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Fiserv to Integrate Fujitsu PalmSecure Technology into DNA Account Processing Platform
Fiserv enables banks and credit unions that use the DNATM platform to better combat fraud by offering Fujitsu’s ultra-secure palm vein biometrics for account holder verification
“The security and integrity of customer financial transactions are paramount for our bank and credit union clients,” said Steve Cameron, Group President, Open Solutions Division, Fiserv. “Integrating Fujitsu’s PalmSecure biometrics technology with the DNA account processing platform gives our clients an innovative choice for account holder verification that can reduce risk and advance their branch-of-the-future strategies.”
“We are extremely excited to be partnering with a company like Fiserv, which provides account processing services to more than one-third of U.S. financial institutions. We’re particularly gratified that they have selected Fujitsu’s PalmSecure technology as an option to secure the integrity of their DNA clients’ transactions,” according to Michi Sugawara, President and CEO, Fujitsu Frontech North America Inc. “We look forward to working with Fiserv to identify additional areas where we can assist them in growing their business.”
PalmSecure technology relies on Fujitsu’s award-winning PalmSecure biometric technology. The Fujitsu PalmSecure biometric palm vein sensors use a near-infrared light to capture a user’s palm vein pattern, generating a unique biometric template that is matched against the palm vein patterns of pre-registered users. Unlike other readers, the PalmSecure device does not come into contact with the skin, making it extremely hygienic, non-intrusive and unrestricted by external factors such as skin types and conditions. Registration for PalmSecure technology users takes less than one minute and authentication takes less than one second.
Financial institutions need agility and flexibility to meet the needs of consumers and businesses in today’s real-time world. Built on modern, standards-based languages and an open, highly scalable architecture, DNA from Fiserv enables banks and credit unions to customize functionality to meet their unique business needs, while improving efficiency and enhancing service by providing a 360-degree, person-centered view of all retail and business relationships.
Attendees of the 2015 DNA™ Education and Technology Conference hosted by Fiserv, July 27-29, 2015 will be able to see a hands-on demonstration of how Fujitsu’s PalmSecure can secure a transaction.
Fiserv, Inc. (NASDAQ: FISV) enables clients to achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more than 30 years, Fiserv has been a leader in financial services technology, and today is among FORTUNE® magazine's World's Most Admired Companies and Forbes magazine's America's Best Employers. For more information, visit www.fiserv.com
About Fujitsu Frontech North America, Inc.
Fujitsu Frontech North America Inc. brings innovative technology from Japan and, with its partners, develops powerful front-end solutions that shape how society interacts with big data. Fujitsu Frontech North America Inc. is headquartered with operations and solution development at 27121 Towne Centre Drive #100, Foothill Ranch, CA 92610, USA. For more information about Fujitsu products and services, call us at 800-626-4686 or visit us at:
For more information, please see: www.fujitsufrontechna.com
About Fujitsu Frontech Limited
As part of the Fujitsu Group, Fujitsu Frontech Limited ties people and IT together through the development, manufacture and sale of front-end technology such as ATMs, operation branch, POS and totalizator terminals, and public display devices. Fujitsu Frontech also delivers related software, system integration and outsourcing as part of its total solutions offerings. The company supports the security sector by offering products incorporating Fujitsu's latest palm vein authentication technology, and is actively involved in the development of key technologies in various fields, with a current focus on color electronic paper and RFID systems.
For more information, please see: www.frontech.fujitsu.com/en/
Press Contact - FFNA
Company:Fujitsu Frontech North America, Inc.
Director, Public Relations
Copyright 2015 Fujitsu Frontech North America Inc. All rights reserved. Fujitsu, the Fujitsu logo, and PalmSecure are trademarks or registered trademarks of Fujitsu Limited in the United States and other countries. All other trademarks are the property of their respective owners. Statements herein are based on normal operating conditions and are not intended to create any implied warranty of merchantability or fitness for a particular purpose. Fujitsu Frontech North America Inc. reserves the right to modify at any time without notice these statements, our services, products, and their warranty and performance specifications.
Date: 23 July, 2015