LOS GATOS, Calif. -- Chile-based Banco Falabella is using biometric software and fingerprint readers provided by Identix Incorporated (Amex: IDX), to provide heightened security for its customers, while eliminating the need for customers to remember passwords
Banco Falabella has integrated Identix's fingerprint technology into five Diebold ATMs to replace PIN numbers for customer withdrawals. The bank has installed Identix's BioLogon software and 150 MT Digit fingerprint readers at teller windows in some of its banks, where customers will be required to verify their identity via the fingerprint readers prior to performing a transaction. The bank has also installed BioLogon and 50 MT Digit fingerprint readers at its credit card centers to verify customer identification prior to making a withdrawal on a card.
Identix Chairman and Chief Eexecutive Officer Robert McCashin said, "We are seeing strong opportunity in the global banking industry, and the financial vertical market in general, for biometric solutions to provide greater security with the customer benefit of convenience."
