Hitachi Europe is bringing its finger vein authentication technology to Turkey with the help of Aktif Bank and Mitsubishi. The three companies have joined forces to create a regional distribution network for Turkey and the surrounding countries, and will also work together to build a centralized customer authentication platform based on finger vein recognition.
The deal specifically concerns Hitachi’s VeinID Five solution, which is able to verify someone’s identity with a standard desktop or laptop camera. The contactless technology captures the user’s finger vein pattern when they wave their hand in front of the camera, acting as a form of biometric authentication that allows them to gain access to secure materials without entering a password.
VeinID is compatible with Windows 10, though the three companies are planning to bring the utility to mobile devices in the future. The new centralized solution is expected to enable secure customer onboarding and support digital transformation in a number of different industries.
“VeinID will be able to satisfy the authentication requirements encountered during remote customer acquisition and management, in the finance sector but also across industries such as e-commerce, transportation and health-care,” said Aktif Bank CEO Serdar Sumer.
“As an emerging technology hub, Turkey is an ideal location to deploy VeinID Five and we believe that there will be a high level of adoption in a short period of time,” added Hitachi Europe Security Business GM Ravi Ahluwalia.
Hitachi’s VeinID technology has previously been deployed in the Barclays Biometric Reader. It has also been integrated into Ubisecure’s Identity-as-a-Service platform, and is powering FingoPay’s naked payments solution.
While Hitachi has traditionally been a leader in the finger vein recognition space, a team of researchers at SUNY Buffalo recently announced a new solution that is able to capture 3D finger vein images. The researchers argue that the technique is more difficult to spoof than the 2D authentication options that are currently on the market.
October 1, 2020 – by Eric Weiss