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www.insightssuccess.in
Managing Director
2019 Volume 08 Issue 05| |
Matrix
ComsecTouching New Horizons with Premium Security Solutions
RECOMMENDED
COMPANIES TO WATCH IN 2019
MOST
THE
From the
Editor
e’re seeing a very rapid evolution from passwords to
Wsmart cards, and now biometrics”
We all love to watch the Hollywood movie series like 007 or
Mission Impossible. These movies are nothing but the
Hollywood version of biometrics consists of eye scanners,
fingerprint readers, facial recognition systems. But a question
arises, is it possible to apply such security applications to
business? A few decades back, these concepts were too
outlandish to be considered reality. In recent years, technologies
have dramatically evolved, making businesses more secure
around the globe. Today, almost every organization is using
verity of Biometric devices for security purpose.
Today, biometric technologies such as Fingerprint, voice
recognition, retinal scanners, facial recognition systems are
amazingly securing work place. Biometric technologies are
playing a pivotal role in securing the workplace against data
breach and theft. Biometric technologies are acting as access
control, securing the environment, both physically and digitally.
Numerous organizations are reaping the benefits of this
technology for a proper time and attendance tracking of
employees. On the other hand, the industry is facing challenges
in terms of employees’ privacy and security. Biometric
authentication in the workplace comes with the risks of stolen
biometric data and compliance risks. However, these risks can be
minimized by introducing strong policies in the organization.
Also most established biometric technology venders are taking a
proactive step to ensure employee privacy and rights.
Biometric authentication is a positive efficient process in the
workplace, but employers need to have a well-rounded
knowledge of biometric authentication and consider less visible
ramifications before the implementation of such a program.
Biometric:
Next-Gen
Authentication
Mechanism
Securing
Workplace
“
Abhijeet kakade
Abhijeet kakade
SME-SMO Executives
Circulation Manager Tanaji
Digital Marketing Manager Prashant Chevale
Technical Specialist Amar, Pratiksha
Co-designer Savita Pandav
Art & Picture Editor Rahul Kavnekar
Art & Design Head Amol Kamble
Associate Designer Poonam Mahajan
Copyright © 2019 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or
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August, 2019
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Cover Price : RS. 150/-
Editor-in-Chief Pooja M. Bansal
Managing Editor Devasish Kanojiya
Executive Editor Abhijeet Kakade
RNI NUMBER: MAHENG/2018/75953
Business Development Executive
Business Development Lead Joan Ranbhise
Manoj, Ketki
Khushbu Thakur
INTERVIEW WITH INSIGHTS SUCCESS
Matrix
ComsecTouching New Horizons with
Premium Security Solutions
CO
VER
STO
RY
Tech-trends
Tech-trends
Revolutionizing
Biometric Sector
ARTICLE
20
10
Zicom
On its Mission to
“Make Your City Safe”
22
Empowering the
Financial Sector of India
Tapits Technologies
32
CONTENTS
CamsUnit
Your Frontman in
the Biometric Industry
Securing your
Digital Identity
FRS Labs
Enhancing Digital
On-boarding
Process Efciently!
SIGNZY
18 3028
Star Link
Communication
Access Made Easy
36
Dening ‘Security’ Differently
Warden Security
Systems
38
io-metric industry is witnessing a tremendous growth and what can be a better way than recognizing the
Bindustry innovaters who are contributing distinctively in transforming the scenario of this sector?
In this edition, we introduce “The 10 Most Recommended Bio-metric Companies to watch in 2019” , in order to
assist businesses to choose the right companies. Assessing the scenario in versatile perceptions, our magazine has
brought light onto the companies, who are providing excellent bio-metric products and services in their respective
fields. This list showcases the best bio-metric solution provider that are benchmarking their presence in this sector.
In this issue, we have featured Matrix Comsec Pvt. Ltd. as the cover story. Matrix is one of the leading
organizations in the security and surveillance sector providing security and telecom solutions for the modern
organization.
CamsUnit offers the Web based API and cloud solutions to the biometric attendance and access control machines
for integrating them with Web Application directly. FRS Labs is a technology company specializing in customer
on-boarding (KYC), authentication and fraud prevention solutions for businesses. SIGNZY offers a digital on-
boarding solution for banks, NBFCs and other financial institutions. Star Link Communication is a pioneer in
providing solutions related to Attendance and Biometric Access Control. Warden Security Systems Pvt Ltd., an
ISO 9001-2015 certified organization has its major focus in manufacturing and distribution of various Access
Control & Entrance automation products and integrated solutions across various verticals .
We also have Zicom SaaS Pvt. Ltd and Tapits Technologies, as interview with insights success. Zicom is India’s
one of the leading company contributing in the Electronics Security Surveillance space for more than two decades.
Taptis is one of leading companies in India providing services to finance industry.
Our in-house editors have come up with adroitly crafted Article – Tech-trends Revolutionizing Biometric Sector.
It’s timetoflipthepages and enjoysafeand secureexperiencewitha readingpleasure!
Driving Security to the Next Level
THE 10 MOST RECOMMENDED
BIO-METRICBIO-METRICCompanies to watch in 2019
Matrix ComsMatrix ComsTouching New Horizons with Premium Security Solutions
‘
‘
secsec
Ganesh Jivani
Managing Director
COVERSTORY
“Biometric is certainly the most secure form of
Authentication, It’s hardest to imitate and duplicate” –
Avivah Litan
n today’s interconnected and digital world, the need for
Icreating a secure and safer environment is of
paramount importance. India’s growing population,
rapid urbanization, economic prosperity, and digitalization
are driving the need for creating secure and safer
environments, particularly in the Indian infrastructure
sector. Due to increased threats, it is imperative to mitigate
the risks to attain a secure infrastructure.
Nowadays, biometric technologies have become
mainstream and available for commercial adaptation.
Numerous biometric applications are securing home,
offices, schools, cities, and countries in an amazing way.
Companies have now realized the importance of biometric
solutions in the identification of the people. The need for
competent Security solution providers has been on the rise
in recent years.
Matrix Comsec Pvt. Ltd. is one such organization that
offers a comprehensive range of solutions for IP Video
Surveillance, Access Control, Time-Attendance, and
Telecom applications. All of these solutions are specifically
designed for large and multi-location enterprises, SMEs,
and SMBs organizations.
Established in 1991, Matrix is a leader in Security and
Telecom solutions for modern organizations. Since
inception, it is dedicated to deliver innovative, technology-
driven, and customer focused Security solution to its
clients. Matrix offers its products across the globe including
Asia, Europe, North America, South America, and Africa
through an extensive network of more than 2,500 channel
partners. The company has gained trust and admiration of
customers representing the entire spectrum of industries.
Over the years, it has won many international awards for its
innovative products.
The Genesis
Founded by two Computer Science Engineers, Matrix had a
humble beginning like most of the technology startups. It
started its journey as a product company with a single
product and employee. With an ambition of designing,
manufacturing, and marketing its own products across the
globe, the company designed its first product-PBX and
started selling in Gujarat. Growing with time, the company
expanded its product portfolio, markets, people,
infrastructure, and started offering a complete range of
PBXs and added Media Gateways.
The company was always looking for growth opportunities
by offering more solutions to the same enterprise
customers. Moreover, the company has added physical
security solutions to its menu of products and adjacencies
covering areas including - Technologies, Distribution
Network, and Customers.
With this strategy, the company added Biometric solutions
for Time-Attendance and Access Control applications to its
list of services in the year 2007. Later, the company started
working on IP cameras, Network Video Recorders, and
Video Management System in 2010. Within a few years, the
company has grown as a trusted partner for its customers on
account of its business acumen and dedicated efforts.
Leading Light of Matrix
First generation entrepreneur Ganesh Jivani is the
Managing Director of Matrix Comsec. With his strong
business acumen, Ganesh is charting the course for the
future of the company. He has completed his Engineering in
Computer Science from M.S. University, Vadodara. Later,
he worked for four years as an R&D Engineer before
‘
‘
THE 10 MOST RECOMMENDED
BIO-METRICBIO-METRICCompanies to watch in 2019
establishing Matrix. His areas of interests include product
management, marketing, and systems.
Under Ganesh’s leadership, the company is dedicated to
fulfill the needs of customers with its world-class
infrastructure, equipment, tools, and processes. The
technology business is all about People, Products, and
Processes. These three are the primary business drivers and
differentiators. Modern customers demand high-quality
solutions at optimum cost in the shortest time. Under his
aegis, the company gives maximum attention to these
aspects to ensure the best quality and customer satisfaction.
“The company’s culture is open, collaborative and
meritocratic. The company values its people but at the same
time also expect them to bring the right competence, skills,
and mindset to work. I believe today’s youth focuses on
their career and growth. They like the excitement of
working on challenging projects and learning if the
organization offers freedom and values their expertise and
commitment,” says Ganesh.
Cutting-edge Technology and Secured World
With around 40% of its human resources dedicated to the
development of new products, Matrix has launched
numerous cutting-edge products like IP Video Surveillance
Systems, Video Management System, Network Video
Recorders and IP Cameras, Access Control and Time-
Attendance Systems as well as Telecom Solutions such as
Unified Communications, IP-PBX, Universal Media
Gateways, VoIP and GSM Gateways and Communication
Endpoints. These solutions are feature-rich, reliable, and
conform to the international standards. Matrix’s Primary
focus is to develop solutions that are well-equipped with
cutting-edge technologies to deliver best-in-class Security
solutions.
Matrix’s products from all domains can be integrated with
each other. They can also be integrated with many third-
party solutions that are already deployed in the organization
to protect existing as well as future investments. The
company is catering its innovative products to numerous
large as well as small enterprises across various industries
‘
‘
including Manufacturing, Logistics, BFSI, Healthcare,
Hospitality, Education, Government, Defence, etc.
Garnering Trust across the Globe
Matrix believes to be an enterprise that places customers
and their needs at the forefront. Since its initial days, the
company is making concrete endeavors to win the trust of
its customers. Today, the company has created a worldwide
Network of 2,500 system integrators and 1 million
customers that trust Matrix solutions. Matrix caters its
products to more than fifty countries including USA,
Canada, Germany, Italy, Portugal, Spain, Australia,
Thailand, Vietnam, Philippines, UAE, Saudi Arabia, South
Africa, and many others. With an innovative approach, the
company has designed more than fifty world-class
differentiated products meeting international compliance.
Numerous Matrix products have won international awards
for product design and aesthetics such as iF Germany, Red
Dot Singapore, GOOD Design Japan, and India Design
Mark, etc. The company has also bagged many awards from
the government, business community, and trade fraternity.
Stand-out in High-tech World
Innovation is crucial, but flawless execution is something
which brings success to a company. The Security market is
flooded, and there are various organizations following the
same traditional practices. Having a unique proposition is
essential. Matrix stands out in this crowd on account of its
excellent product design, manufacturing, marketing, sales,
and support. With significant investments in Research and
Development, the company is dedicated to develop
innovative and cutting-edge products.
SUBSTANCE is the core value that the company lives by.
Everything from technology, applications, functions,
features, performance to flexibility, reliability, and support,
Matrix strives to offer substance.
Walking an Extra mile for the Customers
Matrix’s products and solutions are comprehensive and
highly-differentiated. Its professional’s starts customer
engagement by thoroughly understanding the client
requirements and ensuring product execution meeting their
needs. These solutions are feature-rich, flexible, scalable
and reliable. Matrix assures its customers with future
upgrades and support from its indigenous R&D and
Manufacturing. It offers 24x7x365 technical support for
prompt and sincere after-sales services. Matrix always
operates through a well-defined and trained channel
network consisting of consultants, resellers, system
integrators, and distributors.
A journey towards better Future
Matrix’s business is mainly driven by two prime movers:
cutting-edge products and market reach. With this
approach, the company is focusing on creating world-class
products in its domain. Progressing forward with a positive
approach, the company is dedicated to provide best-in-class
products to growing Video Surveillance and People
Mobility Management Market. Moreover, it is all set to
introduce cutting-edge and well-differentiated novel
products this year. The company is also building a channel
network and has invested in marketing, sales, and support
to expand its market reach.
Matrix is also expanding its channel network by appointing
system integrators in all the important markets in India and
overseas. The company strives to deliver cutting-edge,
high-performance Security and Telecom solutions to the
new-age and existing organizations.
‘
‘
‘
‘
August 201918
Your Frontman in the Biometric Industry
C
AMS aka CamsUnit, from Dheeram Innovations
Private Limited, was formed in 2016 with a team
of highly energized 25 employees, materializing
the innovative ideas by the innovation on everything it sees,
do and imagine. Pandi Periyakaruppan is the Founder
and CEO of CamsUnit. He is a visionary leader who
always thinks of new and unique technology products to the
world. Under his leadership, employees got the right
technology pathway to the next generation of Biometrics.
He has made the company’s revenue grow from zero to
crores of rupees.
CAMS is a pioneer and global leader in Biometric Research
and Development. It offers Web based API and cloud
solutions to the biometric attendance and access control
machines for integrating them with Web Application
directly. Earlier the company used to develop the fingerprint
based customized industrial hardware such as fingerprint
power switch. But with the coveted IoT(Internet of Things),
the customers demand rose to IoT enabled biometric
controllers which are expected to communicate with the
customer’s web application hosted at its server.
