ultra-thin and low power consumption biometric authentication.

With Zwipe technology the cardholder’s biometric data is decentralized meaning its only stored on the card and nowhere else. The card is fully compliant with EMV (Europay, VISA and MasterCard) and standard POS terminals (Point of sales) infrastructures. Zwipe has a strong IP portfolio of issued and filed patents addressing factors that are essential Zwipe introduced the world’s first biometric dual interface payment card in 2017. 2018 is the year of pilots to further understand the development needs of our product offering. In a 2 to 3 year horizon, as the market evolves and volumes grow, Zwipe plans to build on its first mover position to develop and sell market leading applications in areas like energy harvesting and ultra-low power biometric performance and security. This project is to simplifying the technology by taking advantage of semiconductor technology to integrate more functions into chips and ensuring a universal technology platform prepare the technology for scale-up for the commercialization phase. Development efforts will be spent on creating a universal and scalable technology platform which enables expansion. This entails a transition from selling cards to selling chips and integrated systems. This is aligned with expected market development and will secure price competitiveness and reduce capital requirements.

As the market evolves, this is a critical step in securing price competitiveness, reducing capital requirements and achieving the long-term EBIT margin target of 20 %.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "ZWIPE" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "ZWIPE" are provided by the European Opendata Portal: CORDIS opendata.