AUSTIN, Texas--(BUSINESS WIRE)--HID Global®, a worldwide leader in trusted identity solutions, is driving biometrics adoption throughout Latin America, and especially in Mexico, ahead of the October 2018 deadline set by the country’s National Banking and Security Commission (CNBV) to deploy fingerprint identification technology across financial institutions.
“Banks, government services agencies and commercial entities in Latin America have embraced our biometrics solutions over the past decade because of their speed, accuracy, reliability and fraud-fighting capabilities,” said Greg Sarrail, Vice President of Global Sales, Extended Access Technologies, Biometrics with HID Global. “Now we are helping to extend these benefits across Mexico’s banking infrastructure as part of a major initiative to curb identity theft.”
HID Global’s Lumidigm® biometrics sensors with multispectral imaging technology are currently used in Latin America’s retail banks, financial institutions and government agencies to create a more convenient customer experience while increasing the security of ATM and other transactions.
- More than 115,000 multispectral fingerprint sensors are deployed in Brazil to protect billions of ATM transactions per year, with nearly 80 percent of the nation’s ATMs used by over 85 million banking customers.
- Financial institutions in Chile and Argentina have embraced HID’s technology to secure pension payments for over one million elderly citizens.
- HID’s multispectral fingerprint devices have helped eliminate fraud in Mexico’s national vaccination program and other healthcare initiatives that provide millions of underprivileged citizens with subsidies for medicine and medical care.
The company’s biometrics sensors are also used extensively in commercial applications in Mexico, including verifying identity for more than 70,000 members of a large fitness club franchise. Now, the same technology is poised to improve banking security and convenience in Mexico as the CNVB gets closer to the October 2018 deadline for financial institutions to verify their customers’ identity using fingerprint biometrics when creating accounts, applying for loans and conducting other transactions.
HID’s patented multispectral fingerprint imaging technology captures unique characteristics from both the surface and subsurface of the skin, providing the most reliable fingerprint capture technology available. Multispectral fingerprinting works for the broadest range of people with normal, wet, dry or damaged fingers, across the widest range of usage conditions--from dirt and grease to sunlight to wet or cold conditions. HID Global’s Lumidigm biometrics solutions also feature field-updatable “liveness detection” capabilities that help eliminate fraud by preventing the use of fake fingerprints or “spoof” attacks. The devices use a top-ranked NIST certified MINEX III minutia algorithm for proven interoperability with industry-standard fingerprint template databases.
See HID Global’s Lumidigm Biometrics Solutions at Expo Seguridad Mexico
HID will be demonstrating its biometrics solutions at Expo Seguridad Mexico from April 24-26 in Stand #3131 at the Centro CitiBanamex in Mexico City.
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About HID Global
HID Global powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people around the world use HID products and services to navigate their everyday lives, and over 2 billion things are connected through HID technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet. Headquartered in Austin, Texas, HID Global has over 3,000 employees worldwide and operates international offices that support more than 100 countries. HID Global® is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.
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