Distinctive Services
CAMS started making the IoT API enabled Fingerprint
Scanners, Biometric Attendance and Access Control
Systems as the products under its brand name. It delivers
Web API to integrate the biometric machine with any web
application. It supports to add/delete users in the machine
and transfer the users between machines, from the web
application.
The company offers white-label partnerships. The
complete cloud solution would run under our partner’s
domain with their logo, landing page and their contact us
page. It is generally a partner’s business
environment/portal where they can provide all our services
to their clients in their name. The portal would be created
in just 24 hours.
With in-demand mobile application to track attendance of
the employees or students, the company offers thin cloud
solutions with mobile apps supporting the plug and play
biometric attendance, leave management, and roster
management. The company also helps its clients with Web
API which helps to integrate its biometric machines with its
software products, helping to showcase its products as a
complete cloud based products.
The company also introducing Web API for Biometric
systems with GPS position tracking which communicates to
the server with users’ GEO position when the attendance is
recorded at the biometric device. Other than software
integration, the company has successfully integrated the
A pioneer and global
leader in the biometric
industry providing user
friendly solutions to its client
Pandi Periyakaruppan
Founder and CEO
THE 10 MOST RECOMMENDED
BIO-METRICBIO-METRICCompanies to watch in 2019
19August 2019|
iometric machines with Industrial machinery such a
bfingerprint power switch to record the person who
accessed the switch, Vending machines to allow the
users to use the vending machine only once per day and
Forklift vehicles to start by an authorized employee, etc.
Defying the Challenges
Challenges pave way to success. Unless and until the
company faces challenges, growth is infeasible. Designing
hardware which should be of global standard and accepted
one was the greatest challenge for CAMS. For the
company, it took 3 years to make its first product which was
finally launched in 2018. But with the help of rich expertise
in biometric industry, strong and innovative team of
engineers and the support of ZK biometric, the company
overcame the difficulty in creating budget friendly products
without compromising the quality and features.
The technology innovations that the company provides to
its customers and it’s world-class after sales support
brought the greatest value to its brand, overcoming the
toughest challenge of the company for creating trust in its
brand in the matured biometric market.
Itinerary for the future
Initially for the company it took months to get its first
client. But now, it just takes days to get the new customers,
hours to build a new cloud system for partners, minutes to
integrate biometric machines with any website, seconds to
get the reports and milliseconds for the attendance data
from biometric device to reach the customer’s server.
With dedicated teams in R&D, Technical Support, Sales &
Customer Service, CAMS is growing successfully, in terms
of product innovation and the quality service. In terms of
Business, the company craves to reach up to the heights.
The company aims to adapt new biometric features such as
Teeth reading, Skeleton structure, Hand geometry, Vein
structure of the backhand, DNA, Androgenic hair patterns,
Ear form/folds, Skull, Footprints, Body odor, Lip print,
Gait, Tongue print, Heartbeat, and Signature recognition.
To know more about the company visit - CamsUnit.Com
Tech-trends
Revolutionizing
BIOMETRIC SECTOR
August 201920
n this digital and interconnected
Iworld, Biometric technologies
have emerged as the most secure
form of Authentication. It is the
hardest technology to imitate and
duplicate. Today, around the globe,
biometric technologies are securing
businesses amazingly. Because of
biometric technologies, the world is
moving towards better security and
protection. The rapid growth of
biometrics research, interest of
consumers, and support of
enterprises and governments have
further aided the growth of this
industry.
Use of biometric technologies in
government operations have widened
the path towards security. Voice and
facial recognition are the future of
Biometric Industry. To deal with
problems such as money laundering,
tax evasion and fighting fraudulent
businesses, business and
governments have adopted various
forms of Unified Biometrics system.
Driven by the need of identifying
people in a better way and provide a
more secure environment for storing
personal belongings and information,
the advanced biometric innovations
have been making its mark in the
security sector in recent years.
Below are some of the trends in the
biometric sector that are disrupting
this industry like never before.
Facial and Voice Recognition
Today, advanced biometric
technologies are using sensors to
identify unique and special
characteristics of every individual
face such as the nose, cheeks, chin,
and contours of eye socket. This
advanced technology is effectively
used by numerous multinational
companies and governments.
Defence sector of numerous nations
are reaping the benefits of this
technology in securing their valuable
assets. Use of AI in facial
recognition has further strengthened
the security of companies and
organizations. Undoubtedly, voice
and facial recognition is the future
biometric technology in securing
world.
Biometric Single Sign-On
Current authentication methods can
provide the security which one wants
to attain. Password and pins can be
hacked. These biometric
technological advancements are on a
way to replace passwords and keys
currently. Biometric systems are now
protected against being forgotten and
shared, making it a perfect device for
the modern era. The security
advantages of the latest biometric
technologies are more effective than
the traditional /measures with a lower
cost of password management and
convenience of usage.
Mobile Biometric Technology
Use and application of biometric
technologies through mobile devices
is revolutionizing a wide range of
security facilities. In this technology,
one can operate a security system
with just mobile. Portable biometric
sensors or inbuilt devices are
installed in this and can be activated
through Wi-Fi connection or a USB
cable. In law enforcement, border
protection and identification of
corpses can be processed at extreme
speed with the help of this
technology.
Cloud-based Biometric Technology
The integration of mobile biometric
technologies with a cloud-based
solution can make the data get
processed even faster. The cost-
effectiveness of hardware,
application, and infrastructure in this
technology is much more than an
outdated process of data technology.
Multiple user access, fast working,
authentic information are some of the
reasons that made this technology
desired.
Recent trends in the biometric
technologies have to minimize the
risk of a security breach and protect
customer with innovative
technological solutions and methods.
With rapid advancements in this
field, new companies are coming up
with innovative solutions to provide
secure and convenient authentication
processes to the user.
Tech-trends
21August 2019|
Interview with Insights Success
icom SaaS Pvt. Ltd
Z is India’s one of the leading
company contributing in the Electronics Security
Surveillance space for more than two decades.
In the interview with insights success Pramoud Rao,,
Managing Director Zicom Ltd.of gave some insightful
answers highlighting the influences made by the company
to take to nextElectronic Security and Surveillance industry
level.
1. Kindly brief us about the company?
India’s topmost Electronics Security Surveillance
Company, Zicom is pioneer in security business for
more than two decades. Using our expertise and
market experience in the field of Electronic Security
and Surveillance, the company has come up with
many initiatives to make our country a safe place for
its citizens. The company has evolved itself as 360
degree Security Solutions provider by venturing into
IoT segment in year 2013.
Since then, Zicom has undertaken new technological
innovations which distinguish Zicom from its
competition. Zicom is the first company to integrate
IoT to the security industry in thefirst of its kind
Security and Surveillance industry to provide overall
Security Solution, while other security companies still
provide security products. Realizing the security
concerns of the country, Zicom took it on itself to
study the market and counter the security issues faced
by citizens. The company conducted an elaborate
research and conducted several surveys which led to a
conclusion that security is the biggest concern in
today’s time, as security was considered luxury and
not a necessity. The Corporate industry would
consider security mainly in the perspective of securing
their assets and not life while schools and housing
societies wouldn’t take any security measures at all.
2. Tell us about MYCS inception story?
In the year 2012, crime rate in India was on rise.
Kidnapping, street robberies, shoplifting, house-
breaks, shop-breaks, murders all these various crimes
were happening in the broad day-light and there was
no substantial way to grab the criminal.
While other security companies focused mainly on the
corporate and public sector for security, Zicom with its
path breaking range of products catered to various
industries being Retail, Banking, NBFC, Gold loan,
Cinema and more, apart from the corporate industries
and the public sector Zicom expanded its focus to the
overall security of its citizens and spread out to their
houses, their workplaces, schools, colleges and even
public places.
Zicom realized that our society typically believes in
securing all their assets, but personal security usually
takes the back step as no importance is given to
securing or insuring their homes or lives. Many feel
that they are absolutely safe in their homes / vicinities
& housing societies. However, there’s very little that
can be done once an incident takes place. Keeping the
country’s and its citizens’ safety in mind and to
safeguard them against the horrifying stories we hear
in the media day in and day out, Zicom initiated
Mission “Make Your City Safe” (MYCS). MYCS is
one of the most popular innovations initiated by the
company on January 26, 2012, as a social safety
initiative.
August 2019|22
“Zicom has always been at the
forefront of Technology. We
initiated MYCS “Make Your City
Safe” to make the citizens of our
country safe and secure, through
the architecture that protects
buildings, homes & citizens all
year round. With mobile
penetration at its peak, we also
provide ‘Safety on the Go’
through our citizen safety
emergency response app ZIMAN
backed 24*7 by our Zicom
Command Centre”
3. Can you illustrate the functions of “Make Your
City Safe” driven by Zicom SaaS?
Zicom looks at bigger picture when it comes to
securing people at their homes and societies. MYCS
started offering Security Solutions at Zero
Investment: Zero management which not only helps
housing societies but also caters to row houses, gated
communities, villa bungalows and residential
complexes. Apart from that, MYCS also offers
Security Solutions to other segments like Educational
Institutes, Hospitals & Health Centers, and
Hospitality Segment & Entertainment Centers.
Moving up from being known as one of the best
Electronic Security Company, through this
innovation in Electronic Security Zicom is the only
company that offers Security as SaaS “Security as a
Service”.
MYCS initiative initially was to make people aware
that security is not just for large corporate,
government institutions, banks and so on. Security is
also a very important and necessary factor for us
commoners too, through MYCS Zicom realized the
gap in personal safety, where people had zero
technical knowledge about:
Pramoud Rao, Managing Director
23August 2019|
· What kind of cameras to use?
· Where the cameras should be positioned?
· What’s the best cost?
· How to maintain the hardware and software of a security system?
· How expensive the Annual Maintenance Cost would be?
Considering all these factors, Zicom SaaS launched MYCS service model, where all the customers had to do was pay a
minimum monthly service usage charge and this cost would be applied as per their usage rest was taken care by the company.
4. How does MYCS functions / operate?
“Express your desire to be safe, and MYCS gets it done for you”
Unlike the outright CCTV dealers in the market, MYCS does not just provide cameras for your security needs, instead
provides an overall security solution customized per your security needs. Team conducts a security risk survey /
assessment and provides you a solution layout.
The below mentioned unique features of MYCS gives you the power to deploy best Security System in your Society /
vicinity
Ø Security Solutions at Zero Investment : Zero Management : Zero Maintenance
Ø IOT (Install – Operate – Transfer) Based System Ownership
Ø Free replacement of faulty hardware (Monitor, HDD, Adapter etc.)
Ø Risk Free Ownership with Comprehensive AMC
Ø No Technological obsolesce
Ø OPEX payment model with easy payment options and high loyalty discounts
Ø Alerts you on Hard Disk Error, Illegal Login, Video Loss, Communication Failures
Ø CCTV solution with System health monitoring which provides 24/7 service support backed by Zicom Command
Centre –taking a proactive approach for any security solution failures to avoid downtime
Ø MYZICOM – Service & Bills Management App for convenient communication
There are cameras recording everything around you 24/7. You can access your security footage from your mobile or laptop /
computer, at your convenience.
5. What is the unique selling proposition of MYCS or the unique feature?
Zicom Command Center is a game changer for the company as well as the security industry in so many ways. Zicom is
the first company in India to have its own Command Centre (based in Mumbai) which is now one of the most referred
Command Centers in the Security Industry. It is the distinguishing feature that helps Zicom SaaS to provide innovative
solutions revolving around IOT & unique security and service concept.
Zicom Command Centre features the System Health Monitoring and Live monitoring of Premises, proving to be the best
monitoring centre especially for Housing Societies, Institutes, Banking & Finance Sector & Retail industry.
This is how System Health Monitoring (SHM) feature of MYCS works:
August 2019|24
6. What additional benefits MYCS provides to its customers in this business association?
Zicom provides remote managed services with three tiers of security like hardware, SHM & Live monitoring of Premises
and immediate response 24*7, all contributes to a holistic end-to-end security solution. Zicom assures working CCTV
systems 24/7 with zero down time.
Our experienced and well trained Security Officers stationed at the Zicom Command Centre operate with agility as soon
as they detect any faults or failures in the system or any kind of security and safety breach. As a user you receive alerts
on your mobile if anything seems wrong.
Apart from the above mentioned benefits, Zicom provides you 30 days recording, remote monitoring, and broadband
connectivity. As a customer, you also get free replacement, free maintenance, free software upgrades, failure
notifications, hard disc alerts, video loss, camera masking, illegal camera tampering, power cable disconnection and
other such services to cater to all your security needs.
Mission “Make Your City Safe” aims to provide a secured environment to citizens by equipping them with high-quality
CCTV systems and security services with 24/7 surveillance and technical support.
7. What can be expected from your company in the upcoming years? Brief us about the future and vision of the
company?
Being in the industry for two decades and the first Indian Electronic Security Systems company to have gained a number
of achievements and won multiple awards in such a small span of time, the company is set to bring up more innovations.
