Mitsubishi, Hitachi, Aktif Bank partner to assess vein biometric authentication platform for Turkish market
Mitsubishi will assess the potential of a biometric authentication platform in Turkey in a feasibility study, along with a European subsidiary of Hitachi and Turkey’s Aktif Bank.
The three companies are forming a non-corporate entity called HMC Digital to perform the study. The companies note that increasing digitization has increased awareness of platform business models as a new type of social infrastructure.
Hitachi’s biometric finger vein authentication system VeinID Five and the company’s Public Biometric Infrastructure public-key infrastructure (PKI) product will be used in the study. The use of internal biometrics will minimize the risk of spoof attacks or aging-related misidentifications, according to the announcement.
Over the course of a year, VeinID will be deployed in services and applications from a range of trial customers, including financial institutions, government bodies and private enterprises across Turkey.
Mitsubishi has a strategic alliance with Calik Holding, the Turkish conglomerate Aktif Bank is a subsidiary of. The bank’s network includes more than 10 million customers.
When the business potential has been assessed, the partners plan to build a platform to centralize personal information management and identity verification, which can be connected to different applications and services to provide secure and convenient biometric authentication, with hoped-for economic and social benefits.
Vein recognition biometrics have been growing in popularity for a range of uses, including age verification in UK pubs.
Article Topics
authentication | banking | biometric identification | biometrics | finger vein | Hitachi | identity management | identity verification | Mitsubishi | PKI | Turkiye | vein recognition
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