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

  • ITS Australia: National Awards 2019 nominees
    October 15, 2019
    An autonomous Mobility as a Service pilot at a retirement village is among the nominees in ITS Australia’s National Awards 2019. Aurrigo is exploring how the technology will be used safely by elderly passengers in an environment where technical systems are not well understood. The Queensland Police Service’s forensic crash unit has also been nominated - for using drones to map crash scenes to help reduce road closure times and traffic congestion. In addition, Cooee Busways was chosen for using vehicl
    Read More
  • Noptel puts lasers in the spotlight
    October 24, 2012
    Finnish company Noptel plans to highlight its laser distance sensors used for traffic control at the World Congress. It will particularly be focusing on its Speeder X1 laser radar, which determines vehicle speed as well as its height and length.
    Read More
  • Book your place at MaaS Market Conference
    February 3, 2017
    MaaS Market, which concentrates on Mobility as a Service, takes place at the Inmarsat Conference Centre, London, UK on 22 and 23 March 2017, looking at new ways of getting people to their destination and new ways for them to pay for transport services. There are only a limited number of delegate places still available for this two-day, international, senior-level conference, so visit www.MaaS-Market.com to view the programme and reserve your place.
    Read More
  • Basler shows selection ace GigE and ace USB cameras
    March 25, 2014
    Germany-headquartered camera manufacturer Basler is here at Intertraffic Amsterdam 2014 with a an extensive selection of ace GigE and ace USB cameras as well as IP cameras suitable for ITS applications, and also to present the world premiere of a new IP network camera feature with real-time trigger function and YUV output format. The implementation of the unique real-time trigger function to record individual JPEG images of specific events, such as traffic violations, parallel to the video stream was a grou
    Read More

Highlighted Content