Zicom intend to spread their security span Pan India and support their initiatives with better technology and innovations
to help the society. With MYCS, Zicom also touches the social aspect; the thought is to make your city and the
surroundings safe. Although the company already has its presence all over India via its distribution channel, MYCS is
currently present in 4 cities Mumbai, Pune, Hyderabad & Ahmedabad with a vision to expand across the country as well.
In the 6 years of “Make Your City Safe”, the service has helped to safeguard more than 4500 buildings in 4 different
cities. Their aim is to provide the best and unique security solutions for the safety of the citizens.
25August 2019|
Securing your Digital Identity
In establishing a person’s identity, the use of
Biometrics technology seems to be unmatched.
Consistently evolving, it has moved from just
fingerprints used in forensic applications to face, veins,
voice, gait, and even distinct heart rate to uniquely
identify and authenticate individuals for all sorts of
applications. And this unique characteristic – either
individually or in combination – is now being widely
used to create a secure way to safely verify a user for a
variety of services. Capitalizing on the inimitable
properties of biometrics is FRS Labs, an award-winning
research and development company focused on digital
identity verification (KYC) and customer onboarding
solutions for consumers and businesses. Its flagship Atlas
AI platform uses advanced deep learning and computer
vision technologies for accurate ID scanning (OCR),
face biometrics for authentication and video verification
including voice biometrics for non-repudiation.
The Launch Pad
It all started in 2011 when the company built a fraud
detection product in the telecom space in partnership
with Vodafone Group. From detection, it moved to
prevention with the launch of their prevention product
Atreus which is still running. With the digital push in
India, it looked at the entire onboarding process to both
automate and digitize it. Face and voice biometrics
played out as its building blocks toward the Atlas AI
platform and it added the OCR capability followed by
video verifications. The latest addition to its armour is
KYZO, a personal digital KYC vault that allows citizens
to securely store their identities in their own device
which can be shared online and offline easily. It’s a novel
way to hold one’s physical IDs in digital form that can be
shared online or offline seamlessly.
FRSLabs kept improvising with the help of feedback
from early clients which helped it validate and refine the
products. The insane hours that the team put in to make
customers happy at early stages seem totally worthwhile
looking at the rewards it is reaping right now. It has since
won several competitions and is recognized across the
globe. The first one from TiE Bangalore was special
followed by the accelerators organized by the Canadian
Government, Yes Bank and Societe Generale Bank. Most
recently it won two back to back FinTech competitions
in Abu Dhabi and Cairo for its innovative customer
onboarding (KYC) solutions.
The Driving Force
At FRS Labs, Shankar P., the Founder and CEO is
also the chief disruptor pushing engineers out of their
comfort zones and setting the roadmap to take FRSLabs
to serve a billion people by 2025. Many a time, the
Engineers claim it’s too complex when they look at a
bigger problem only to amaze themselves that they have
a working product a year later – a simple approach of
breaking everything down to smaller problems which
then becomes within reach to solve. Shankar ironically
doesn’t consider himself as a leader. He believes that
August 2019|28
Our goal is to provide
a safe and private
digital identity for every
user on this planet.
small teams act as small movements driving change:
certainly not in giant leaps, but one step at a time. He
often tells, “There’s nothing wrong being slow, but we
need to make fewer mistakes in order to be fast.”
Hurdles on the Way
Two key challenges for biometric applications are
security and privacy. Taking the case of Aadhaar, which
revolutionized the delivery of welfare and services
through biometric authentication, it now takes just a few
minutes to obtain a SIM card through biometric
verification. However, it is done by the state with a
central repository holding all of the biometric
information – albeit with the highest possible protection.
In the wrong hands, it can cause devastating economic
and civil liberty issues for an entire nation. The company
believes that despite the challenges, the opportunities are
just too great to be brushed aside. And these
opportunities will genuinely transform the lives of
millions in the years to come. A billion people in the
world currently lack a formal ID and about 3.5 billion
people have some form of ID but have limited use in
both online and offline world (ID4D Database). And with
such large gaps, there is a lot that can be done and
biometric technologies combined with privacy stands at
the crosshair of an identity revolution.
Meanwhile, FRSLabs faces the other kind of challenge
in the market, that of being a start-up. More often than
not clients don’t fully understand the benefits of working
with start-ups. One of the biggest advantages is that it
jumps straight into the action, cutting across hierarchies.
A single person acts as product specialist, coder,
technical lead, project manager and so on to move things
faster – the buck usually stops with one person who sorts
things out for customers – despite the plethora of people
and processes involved. And the decision making is also
fairly fast; if a client needs something and if it fits within
our overall roadmap, it gets done fairly quickly – and
often for free. And customers usually get a lot more than
what they pay for.
Envisioning Future
All that said, FRS Labs is making it a point to provide a
safe and private digital identity, make it a public good
and touch the lives of a billion people in the coming
years. Shankar adds, “The population in 10 years will
grow to 8.5 billion (UN report) with people in the age
group 15 – 60 forming the largest demographic group.
And over half the people (4.5 billion) do not have an
identity or have one that can be used seamlessly offline
and online, so there’s a long way to go to bridge the
physical-digital divide. And this really is our vision”
Shankar P.
Founder and CEO
THE 10 MOST RECOMMENDED
BIO-METRICBIO-METRICCompanies to watch in 2019
29August 2019|
Enhancing Digital On-boarding Process Efficiently!
The digital frontier nowadays has seen
tremendous growth in terms of technological
advancements and ground-breaking innovation.
Biometric technology in smartphones has been widely
popularized and has made an incredibly powerful yet
disruptive form of apparatus, accessible by millions.
Features such as voice recognition and one touch
fingerprint sensor, has revolutionized the mobile phone
industry. In lieu of user experience, these functions have
made a lot of difference in case of accessibility with ease
of operation. Surfing the same tide, the banking sector is
also looking for an unprecedented growth with
introducing and implementing biometrics in its
existence. Leveraging facial biometrics, in form of
videos is set to revolutionize the banking industry.
Embracing and advancing with this tide of biometric
technology is SIGNZY. It is a fin-tech startup offering
digital on-boarding solutions for banks, NBFC’s and
other financial institutions. It was Co-founded by Ankit
Ratan - Product Head, Ankur Pandey - Head
Engineer and Arpit Ratan - Business Development
Head. Graduates from IIT, both Ankit and Ankur are
experts in data-science and app development. Arpit is a
corporate lawyer who channelizes his knowledge of
financial regulations and expertise in working with
statutory bodies for the company. “We believe in running
and growing our business with utmost integrity and
honesty without losing the vision,” says the trio.
Genesis & Operations
SIGNZY was established in 2015. The concept behind it
came from the personal experiences of the co-founders
dealing with the banks like individuals as well as startups
(with the previous companies). “We noticed that the
whole banking was going digital, yet the compliance
function within the banks still remained very manual and
paper driven,” adds Ankit. It was observed that banks
were spending a lot of time and resources in carrying out
functions like customer on-boarding and back office
operations. All of which, could have been automated
with an AI for better output. Hence, to solve this problem
prevailing in the banking industry, SIGNZY was born.
In a bank, a primary customer on-boarding process takes
an average of 7 days. SIGNZY can enable account
opening in real time through its AI-based decision
making engines and back office tools. Without any
delays or waiting, an AI is more efficient, accurate and
insulated from human frauds. “We have been able to
completely automate account opening even for a
company, which used to take a month earlier,” claims the
SIGNZY team. For enabling this, the company has spent
last three years investing in a lot of R&D into its
computer vision tools. It is said that, these tools have
ability to recognize documents, detect forgery and
replicate the eye-balling process at the back end. Also,
the team has spent a lot of time ascertaining the process
at the banks. Now, the automated decision making
engines are capable of using hundreds of risk rules and
algorithms customized to individuals, proprietors,
companies and partnerships etc. All of this to help in real
time decision-making.
Currently, SIGNZY has products focusing on two major
areas in the BFSI industry that are considered costly and
time-consuming. They are REALKYC – the KYC
August 2019|30
Make On-boarding simple
and quick, Empower your
regulatory processes
using Artificial Intelligence
process and back-end operations and ARI – Algorithmic
Risk Intelligence along with Digital Contracts.
The Complications
“One of the most pressing challenges for banks is to
adopt the use of biometric authentication to ensure
frauds are prevented and security isn’t compromised,”
tells the SIGNZY team when enquired about the
challenges pertaining to biometrics in banking industry.
There is a constant shift of customers practicing
conventional banking to digital banking. Banks will have
to keep a strict check for preventing security breaches
and frauds. This could be attained only when banks
consider adopting biometric authentication aggressively.
Banks need to upgrade their current systems and
protocols to adhere with the opportunities available
through the application of advanced biometrics.
Making a Difference
Working with all the major private banks, SIGNZY
today has enabled over 60 financial institutions for
making their customer on-boarding process digital.
“Some of the products, that we have around for detecting
image fraud and video fraud are the best in class in the
world,” boasts the SIGNZY founding trio. The company
thinks about compliance first, before it considers the
products. For its partners, the firm has sorted adherence
to compliance in a seamless way. To ensure that the use
of its products by the end customers meets the regulatory
norms and consent requirements, the firm invests in a lot
of resources.
SIGNZY has won several prestigious awards since 2016.
It won RBI’s award for most Innovative Payment System
Solution (PSIC 2016) organized by IDRBT (July 2016).
Further it bagged the IAMAI Most Innovative Fin-tech
Data Solution Provider 2019. Also, Governance Now
Award for fastest growing Fin-tech Company of the Year
2019 was bagged by the company. Achievements like
featuring in Amazon Top 5 AI Emerging Startups 2018
and receiving an award at Indywood Awards 2018 were
few of the highlights portraying SIGNZY’s success.
Eyes on the Prize
“Our products are focused and tailored to suit the needs
of the banking and finance industry, which is a large
segment and we plan to remain focused on it for the near
future,” opines the SIGNZY co-founders. As far as the
future plans go, India will continue to be the company’s
primary market. But now, the plan is shifting towards the
markets like Middle-East Africa. It’s expected to have a
huge opportunity for growth in the future.
Ankit Ratan
Co-founder
THE 10 MOST RECOMMENDED
BIO-METRICBIO-METRICCompanies to watch in 2019
31August 2019|
n the interview with insights success, Pratyush Halen,
ICEO and Founder of Tapits Technologies, gave some
insightful answers highlighting the influences made by
the company to take finance industry industry to next level.
1. Kindly brief us about the company and what kind of
products and services the company provides to their
clients.
a. Tapits Technologies is a collective of people from
various domains, viz. Technology, Banking and Fintech
with a combined experience of over 50 years in the
development of financial and banking technology,
b. Our company, under its brand, Fingpay, enables the 1.12
Billion Indians to be a part of the Indian Banking and
Financial system and helps them go cashless and
paperless while making Payments or while accessing
Loans, Insurance and financial products, just with the
touch of a finger.
2. How biometric technologies are creating secured
world?
The increased use of mobile smart devices for financial
transactions has prompted banks, payment providers and
regulators to demand increased levels of security and
identity assurance to provide better protection against
fraud. Passwords and pin codes are slow and not as
secure. There has been a steady increase in data breaches
in the last 2 years, prompting payment providers and
financial institutions to explore more secure modes of
authentication. Biometric authentication helps address
this problem. Acting as strong authentication to secure
online transactions, biometrics also increases customer
trust and improves reputation. Below are problems
biometrics can solve for financial service firms:
I. Fraud Reduction: Biometric authentication allows
financial firms independence from passwords, PINs, and
tokens, which are susceptible to hacking. Biometrics are
unique for every individual and in a world where
hackers are becoming increasingly sophisticated,
biometrics allows financial institutions to prove, beyond
a doubt, who is requesting access.
II. Convenient Authentication: Industries are using different
means of bio-metric authentication, based on their line
of business e.g. voice recognition for securing the
contact center channel, fingerprints for mobile payments,
facial recognition for remote customer registration and
iris for digital payment authorization. Each method
serves as a convenient, frictionless solution to customer
authentication while providing multi-factor
authentication.
3. What are the Challenges and opportunities in the
deployment of Biometric Technologies and how likely
they are deployed in the future?
a. Some of the challenges faced with Biometric
Technologies are as follows:
I. Breach is irreparable: Though biometrics is more secure
than passwords, and harder to replicate, a security breach
is irreversible. We can change passwords, but can never
change biometric data
II. Secondly, mass market biometrics are device dependent.
This limits the usage.
b. Some of issues faced on field include dependence on
reliable network connectivity and mismatch in
biometrics. This hinders the ability to use the system on
a larger scale.
4. Kindly tell us about your inception story.
The need for developing simple yet powerful products
targeted towards the underserved and unbanked triggered
the inception of the company. The team had the vision
for the future and the idea of implementing biometric
based payments was perceived in 2016 when no industry
player was implementing it. The company brought the
product to market in just 2 years. The product connects
the corporate and last mile customer with the services
which would help them uplift and get plethora of useful
services which will give them access to market, credit,
technology, banking, innovations etc.
