HID Global reports strong biometrics adoption in Latin America
HID Global says that it is feuling biometrics adoption throughout Latin America, and especially in Mexico, ahead of the October 2018 deadline set by the country’s National Banking and Security Commission (CNBV) to deploy fingerprint identification technology across financial institutions.
“Banks, government services agencies and commercial entities in Latin America have embraced our biometrics solutions over the past decade because of their speed, accuracy, reliability and fraud-fighting capabilities,” commented Greg Sarrail, Vice President of Global Sales, Extended Access Technologies, Biometrics with HID Global. “Now we are helping to extend these benefits across Mexico’s banking infrastructure as part of a major initiative to curb identity theft.”
HID Global’s Lumidigm biometrics sensors are being used in Latin America’s retail banks, financial institutions and government agencies to improve the security of ATM and other transactions and create a better customer experience.
The trusted identity solutions provider also revealed that: more than 115,000 multispectral fingerprint sensors are deployed in Brazil to protect billions of ATM transactions per year, with nearly 80 percent of the nation’s ATMs used by over 85 million banking customers; financial institutions in Chile and Argentina have embraced HID’s technology to secure pension payments for over one million elderly citizens, and; HID’s multispectral fingerprint devices have helped eliminate fraud in Mexico’s national vaccination program and other healthcare initiatives that provide millions of underprivileged citizens with subsidies for medicine and medical care.
HID’s patented multispectral fingerprint imaging technology captures unique characteristics from both the surface and subsurface of the skin and works for a broad range of people with normal, wet, dry or damaged fingers, across the widest range of usage conditions. Its Lumidigm biometrics solutions also feature field-updatable liveness detection capabilities.
Earlier this month HID Global was recognized as one of the top ten providers of multi-factor authentication technology in the world by Enterprise Security Magazine.
biometrics | financial services | fingerprint sensors | Latin America