Biometrics provide benefits to employees, customers, and banks when used for identification in banking. For employees, biometrics allow for fast, secure authentication with an audit trail and encourages accountability. Customers benefit from fast and secure transactions with increased convenience and security. Banks see reductions in fraud and security breaches through identity verification and prevention when using biometrics.
3. Biometrics are automated methods of recognizing bank
employees and customers through their physiological
characteristics such as fingerprints, finger and palm veins, iris
patterns, and voice recognition.
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Biometrics benefits employees
by providing more secure and
user friendly individual
identification using unique
biometric characteristics. Major
benefits include…
6. • Fast, secure, and user friendly
authentication
• A concrete audit trail of
transaction history
• Fast branch banking
• Encourages accountability and
productivity
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Benefits to Employees
8. Customers demand secure banking systems
that protect their individual identities.
Biometric identification answers the call by
providing banks the most accurate and
secure technology to identify customers.
Major benefits of biometrics in banking to
customers include…
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Benefits to Customers
9. • Fast and secure banking transactions
• Secure ATM customer identification
• Secure mobile banking
• Increased convenience and peace of mind
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11. Biometric identification technology is an integral and strategic
part of financial service security platforms to prevent identity
theft and fraud. The major benefits of biometrics to banks
include…
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12. • Reduction in security breaches
• Fraud protection
• Identity theft prevention
• Secure mobile banking app authentication
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Benefits to Banks
13. 1050 Crown Pointe Pkwy.
Suite 850, Atlanta, GA 30338 USA
Phone: (770) 393-0986
Fax: (678) 559-0219
E-mail: info@m2sys.com
www.m2sys.com
For more information on how to implement
biometric ID in banking, please contact us!
f
t
M2SYS
@M2SYS
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+M2SYS
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