Problems that we are trying to solve through our
products and service, for the Rural and Semi-Urban
populace are:
Empowering the Financial Sector of India
TAPITS
T
August 2019|32
Interview with Insights Success
33August 2019|
1. Easy Access to Banking points
2. Access to Micro Finance
3. Access to other financial products such as Insurance
4. Autonomy to make hassle free Utility and Bill Payments
5. Collections of EMI, Payments, Cash Management
5. Brief us about the Founder/CEO of the company?
What kind of ethics, principles and manner of
working does he/she observes while running the
business?
Pratyush Halen, CEO and Founder of Tapits
Technologies, has a Bachelor’s in Computer Science. He
started his career with Amdocs as a software designer. At
Amdocs his team won the Amdocs Innovation Contest
for developing a USSD based solutions for the rural
sectors in India. This win fuelled his desire to start his
own venture and work in the direction of servicing the
rural sector of India. InApril of 2016, along with
Anuraag Agarwal, he co-founded Tapits Technologies
Pvt Ltd, a biometric based payments application. Since
then, Pratyush has come a long way in creating a suite of
banking products and services while juggling the
expectations of multiple Banks. As the team grew to 22+
members, the daunting responsibility of creating internal
growth has been a major role in his profile.
6. Mention some of the awards, achievements,
recognitions and clients’ feedback that are notable to
you.
Over the last 3 years, Fingpay has won the following
accolades:
a) Winner HDFC Bank Innovation Summit 2016
b) WInner Axis Bank payment hackathon 2016
c) Winner Fintegrate Zone 2017
d) Next Big Idea contest (Zone Startups) 2017
Fingpay was featured in the following articles/news
a. CNBCAwaaz(https://www.youtube.com/watch?v=FDeK
VLLFQ8M&t=4s)
b. ICICI Bank’s Investment in Fingpay was featured in
prominent news papers such as, Economic Times, Mint,
VC circle etc.
c. Fingpay’s work with Cashless Catalyst was featured by
Yourstory (https://yourstory.com/2018/06/five-startups-
taking-fintech-last-mile)
Fingpay was invited to share our experience and
challenges in our endeavour towards bringing about
Financial Inclusion by:
a) The Hon. Secretary and Hon. Joint Secretary, Ministry
of Electronics and Information Technology
b) Associate VP, NPCI on multiple occasions
c) Sa-Dhan (Microfinance SRO) on multiple occasions
7. Kindly brief us about your strategies to tackle the
competition in your sector. What steps are you taking
to ensure that you continue to grow and develop?
a. Develop new markets by Extending services to other
sectors such as retail and ecommerce players
b. Diversify portfolio by Building a customer application
for demand creation where rural customers can order
banking and related services at doorstep.
c. Increase penetration by Upselling and cross selling
financial products to business correspondents and
customers such as
I. Working capital for the retailers
II. Credit facilities for the customers
III.Institutional lending to MFI segment through larger
banks/ NBFC’s
d. Build traction by providing Cash flow predictions and
advanced analytics for institutions using the data being
generated on Fingpay platform
8. What are the benefits gained by your clients while
doing business with you?
a. Fully automated solutions from Payments, settlements,
reconciliations, MIS,
b. Chargebacks, exception handling, self on-boarding.
c. Reduced collection costs in the range of 1-1.5%
compared to the conventional collection model of
lending institutions.
9. What is USP of your company?
a. Ready to use plug and play tech platform with 50K+
merchant points for collections from rural / semi-rural
areas.
b. Strong industry presence with 25+ institutions like
microfinance, NBFC’s, small finance banks, larger banks
which are deeply integrated with Fingpay
c. Captive Customer base to offer various products across
the customer’s life cycle
10.What can be expected from your company in the
upcoming years? Brief us about the future vision of
the company.
Company plans to revolutionize the payment collections
in India solving the logistical inefficiencies in the
system. With it’s cutting edge technology and creating
value for all stakeholders, it is expected to change the
system of payment collections in rural and semi-rural
areas.
August 2019|34
August 2019|36
Biometrics, a word which has been thru every
human ear in today’s world is shaping a new
cornerstone in almost every territory across the
globe. Biometrics has revolutionized the way
authentication, identification and access control is done.
Biometrics system has proved its metal in every stage
giving minimum time for 100% guarded, convenient, and
impeccable verification. one of the most fruitful added
advantage we have got with this unique ID is the feature of
linking every account with this ID which ensured that our
entire data is being protected and is under government
survellience tieing the last knot in the direction of public
security. one can definately support the fact that biometric
technologies are the next name of creating a secure world.
Helming this technology and proving itself to be the
pioneer and leader in providing solutions related to
Attendance and Biometric Access Control is Star Link
Communication Pvt. Ltd. With the sole motto to provide
solutions quenching requirements of the clients, the
company has served over eight thousand clients and is still
counting. Incorporating the demands of the client, it
provides solutions that are cost-effective, efficient, and
requirement-specific, thereby leading to customer delight
and reduction in the administrative cost.
Journey So Far
Star Link was first associated with the Telecom Industry
Market in 1996, the journey started when the Managing
Director, Vipin Yadav, first came up with the theory of
Call Conferencing. An electronics engineer and a veteran in
the industry, Mr.Vipin’s theory was not merely an idea but
ended as the first Conference Calling Equipment to be
approved by the Indian Government. His innovative attitude
and technical approach led Star Link to establish milestones
with biometrics & access control systems and cater the
nation with attendance solutions. The company now serves
almost all the sectors of business like Public Sector Units,
Banking & Finance Industry, FMCG, Real Estate,
Hospitality, Production Units, Iron & Steel Industry and
many more.
Shining Star in the Industry
Star Link Communication has been awarded as “Best
Company” by ASSOCHAM for the year 2017 and 2018 in a
row for innovation and technology. With so many national
and international brands in the industry vying for the top
slot and claiming to offer superior products this indeed
speaks volumes. The company has closely observed and
knows that a customer looks for not just the product but
complete solution like associated software, on-call support,
warranties, and after-sales services among others. Star Link
has emerged as a powerhouse for all attendance solutions
and when they say the word “ALL”, they promise it.
It aims to showcase the world with the absoluteness of
biometric technologies, growth in biometric authentication,
and improving the metrics to sense the human
characteristics in quicker time. To achieve its objectives, it
has set strict parameters of checking the quality and
efficiency of its products at each/every stage. It provides
after-sales services along with the supported software and
codes by biometric identification processes, and monitoring.
Researchers and developers are trying to swirl technology
with single touch comfort which will turn into a reality
through introducing biometric solutions. The need for
biometric has reached to an extent where a single touch of
one’s finger unlocks the smart phone. Soon, technology will
showcase how only gestures and biometrics of a human
body will be responsible for vivid identification processes
in various fields. These facts and news highlight that
biometric technologies definitely holds the key to the future
with them.
Vision Ahead
After biometrics, Star link now aims to provide solutions on
the fingertips of Hrs with their Payroll Software System
which will break all the barriers to make precised & well-
structured salaries for the employees. The witty payroll
software system will be a one-click solution to calculate
different deductions and additions like ESI, PF, TDS, TAX,
Loan advance etc. This software also helps in ‘Dues
Clearance’ at the time of resignation of any employee. Also,
the firm is in the final groundwork to make people
experience virtual office from anywhere in the world just on
a tap of one’s finger over the smart phone. Company is
developing a Time Web App to provide easy access to all
the employees through their smart phones in managing their
attendance, leave management, working hours, and
overtime. All these would be accessible from any corner of
the world.
We have been restless
in our pursuit of the latest
technology, the highest
quality and the most
user-friendly products
Vipin Yadav
Managing Director
THE 10 MOST RECOMMENDED
BIO-METRICBIO-METRICCompanies to watch in 2019
37August 2019|
accessories eliminating obstacles faced by the departments
during capturing working hours leave management,
overtime management, and salary calculations. With a
uniquely independent R&D capacity, it designs, develops,
manufactures, markets, and sells its products efficiently. It
has full control over the entire supply chain thus it can
design with the end product in mind and ensure that only
the best quality products reach its customers. Star Link is
trying to implement some more technologies in their
systems and solutions which will be fruitful for the industry.
Overcoming Challenges with Technology
The global market for biometric technology will grow by
19.5 per cent CAGR from $14.4 billion in 2017 to reach
$59.31 billion by 2025, according to a new report by Grand
View Research. These digits are a window to the
opportunities that lie ahead, but not without challenges.
Progressing towards a safe and secure biometric world,
deadlocks and challenges need to be encountered. Data,
being vulnerable, needs top-notch data handling techniques.
There are different challenges in terms of biometric
mobility, easy access to data sharing and authentication,
duplicate data, correct vital information data entry for
particular human being and the list can be long. Infant
biometrics too is a challenge that needs to be addressed.
Evolving technology here is the key to tackle these
challenges. The world is now being connected by wireless
technologies, numbers replaced by touches, identification
Warden Security Systems
Defining 'Security' Differently
Warden Security Systems Pvt Ltd., an ISO
9001-2015 certified organization has its major
focus in manufacturing and distribution of
various Cliometric Access Control systems & Entrance
automation products and integrated solutions to system
integrators, software developers, and product resellers.
With an experience of more than a decade, Warden Security
Systems establishes the availability of the same with
customized ready-to-use applications on various platforms
and multiple technologies for security and convenience. As
an independent supplier of integrated solutions for various
applications, the company has been working in close
association with world leaders of the technology to provide
the best and cost-effective products to its customers.
Warden is also amongst the first few companies which
designs and manufactures IoT controllers and Fingerprint
access controllers based on the different requirements of the
users. Warden is also working with various application
development companies to provide a complete integrated
solution be it simple access control or complete premises
management solution.
The Big Picture
With technology infiltrating every aspect of modern living
and our world becoming increasingly digitized, protecting
confidential information is becoming all the more difficult.
Passwords and keys were once considered sufficient to
provide data security but now they look increasingly feeble
in the face of sophisticated hacker attacks. In fact,
passwords are the weakest link in an organization’s security
system. This is mainly because they are shareable and even
those with strong entropy can be cracked by a variety of
methods and combinations.
The recent reports of network security breaches and identity
thefts further affirm the fact that a strong authentication
method is the need of today’s time. This has put the focus
on biometric security as it is the only effective way to prove
an individual’s identity. Biometric traits are inherent and
unique to each individual and comprise of physical and
behavioral characteristics such as fingerprints, face, iris,
gait, voice etc. Therefore, biometric security systems can
verify an individual’s identity with utmost accuracy and
reliability since biometric traits are part of the individual’s
being.
Challenges in the deployment of Biometric technologies
have reduced over the past few year, thanks to advancement
in the technology. However, the real challenge lies in
effectively managing the biometric data and the security
concerns involved during transfer and deployment of such
data across different platforms and verticals. The
opportunities lie in successful integration of such data
across various applications to make biometric a unique
single identity and for a complete integrated solution
The Inspirational Force behind Warden
Varun Sachdev – CEO of Warden Security Systems, has
helped the company to grow from a start-up to a leader in
biometric technology and the entry automation system’s
industry. As a CEO, he has spearheaded many strategic
partnership initiatives and played a crucial role in the
company’s product development roadmap. Varun is
responsible for overseeing business development and
marketing activities, building partnerships, government
outreach, and providing senior leadership on business &
policy issues.
His vision is to develop an insightful and technology-driven
business matrix where success is a process and their
esteemed clients are partners in growth. “No customer is
small to us and we have a product or a solution for
everyone. We have been constantly adding new products
and on latest available technology to further enhance our
product portfolio,” says Varun.
Innovative Services and Solutions
Warden Security Systems by its products & solutions makes
security more convenient, accurate, and reliable than ever
before! Using biometric technology, Warden enables
businesses, global organizations, and borders to simplify
identity management, resulting in improved safety, and
protection.
Providing ready stocks of various smart cards, readers,
August 2019|38
No customer is small to
us and we have
a product or a solution
for everyone
scanners, and accessories for testing, evaluation,
satisfactory pre-sales, and post-sales support have been the
key to their success. This has enabled system integrator,
software developers & product re-sellers to successfully
integrate the emerging technology products with their
solutions to provide timely delivery to their clients saving
both time, effort, and in turn gaining a satisfied client to
their ever-growing client list.
At Warden, each customer and every project is catered to
with utmost care to meet their requirements at each level of
the project. Warden happens to be a biometric master when
it comes to protecting your privacy from others. It uses
fingerprint, iris, and behavioural biometrics. Moreover, it
provides a wide range of products to its customers such as
biometric fingerprint enabled time attendance system,
Access Control Systems, entry automation systems,
Aadhaar enabled devices, etc.
Team Warden acknowledges each of the client’s issues and
do a thorough research and provide a solution, which can
serve their purpose for years to come and thereby cutting
down on their cost in various sectors of Human Resource
Management across the company.
Designing & developing innovative products based on
complex set of technologies has given Warden an
experience to work on wide range of platform like Web,
Mobile, Desktop & Embedded. It’s amongst the global
companies which have the abilities to understand client
requirements and then Design both Hardware & Software
on a wide range of platforms for Identification, Automation
& Tracking applications.
