Eye on the Bank - IrisGuard, Innovative Technology, You Can Bank On.GENEVA, Switzerland -- Cooperative & Agricultural Credit Bank (CAC See Consumer Advisory Council. ), Sana'a, Republic Of Yemen Noun 1. Republic of Yemen - a republic on the southwestern shores of the Arabian Peninsula on the Indian Ocean; formed in 1990 Yemen Aden-Abyan Islamic Army, Islamic Army of Aden, Islamic Army of Aden-Abyan, IAA - Yemen-based terrorist group that supports , has awarded a contract to IrisGuard Inc., to provide a comprehensive, turn-key iris biometric identification Noun 1. biometric identification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or management system for CAC Bank's customers. The stellar IrisGuard iBank Suite[R] will be used to authenticate banking transactions for all the bank's clients. Cooperative & Agricultural Credit Bank is the largest agricultural, corporate, retail and commercial bank in Yemen. The bank is the first bank in the republic to deploy IrisGuard iBank Suite[R] and iris imagers at all its branches in Yemen. CAC Bank currently has over 50 branches, throughout the region. Prior deployment CAC Bank has extensively evaluated and trialled the integrated iBank[R] solution within all its financial applications. All Teller and Customer Services desks will be fully equipped with the state-of-the-art, worlds most accurate, fastest and field-tested IrisGuard IG-AD100 iris imagers. IrisGuard iBank Suite[R] incorporates novel identity security techniques such as NextGen[R] algorithms, digital certificates, electronic nounces and multi-level encryption; in-order to provide data integrity and privacy of biometric data transmitted across the network. IrisGuard iBank Suite[R] is based on its award winning, resilient Iris Farm Architecture[R] (IFA Immunofluorescent assay (IFA) A blood test sometimes used to confirm ELISA results instead of using the Western blotting. In an IFA test, HIV antigen is mixed with a fluorescent compound and then with a sample of the patient's blood. NextGen) which has been operating worldwide since 2001 Reducing the risk of fraud, identity theft and unauthorized access by protecting confidentiality, integrity, availability and non-repudiation are key to successful banking systems today. IrisGuard's NextGen[R] Iris Recognition Iris recognition is a method of biometric authentication that uses pattern recognition techniques based on high-resolution images of the irides of an individual's eyes. Not to be confused with another less prevalent ocular-based technology, retina scanning, iris recognition uses iBank Suite[R] plays a preponderant pre·pon·der·ant adj. Having superior weight, force, importance, or influence. See Synonyms at dominant. pre·pon  der·ant·ly adv. contribution in providing all these essential services.
"Cooperative & Agricultural Credit Bank and other banks in the region recognize and acknowledge the pristine customer authentication value of our ubiquitous iBank[R] suite, which offers enhanced identification to their clients by eradicating poor identification methods such as Pin Codes (Personal Identification Number) and Password. We commend CAC Bank for their technology leadership and vision in Yemen"; commented Imad K. Malhas, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of IrisGuard. Banks worldwide have recognized the importance of IrisGuard's iBank Suite[R] technology to retain their competitiveness advantage and customer loyalty in the rapidly changing business environment. Most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , especially today, the need to establish and maintain customer trust, security, enhanced service by using the iBank Suite[R] fraud prevention measures within banking applications. "CAC Bank continues to solidify its pioneering leadership position in the banking and financial sector throughout Yemen, by deploying IrisGuard's trusted banking solutions, we are effectively, maximizing our customer's convenience, experience and services. By relying on the latest state-of-the-art iris technology we bring to our customers fast, accurate and secure banking transactions be it at the Automated Teller Machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. (ATM) or at the Teller/Customer Service Desks with speedy trusted withdrawals"; commented Mr. Hafed Mayad the chairman of Cooperative & Agricultural Credit Bank. IrisGuard iBank Suite[R] can be deployed in a diverse range of ways in the financial sector. Later this year, IrisGuard's strong authentication suite will be extended to customer internet online-banking services and employee time and attendance. Additionally all 80 ATM's units deployed at Cooperative & Agricultural Credit Bank branches throughout Yemen will be equipped with the latest Dual Eye IG-AD100[R] Iris Cameras with enhanced user interface thus providing greater user security, usability, accountability, accuracy and low operational cost, which will ultimately reduces the total cost of ownership for banks worldwide. Cooperative & Agricultural Credit Bank CAC Bank is an independent government bank. It was established in 1982 after the merge of the ex-agricultural Credit Bank and National Cooperative Bank The National Consumer Cooperative Bank (NCCB) was created and chartered by the National Consumer Cooperative Bank Act (92 Stat. 499, 12 U.S.C.A. 3001), enacted on August 20, 1978. The bank is directed by the act to encourage the development of new and existing cooperatives. for Development. CAC Bank offers all types of banking activities in strict compliance with regulatory bodies. CAC Bank has the largest network of branches that consists of 53 branches and offices spread all over the governorates of Yemen Yemen is divided into 21 governorates (muhafazah): Division Capital City Pop (2004) Key Abyan Zinjibar ??? 1 'Adan Aden 1,000,000 2 Ad Dali' 470,460 3 Al Bayda' Al Bayda 571,778 4 Al Hudaydah Al Hudaydah 2,161,379 5 Al Jawf Al Hazm Al Jawf 451,426 6 . Learn more at http://www.cacbank.com/ About IrisGuard Inc. IrisGuard, provides large-scale Iris biometric Banking & Finance and Homeland Security solutions focused on managing identity requirements worldwide. IrisGuard supports its customers and system integrators in building extensive iris solutions requiring pristine imager devices, performance, scalability and accuracy. IrisGuard's offices are located in UK, Switzerland, Jordan and UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. . Learn more at http://www.irisguard.com or Visit: www.irisguard.tv |
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