bank of africa uganda ltd. deploys biometric system for account holder identification
TRANSCRIPT
Case Study Bank of Africa Uganda Ltd. Deploys
Biometric System for Account Holder Identification
Case Study : Bank of Africa Uganda Ltd. Deploys Biometric System for Account Holder Identification
In 2014, M2SYS Technology worked with Bank of Africa Uganda Ltd. in order to integrate a fingerprint based bank account holder identification system with their core banking software. Currently there are more than 1.5 lakh bank account holders authenticated daily with fingerprint biometrics from more than 125 terminals throughout their countrywide branches.
Contact Information: +1 770 [email protected] | www.m2sys.com1050 Crown Pointe Pkwy │ Suite 850 │ Atlanta, GA 30338 USA
Challenges:
Accurate customer identification
Eliminate financial identity theft
Prevent banking fraud
Establish concrete audit trail of
transactions
Contact Information: +1 770 [email protected] | www.m2sys.com1050 Crown Pointe Pkwy │ Suite 850 │ Atlanta, GA 30338 USA
Case Study : Bank of Africa Uganda Ltd. Deploys Biometric System for Account Holder Identification
Solution:
Bank of Africa, Uganda choose the Bio-Plugin™ biometric SDK to integrate biometric identification system with their core banking software, “Capital Banking Solution.” They also considered the M2-S™ Fingerprint Reader as the biometric input device for accurate scanning and high quality fingerprint images. Below are the major deployment requirements of this project:
Integration of fingerprint biometric identification system
Rapid integration with the core banking software
(Capital Banking Solution)
Enabling multi-modal biometric functionality
125 biometric terminals in different branches across
Uganda
Database capacity of registering 1.5 lakh bank account
holders
Contact Information: +1 770 [email protected] | www.m2sys.com1050 Crown Pointe Pkwy │ Suite 850 │ Atlanta, GA 30338 USA
Case Study : Bank of Africa Uganda Ltd. Deploys Biometric System for Account Holder Identification
Solution (continued):
Bio-Plugin™ is a revolutionary biometric middleware solution that allows developers to rapidly integrate a multi-modal biometrics system without the development work required from a low level biometric SDK. Below are the features and benefits of the solution:
Features: Supports fingerprint, finger vein, palm
vein, iris, facial and voice recognition Supports any SQL compliant database,
including MS SQL Server, Access, MySQL, Oracle 9i, DB2, Informix
Scalable, high-performance matching server for large implementations
Compatible with Windows and Web applications
Benefits: Integrate a complete biometric system in a
few hours No system dependencies Includes biometric verification (1:1) and
robust identification (1:N) software Easily mix-and-match biometric modalities
and devices without additional programming
Simple, affordable licensing model
Contact Us for Bio-Plugin™ SDK
Contact Information: +1 770 [email protected] | www.m2sys.com1050 Crown Pointe Pkwy │ Suite 850 │ Atlanta, GA 30338 USA
Case Study : Bank of Africa Uganda Ltd. Deploys Biometric System for Account Holder Identification
Benefits:The deployment was a real success for Bank of Africa Uganda Ltd. Identity theft issues due to improper customer identification were reduced to almost zero. Listed below are the benefits they received after the deployment:
Accurate customer identification
Fast and secure transactions
Concrete audit trails of transactions
Prevention of banking fraud
Convenience to the banking system
Contact Information: +1 770 [email protected] | www.m2sys.com1050 Crown Pointe Pkwy │ Suite 850 │ Atlanta, GA 30338 USA
Case Study : Bank of Africa Uganda Ltd. Deploys Biometric System for Account Holder Identification
About M2SYS:
Delivers innovative, scalable, and practical identity management solutions that increase security and convenience
Millions of customers in more than 100 countries worldwide ISO 9001:2008 Quality Management System (QMS) Certified Company Registered vendor for The United Nations Global Marketplace portal (UNGM # 377090).
M2SYS Technology is U.S. based, biometric research and development firm. Our goal is to enable end users to capitalize on the benefits of using biometrics for security and identity management by accelerating their return on investment (ROI).
Contact Information: +1 770 [email protected] | www.m2sys.com1050 Crown Pointe Pkwy │ Suite 850 │ Atlanta, GA 30338 USA
Case Study : Bank of Africa Uganda Ltd. Deploys Biometric System for Account Holder Identification