Current Forms of Identity are easy to counterfeit
This has led to a rise in identity theft. With Fujitsu PalmSecure , banks can enjoy enhanced security, providing consumers with a more convenient and superior security to protect their money, financial information and identity.
Financial Institutions must protect a huge amount of very personal and financially sensitive information.
The Risk: unauthorized access to information can be devastating to the bank and its customers. The result- eroding consumer confidence and potentially significant financial loss and penalties.
Banco Bradesco is Brazil's second largest bank, and 21st largest bank in the world. Bradesco has over 4,400 hundred full service branches throughout Brazil, some neighboring countries and overseas branches in New York, Paris, London, Tokyo and Lisbon. The operate over 33,000 ATMs, of which 90% are palm-vein enabled. Banco Bradesco has been a Fujitsu customer for various solutions for over 30 years now.
When Bradesco presented their business challenges regarding a more secure method of accessing information at the ATM, while providing a high level of convenience to their customer, Fujitsu listened. When Fujitsu proposed PalmSecure technology as a way for Bradesco to address these major challenges, their customers, young and old embraced the solution. They have had no failure to enroll issues like other biometric technologies and their "senior citizens" no longer had to remember passwords or PIN codes and their overall transactions times have been reduced by 20%. The deployment of PalmSecure technology at their ATMs has been a win-win for Bradesco and their 10 million customers.