Who is using Biometrics & how?

• In 1996, Diebold introduced the world's first live installation of biometrics on an ATM in South Africa utilizing fingerprint verification.
• In 1997, Diebold displayed the world's first ATM featuring facial and voice recognition to identify customers.
• In 1999, Diebold demonstrated an automated teller machine (ATM) that recognizes a customer's identity by their iris, without the need of a card or personal identification number (PIN).

 

In Jan 1999, Bank of America rolled out a new pilot program that uses fingerprint recognition to give individuals access to their online banking services. Bette Wasserman, Vice President and Manager of smart card product development for Bank of America, said the company believes that biometric technology will play an increasingly important role in security and authentication for financial services.

 

Bank United introduced Iris scan technology in some of their ATM's last year.

 

CHASE, CITIBANK & VISA recently completed their evaluation of Biometric technologies and prepared plans to implement biometrics in a big way. Citibank is testing eye-scanning technology on some 500 employees at its development test center. If the public accepts it and deployment makes business sense, eye scans could be incorporated into ATMs.

 

ING Direct-BACOB Bank

• ING Direct is providing finger-scan biometric authentication for online banking customers.
• BACOB Bank in Belgium is piloting voice verification for customer account access.

 

Western bank of Puerto Rico is using biometric technology to secure access to confidential information. The project includes new branch systems, integrated call center and a full virtual bank.

 

MasterCard is testing a fingerprint ID system at its headquarter, weighing its possible deployment on credit cards some day.

 

Omaha-based First Data Corp., which processes credit card transactions for about 1,400 banks and other financial services companies, uses hand scans to limit access to some confidential area. One of First Data's big customers, Minneapolis-based Norwest Corp. is exploring biometrics.

Charles Schwab and Co. is using a finger scanning system with employees at its head office to confirm to the requirements of the Securities and Exchange Commission.

 

InnoVentry Corp., a company developing the next generation of fee-based financial services and information access machines for the mass market by leveraging Internet and biometric technologies, announced a company milestone with its 500th cash management machine deployment in the U.S. The RPM(TM) Cash Management machine and its predecessor Mr. Payroll, offer secure cheque cashing, utilizing advanced facial recognition technology to identify the customer.
Since June 1997, when the first Mr. Payroll machine went "live'' at a convenience store in Fort Worth, Texas, the company has rolled out 500 Mr. Payroll and RPM machines in grocery and convenience store locations across the country, including Kroger, Circle K, H-E-B Pantry Foods, Wal-Mart, K-Mart, Texaco and RaceTrac.