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Woori Bank Deploys Veridicom Biometric Technology

Friday 23 July 2004 00:41 CET | News

Veridicom International has deployed its fingerprint sensors at Koreas Woori Bank to enable secure banking transactions. The fingerprint sensors are used to authenticate bank customers at bank machines throughout Korea, as well as for banking transactions on the Internet. Woori is one of Koreas largest banks and a member of Woori Finance Holdings. Veridicoms technology replaces traditional password authentication with fingerprint recognition technology for Internet banking. In addition, Veridicoms fingerprint sensors have been integrated into Woori Banks ATM and cash dispensing machines across its branch network. Woori Bank has 750 branches and approximately 15,000 users are enabled for its Bio-Banking Internet service. In addition, fingerprint sensors are being deployed at 4,000 bank machines to secure cash transactions. The integration of the Veridicom sensors was completed by Real ID Technologies, Veridicoms Korean partner who supports the companys technology to a diverse Korean customer base.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce