Perhaps foreshadowing a future shift for micro-credit banks across the globe to start using biometrics for customer identification, we distributed a News Release today announcing that ASMAB, a micro-credit bank in the country of Benin, has started to use fingerprint biometric banking technology for customer identification. The genesis for ASMAB’s decision to start using fingerprint biometrics was the widespread fraud and corruption that plagued their business, specifically customers falsifying their identities. These problems were undermining customer confidence in their process so ASMAB (with help from HPC Informatique, a technology solutions provider) decided to incorporate fingerprint biometrics to identify customers, eliminating fraud and corruption in their system and helping to secure consumer confidence.
An article published today in the University of Vermont’s campus newspaper The Vermont Cynic reported that the campus recreation center has adopted M2SYS finger vein technology for student member identification. Tim Lewis, associate director for campus recreation made the decision to use finger vein biometrics for member identification after brainstorming ideas on how to eliminate students carrying ID cards. Happy to see our finger vein biometric identification system used at the University of Vermont through a partnership we have with Vermont Systems, a recreation and parks software provider based in Essex Junction, VT. Modern-day membership management software is designed to help create efficiencies that antiquated methods simply can’t provide. In an effort to eliminate ID cards, prevent identity fraud, and create a more convenient user experience, many membership management facilities are evaluating vascular biometrics (finger vein) for identification because of the distinct ...
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