FB pixel

Access Softek biometrics selected by credit union to secure remote access

For security and digital banking solutions
 

digital identity KYC security

Commonwealth One Federal Credit Union has entered a new partnership with digital banking technology provider Access Softek to secure customer accounts with biometrics.

As part of the new collaboration, Access Softek’s biometric and digital banking solutions will be deployed by Commonwealth One to enable its members to engage with their credit union remotely.

Commonwealth One will utilize Access Softek’s Real-Time Fraud Control and Biometric Authentication Manager (BAM) to provide credit union members with extra security via fingerprint scans and facial recognition authentication methods.

“Our members are our number one priority and right now they need the best online and mobile capabilities available,” commented Commonwealth One’s CEO Charlotte Cash. “We chose Access Softek because of the diverse array of solutions they offer and how all of the solutions work together seamlessly.”

Commonwealth One is not the first credit union to partner with Access Softek. Back in 2015, the firm partnered with Mountain America Credit Union to introduce its biometric capabilities.

“Consistent innovation is what keeps our credit unions at the forefront of security, revenue growth, cost reduction, member growth and member satisfaction through the digital channel,” said Access Softek CEO Chris Doner. “Commonwealth One is one of those credit unions on the cutting edge of innovation, giving members all the channels they need to engage in and be safe in a digital environment, all through our enterprise platform,” Doner concluded.

Last year Access Softek won the CUNA Technology Council’s Best of Show Award, for its biometric app’s integrating capabilities.

Article Topics

 |   |   |   |   |   |   | 

Latest Biometrics News

 

Michigan City Council orders comprehensive facial recognition policy for local police

In a move aimed at safeguarding civil liberties, the City Council of Ann Arbor in Michigan has taken a decisive…

 

Video deepfake fraud threat is real, helplessness is not: ID R&D webinar

Deepfakes have become a cause for common concern, with articles and viral posts warning of their power to deceive. Real-life…

 

Sumsub expands data sources to improve KYB

Sumsub has provided upgrades to its Business Verification platform aimed at tackling the common challenges that businesses encounter during the…

 

DHS reinterprets foreign worker fees to fund biometric border system

The U.S. Department of Homeland Security has proposed a way to fund its Biometric Entry-Exit program by changing the fee…

 

NIST adds flexibility, digital format to security requirements for federal contractors

The U.S. National Institute of Standards and Technology has updated its guidance for how businesses working with the federal government…

 

Cryptomathic is Belgium’s digital wallet mobile app security provider

Tech from Cryptomathic has been deployed in Belgium’s digital identity wallet, one of the first to go live in the…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events