With almost twelve years of experience and millions of end
users across the globe, Warden Security Systems delivers
innovative, scalable, and practical identity management
solutions that increase security and convenience while
saving money, building accountability and establishing a
trust for governments and businesses around the world. The
company continues to innovate, build, and deliver leading-
edge enterprise biometric solutions that transform the
industry and expand the applicability of biometric
technology in the marketplace.
The Success Saga
On account of its services, the company has won numerous
awards in the biometric sector. Recently, the company has
been awarded as Best Access Control & Entrance
Automation Systems & Solutions company in Bangalore by
South Indian Business Awards(SIBA) on 26th july 2019.
Moreover, the company has also awarded as Most advanced
access control & entrance automation solutions company by
Indian Leadership awards ( ILA) on 28th July 2019.
Upcoming Endeavours
Warden has always focussed on provided better, secure, and
cost-effective solutions for different type of clientele. In
order to cater to the unique and specific requirements of
different customers, Warden has started to design and
manufacture custom-based products for the customers. This
also included proprietary design and tailor made products
and solutions only for that customer. Warden also has
started with design and assembly of its entire range of
entrance automation products giving it an advantage over
its competitors.
Varun Sachdev
CEO
THE 10 MOST RECOMMENDED
BIO-METRICBIO-METRICCompanies to watch in 2019
39August 2019|
The 10 most recommended bio metric companies to watch in 2019
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The 10 most recommended bio metric companies to watch in 2019

  • 1. www.insightssuccess.in Managing Director 2019 Volume 08 Issue 05| | Matrix ComsecTouching New Horizons with Premium Security Solutions RECOMMENDED COMPANIES TO WATCH IN 2019 MOST THE
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  • 4. From the Editor e’re seeing a very rapid evolution from passwords to Wsmart cards, and now biometrics” We all love to watch the Hollywood movie series like 007 or Mission Impossible. These movies are nothing but the Hollywood version of biometrics consists of eye scanners, fingerprint readers, facial recognition systems. But a question arises, is it possible to apply such security applications to business? A few decades back, these concepts were too outlandish to be considered reality. In recent years, technologies have dramatically evolved, making businesses more secure around the globe. Today, almost every organization is using verity of Biometric devices for security purpose. Today, biometric technologies such as Fingerprint, voice recognition, retinal scanners, facial recognition systems are amazingly securing work place. Biometric technologies are playing a pivotal role in securing the workplace against data breach and theft. Biometric technologies are acting as access control, securing the environment, both physically and digitally. Numerous organizations are reaping the benefits of this technology for a proper time and attendance tracking of employees. On the other hand, the industry is facing challenges in terms of employees’ privacy and security. Biometric authentication in the workplace comes with the risks of stolen biometric data and compliance risks. However, these risks can be minimized by introducing strong policies in the organization. Also most established biometric technology venders are taking a proactive step to ensure employee privacy and rights. Biometric authentication is a positive efficient process in the workplace, but employers need to have a well-rounded knowledge of biometric authentication and consider less visible ramifications before the implementation of such a program. Biometric: Next-Gen Authentication Mechanism Securing Workplace “ Abhijeet kakade Abhijeet kakade
  • 5. SME-SMO Executives Circulation Manager Tanaji Digital Marketing Manager Prashant Chevale Technical Specialist Amar, Pratiksha Co-designer Savita Pandav Art & Picture Editor Rahul Kavnekar Art & Design Head Amol Kamble Associate Designer Poonam Mahajan Copyright © 2019 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success Media and Technology Pvt. Ltd. Reprint rights remain solely with Insights Success. Printed and Published by Insights Success Media and Technology Pvt. Ltd. Corporate Ofces: Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com Insights Success Media and Technology Pvt. Ltd. Ofce No. 22 & 510, Rainbow Plaza, Shivar Chowk, Pimple Saudagar, Pune, Maharashtra 411017 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in sales@insightssuccess.com August, 2019 Follow us on : www.facebook.com/insightssuccess/ https://twitter.com/insightssuccess Cover Price : RS. 150/- Editor-in-Chief Pooja M. Bansal Managing Editor Devasish Kanojiya Executive Editor Abhijeet Kakade RNI NUMBER: MAHENG/2018/75953 Business Development Executive Business Development Lead Joan Ranbhise Manoj, Ketki Khushbu Thakur
  • 6. INTERVIEW WITH INSIGHTS SUCCESS Matrix ComsecTouching New Horizons with Premium Security Solutions CO VER STO RY Tech-trends Tech-trends Revolutionizing Biometric Sector ARTICLE 20 10 Zicom On its Mission to “Make Your City Safe” 22 Empowering the Financial Sector of India Tapits Technologies 32
  • 7. CONTENTS CamsUnit Your Frontman in the Biometric Industry Securing your Digital Identity FRS Labs Enhancing Digital On-boarding Process Efciently! SIGNZY 18 3028 Star Link Communication Access Made Easy 36 Dening ‘Security’ Differently Warden Security Systems 38
  • 8. io-metric industry is witnessing a tremendous growth and what can be a better way than recognizing the Bindustry innovaters who are contributing distinctively in transforming the scenario of this sector? In this edition, we introduce “The 10 Most Recommended Bio-metric Companies to watch in 2019” , in order to assist businesses to choose the right companies. Assessing the scenario in versatile perceptions, our magazine has brought light onto the companies, who are providing excellent bio-metric products and services in their respective fields. This list showcases the best bio-metric solution provider that are benchmarking their presence in this sector. In this issue, we have featured Matrix Comsec Pvt. Ltd. as the cover story. Matrix is one of the leading organizations in the security and surveillance sector providing security and telecom solutions for the modern organization. CamsUnit offers the Web based API and cloud solutions to the biometric attendance and access control machines for integrating them with Web Application directly. FRS Labs is a technology company specializing in customer on-boarding (KYC), authentication and fraud prevention solutions for businesses. SIGNZY offers a digital on- boarding solution for banks, NBFCs and other financial institutions. Star Link Communication is a pioneer in providing solutions related to Attendance and Biometric Access Control. Warden Security Systems Pvt Ltd., an ISO 9001-2015 certified organization has its major focus in manufacturing and distribution of various Access Control & Entrance automation products and integrated solutions across various verticals . We also have Zicom SaaS Pvt. Ltd and Tapits Technologies, as interview with insights success. Zicom is India’s one of the leading company contributing in the Electronics Security Surveillance space for more than two decades. Taptis is one of leading companies in India providing services to finance industry. Our in-house editors have come up with adroitly crafted Article – Tech-trends Revolutionizing Biometric Sector. It’s timetoflipthepages and enjoysafeand secureexperiencewitha readingpleasure! Driving Security to the Next Level THE 10 MOST RECOMMENDED BIO-METRICBIO-METRICCompanies to watch in 2019
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  • 12. Matrix ComsMatrix ComsTouching New Horizons with Premium Security Solutions ‘ ‘
  • 14. “Biometric is certainly the most secure form of Authentication, It’s hardest to imitate and duplicate” – Avivah Litan n today’s interconnected and digital world, the need for Icreating a secure and safer environment is of paramount importance. India’s growing population, rapid urbanization, economic prosperity, and digitalization are driving the need for creating secure and safer environments, particularly in the Indian infrastructure sector. Due to increased threats, it is imperative to mitigate the risks to attain a secure infrastructure. Nowadays, biometric technologies have become mainstream and available for commercial adaptation. Numerous biometric applications are securing home, offices, schools, cities, and countries in an amazing way. Companies have now realized the importance of biometric solutions in the identification of the people. The need for competent Security solution providers has been on the rise in recent years. Matrix Comsec Pvt. Ltd. is one such organization that offers a comprehensive range of solutions for IP Video Surveillance, Access Control, Time-Attendance, and Telecom applications. All of these solutions are specifically designed for large and multi-location enterprises, SMEs, and SMBs organizations. Established in 1991, Matrix is a leader in Security and Telecom solutions for modern organizations. Since inception, it is dedicated to deliver innovative, technology- driven, and customer focused Security solution to its clients. Matrix offers its products across the globe including Asia, Europe, North America, South America, and Africa through an extensive network of more than 2,500 channel partners. The company has gained trust and admiration of customers representing the entire spectrum of industries. Over the years, it has won many international awards for its innovative products. The Genesis Founded by two Computer Science Engineers, Matrix had a humble beginning like most of the technology startups. It started its journey as a product company with a single product and employee. With an ambition of designing, manufacturing, and marketing its own products across the globe, the company designed its first product-PBX and started selling in Gujarat. Growing with time, the company expanded its product portfolio, markets, people, infrastructure, and started offering a complete range of PBXs and added Media Gateways. The company was always looking for growth opportunities by offering more solutions to the same enterprise customers. Moreover, the company has added physical security solutions to its menu of products and adjacencies covering areas including - Technologies, Distribution Network, and Customers. With this strategy, the company added Biometric solutions for Time-Attendance and Access Control applications to its list of services in the year 2007. Later, the company started working on IP cameras, Network Video Recorders, and Video Management System in 2010. Within a few years, the company has grown as a trusted partner for its customers on account of its business acumen and dedicated efforts. Leading Light of Matrix First generation entrepreneur Ganesh Jivani is the Managing Director of Matrix Comsec. With his strong business acumen, Ganesh is charting the course for the future of the company. He has completed his Engineering in Computer Science from M.S. University, Vadodara. Later, he worked for four years as an R&D Engineer before ‘ ‘ THE 10 MOST RECOMMENDED BIO-METRICBIO-METRICCompanies to watch in 2019
  • 15. establishing Matrix. His areas of interests include product management, marketing, and systems. Under Ganesh’s leadership, the company is dedicated to fulfill the needs of customers with its world-class infrastructure, equipment, tools, and processes. The technology business is all about People, Products, and Processes. These three are the primary business drivers and differentiators. Modern customers demand high-quality solutions at optimum cost in the shortest time. Under his aegis, the company gives maximum attention to these aspects to ensure the best quality and customer satisfaction. “The company’s culture is open, collaborative and meritocratic. The company values its people but at the same time also expect them to bring the right competence, skills, and mindset to work. I believe today’s youth focuses on their career and growth. They like the excitement of working on challenging projects and learning if the organization offers freedom and values their expertise and commitment,” says Ganesh. Cutting-edge Technology and Secured World With around 40% of its human resources dedicated to the development of new products, Matrix has launched numerous cutting-edge products like IP Video Surveillance Systems, Video Management System, Network Video Recorders and IP Cameras, Access Control and Time- Attendance Systems as well as Telecom Solutions such as Unified Communications, IP-PBX, Universal Media Gateways, VoIP and GSM Gateways and Communication Endpoints. These solutions are feature-rich, reliable, and conform to the international standards. Matrix’s Primary focus is to develop solutions that are well-equipped with cutting-edge technologies to deliver best-in-class Security solutions. Matrix’s products from all domains can be integrated with each other. They can also be integrated with many third- party solutions that are already deployed in the organization to protect existing as well as future investments. The company is catering its innovative products to numerous large as well as small enterprises across various industries ‘ ‘
  • 16. including Manufacturing, Logistics, BFSI, Healthcare, Hospitality, Education, Government, Defence, etc. Garnering Trust across the Globe Matrix believes to be an enterprise that places customers and their needs at the forefront. Since its initial days, the company is making concrete endeavors to win the trust of its customers. Today, the company has created a worldwide Network of 2,500 system integrators and 1 million customers that trust Matrix solutions. Matrix caters its products to more than fifty countries including USA, Canada, Germany, Italy, Portugal, Spain, Australia, Thailand, Vietnam, Philippines, UAE, Saudi Arabia, South Africa, and many others. With an innovative approach, the company has designed more than fifty world-class differentiated products meeting international compliance. Numerous Matrix products have won international awards for product design and aesthetics such as iF Germany, Red Dot Singapore, GOOD Design Japan, and India Design Mark, etc. The company has also bagged many awards from the government, business community, and trade fraternity. Stand-out in High-tech World Innovation is crucial, but flawless execution is something which brings success to a company. The Security market is flooded, and there are various organizations following the same traditional practices. Having a unique proposition is essential. Matrix stands out in this crowd on account of its excellent product design, manufacturing, marketing, sales, and support. With significant investments in Research and Development, the company is dedicated to develop innovative and cutting-edge products. SUBSTANCE is the core value that the company lives by. Everything from technology, applications, functions, features, performance to flexibility, reliability, and support, Matrix strives to offer substance. Walking an Extra mile for the Customers Matrix’s products and solutions are comprehensive and highly-differentiated. Its professional’s starts customer engagement by thoroughly understanding the client requirements and ensuring product execution meeting their needs. These solutions are feature-rich, flexible, scalable and reliable. Matrix assures its customers with future upgrades and support from its indigenous R&D and Manufacturing. It offers 24x7x365 technical support for prompt and sincere after-sales services. Matrix always operates through a well-defined and trained channel network consisting of consultants, resellers, system integrators, and distributors. A journey towards better Future Matrix’s business is mainly driven by two prime movers: cutting-edge products and market reach. With this approach, the company is focusing on creating world-class products in its domain. Progressing forward with a positive approach, the company is dedicated to provide best-in-class products to growing Video Surveillance and People Mobility Management Market. Moreover, it is all set to introduce cutting-edge and well-differentiated novel products this year. The company is also building a channel network and has invested in marketing, sales, and support to expand its market reach. Matrix is also expanding its channel network by appointing system integrators in all the important markets in India and overseas. The company strives to deliver cutting-edge, high-performance Security and Telecom solutions to the new-age and existing organizations. ‘ ‘
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  • 20. August 201918 Your Frontman in the Biometric Industry C AMS aka CamsUnit, from Dheeram Innovations Private Limited, was formed in 2016 with a team of highly energized 25 employees, materializing the innovative ideas by the innovation on everything it sees, do and imagine. Pandi Periyakaruppan is the Founder and CEO of CamsUnit. He is a visionary leader who always thinks of new and unique technology products to the world. Under his leadership, employees got the right technology pathway to the next generation of Biometrics. He has made the company’s revenue grow from zero to crores of rupees. CAMS is a pioneer and global leader in Biometric Research and Development. It offers Web based API and cloud solutions to the biometric attendance and access control machines for integrating them with Web Application directly. Earlier the company used to develop the fingerprint based customized industrial hardware such as fingerprint power switch. But with the coveted IoT(Internet of Things), the customers demand rose to IoT enabled biometric controllers which are expected to communicate with the customer’s web application hosted at its server. Distinctive Services CAMS started making the IoT API enabled Fingerprint Scanners, Biometric Attendance and Access Control Systems as the products under its brand name. It delivers Web API to integrate the biometric machine with any web application. It supports to add/delete users in the machine and transfer the users between machines, from the web application. The company offers white-label partnerships. The complete cloud solution would run under our partner’s domain with their logo, landing page and their contact us page. It is generally a partner’s business environment/portal where they can provide all our services to their clients in their name. The portal would be created in just 24 hours. With in-demand mobile application to track attendance of the employees or students, the company offers thin cloud solutions with mobile apps supporting the plug and play biometric attendance, leave management, and roster management. The company also helps its clients with Web API which helps to integrate its biometric machines with its software products, helping to showcase its products as a complete cloud based products. The company also introducing Web API for Biometric systems with GPS position tracking which communicates to the server with users’ GEO position when the attendance is recorded at the biometric device. Other than software integration, the company has successfully integrated the
