08 February 2016

Bridge Community Bank introduces in-branch biometric security

24 January 2013  |  6053 views  |  0 digital fingerprints

Bridge Community Bank is introducing a biometrics-based system from Tascet for verifying customers in branches.

The bank's current and new account holders can now sign up for a Tascet Financial Iconn - a digital representation of their identity - in branches, where the vendor's technology will be installed early this year.

To get an Iconn, customers submit fingerprint and facial biometric data as well as their name, address, date and country of birth and gender. Tascet uses this data to generate a 16-digit 'financial security number' which is linked to the customer account. To identify themselves in a branch and carry out transactions, customers then provide their name and fingerprint.

Bob Steen, CEO of Bridge Community Bank, says: "The Financial Iconn approach eliminates many of the hurdles associated with identity. At the end of the day, both the consumer and the bank have the highest degree of confidence in knowing who is on each end of the transaction."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

13 December, 2012
05 November, 2012
24 October, 2012
25 April, 2012
07 February, 2012
12 August, 2010

Top topics

Most viewed Most shared
Fintech rising: Resistance is futile, says...
11210 views comments | 50 tweets | 42 linkedin
Digital transformation driving earnings at...
9483 views comments | 46 tweets | 36 linkedin
ECB eyes up European P2P payments
7832 views comments | 28 tweets | 38 linkedin
Visa opens up to developers
7785 views comments | 23 tweets | 41 linkedin
It may take ten years, but blockchain tech...
6498 views comments | 20 tweets | 19 linkedin

Featured job

Find your next job