DigitalPersona buys biometrics ID business Identity Stream

California-based biometric identity verification specialist DigitalPersona has bought Identity Stream, whose focus is using biometrics to ensure positive identification in banks and other financial institutions. Identity Stream’s software is currently marketed with Temenos – a relationship that will continue - as T24 Biometrics and provides “one touch” identification for any transaction in the TEMENOS T24 core banking system. The solution identifies customers and employees by scanning their fingerprints an
October 29, 2013 Read time: 1 min
Agostinelli: ‘Tremendous potential’
California-based biometric identity verification specialist DigitalPersona has bought Identity Stream, whose focus is using biometrics to ensure positive identification in banks and other financial institutions.  

Identity Stream’s software is currently marketed with Temenos – a relationship that will continue - as T24 Biometrics and provides “one touch” identification for any transaction in the TEMENOS T24 core banking system. The solution identifies customers and employees by scanning their fingerprints and matching that unique identifier with an identity profile stored on a secure server. “Integrating this software with our biometrics-based solutions will expand its functionality and give financial institutions more choices,” said Richard Agostinelli, DigitalPersona president and CEO.

“We see tremendous market potential for solutions like this on a global basis.” He added that there was growth in the sector due to increasingly sophisticated security threats and a need to improve service levels without increasing operating costs.
%$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 oLinkExternal www.DigitalPersona.com http://www.digitalpersona.com/ false http://www.digitalpersona.com/ false false%>

Related Content

  • Secure RFID is at the heart of i-SiD
    March 21, 2018
    Their passion is RFID security and the start-up company i-SiD is passionate about getting the message across to visitors at their stand. All five employees of i-SiD – a company embedded within multinational G+D Mobile Security – are showcasing the security aspect of their cloud-based solution that offers the possibility to use UHF-based identities in heterogeneous environments for a variety of scenarios. Until now, key management has proven to be a major show-stopper while setting up an open and secure
    Read More
  • Amsterdam implements Agendum digital parking enforcement
    February 28, 2014
    Last month, the City of Amsterdam achieved a first with the implementation of its new digital Penalty Charge Notice (PCN), facilitated by the Scanman application developed by Agendum, a Dutch parking enforcement solutions specialist. Agendum points out that although the first step in increasing the efficiency of parking enforcement is digital scanning of licence plates by using mobile ANPR, a fast and accurate back-office is required in order to gain efficiency in the whole enforcement process. The
    Read More
  • MaaS Markets conference leads delegates from concept to delivery
    December 5, 2016
    MaaS Market is ITS International’s first conference and will provide delegates with the information they need to move from concept to delivery.
    Read More
  • ITS World Congress – programme highlights webinar and executive sessions
    August 19, 2015
    Ertico-ITS has arranged a programme highlights webinar to give participants an overview of the sessions, speakers, events and activities organised for the ITS World Congress in Bordeaux. On Wednesday 4 September at 1300 CEST, senior Congress Programme advisor Eric Sampson and director of Congresses Didier Gorteman will walk you through this year’s exciting programme by highlighting some of the most engaging sessions and events of the week.
    Read More

Highlighted Content