The bank, in Nairobi, which caters to over 4 million accountholders and spans a massive chain of 115 branches, secured CompuLynx’s assistance in developing a biometric identification system to enhance security and minimize fraud and theft.
In a country where national IDs are non-existent, a secure integration of biometric devices in the banking system was necessary to deal with security issues that plague the bank and its users.
The problem of authentication, recognition and registration is a major hassle in banks worldwide. While most of the banks have already implemented biometric solutions to safeguard their clients’ interests, Kenya’s underdevelopment has disallowed it to keep pace with the current security developments.
CompuLynx has installed SecuGen Hamster IV biometric identification devices that will identify bank accountholders accurately using a Central Biometric Database that will create and store one biometric profile per person in order to enable first-time registration for users.
SecuGen Hamster IV was chosen due to its high image quality, affordability and rugged construction. Due to its configuration, this is one of the biometric devices that comes with an ultra high-speed capability, thereby allowing it to process up to 50,000 fingerprints to check for duplication. It also enhances connectivity across the several branches of the bank, as they are all connected with the database so as to enable efficient cross-referencing by the biometric identification system.
Biometric identification has greatly influenced how companies now perceive and tackle security concerns. There has been a significant reduction in cases of identity theft and fraudulence since Biometric Devices streamline the entire process for the bank’s retail customers. SecuGen Hamster IV is also used in various other places such as financial, medical, educational, governmental and corporate institutions.