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Fiserv, Fujitsu to offer PalmSecure customer ID in branches

Banks that integrate the secure palm vein biometrics solution into their DNA IT platform will be better able to protect their customers from fraud, the companies say.

July 27, 2015

Fujitsu Frontech North America Inc., a front-end technology solutions provider, and Fiserv Inc., a financial services technology solutions provider have entered an agreement to integrate Fujitsu PalmSecure biometric technology into the DNA account processing platform from Fiserv.

PalmSecure technology enables positive identification of accountholders across multiple delivery channels, a press release from the partners said. Initially it will serve in the branch environment to provide positive identity verification for activities such as funds withdrawal or safety deposit box access.

Fujitsu PalmSecure biometric palm vein sensors use a near-infrared light to capture a user's palm vein pattern, generating a unique biometric template that is matched against the palm vein patterns of preregistered users.

The PalmSecure device does not come into contact with the skin, making it extremely hygienic, nonintrusive and unrestricted by external factors such as skin types and conditions. Registration for PalmSecure technology users takes less than one minute and authentication takes less than one second, the release said.

"The security and integrity of customer financial transactions are paramount for our bank and credit union clients," said Steve Cameron, group president of the Open Solutions division at Fiserv. "Integrating Fujitsu's PalmSecure biometrics technology with the DNA account processing platform gives our clients an innovative choice for accountholder verification that can reduce risk and advance their branch-of-the-future strategies."

Built on modern, standards-based languages and an open, highly scalable architecture, DNA from Fiserv allows banks and credit unions to customize functionality while improving efficiency and enhancing service.