Sberbank helps Russian schools introducing a highly safe and reliable authentication platform

The customer

Sberbank is the leading circulatory platform in the Russian economy, accounting for one third of its banking system, including 14 territorial banks and over 16,000 branches throughout the country across eleven time zones. It offers the widest selection of banking services for retail customers, from traditional deposits and various types of loans to bank cards, money transfers, bank insurance and brokerage services. The company employs over 260,000 qualified professionals who work together to produce world class products and services.

The challenge

Sberbank wanted to offer schools the opportunity to securely and reliably manage canteen transactions, giving parents visibility of how their children spend lunch money.

The solution

After looking at fingerprint and iris recognition, the company turned to Fujitsu PalmSecure, a contactless, intuitive authentication platform that captures unique palm-vein signatures. This solution has now been rolled out to over 40 schools with more to follow.

The benefit

• Students no longer need to carry cash, reducing the risk of it being lost or stolen
• PalmSecure is contactless and boasts market-leading recognition rates, making it effective in a canteen environment
• Reduces queues and ensures that everyone gets fed within a tight daily time frame
• Sberbank generate’s revenue through a minimal commission charge for topping up via other banks
• Parents have total visibility of what their children are buying and so can better manage their diets

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