Using Biometric Palm Vein Technology To Strengthen Compliance
Hosts:
Bill Geary – Sales Manager, Retail & Education, Fujitsu Frontech North America
John Trader – Communications Specialist, M2SYS Technology
If tweeting during the presentation, please use hashtag #palmsecure
Agenda
• Company Overviews• The Cost of Non-Compliance• PCI Compliance• How Can Palm Vein Biometrics Help?
• Workforce Management Compliance• How Can Palm Vein Biometrics Help?
• Why Fujitsu Palm Vein Biometrics Technology?• Why M2SYS?• Contact Information
Fujitsu OverviewPalmSecure™ Biometric Solution
Company Leading Provider of Customer – Focused Information Technology and Communication Solutions Founded in 1935 – 76 years in existence Annual Revenue – $53 Billion Over 160,000 Employees 100+ Offices Worldwide
Products, Services and Support Delivering Computers, Software, Telecommunications, Microelectronics, Electronic Devices
– 34,000 Patents Providing Consulting, Systems Integration, IT Infrastructure, Solutions
– Third Largest IT Services Provider in the World Worldwide Support
Partners Partnerships with Leading Distributors, Resellers, ISV’s and Software Companies
Customers Most Global Fortune 500 Companies
M2SYS OverviewWe Simplify the Adoption of Biometric
Technology• Winner of 2007 Frost & Sullivan Biometrics Technology Innovation of the Year Award
• Winner of 2011 Frost & Sullivan North American Biometrics Industry New Product Innovation Award
• Primary Markets Served: Public Safety – Law Enforcement, Electoral, Healthcare, Banking, Education, POS, Childcare, Transportation, Workforce Management, Membership Management, Application Security
• Over 500 enterprise software integrators
• Tens of Thousands of End User Deployments in 90 Countries
• Unique Hybrid Biometric Platform™ solutions for rapid biometric adoption and deployment
• Headquarters in Atlanta, GA with Satellite Office in Asia
Components of PCI Compliance:
ManufacturersPCI/PTSPIN transaction security
Software Developers
PCI-PA-DSSPayment Application Vendors
Merchants and Processors
PCI DSSData Security Standard
Ecosystem of payment devices, apps, infrastructure and users
The Cost of PCI Non-Compliance:
• Effective security strategies lower the
cost of non-compliance
• Absence of enabling technologies
raises the reactive costs of non-
compliance
• Consequential costs can include
business disruption, productivity loss,
revenue loss and fines/penalties
The Cost of Non-Compliance:
The Cost of Non-Compliance:
How Can Biometrics Help?Palm Vein Biometrics to Strengthen PCI Compliance
Benefits:
• Passwords/Network Security• Stronger validation – eliminates sophisticated POS
passwords• Avoid costly security breaches – stops
unauthorized access using borrowed or stolen passwords
• Record Storage• Strengthens access control to areas containing
sensitive data• Cost savings
• Reduce help desk calls• Tactic to help lower largest contributor to shrink –
employee theft
Components of Workforce Management Compliance:Time and Labor Management
Employee Scheduling
Employee and Manager Self-Service
Absence and Leave Management
Workforce Analytics
Union Requirements & Gov’t Regulations
The Cost of Non-Compliance:
Workforce Management• Wal-Mart pays $172 million in 2005
• A&P pays $3.1 million in 2004
• Lawyer fees and court costs
• Productivity losses
• Irreparable damage to reputation and
consumer loyalty
The Cost Of Compliance:Workforce Management
According to the U.S. Department of Justice, an employer can be ordered to pay liquidated damages and back-pay as well as any criminal fine or penalty that is imposed in court. Criminal penalties under the Fair Labor Standards Act (FLSA) impose a fine of up to $10,000 on the first conviction and a fine of up to $10,000, a term of imprisonment of up to 6 months, or both, on all convictions after the first conviction.
How Can Biometrics Help?Palm Vein Biometrics to Strengthen WFM Compliance
• Stops time theft and buddy punching• Strengthens employee accountability• Improves productivity – no PINS or passwords• Concrete audit trail that provides irrefutable
proof • Eliminates identity fraud• Reduces payroll inflation and payroll errors• Solidifies value of punch restriction
Benefits:
Palm Vein Biometric ID Key Advantages
High Authentication Accuracy• FAR: 0.00008% • FRR: 0.01%
Non-Traceable and Non-Shareable Authentication Method• Delivering unmatched security and privacy that is virtually impossible to forge
Non-Intrusive Interface • Contactless solution that leaves no biometric footprints following authentication• High level of user acceptance
Applicable to All Users with Virtual No Enrollment Failure • Works regardless of ethnicity, age, and other demographical statistics • Highly applicable to all users due to minimal impact from external factors (abrasions, dry skin,
chemical damage, wearing skin lotion, etc.)
Why M2SYS?Key Advantages
• Instantly interfaces with any third-party WFM or POS application
• Custom versions already built for Kronos, ADP, Qqest, Zoll Data Systems, Empower, Fujitsu GlobalStore and others
• Can facilitate offline punch capture and discreet “typeless” schedule enforcement (Kronos and ADP)
• Easily scale to share templates across terminals or stores
• Seamless interface to end users
Contact Information
Bill GearySales Manager, Retail & EducationBiometric SolutionsFujitsu Frontech North America25902 Towne Centre DrFoothill Ranch, CA [email protected]+1-813-855 8452 office+1-813-380 9423 cellwww.fujitsu.com/us/services/biometrics/palm-vein/
John TraderCommunications SpecialistM2SYS Technology1050 Crown Pointe Pkwy.Suite 470Atlanta, GA [email protected]+1-770-393-0986 x34www.m2sys.com
Twitter: twitter.com/m2sysFacebook: facebook.com/m2sysLinkedIn: linkedin.com/company/
m2sys-technology
