June 11, 2015 -
Credence ID announced it has released a new set of mobile banking solutions and multiple deployments for two undisclosed banks in Colombia and Panama, enabling them to remotely and accurately identify customers prior to setting up new accounts and providing access to credit card services.
Using the combined solution, banks are able to onboard and provide services to new customers by sending bank representatives to their home or office to read their national identity credential and confirm their identity using their fingerprint.
The solution includes the CredenceOne Android-based device and SDK, combined with ADO Technologies’ ID Management Suite for Banking application.
The solution uses a new method of verifying the identity of the bank’s customer by using the card reading, biometrics and communications features of the Credence ID devices.
The Android-based device is designed to prevent the increasing occurrence of identity theft in the region as related to the delivery of financial services and products to the bank’s customers.
The solution quickly reads a range of smart credentials containing securely encrypted biometric and/or biographic data and then verifies the subject’s identity by matching them with a live scan of their fingerprint.
Additionally, the Android OS can be adapted by Credence ID partners to write their own applications depending on workflows desired.
Credence ID also announced it has been selected by Fleet Technologies to provide mobile biometric solutions throughout Nigeria for a new project in which it will deploy 1,000 CredenceOne devices to verify student identities prior to and during state-administered exams.
Students will benefit from the solution by receiving fast and efficient ID confirmations when entering to take exams while the administration can be reassured that the credibility of these exams will continue by nearly eliminating the chance of imposter test-takers .
“We are very pleased to have been selected by Fleet Technologies to partner on this important educational service,” said Bruce Hanson, president and CEO of Credence ID. “The identity of an exam-taker is crucial to the ongoing integrity of these tests and the associated credentials that go along with passing of an exam.”
Credence ID’s mobile biometric devices will be in place at each of the 1,000 examination locations when they take begin in Nigeria at the end of August.