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Global Powered Smart Card Market: Key Developments

In January 2021, IDEMIA, a provider of biometric identification services, enrollment, physical access control, monitoring, and secure identity credentials, signed a four-year agreement with Jyske Bank, the second-largest Denmark-owned bank, to introduce the first recycled plastic payment card in Denmark.

In June 2020, the Macao government issued contactless prepaid payment cards pre-loaded with credit to mitigate the economic impact of the COVID-19 pandemic and provide financial support to its citizens. The cards were produced by G+D Mobile Security, global mobile security technology

In January 2020, Confidex, a leading designer and supplier of short-range wireless identification solutions, entered into a partnership with Thales, manufactures electrical systems to develop a flexible smart media for Calypso-based systems. Confidex used Gemalto’s digital security company software solutions to create a new category of microprocessor-based smart media. These products include durable contactless paper cards embedded with a PET layer that reinforces the structure of the card. This makes the product resistant to harsh environments associated with transportation applications.