Biometric authenticated payments deals with the area of authenticating a payment transaction based on the biometric (fingerprint) identity of a customer, as compared to the more commonly used signature or PIN. Biometrics provides a much higher level of security and with the technology maturing over the years is fast gaining acceptance in the payment segment also. Biometric authentication mechanism are primarily of two kinds, a) offline, in which the authentication is done against a fingerprint template stored in a smart card and b) online, in which the authentication is done against a template stored online in a database.
Innoviti with its biometric range of products and online authentication technology provides complete solutions for banks and retailers to provide for biometric authentication to their payment processes.
Vx610-trueID is an integrated secure biometric transaction processing platform for financial inclusion, biometric payments and monitoring solutions. The biometric authentication uses an optical scanner and supports standard based (ISO 19794-2) and proprietary templates. Vx610-trueID is also available with a GPRS option that allows the terminal to be operated on a GPRS network, for connecting to core banking systems and also for online authentication. read more »
Vx610-trueID-GPRS is a portable wireless biometric product for carrying out online biometric authenticated financial transactions using an online server, such as Innoviti's trueServer.
Vx510-trueID-GPRS is a counter-top wireless biometric point-of-sale (PoS) system that allows for biometric authentication capability to be added to financial tansaction processing and identification systems.
MagIC M-trueID is a portable wireless biometric point-of-sale (PoS) system that allows biometric registration and verification for a wide variety of portable biometric applications
trueServer is an online biometric authentication server that can be used in conjunction with Vx610-trueID-GPRS product for carrying out online authentication of customers using their fingerprints. The server can store up to 10 templates against a single customer with complete demographic profile of the customer. Templates are stored in an encrypted format using AES encryption and standards compliant ISO 19794-2 format is used for matching. read more »
PC-trueID is a PC-based USB biometric scanner that can be used with a PC or laptop platform to provide for biometric enrollment and verification. The system supports an optical scanner that provide for a high degree of reliability. Both standards (ISO 19794-2) and proprietary templates are available and the system can be controlled through a PC application program. This product is provided in partnership with Suprema Inc. read more »