Financial and Transactional Biometrics – the ID Theft Solution You Can Bank On!
Financial and transactional security, and identity theft protection are more of an issue today than ever before! Have you ever panicked because you lost your wallet, with all of your ATM and credit cards in it? Do you fear to bank via internet banking because you’re worried that your information will be stolen, along with your money?
Do you look over your shoulder three times before entering your PIN at the ATM machine to make absolutely sure no one can see which numbers you’re pressing? Does online shopping worry you because you’re scared someone will get your credit card number? Would you feel much safer if there was a more fool proof way of conducting financial transactions that was more secure than 4 numbers?
Let’s say you’re standing at the ATM, and enter not only your PIN, but also a thumb print or voice scan before you get money. What if, when you go into the bank, they ask you not only for a piece of identification but also an image of your iris? What if you need to press your thumb to a pad on a USB key to complete an online purchase? What if you had to be identified with absolute accuracy by your individual and unique physical characteristics before completing one of these otherwise vulnerable financial transactions? That would be far more secure than any other system in use today.
Now, that technology is in use and being developed more and more each day. It uses what’s called biometrics to ensure that you are who you say you are. Biometric technology uses your unique physical characteristics, such as your iris, your hand print, your voice, your finger print, even your veins, to make sure that you are you.
Biometrics technology can be integrated with banks, ATM machines, into USB keys that can be hooked into computers, at retail locations to be used with credit cards and ATM cards, and anywhere you may make a financial transaction. It will act on its own or in conjunction with your PIN to securely identify you as the owner of the card and the person who has access to the money being exchanged.
Identity theft is a huge and growing problem in this world of electronic money. So many of our financial transactions now have no physical cash involved. It’s all done via computers. This is convenient, but opens up a whole new world to anyone who has the skills and will to steal.
Not only can your “cash” be stolen, they can steal your credit cards, bank account info, access to your line of credit, credit rating – the list is virtually endless. They cannot, however, steal your iris or your finger print. If, when you’re conducting a financial transaction of some kind, you have to be identified physically through the use of biometric technology before the transfer is completed, it becomes impossible for anyone else to intercept the money, or your financial information. If you have to prove who you are before making a credit card purchase, it doesn’t matter if someone else has your card number; they won’t have your physical identifiers and the transaction won’t be completed.
Biometric technology protects both sides during a financial transaction. When buying liquor, a retailer can use biometrics to find out for sure if a customer is of legal drinking age. Someone selling products restricted in some way are able to tell if they are selling to someone who is permitted to buy them.
Biometric technology is reducing fraud, making fraud prevention easier, and decreasing the risk that your identity will be stolen astronomically. It’s making financial transactions more secure safer for both businesses and consumers. Even in these times of economic uncertainty, companies are realizing the benefits of investing the money necessary to implement biometric technology. The money saved by doing so far outweighs the initial outlay, and the peace of mind is priceless.
These financial and transactional biometrics suppliers will show you how to protect your money and assets, whether for a bank, corporation or right in your own home:
3M Cogent is a leading provider of Automated Fingerprint Identification Systems, or AFIS, and other fingerprint biometric solutions to governments, corporations, law enforcement agencies and other organizations worldwide. Our solutions enable customers to capture fingerprint images electronically, encode fingerprints into searchable files and accurately compare a set of fingerprints to a database containing potentially millions of fingerprints in seconds. Products & services: Fingerprint Readers, Hand Readers & Finger Scanners, Smart Cards, Physical Access Control, Justice / Law Enforcement, Time and Attendance, HealthCare Biometrics, Border Control / Airports, Financial and Transactional, Mobile Biometrics, Consumer / Residential Biometrics, Other Uses of Biometrics.
SecuGen is a world-leading designer and developer of high quality, accurate, rugged, and affordable optical fingerprint recognition technology. We offer FBI- and STQC-certified fingerprint sensors, including the Hamster™ line of fingerprint readers, as well as MINEX-compliant biometric algorithms and developer kits for a wide range of applications. Products and Services: Border/Airport Control, Financial & Transactional, Logical Access, Physical Access, Mobile, Fingerprint Readers.
FaceFirst provides a fully automated, user friendly, turnkey mobile and live-video surveillance facial recognition system which generates automated alerts whenever a face match above a user defined probability is reached. FaceFirst has a completely open and scalable, system architecture. FaceFirst technology excels in low resolution environments enabling real-world performance. Products and services: Facial recognition, Justice & Law Enforcement, Physical Access, Mobile Biometrics and Financial Transactional.
Smart Sensors continues to innovate in technology for iris biometrics feature extraction, key creation and matching. We work closely with our customers to build iris recognition engines, both through collaborative development and by supplying development tools for various product, camera and processor platforms. Let us help you realise the benefits of highly competitive solutions. Products & Services: Iris Scanners & Recognition, Financial and Transactional, HealthCare Biometrics, Mobile Biometrics
Sensory, Inc. creates a safer and superior UX through vision and voice technologies. Sensory’s technology is widely deployed in consumer electronics applications including mobile phones, automotive, wearables, toys, IoT and various home electronics. With its TrulyHandsfree™ voice control, Sensory has set the standard for mobile handset platforms’ ultra-low power “always listening” touchless control. Sensory’s TrulySecure™ is changing the authentication landscape with highly accurate voice and facial biometric fusion. To date, Sensory’s technologies have shipped in over half a billion units of leading consumer products. Visit Sensory at www.sensory.com
Diamond Fortress Technologies is the first known company to successfully develop a mobile touchless fingerprint biometrics software solution. Our patent pending technology, ONYX, utilizes the rear-facing camera found on mobiles devices such as smart phones and tablets as the fingerprint collection sensor. ONYX eliminates the need for hardware peripherals or device form-factor redesign for scanner integration. It brings the high security and authentication of biometrics to everyone in a cost-effective and easily adoptable way.