  • 21. A pioneer and global leader in the biometric industry providing user friendly solutions to its client Pandi Periyakaruppan Founder and CEO THE 10 MOST RECOMMENDED BIO-METRICBIO-METRICCompanies to watch in 2019 19August 2019| iometric machines with Industrial machinery such a bfingerprint power switch to record the person who accessed the switch, Vending machines to allow the users to use the vending machine only once per day and Forklift vehicles to start by an authorized employee, etc. Defying the Challenges Challenges pave way to success. Unless and until the company faces challenges, growth is infeasible. Designing hardware which should be of global standard and accepted one was the greatest challenge for CAMS. For the company, it took 3 years to make its first product which was finally launched in 2018. But with the help of rich expertise in biometric industry, strong and innovative team of engineers and the support of ZK biometric, the company overcame the difficulty in creating budget friendly products without compromising the quality and features. The technology innovations that the company provides to its customers and it’s world-class after sales support brought the greatest value to its brand, overcoming the toughest challenge of the company for creating trust in its brand in the matured biometric market. Itinerary for the future Initially for the company it took months to get its first client. But now, it just takes days to get the new customers, hours to build a new cloud system for partners, minutes to integrate biometric machines with any website, seconds to get the reports and milliseconds for the attendance data from biometric device to reach the customer’s server. With dedicated teams in R&D, Technical Support, Sales & Customer Service, CAMS is growing successfully, in terms of product innovation and the quality service. In terms of Business, the company craves to reach up to the heights. The company aims to adapt new biometric features such as Teeth reading, Skeleton structure, Hand geometry, Vein structure of the backhand, DNA, Androgenic hair patterns, Ear form/folds, Skull, Footprints, Body odor, Lip print, Gait, Tongue print, Heartbeat, and Signature recognition. To know more about the company visit - CamsUnit.Com
  • 23. n this digital and interconnected Iworld, Biometric technologies have emerged as the most secure form of Authentication. It is the hardest technology to imitate and duplicate. Today, around the globe, biometric technologies are securing businesses amazingly. Because of biometric technologies, the world is moving towards better security and protection. The rapid growth of biometrics research, interest of consumers, and support of enterprises and governments have further aided the growth of this industry. Use of biometric technologies in government operations have widened the path towards security. Voice and facial recognition are the future of Biometric Industry. To deal with problems such as money laundering, tax evasion and fighting fraudulent businesses, business and governments have adopted various forms of Unified Biometrics system. Driven by the need of identifying people in a better way and provide a more secure environment for storing personal belongings and information, the advanced biometric innovations have been making its mark in the security sector in recent years. Below are some of the trends in the biometric sector that are disrupting this industry like never before. Facial and Voice Recognition Today, advanced biometric technologies are using sensors to identify unique and special characteristics of every individual face such as the nose, cheeks, chin, and contours of eye socket. This advanced technology is effectively used by numerous multinational companies and governments. Defence sector of numerous nations are reaping the benefits of this technology in securing their valuable assets. Use of AI in facial recognition has further strengthened the security of companies and organizations. Undoubtedly, voice and facial recognition is the future biometric technology in securing world. Biometric Single Sign-On Current authentication methods can provide the security which one wants to attain. Password and pins can be hacked. These biometric technological advancements are on a way to replace passwords and keys currently. Biometric systems are now protected against being forgotten and shared, making it a perfect device for the modern era. The security advantages of the latest biometric technologies are more effective than the traditional /measures with a lower cost of password management and convenience of usage. Mobile Biometric Technology Use and application of biometric technologies through mobile devices is revolutionizing a wide range of security facilities. In this technology, one can operate a security system with just mobile. Portable biometric sensors or inbuilt devices are installed in this and can be activated through Wi-Fi connection or a USB cable. In law enforcement, border protection and identification of corpses can be processed at extreme speed with the help of this technology. Cloud-based Biometric Technology The integration of mobile biometric technologies with a cloud-based solution can make the data get processed even faster. The cost- effectiveness of hardware, application, and infrastructure in this technology is much more than an outdated process of data technology. Multiple user access, fast working, authentic information are some of the reasons that made this technology desired. Recent trends in the biometric technologies have to minimize the risk of a security breach and protect customer with innovative technological solutions and methods. With rapid advancements in this field, new companies are coming up with innovative solutions to provide secure and convenient authentication processes to the user. Tech-trends 21August 2019|
  • 24. Interview with Insights Success icom SaaS Pvt. Ltd Z is India’s one of the leading company contributing in the Electronics Security Surveillance space for more than two decades. In the interview with insights success Pramoud Rao,, Managing Director Zicom Ltd.of gave some insightful answers highlighting the influences made by the company to take to nextElectronic Security and Surveillance industry level. 1. Kindly brief us about the company? India’s topmost Electronics Security Surveillance Company, Zicom is pioneer in security business for more than two decades. Using our expertise and market experience in the field of Electronic Security and Surveillance, the company has come up with many initiatives to make our country a safe place for its citizens. The company has evolved itself as 360 degree Security Solutions provider by venturing into IoT segment in year 2013. Since then, Zicom has undertaken new technological innovations which distinguish Zicom from its competition. Zicom is the first company to integrate IoT to the security industry in thefirst of its kind Security and Surveillance industry to provide overall Security Solution, while other security companies still provide security products. Realizing the security concerns of the country, Zicom took it on itself to study the market and counter the security issues faced by citizens. The company conducted an elaborate research and conducted several surveys which led to a conclusion that security is the biggest concern in today’s time, as security was considered luxury and not a necessity. The Corporate industry would consider security mainly in the perspective of securing their assets and not life while schools and housing societies wouldn’t take any security measures at all. 2. Tell us about MYCS inception story? In the year 2012, crime rate in India was on rise. Kidnapping, street robberies, shoplifting, house- breaks, shop-breaks, murders all these various crimes were happening in the broad day-light and there was no substantial way to grab the criminal. While other security companies focused mainly on the corporate and public sector for security, Zicom with its path breaking range of products catered to various industries being Retail, Banking, NBFC, Gold loan, Cinema and more, apart from the corporate industries and the public sector Zicom expanded its focus to the overall security of its citizens and spread out to their houses, their workplaces, schools, colleges and even public places. Zicom realized that our society typically believes in securing all their assets, but personal security usually takes the back step as no importance is given to securing or insuring their homes or lives. Many feel that they are absolutely safe in their homes / vicinities & housing societies. However, there’s very little that can be done once an incident takes place. Keeping the country’s and its citizens’ safety in mind and to safeguard them against the horrifying stories we hear in the media day in and day out, Zicom initiated Mission “Make Your City Safe” (MYCS). MYCS is one of the most popular innovations initiated by the company on January 26, 2012, as a social safety initiative. August 2019|22
  • 25. “Zicom has always been at the forefront of Technology. We initiated MYCS “Make Your City Safe” to make the citizens of our country safe and secure, through the architecture that protects buildings, homes & citizens all year round. With mobile penetration at its peak, we also provide ‘Safety on the Go’ through our citizen safety emergency response app ZIMAN backed 24*7 by our Zicom Command Centre” 3. Can you illustrate the functions of “Make Your City Safe” driven by Zicom SaaS? Zicom looks at bigger picture when it comes to securing people at their homes and societies. MYCS started offering Security Solutions at Zero Investment: Zero management which not only helps housing societies but also caters to row houses, gated communities, villa bungalows and residential complexes. Apart from that, MYCS also offers Security Solutions to other segments like Educational Institutes, Hospitals & Health Centers, and Hospitality Segment & Entertainment Centers. Moving up from being known as one of the best Electronic Security Company, through this innovation in Electronic Security Zicom is the only company that offers Security as SaaS “Security as a Service”. MYCS initiative initially was to make people aware that security is not just for large corporate, government institutions, banks and so on. Security is also a very important and necessary factor for us commoners too, through MYCS Zicom realized the gap in personal safety, where people had zero technical knowledge about: Pramoud Rao, Managing Director 23August 2019|
  • 26. · What kind of cameras to use? · Where the cameras should be positioned? · What’s the best cost? · How to maintain the hardware and software of a security system? · How expensive the Annual Maintenance Cost would be? Considering all these factors, Zicom SaaS launched MYCS service model, where all the customers had to do was pay a minimum monthly service usage charge and this cost would be applied as per their usage rest was taken care by the company. 4. How does MYCS functions / operate? “Express your desire to be safe, and MYCS gets it done for you” Unlike the outright CCTV dealers in the market, MYCS does not just provide cameras for your security needs, instead provides an overall security solution customized per your security needs. Team conducts a security risk survey / assessment and provides you a solution layout. The below mentioned unique features of MYCS gives you the power to deploy best Security System in your Society / vicinity Ø Security Solutions at Zero Investment : Zero Management : Zero Maintenance Ø IOT (Install – Operate – Transfer) Based System Ownership Ø Free replacement of faulty hardware (Monitor, HDD, Adapter etc.) Ø Risk Free Ownership with Comprehensive AMC Ø No Technological obsolesce Ø OPEX payment model with easy payment options and high loyalty discounts Ø Alerts you on Hard Disk Error, Illegal Login, Video Loss, Communication Failures Ø CCTV solution with System health monitoring which provides 24/7 service support backed by Zicom Command Centre –taking a proactive approach for any security solution failures to avoid downtime Ø MYZICOM – Service & Bills Management App for convenient communication There are cameras recording everything around you 24/7. You can access your security footage from your mobile or laptop / computer, at your convenience. 5. What is the unique selling proposition of MYCS or the unique feature? Zicom Command Center is a game changer for the company as well as the security industry in so many ways. Zicom is the first company in India to have its own Command Centre (based in Mumbai) which is now one of the most referred Command Centers in the Security Industry. It is the distinguishing feature that helps Zicom SaaS to provide innovative solutions revolving around IOT & unique security and service concept. Zicom Command Centre features the System Health Monitoring and Live monitoring of Premises, proving to be the best monitoring centre especially for Housing Societies, Institutes, Banking & Finance Sector & Retail industry. This is how System Health Monitoring (SHM) feature of MYCS works: August 2019|24
  • 27. 6. What additional benefits MYCS provides to its customers in this business association? Zicom provides remote managed services with three tiers of security like hardware, SHM & Live monitoring of Premises and immediate response 24*7, all contributes to a holistic end-to-end security solution. Zicom assures working CCTV systems 24/7 with zero down time. Our experienced and well trained Security Officers stationed at the Zicom Command Centre operate with agility as soon as they detect any faults or failures in the system or any kind of security and safety breach. As a user you receive alerts on your mobile if anything seems wrong. Apart from the above mentioned benefits, Zicom provides you 30 days recording, remote monitoring, and broadband connectivity. As a customer, you also get free replacement, free maintenance, free software upgrades, failure notifications, hard disc alerts, video loss, camera masking, illegal camera tampering, power cable disconnection and other such services to cater to all your security needs. Mission “Make Your City Safe” aims to provide a secured environment to citizens by equipping them with high-quality CCTV systems and security services with 24/7 surveillance and technical support. 7. What can be expected from your company in the upcoming years? Brief us about the future and vision of the company? Being in the industry for two decades and the first Indian Electronic Security Systems company to have gained a number of achievements and won multiple awards in such a small span of time, the company is set to bring up more innovations. Zicom intend to spread their security span Pan India and support their initiatives with better technology and innovations to help the society. With MYCS, Zicom also touches the social aspect; the thought is to make your city and the surroundings safe. Although the company already has its presence all over India via its distribution channel, MYCS is currently present in 4 cities Mumbai, Pune, Hyderabad & Ahmedabad with a vision to expand across the country as well. In the 6 years of “Make Your City Safe”, the service has helped to safeguard more than 4500 buildings in 4 different cities. Their aim is to provide the best and unique security solutions for the safety of the citizens. 25August 2019|
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  • 30. Securing your Digital Identity In establishing a person’s identity, the use of Biometrics technology seems to be unmatched. Consistently evolving, it has moved from just fingerprints used in forensic applications to face, veins, voice, gait, and even distinct heart rate to uniquely identify and authenticate individuals for all sorts of applications. And this unique characteristic – either individually or in combination – is now being widely used to create a secure way to safely verify a user for a variety of services. Capitalizing on the inimitable properties of biometrics is FRS Labs, an award-winning research and development company focused on digital identity verification (KYC) and customer onboarding solutions for consumers and businesses. Its flagship Atlas AI platform uses advanced deep learning and computer vision technologies for accurate ID scanning (OCR), face biometrics for authentication and video verification including voice biometrics for non-repudiation. The Launch Pad It all started in 2011 when the company built a fraud detection product in the telecom space in partnership with Vodafone Group. From detection, it moved to prevention with the launch of their prevention product Atreus which is still running. With the digital push in India, it looked at the entire onboarding process to both automate and digitize it. Face and voice biometrics played out as its building blocks toward the Atlas AI platform and it added the OCR capability followed by video verifications. The latest addition to its armour is KYZO, a personal digital KYC vault that allows citizens to securely store their identities in their own device which can be shared online and offline easily. It’s a novel way to hold one’s physical IDs in digital form that can be shared online or offline seamlessly. FRSLabs kept improvising with the help of feedback from early clients which helped it validate and refine the products. The insane hours that the team put in to make customers happy at early stages seem totally worthwhile looking at the rewards it is reaping right now. It has since won several competitions and is recognized across the globe. The first one from TiE Bangalore was special followed by the accelerators organized by the Canadian Government, Yes Bank and Societe Generale Bank. Most recently it won two back to back FinTech competitions in Abu Dhabi and Cairo for its innovative customer onboarding (KYC) solutions. The Driving Force At FRS Labs, Shankar P., the Founder and CEO is also the chief disruptor pushing engineers out of their comfort zones and setting the roadmap to take FRSLabs to serve a billion people by 2025. Many a time, the Engineers claim it’s too complex when they look at a bigger problem only to amaze themselves that they have a working product a year later – a simple approach of breaking everything down to smaller problems which then becomes within reach to solve. Shankar ironically doesn’t consider himself as a leader. He believes that August 2019|28
