March 10, 2014 -
BIO-key International has announced that AEON Credit Services has deployed its fingerprint authentication technology for customer authentication.
Specifically, AEON has deployed the BIO-key fingerprint authentication solution for its customer support centers in Malaysia.
According to the company, AEON has integrated BIO-key’s technology to cut costs and reduce the frequency of password reset requests. It will also be used to protect access to 18 applications, including access to critical applications during non-traditional business hours, and to report user access and reduce staff social networking activities.
AEON is primarily involved in the issuance of credit cards and it currently has more than 29.76 million card members. It is one of the biggest credit card issuers and a leading consumer credit provider in Japan.
BIO-key worked along with its integration partner Dancom to deliver the authentication system within AEON’s IBM Security Access Manager for Enterprise Single Sign-On platform.
“This is an example of how IBM and BIO-key work together to deliver successful intelligent identity and access solutions to help increase the value to our mutual customers” Michael Loria, Vice President Business and Corporate Development, IBM Security Systems said.
“When we reduce the time to authenticate and migrate between transactions, we create a better user experience for the agent and the customer. Efficiency translates to better business and additional revenue,” Jim Skidmore, Senior Vice President Global Sales and Channel Development at BIO-key said. “We recognize that when consumers share personal or financial information with utility companies, credit service providers or retailers they’re vulnerable to identity theft. BIO-key technology vastly reduces the threat of identity theft, because employees understand that there is a secure audit trail for each and every action and transaction.”
Reported previously in BiometricUpdate.com, BIO-key recently added three new Directors to its board and appointed Mike DePasquale as Chairman.
BiometricUpdate.com recently had a chance to chat with DePasquale about his own priorities as chief executive, as well as BIO-key’s current trajectory. Read the full interview here.