Argentinian bank wins award for disbursement project with Lumidigm sensors

Lumidigm has announced that Banco Supervielle, a major Argentinian bank, has won an innovation award for a biometric identification project, which leverages Lumidigm multispectral readers.

The bank’s project is aimed at pensioners receiving monthly stipends. Pensioners scan their fingerprint to verify identity, and then are given the stipend. Specifically, the bank was given a FELABAN Financial Innovation Award at the FELABAN CLAB 2013 Congress in Miami earlier this month.

Lumidigm’s multispectral sensors are now being installed in 77 bank branches throughout the country in support of this project, and were provided to the Argentinian bank by its local integrator, TEKSOL S.A.

“This project represents an important step forward for a group of citizens who must show proof of life to collect their pension payments every month,” Juan Carlos Tejedor, Lumidigm Sales Director for Latin America said. “Lumidigm’s multispectral technology with its unique capability of reading fingerprints of older people on the first try will replace the previous tedious and slow process with one that is fast and fair to the senior citizen.”

In the first phase of the project, Banco Supervielle is enrolling 1 million retirees using enrollment stations and terminals with Lumidigm’s V-Series readers. A second phase is being considered that would extend biometric authentication to all of the bank’s customers to facilitate other banking services.

Lumidigm also recently announced that its V-series multispectral sensors had been deployed across the Baltimore/Washington International airport for tarmac access control. 

Article Topics

banks  |  financial services  |  fingerprint  |  identification  |  Lumidigm  |  pension