Identix Delivers ATM/POS Biometric Fingerprint Scanning Application to Reynosa, Mexico.SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 14, 1999-- Consortium of Companies Delivers Solution Eliminating PINs and Increasing Security at ATMs and POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale Terminals Identix Incorporated (AMEX AMEX See: American Stock Exchange :IDX (IDX Systems Corporation, South Burlington, VT, www.idx.com) One of the largest health care information systems companies in the country, acquired in 2006 by GE Healthcare (www.gehealthcare.com), a unit of the General Electric Company. ), a worldwide leader in providing live-scan and biometric verification systems, announced today that it has partnered with several technology companies to provide a smart card-based, biometric secured ATM solution to Groupo Financiero Banorte, a leading financial concern in Mexico. Mexico's 600-branch Groupo Financiero Banorte has installed an electronic banking system, called CardStore, utilizing a smart card to store payroll information and a fingerprint to protect that information. The solution will potentially reach the vast majority of Mexican citizens who have no bank accounts. The system capitalizes on the close relationships among small-town factories (maquiladora ma·qui·la·do·ra n. An assembly plant in Mexico, especially one along the border between the United States and Mexico, to which foreign materials and parts are shipped and from which the finished product is returned to the original market. ), their employees, and the general stores that serve them. Currently over 4,000 workers are participating in the project and over $2.5 million have been dispersed by the ATMs during the pilot. Identix's IT Security Division, Identicator Technology, Inc., partnered with the Victor, NY-based NetLink Transactions Systems Corp. to incorporate Identicator's Direct Fingerprint Reader A scanner used to identify a person's fingerprint for security purposes. After a sample is taken, access to a computer or other system is granted if the fingerprint matches the stored sample. A PIN may also be used with the fingerprint sample. hardware and software into the final solution. ICL (International Computers Ltd., London) The former name of Fujitsu Services, the European-centered arm of the global Fujitsu Group and one of the leading IT services companies in Europe, the Middle East and Africa. , the San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif.-based supplier of IT systems and services and wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Fujitsu, is supplying the ATM. The fingerprint, stored on the smart card, replaces passwords and PIN numbers for the worker's convenience and adds security, since it cannot be used by anyone else. The MetaCard, provided by Reston, VA-based Giesecke & Devrient America, is a multi-application smart card that will serve more than 650,000 Mexican workers by the year 2001. The card incorporates reloadable payroll and retail coupons, which can be redeemed by employees at grocery stores and ATMs. "This is another great utilization of our technology in an ATM/POS environment," said Randy Fowler, Chairman and 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 Identix. "This is similar to Spain's TASS TASS - Template ASSembly language. Intermediate language produced by the Manchester SISAL compiler. project that utilizes over 600 ATMs with an integrated fingerprint scanner and the U.S. Treasury's E-Money POS application at Ft. Sill. We are excited to work with such an esteemed cadre of companies," Fowler continued. The technology is currently being used to provide employees secure and convenient access to cash from their paychecks. At the beginning of the work shift, an employee inserts a smart card in an electronic reader and places a finger on a fingerprint scanner to authenticate the user to the card. This enables employers to collect time and attendance information for payroll purposes. At the end of the pay period, employees can retrieve cash from an ATM, which dispenses pesos, using the smart card. The same card works at the cafeteria in the factory and retail stores nearby the factory. Identicator's fingerprint technology was chosen as the most desirable biometric system in a competitive pilot study of nine biometric technologies conducted by NetLink. "Identicator's technology was the fastest, most accurate and easy to use biometric of the products tested in the field," said Don Sweet, president of NetLink Transaction Systems. "We are excited about Identicator's technology because it enables us to work with our commercial customers to provide individuals with immediate and secure access to their funds at their site of employment," said Prudencio Frigolet, Vice President of Banorte. "By embedding account balance, transaction history and fingerprint data on the smart card, customers can quickly and easily withdraw cash from their place of employment. And, with the fingerprint recognition Fingerprint recognition or fingerprint authentication refers to the automated method of verifying a match between two human fingerprints. Fingerprints are one of many forms of biometrics used to identify an individual and verify their identity. , the potential for theft and misuse has been greatly reduced," said Scott Anderson Scott Anderson is the name of:
Please [ improve this article] or discuss the issue on the talk page. division for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . About Identix Incorporated Identix Incorporated, www.Identix.com, based in Sunnyvale, Calif., is a leader in designing, developing, manufacturing and marketing products for the capture and/or comparison of fingerprints for security, anti-fraud, law enforcement and other applications. Through Identicator Technology, Inc., Identix's IT Security division, Identix designs and develops proprietary, cost-effective security products and solutions for personal identification and verification. Identicator Technology provides a wide range of applications to markets that include corporate enterprise security, Intranet, extranet and Internet access and security, e-commerce, government and law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). and physical access. Contact: Investor Relations Investor relations The process by which the corporation communicates with its investors. Department, 408/731-2021. About NetLink Transactions Systems Corp. NetLink Corp., headquartered in Victor, NY develops, markets, and sells integrated smart card based financial systems. NetLink's pilot time and attendance/payroll system has been operating in Reynosa, Mexico for over one and a half years. Contact: Don Sweet, President of NetLink, 716/924-0226. About ICL ICL, headquartered in London, is a global IT services company and a wholly owned subsidiary of Fujitsu. It designs, builds and operates information systems and services for customers in the retail, finance, government, telecom, utilities and travel markets. The company has operations in over 40 countries and employs over 22,500 people. Contact: Mary Hoover, VP of Marketing, ICL, 619/458-5480 About Giesecke & Devrient GmbH Giesecke & Devrient GmbH is a world leader in the development and production of cards and card systems, including microprocessors, memory, and magnetic stripe cards. A privately held, Munich-based corporation, Giesecke & Devrient employs over 4,300 people worldwide in its operating units in Germany, Belgium, Spain, Mexico, China, Russia, Singapore, Australia, South Africa, Canada, and the United States. The Virginia-based company focuses its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales and development efforts on products for Giesecke & Devrient's Card and Card Systems Division and its pioneering currency processing systems which are used by major central banks and leading commercial banks throughout the world. Contact: Claudia Watson, Corporate Communications Group for G&D, 703/620-8843 The statements in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties pertaining to the Company's demand for products and services, development of markets for the Company's products and services, product development risks, risks related to partnering and joint ventures, International sales and other risks as identified in the Company's SEC filings. Actual results, events and performance may differ materially. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events. |
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