At AGNITIO we are committed and passionate to working closely with our partners and customers worldwide to help them protect citizens in the fight against identity fraud, terrorism and criminal activity. We aim at providing the most unique and advanced voice biometrics technology that allows identification, surveillance and precise ID verification using the voice. Products & services: Voice / Speech Recognition, Justice / Law Enforcement, Financial and Transactional, Mobile Biometrics
NEC has been at the forefront of defining leading-edge biometric identification solutions for over 40 years. NEC’s identification technologies include finger/palm print, DNA and face recognition solutions. NEC has developed some of the world’s largest and most complex identification infrastructure projects for government and law enforcement. Our mission is to help government and businesses use technology to build a safer environment for life and work. Products & Services: Fingerprint Readers, Mobile Biometrics, Facial Recognition, Justice/Law Enforcement, Financial and Transactional, Border Control/Airports, Healthcare Biometrics, Multi-modal Biometrics, Logical Access Control, Physical Access Control
Crossmatch Technologies is a leading global provider of biometric identity management systems, applications and enabling technologies to governments, law enforcement agencies and businesses around the world. Offerings include biometric technologies capable of wireless, mobile or stationary use that encompass fingerprint, palm and full-hand scanners, facial recognition systems, iris scanning technology, document readers, biometric software, and related services. Products & Services: Border Control, Facial Recognition, Financial/Transactional, Fingerprint Readers, Hand Readers, Healthcare, Iris Scanners, Justice/Law Enforcement, Middleware Software, Mobile Biometrics, Other.
BIO-key (OTC Bulletin Board: BKYI), provides biometric identification solutions that scale to any size application. Our superior matching technology is compatible with EVERY major fingerprint reader manufacturer. BIO-key application engineers are available to assist in identifying the most appropriate fingerprint reader(s) to meet you application needs. Partnering with vertical solution providers, OEMs, and integrators, BIO-key delivers convenient, cost-effective and easy-to-deploy solutions to identify and authenticate individuals. BIO-key’s strong authentication is the ideal choice to satisfy industry regulations including HIPAA and FSTC, or to establish user identities as part of an audit trail. NIST ranks BIO-key in the top tier of MINEX and SDK performers. Products & services: Fingerprint Readers, Logical Access Control, HealthCare Biometrics, Border Control / Airports, Financial and Transactional, Mobile Biometrics.
Aware provides COTS, standards-based biometrics software for law enforcement, border management, defense, credentialing, and access control. Each product provides granular functionality and is available a la carte:
- SDKs for fingerprint, face, and iris
- Capture device hardware abstraction
- Image quality assurance
- Standard-compliant data formatting and validation
- BioComponents™ enrollment applets and controls
- URC™ .NET biometric enrollment application
- WebEnroll™ browser-based biometric enrollment
- Biometric Services Platform (BioSP™)
- Nexa™ fingerprint, face, and iris search and match SDKs
- INQUIRE™ identity data analytics SDK
Products & services: Fingerprint Readers, Middleware / Software, Justice / Law Enforcement, Facial Recognition
MorphoTrak, recently named Biometrics Company of the Year by Frost & Sullivan, provides biometric and identity management solutions to a broad array of markets in the U.S. including law enforcement, border control, driver licenses, civil identification, and facility/IT security. L-1 has been acquired by Morpho, and is now part of Morpho, Safran’s security division. Reporting to Morpho, MorphoTrak is part of the world’s largest biometric company and leading innovator in large fingerprint identification systems, facial and iris recognition, as well as secure credentials. For more information, visit www.morphotrak.com. Products & services: Biometric Sensors and Detectors, Facial Recognition, Fingerprint Readers, Iris Scanners & Recognition, Smart Cards, Border Control / Airports, Consumer / Residential Biometrics, Justice / Law Enforcement, Logical Access Control, Mobile Biometrics, Other Uses of Biometrics, Physical Access Control, Time and Attendance, Hand Readers & Finger Scanners, Middleware/Software, Vein Recognition.
EyeVerify is the exclusive provider of EyePrint Verification, a highly accurate biometric for mobile devices. Eyeprint Verification delivers a password-free mobile experience and secure authentication at a glance. This patented solution uses existing cameras on smartphones to image and pattern match the blood vessels in the whites of the eye. Products & Services: Financial and Transactional, HealthCare Biometrics, Logical Access Control, Mobile Biometrics
Iris ID has been the key developer and driver of the commercialization of iris recognition technology since 1997. IrisAccess, now in a 4th generation, is the world’s leading deployed iris recognition platform. Found on 6 continents, in thousands of locations, authenticating the identities of millions and millions of persons, more people in more places authenticate with IrisAccess than with all other iris recognition products combined. Products & Services: Iris Scanners & Recognition, Physical Access Control, Time and Attendance, Border Control/Airports, Financial and Transactional