Securing data and transactional information is a top concern for any financial institution.
Organizations throughout the finance sector increasingly recognize the value of biometric technology to protect both themselves and their customers against the far-reaching consequences of a breach in security.
Organizations throughout the finance sector increasingly recognize the value of biometric technology to protect both themselves and their customers against the far-reaching consequences of a breach in security.
The Banking sector would require the implementation of its own Automated Fingerprint Identification System (AFIS) solution. Without biometric verification against the PR (population register), this solution would not allow the bank to establish a client's proper identity, but it will allow the bank to find out if a particular client has been registered before, possibly under a different name, allowing instant detection if this person attempts to open another bank account.