  • 31. Our goal is to provide a safe and private digital identity for every user on this planet. small teams act as small movements driving change: certainly not in giant leaps, but one step at a time. He often tells, “There’s nothing wrong being slow, but we need to make fewer mistakes in order to be fast.” Hurdles on the Way Two key challenges for biometric applications are security and privacy. Taking the case of Aadhaar, which revolutionized the delivery of welfare and services through biometric authentication, it now takes just a few minutes to obtain a SIM card through biometric verification. However, it is done by the state with a central repository holding all of the biometric information – albeit with the highest possible protection. In the wrong hands, it can cause devastating economic and civil liberty issues for an entire nation. The company believes that despite the challenges, the opportunities are just too great to be brushed aside. And these opportunities will genuinely transform the lives of millions in the years to come. A billion people in the world currently lack a formal ID and about 3.5 billion people have some form of ID but have limited use in both online and offline world (ID4D Database). And with such large gaps, there is a lot that can be done and biometric technologies combined with privacy stands at the crosshair of an identity revolution. Meanwhile, FRSLabs faces the other kind of challenge in the market, that of being a start-up. More often than not clients don’t fully understand the benefits of working with start-ups. One of the biggest advantages is that it jumps straight into the action, cutting across hierarchies. A single person acts as product specialist, coder, technical lead, project manager and so on to move things faster – the buck usually stops with one person who sorts things out for customers – despite the plethora of people and processes involved. And the decision making is also fairly fast; if a client needs something and if it fits within our overall roadmap, it gets done fairly quickly – and often for free. And customers usually get a lot more than what they pay for. Envisioning Future All that said, FRS Labs is making it a point to provide a safe and private digital identity, make it a public good and touch the lives of a billion people in the coming years. Shankar adds, “The population in 10 years will grow to 8.5 billion (UN report) with people in the age group 15 – 60 forming the largest demographic group. And over half the people (4.5 billion) do not have an identity or have one that can be used seamlessly offline and online, so there’s a long way to go to bridge the physical-digital divide. And this really is our vision” Shankar P. Founder and CEO THE 10 MOST RECOMMENDED BIO-METRICBIO-METRICCompanies to watch in 2019 29August 2019|
  • 32. Enhancing Digital On-boarding Process Efficiently! The digital frontier nowadays has seen tremendous growth in terms of technological advancements and ground-breaking innovation. Biometric technology in smartphones has been widely popularized and has made an incredibly powerful yet disruptive form of apparatus, accessible by millions. Features such as voice recognition and one touch fingerprint sensor, has revolutionized the mobile phone industry. In lieu of user experience, these functions have made a lot of difference in case of accessibility with ease of operation. Surfing the same tide, the banking sector is also looking for an unprecedented growth with introducing and implementing biometrics in its existence. Leveraging facial biometrics, in form of videos is set to revolutionize the banking industry. Embracing and advancing with this tide of biometric technology is SIGNZY. It is a fin-tech startup offering digital on-boarding solutions for banks, NBFC’s and other financial institutions. It was Co-founded by Ankit Ratan - Product Head, Ankur Pandey - Head Engineer and Arpit Ratan - Business Development Head. Graduates from IIT, both Ankit and Ankur are experts in data-science and app development. Arpit is a corporate lawyer who channelizes his knowledge of financial regulations and expertise in working with statutory bodies for the company. “We believe in running and growing our business with utmost integrity and honesty without losing the vision,” says the trio. Genesis & Operations SIGNZY was established in 2015. The concept behind it came from the personal experiences of the co-founders dealing with the banks like individuals as well as startups (with the previous companies). “We noticed that the whole banking was going digital, yet the compliance function within the banks still remained very manual and paper driven,” adds Ankit. It was observed that banks were spending a lot of time and resources in carrying out functions like customer on-boarding and back office operations. All of which, could have been automated with an AI for better output. Hence, to solve this problem prevailing in the banking industry, SIGNZY was born. In a bank, a primary customer on-boarding process takes an average of 7 days. SIGNZY can enable account opening in real time through its AI-based decision making engines and back office tools. Without any delays or waiting, an AI is more efficient, accurate and insulated from human frauds. “We have been able to completely automate account opening even for a company, which used to take a month earlier,” claims the SIGNZY team. For enabling this, the company has spent last three years investing in a lot of R&D into its computer vision tools. It is said that, these tools have ability to recognize documents, detect forgery and replicate the eye-balling process at the back end. Also, the team has spent a lot of time ascertaining the process at the banks. Now, the automated decision making engines are capable of using hundreds of risk rules and algorithms customized to individuals, proprietors, companies and partnerships etc. All of this to help in real time decision-making. Currently, SIGNZY has products focusing on two major areas in the BFSI industry that are considered costly and time-consuming. They are REALKYC – the KYC August 2019|30
  • 33. Make On-boarding simple and quick, Empower your regulatory processes using Artificial Intelligence process and back-end operations and ARI – Algorithmic Risk Intelligence along with Digital Contracts. The Complications “One of the most pressing challenges for banks is to adopt the use of biometric authentication to ensure frauds are prevented and security isn’t compromised,” tells the SIGNZY team when enquired about the challenges pertaining to biometrics in banking industry. There is a constant shift of customers practicing conventional banking to digital banking. Banks will have to keep a strict check for preventing security breaches and frauds. This could be attained only when banks consider adopting biometric authentication aggressively. Banks need to upgrade their current systems and protocols to adhere with the opportunities available through the application of advanced biometrics. Making a Difference Working with all the major private banks, SIGNZY today has enabled over 60 financial institutions for making their customer on-boarding process digital. “Some of the products, that we have around for detecting image fraud and video fraud are the best in class in the world,” boasts the SIGNZY founding trio. The company thinks about compliance first, before it considers the products. For its partners, the firm has sorted adherence to compliance in a seamless way. To ensure that the use of its products by the end customers meets the regulatory norms and consent requirements, the firm invests in a lot of resources. SIGNZY has won several prestigious awards since 2016. It won RBI’s award for most Innovative Payment System Solution (PSIC 2016) organized by IDRBT (July 2016). Further it bagged the IAMAI Most Innovative Fin-tech Data Solution Provider 2019. Also, Governance Now Award for fastest growing Fin-tech Company of the Year 2019 was bagged by the company. Achievements like featuring in Amazon Top 5 AI Emerging Startups 2018 and receiving an award at Indywood Awards 2018 were few of the highlights portraying SIGNZY’s success. Eyes on the Prize “Our products are focused and tailored to suit the needs of the banking and finance industry, which is a large segment and we plan to remain focused on it for the near future,” opines the SIGNZY co-founders. As far as the future plans go, India will continue to be the company’s primary market. But now, the plan is shifting towards the markets like Middle-East Africa. It’s expected to have a huge opportunity for growth in the future. Ankit Ratan Co-founder THE 10 MOST RECOMMENDED BIO-METRICBIO-METRICCompanies to watch in 2019 31August 2019|
  • 34. n the interview with insights success, Pratyush Halen, ICEO and Founder of Tapits Technologies, gave some insightful answers highlighting the influences made by the company to take finance industry industry to next level. 1. Kindly brief us about the company and what kind of products and services the company provides to their clients. a. Tapits Technologies is a collective of people from various domains, viz. Technology, Banking and Fintech with a combined experience of over 50 years in the development of financial and banking technology, b. Our company, under its brand, Fingpay, enables the 1.12 Billion Indians to be a part of the Indian Banking and Financial system and helps them go cashless and paperless while making Payments or while accessing Loans, Insurance and financial products, just with the touch of a finger. 2. How biometric technologies are creating secured world? The increased use of mobile smart devices for financial transactions has prompted banks, payment providers and regulators to demand increased levels of security and identity assurance to provide better protection against fraud. Passwords and pin codes are slow and not as secure. There has been a steady increase in data breaches in the last 2 years, prompting payment providers and financial institutions to explore more secure modes of authentication. Biometric authentication helps address this problem. Acting as strong authentication to secure online transactions, biometrics also increases customer trust and improves reputation. Below are problems biometrics can solve for financial service firms: I. Fraud Reduction: Biometric authentication allows financial firms independence from passwords, PINs, and tokens, which are susceptible to hacking. Biometrics are unique for every individual and in a world where hackers are becoming increasingly sophisticated, biometrics allows financial institutions to prove, beyond a doubt, who is requesting access. II. Convenient Authentication: Industries are using different means of bio-metric authentication, based on their line of business e.g. voice recognition for securing the contact center channel, fingerprints for mobile payments, facial recognition for remote customer registration and iris for digital payment authorization. Each method serves as a convenient, frictionless solution to customer authentication while providing multi-factor authentication. 3. What are the Challenges and opportunities in the deployment of Biometric Technologies and how likely they are deployed in the future? a. Some of the challenges faced with Biometric Technologies are as follows: I. Breach is irreparable: Though biometrics is more secure than passwords, and harder to replicate, a security breach is irreversible. We can change passwords, but can never change biometric data II. Secondly, mass market biometrics are device dependent. This limits the usage. b. Some of issues faced on field include dependence on reliable network connectivity and mismatch in biometrics. This hinders the ability to use the system on a larger scale. 4. Kindly tell us about your inception story. The need for developing simple yet powerful products targeted towards the underserved and unbanked triggered the inception of the company. The team had the vision for the future and the idea of implementing biometric based payments was perceived in 2016 when no industry player was implementing it. The company brought the product to market in just 2 years. The product connects the corporate and last mile customer with the services which would help them uplift and get plethora of useful services which will give them access to market, credit, technology, banking, innovations etc. Problems that we are trying to solve through our products and service, for the Rural and Semi-Urban populace are: Empowering the Financial Sector of India TAPITS T August 2019|32
  • 35. Interview with Insights Success 33August 2019|
  • 36. 1. Easy Access to Banking points 2. Access to Micro Finance 3. Access to other financial products such as Insurance 4. Autonomy to make hassle free Utility and Bill Payments 5. Collections of EMI, Payments, Cash Management 5. Brief us about the Founder/CEO of the company? What kind of ethics, principles and manner of working does he/she observes while running the business? Pratyush Halen, CEO and Founder of Tapits Technologies, has a Bachelor’s in Computer Science. He started his career with Amdocs as a software designer. At Amdocs his team won the Amdocs Innovation Contest for developing a USSD based solutions for the rural sectors in India. This win fuelled his desire to start his own venture and work in the direction of servicing the rural sector of India. InApril of 2016, along with Anuraag Agarwal, he co-founded Tapits Technologies Pvt Ltd, a biometric based payments application. Since then, Pratyush has come a long way in creating a suite of banking products and services while juggling the expectations of multiple Banks. As the team grew to 22+ members, the daunting responsibility of creating internal growth has been a major role in his profile. 6. Mention some of the awards, achievements, recognitions and clients’ feedback that are notable to you. Over the last 3 years, Fingpay has won the following accolades: a) Winner HDFC Bank Innovation Summit 2016 b) WInner Axis Bank payment hackathon 2016 c) Winner Fintegrate Zone 2017 d) Next Big Idea contest (Zone Startups) 2017 Fingpay was featured in the following articles/news a. CNBCAwaaz(https://www.youtube.com/watch?v=FDeK VLLFQ8M&t=4s) b. ICICI Bank’s Investment in Fingpay was featured in prominent news papers such as, Economic Times, Mint, VC circle etc. c. Fingpay’s work with Cashless Catalyst was featured by Yourstory (https://yourstory.com/2018/06/five-startups- taking-fintech-last-mile) Fingpay was invited to share our experience and challenges in our endeavour towards bringing about Financial Inclusion by: a) The Hon. Secretary and Hon. Joint Secretary, Ministry of Electronics and Information Technology b) Associate VP, NPCI on multiple occasions c) Sa-Dhan (Microfinance SRO) on multiple occasions 7. Kindly brief us about your strategies to tackle the competition in your sector. What steps are you taking to ensure that you continue to grow and develop? a. Develop new markets by Extending services to other sectors such as retail and ecommerce players b. Diversify portfolio by Building a customer application for demand creation where rural customers can order banking and related services at doorstep. c. Increase penetration by Upselling and cross selling financial products to business correspondents and customers such as I. Working capital for the retailers II. Credit facilities for the customers III.Institutional lending to MFI segment through larger banks/ NBFC’s d. Build traction by providing Cash flow predictions and advanced analytics for institutions using the data being generated on Fingpay platform 8. What are the benefits gained by your clients while doing business with you? a. Fully automated solutions from Payments, settlements, reconciliations, MIS, b. Chargebacks, exception handling, self on-boarding. c. Reduced collection costs in the range of 1-1.5% compared to the conventional collection model of lending institutions. 9. What is USP of your company? a. Ready to use plug and play tech platform with 50K+ merchant points for collections from rural / semi-rural areas. b. Strong industry presence with 25+ institutions like microfinance, NBFC’s, small finance banks, larger banks which are deeply integrated with Fingpay c. Captive Customer base to offer various products across the customer’s life cycle 10.What can be expected from your company in the upcoming years? Brief us about the future vision of the company. Company plans to revolutionize the payment collections in India solving the logistical inefficiencies in the system. With it’s cutting edge technology and creating value for all stakeholders, it is expected to change the system of payment collections in rural and semi-rural areas. August 2019|34
  • 37.
