SANTA CLARA, Calif., June 29 (SEND2PRESS NEWSWIRE) — SecuGen, the world’s leading optical fingerprint device vendor, is pleased to announce that CompuLynx, of Nairobi Kenya, has successfully integrated the SecuGen Hamster(TM) IV into the Account Holder Biometric Authentication & Identification System for one of the largest retail banks in Kenya.
With over four million accounts and a network of over 115 branches, the bank turned to CompuLynx to develop a biometric-based authentication system to help solve the bank’s difficult challenge of reliably authenticating its millions of account holders in a country without national ID cards. This solution offers the bank several clear benefits. Among these benefits, account holders are identified accurately, securely, and rapidly with a concomitant increase in customer satisfaction, as well as a drastic reduction in financial fraud associated with identify theft.
“We equipped the branches with SecuGen Hamster IV fingerprint readers and biometric software to enable first time registration as well as authentication for subsequent transactions,” said Chaula Ganatra, the head of Sales & Marketing (Africa) of CompuLynx. “We selected the Hamster IV because of its exceptionally high image quality, rugged construction, and affordability. We have been very happy with the quality of the product and the responsiveness of SecuGen as a company.”
The authentication system includes a Central Biometric Database at the bank’s data center that stores a single biometric profile per customer, regardless of the number of accounts held by a customer. Each branch is connected to the database, which performs ultra-high speed biometric identification for up to 50,000 fingerprints to check for duplication. For each transaction that involves withdrawing cash, customers’ identities are verified by matching their fingerprints one-to-one with their stored profiles. By avoiding duplicate profiles and securing authentication, fingerprint biometrics has helped to reduce fraud and identity theft, while streamlining the entire process for the bank’s retail customers. The system is expected to grow to a database of more than 4 million customers for all of the bank’s branches.
“CompuLynx is a world class IT company with deep biometrics and smartcard skills,” said Jeff Brown, VP of Sales for SecuGen. “They have proven ability to successfully design, develop and implement real-world biometrics and smartcard systems. We are very pleased to count them as our partner. Partnerships such as this one are keys to our own success.”
Won Lee, CEO of SecuGen added, “We have always focused our efforts on providing technology, products and solutions that allow our partners to build effective biometrics based systems. Clearly, partnering with a company of the quality of CompuLynx is a confirmation of this strategy.”
Established in 1994, CompuLynx Limited is an international IT and turnkey solutions provider based in Kenya with global delivery centers located in Dubai, India, and Singapore. Partnered with leading IT companies such as Oracle, IBM, Datacard, Sensormatic, IDTech, HID and Microsoft, CompuLynx provides products, solutions, platforms and consultancy services for various industries including retail, government, banking and financial services, transportation, hospitality and tourism. CompuLynx is a Kenya Top 100 Mid-Sized Company and is Kenya’s pioneering software solutions exporter for its globally acclaimed i-SMART retail solutions product.
SecuGen Corporation (www.secugen.com) is the world’s leading provider of advanced, optical fingerprint recognition technology, products, tools and platforms for physical and information security. SecuGen designs and develops FBI-certified fingerprint readers and OEM components, developer kits and software, including NIST/MINEX-compliant algorithms. Known for high quality, ruggedness, and performance in a wide variety of applications and environmental conditions, SecuGen products are used by world-leading financial, medical, government, educational and corporate institutions and are sold through a partner network of over 200 original equipment manufacturers, independent software vendors and system integrators around the world.
SecuGen(R) is a registered trademark of SecuGen Corp. in the United States and other countries.
News issued by: SecuGen Corporation
Original Image: https://www.send2press.com/mediaboom/10-0616-secugen_72dpi.jpg
# # #
Original Story ID: (6061) :: 2010-06-0629-001
Original Keywords: SecuGen Corporation, optical fingerprint device vendor, physical and information security, Account Holder Biometric Authentication Identification System, CompuLynx, of Nairobi Kenya SecuGen Corporation Santa Clara California SANTA CLARA, Calif.
Alternate Headline: SecuGen Hamster IV Fingerprint Reader Delivered to Kenya’s Largest Retail Bank
NEWS ARCHIVE NOTE: this archival news content, issued by the news source via Send2Press Newswire, was originally located in the Send2Press® 2004-2015 2.0 news platform and has been permanently converted/moved (and redirected) into our 3.0 platform. Also note the story “reads” counter (bottom of page) does not include any data prior to Oct. 30, 2016. This press release was originally published/issued: Tue, 29 Jun 2010 07:59:47 +0000
News Source: SecuGen Corporation