A new partnership announced this week between IT security distributor Alpha Generation Distribution, a part of the 4SEC Group, and Hitachi Europe, a wholly-owned subsidiary of Hitachi Ltd is focused on biometrics and Hitachi’s finger vein technology and promises to bring something new to the UK market this year.
Hiatchi’s biometric technology has been deployed at leisure and hospitality venues around Manchester this summer to allow customers to pay with finger vein scans through a partnership between Hitachi and Fingopay parent Sthaler.
Sthaler worked with music festival industry to develop a cashless, card-free payment system that was available to everyone. The company developed Fingopay, using VeinID technology, in partnership with Hitachi. Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 0.9% holding in Sthaler.