|CompuLynx Delivers the SecuGen Hamster™ IV Fingerprint Reader to Kenya’s Largest Retail Bank
Santa Clara, California (June 29, 2010) – SecuGen, the world’s leading optical fingerprint device vendor, is pleased to announce that CompuLynx, of Nairobi Kenya, has successfully integrated the SecuGen Hamster™ IV into the Account Holder Biometric Authentication & Identification System for one of the largest retail banks in Kenya.
With over four million accounts and a network of over 115 branches, the bank turned to CompuLynx to develop a biometric-based authentication system to help solve the bank’s difficult challenge of reliably authenticating its millions of account holders in a country without national ID cards. This solution offers the bank several clear benefits. Among these benefits, account holders are identified accurately, securely, and rapidly with a concomitant increase in customer satisfaction, as well as a drastic reduction in financial fraud associated with identify theft.
“We equipped the branches with SecuGen Hamster IV fingerprint readers and biometric software to enable first time registration as well as authentication for subsequent transactions,” said Chaula Ganatra, the head of Sales & Marketing (Africa) of CompuLynx. “We selected the Hamster IV because of its exceptionally high image quality, rugged construction, and affordability. We have been very happy with the quality of the product and the responsiveness of SecuGen as a company.”
The authentication system includes a Central Biometric Database at the bank’s data center that stores a single biometric profile per customer, regardless of the number of accounts held by a customer. Each branch is connected to the database, which performs ultra-high speed biometric identification for up to 50,000 fingerprints to check for duplication. For each transaction that involves withdrawing cash, customers’ identities are verified by matching their fingerprints one-to-one with their stored profiles. By avoiding duplicate profiles and securing authentication, fingerprint biometrics has helped to reduce fraud and identity theft, while streamlining the entire process for the bank’s retail customers. The system is expected to grow to a database of more than 4 million customers for all of the bank’s branches.
“CompuLynx is a world class IT company with deep biometrics and smartcard skills,” said Jeff Brown, VP of Sales for SecuGen. “They have proven ability to successfully design, develop and implement real-world biometrics and smartcard systems. We are very pleased to count them as our partner. Partnerships such as this one are keys to our own success.”
Won Lee, CEO of SecuGen added, “We have always focused our efforts on providing technology, products and solutions that allow our partners to build effective biometrics based systems. Clearly, partnering with a company of the quality of CompuLynx is a confirmation of this strategy.”
SecuGen is a registered trademark of SecuGen Corporation in the United States and other countries.