  • 38. August 2019|36 Biometrics, a word which has been thru every human ear in today’s world is shaping a new cornerstone in almost every territory across the globe. Biometrics has revolutionized the way authentication, identification and access control is done. Biometrics system has proved its metal in every stage giving minimum time for 100% guarded, convenient, and impeccable verification. one of the most fruitful added advantage we have got with this unique ID is the feature of linking every account with this ID which ensured that our entire data is being protected and is under government survellience tieing the last knot in the direction of public security. one can definately support the fact that biometric technologies are the next name of creating a secure world. Helming this technology and proving itself to be the pioneer and leader in providing solutions related to Attendance and Biometric Access Control is Star Link Communication Pvt. Ltd. With the sole motto to provide solutions quenching requirements of the clients, the company has served over eight thousand clients and is still counting. Incorporating the demands of the client, it provides solutions that are cost-effective, efficient, and requirement-specific, thereby leading to customer delight and reduction in the administrative cost. Journey So Far Star Link was first associated with the Telecom Industry Market in 1996, the journey started when the Managing Director, Vipin Yadav, first came up with the theory of Call Conferencing. An electronics engineer and a veteran in the industry, Mr.Vipin’s theory was not merely an idea but ended as the first Conference Calling Equipment to be approved by the Indian Government. His innovative attitude and technical approach led Star Link to establish milestones with biometrics & access control systems and cater the nation with attendance solutions. The company now serves almost all the sectors of business like Public Sector Units, Banking & Finance Industry, FMCG, Real Estate, Hospitality, Production Units, Iron & Steel Industry and many more. Shining Star in the Industry Star Link Communication has been awarded as “Best Company” by ASSOCHAM for the year 2017 and 2018 in a row for innovation and technology. With so many national and international brands in the industry vying for the top slot and claiming to offer superior products this indeed speaks volumes. The company has closely observed and knows that a customer looks for not just the product but complete solution like associated software, on-call support, warranties, and after-sales services among others. Star Link has emerged as a powerhouse for all attendance solutions and when they say the word “ALL”, they promise it. It aims to showcase the world with the absoluteness of biometric technologies, growth in biometric authentication, and improving the metrics to sense the human characteristics in quicker time. To achieve its objectives, it has set strict parameters of checking the quality and efficiency of its products at each/every stage. It provides after-sales services along with the supported software and
  • 39. codes by biometric identification processes, and monitoring. Researchers and developers are trying to swirl technology with single touch comfort which will turn into a reality through introducing biometric solutions. The need for biometric has reached to an extent where a single touch of one’s finger unlocks the smart phone. Soon, technology will showcase how only gestures and biometrics of a human body will be responsible for vivid identification processes in various fields. These facts and news highlight that biometric technologies definitely holds the key to the future with them. Vision Ahead After biometrics, Star link now aims to provide solutions on the fingertips of Hrs with their Payroll Software System which will break all the barriers to make precised & well- structured salaries for the employees. The witty payroll software system will be a one-click solution to calculate different deductions and additions like ESI, PF, TDS, TAX, Loan advance etc. This software also helps in ‘Dues Clearance’ at the time of resignation of any employee. Also, the firm is in the final groundwork to make people experience virtual office from anywhere in the world just on a tap of one’s finger over the smart phone. Company is developing a Time Web App to provide easy access to all the employees through their smart phones in managing their attendance, leave management, working hours, and overtime. All these would be accessible from any corner of the world. We have been restless in our pursuit of the latest technology, the highest quality and the most user-friendly products Vipin Yadav Managing Director THE 10 MOST RECOMMENDED BIO-METRICBIO-METRICCompanies to watch in 2019 37August 2019| accessories eliminating obstacles faced by the departments during capturing working hours leave management, overtime management, and salary calculations. With a uniquely independent R&D capacity, it designs, develops, manufactures, markets, and sells its products efficiently. It has full control over the entire supply chain thus it can design with the end product in mind and ensure that only the best quality products reach its customers. Star Link is trying to implement some more technologies in their systems and solutions which will be fruitful for the industry. Overcoming Challenges with Technology The global market for biometric technology will grow by 19.5 per cent CAGR from $14.4 billion in 2017 to reach $59.31 billion by 2025, according to a new report by Grand View Research. These digits are a window to the opportunities that lie ahead, but not without challenges. Progressing towards a safe and secure biometric world, deadlocks and challenges need to be encountered. Data, being vulnerable, needs top-notch data handling techniques. There are different challenges in terms of biometric mobility, easy access to data sharing and authentication, duplicate data, correct vital information data entry for particular human being and the list can be long. Infant biometrics too is a challenge that needs to be addressed. Evolving technology here is the key to tackle these challenges. The world is now being connected by wireless technologies, numbers replaced by touches, identification
  • 40. Warden Security Systems Defining 'Security' Differently Warden Security Systems Pvt Ltd., an ISO 9001-2015 certified organization has its major focus in manufacturing and distribution of various Cliometric Access Control systems & Entrance automation products and integrated solutions to system integrators, software developers, and product resellers. With an experience of more than a decade, Warden Security Systems establishes the availability of the same with customized ready-to-use applications on various platforms and multiple technologies for security and convenience. As an independent supplier of integrated solutions for various applications, the company has been working in close association with world leaders of the technology to provide the best and cost-effective products to its customers. Warden is also amongst the first few companies which designs and manufactures IoT controllers and Fingerprint access controllers based on the different requirements of the users. Warden is also working with various application development companies to provide a complete integrated solution be it simple access control or complete premises management solution. The Big Picture With technology infiltrating every aspect of modern living and our world becoming increasingly digitized, protecting confidential information is becoming all the more difficult. Passwords and keys were once considered sufficient to provide data security but now they look increasingly feeble in the face of sophisticated hacker attacks. In fact, passwords are the weakest link in an organization’s security system. This is mainly because they are shareable and even those with strong entropy can be cracked by a variety of methods and combinations. The recent reports of network security breaches and identity thefts further affirm the fact that a strong authentication method is the need of today’s time. This has put the focus on biometric security as it is the only effective way to prove an individual’s identity. Biometric traits are inherent and unique to each individual and comprise of physical and behavioral characteristics such as fingerprints, face, iris, gait, voice etc. Therefore, biometric security systems can verify an individual’s identity with utmost accuracy and reliability since biometric traits are part of the individual’s being. Challenges in the deployment of Biometric technologies have reduced over the past few year, thanks to advancement in the technology. However, the real challenge lies in effectively managing the biometric data and the security concerns involved during transfer and deployment of such data across different platforms and verticals. The opportunities lie in successful integration of such data across various applications to make biometric a unique single identity and for a complete integrated solution The Inspirational Force behind Warden Varun Sachdev – CEO of Warden Security Systems, has helped the company to grow from a start-up to a leader in biometric technology and the entry automation system’s industry. As a CEO, he has spearheaded many strategic partnership initiatives and played a crucial role in the company’s product development roadmap. Varun is responsible for overseeing business development and marketing activities, building partnerships, government outreach, and providing senior leadership on business & policy issues. His vision is to develop an insightful and technology-driven business matrix where success is a process and their esteemed clients are partners in growth. “No customer is small to us and we have a product or a solution for everyone. We have been constantly adding new products and on latest available technology to further enhance our product portfolio,” says Varun. Innovative Services and Solutions Warden Security Systems by its products & solutions makes security more convenient, accurate, and reliable than ever before! Using biometric technology, Warden enables businesses, global organizations, and borders to simplify identity management, resulting in improved safety, and protection. Providing ready stocks of various smart cards, readers, August 2019|38
  • 41. No customer is small to us and we have a product or a solution for everyone scanners, and accessories for testing, evaluation, satisfactory pre-sales, and post-sales support have been the key to their success. This has enabled system integrator, software developers & product re-sellers to successfully integrate the emerging technology products with their solutions to provide timely delivery to their clients saving both time, effort, and in turn gaining a satisfied client to their ever-growing client list. At Warden, each customer and every project is catered to with utmost care to meet their requirements at each level of the project. Warden happens to be a biometric master when it comes to protecting your privacy from others. It uses fingerprint, iris, and behavioural biometrics. Moreover, it provides a wide range of products to its customers such as biometric fingerprint enabled time attendance system, Access Control Systems, entry automation systems, Aadhaar enabled devices, etc. Team Warden acknowledges each of the client’s issues and do a thorough research and provide a solution, which can serve their purpose for years to come and thereby cutting down on their cost in various sectors of Human Resource Management across the company. Designing & developing innovative products based on complex set of technologies has given Warden an experience to work on wide range of platform like Web, Mobile, Desktop & Embedded. It’s amongst the global companies which have the abilities to understand client requirements and then Design both Hardware & Software on a wide range of platforms for Identification, Automation & Tracking applications. With almost twelve years of experience and millions of end users across the globe, Warden Security Systems delivers innovative, scalable, and practical identity management solutions that increase security and convenience while saving money, building accountability and establishing a trust for governments and businesses around the world. The company continues to innovate, build, and deliver leading- edge enterprise biometric solutions that transform the industry and expand the applicability of biometric technology in the marketplace. The Success Saga On account of its services, the company has won numerous awards in the biometric sector. Recently, the company has been awarded as Best Access Control & Entrance Automation Systems & Solutions company in Bangalore by South Indian Business Awards(SIBA) on 26th july 2019. Moreover, the company has also awarded as Most advanced access control & entrance automation solutions company by Indian Leadership awards ( ILA) on 28th July 2019. Upcoming Endeavours Warden has always focussed on provided better, secure, and cost-effective solutions for different type of clientele. In order to cater to the unique and specific requirements of different customers, Warden has started to design and manufacture custom-based products for the customers. This also included proprietary design and tailor made products and solutions only for that customer. Warden also has started with design and assembly of its entire range of entrance automation products giving it an advantage over its competitors. Varun Sachdev CEO THE 10 MOST RECOMMENDED BIO-METRICBIO-METRICCompanies to watch in 2019 39August 2019|