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NCR helps Qatari bank put its finger on accountholder security

August 8, 2016

The Commercial Bank, Qatar’s first private bank, has become the first financial institution in Middle Eastern nation to introduce finger vein authentication technology from NCR and 01 Systems.

An NCR Corp. press release said that the technology is expected to speed-up authentication and accelerate ATM transactions.

The finger vein biometric authentication technology uses pattern-recognition techniques based on images of veins below the surface of the skin to identify individuals and verify their identity.

"Finger vein technology is the first-to-market innovation that will give customers easy, secure access to our ATM machines and will set a new authentication technology standard to protect our customers’ accounts," said Commercial Bank COO Samir Sheikh.

NCR also said it has signed an agreement with Commercial Bank under which it will provide software and omnichannel technologies to aid in the bank's branch transformation efforts over the next few years.

"NCR is working closely with Commercial Bank in their transformational journey of being a truly world class bank offering the latest in omnichannel technology and innovations to improve efficiency, increase revenue and lower cost of operations," said NCR Qatar Country General Manager Hicham Yamout.

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