BioIdentity Fraud Elimination & Verification System.

Slides:



Advertisements
Similar presentations
Banking our next Million Customers Mobile Money Summit 21 – 22 November 2008 Bank South Pacific.
Advertisements

Copyright © 2005 – Clickshare Service Corp. All rights reserved. Payment Aggregation & Affinity Management Clickshare for the Media Industry For more information.
Zenith Visa Web Acquiring A quick over view. Web Acquiring Allows merchants to receive payments for goods and services through the Internet Allows customers.
SECURITY IN E-COMMERCE VARNA FREE UNIVERSITY Prof. Teodora Bakardjieva.
CEL: Computers in Banking and Retail
Solution For Hospitals Patient Identification System DLI-IT Systems Group.
© Copyright IBSP – IBSP Hong Kong Ltd Internet Business Service Provider.
Electronic Banking Outline Retail payments and financial services
SOLVE THE PROBLEM OF IDENTITY THEFT An online, real-time solution for KYC, POPI, RICA and FICA compliance May
“Electronic Payment System”
Intercard The Right System March 6, 2012 Alberto Borrero Vice-President, Int´l Marketing & Sales Intercard Mobile: Skype: aborrero
5 EASY STEPS : Online Card Payments for your INUKA Orders
EPayment ePayment Introduction It is the process of electronic transfer of bill data between booking and payment office Department of Post collects.
BZUPAGES.COM Electronic Payment Systems Most of the electronic payment systems on internet use cryptography in one way or the other to ensure confidentiality.
May 28, 2002Mårten Trolin1 Protocols for e-commerce Traditional credit cards SET SPA/UCAF 3D-Secure Temporary card numbers Direct Payments.
Secure Electronic Transaction (SET)
Delight QuickBooks Online Banking Internal Support Training QuickBooks Windows 2009/2010 Online Banking.
Payment Gateways for e-Government services 24 May 2007
Paper Less Digital Signature Issuance
Traditional and Electronic Payment Methods Chapter 3.
Network Security Lecture 26 Presented by: Dr. Munam Ali Shah.
Computerized Accounting Systems The new ways we “PLAY” with money.
E-Commerce Security Professor: Morteza Anvari Student: Xiaoli Li Student ID: March 10, 2001.
Web Security : Secure Socket Layer Secure Electronic Transaction.
Business Administration term project 2 (25%) financial Management Systems Debit card and credit card payments By Ashleigh Gray.
SimplySmartSimplySmart ByInnovators. Preview Creative: ONE card for all your spending Performance: Combines mobile currency, convenience, security and.
Customer Interface for wuw.com 1.Context. Customer Interface for wuw.com 2. Content Our web-site can be classified as an service-dominant website. 3.
The Microsoft Services Provider License Program (SPLA)
McLean HIGHER COMPUTER NETWORKING Lesson 8 E-Commerce Explanation of ISP Description of E-commerce Description of E-sales.
Biometrics Authentication Technology
Network Security Lecture 27 Presented by: Dr. Munam Ali Shah.
Networking E-commerce. E-commerce ► A general term used to describe the buying and selling of products or services over the Internet. ► This covers a.
Online Banking. Learning Objectives To learn how society has been affected by online banking.
Step 2 – Register a Card To register a UR Card, you can send an to or fill out the registration form at one of our awesome
Electronic Banking & Security Electronic Banking & Security.
Commercial Card Expense Reporting (CCER) The Trustees of Roanoke College An internet solution Accessed via Wells Fargo’s secure Commercial Electronic Office.
Confidential. NSDL e-Gov Internal use only NSDL e-Governance Infrastructure Limited Capturing of Superannuation / Premature exit request by POP Online.
Commercial Card Expense Reporting (CCER) The Trustees of Roanoke College An internet solution Accessed via Wells Fargo’s secure Commercial Electronic Office.
Biometrics in the Banking Industry
Online Banking. Learning Objectives To learn how society has been affected by online banking.
Digital Payments STEP BY STEP INSTRUCTIONS FOR VARIOUS MODES OF PAYMENT: Cards, USSD, AEPS, UPI, Wallets.
Digital Payments STEP BY STEP INSTRUCTIONS FOR VARIOUS MODES OF PAYMENT: Cards, USSD, AEPS, UPI, Wallets.
CASHLESS PAYMENT.
Implementing and Managing Azure Multi-factor Authentication
Munix Overview Customer Profiling, Frequency Analysis, Location Mapping, Movement Analysis, VIP recognition, Time Analysis, and much more …. Internet Gateway.
Business Intelligence
Munix Overview Customer Profiling, Frequency Analysis, Location Mapping, Movement Analysis, VIP recognition, Time Analysis, and much more …. Internet Gateway.
Using Technology to provide an innovative sustainable model for delivery of Cashless Health Insurance                              r r r r r y y g s s.
Technologies and Applications
Take Charge of Your Finances
Sofortüberweisung: An Introduction
PAYMENT GATEWAY Presented by SHUJA ASHRAF SHAH ENROLL: 4471
SECURITY FEATURES OF ATM
M-COMMERCE.
BY GAWARE S.R. DEPT.OF COMP.SCI
November 14, 2017 Presented by: Presented: by 9/22/2018
E-Government Government Gateway Overview.
Take Charge of Your Finances
K!M SAA LOGICAL SECURITY Strong Adaptive Authentication
Smart Business for eGeneration Companies
ECT455 Website Engineering
FIS Bill Pay Certification Training Table of Contents
Debit vs. Credit.
Ski Clubs and E-Commerce
Take Charge of Your Finances
Smart Business for eGeneration Companies
Take Charge of Your Finances
Presentation transcript:

BioIdentity Fraud Elimination & Verification System

Eliminate fraud Stop identity theft High speed verification system Low up front cost Available as a standalone system Integrate into any existing application BioIdentity

BioIdentity - Applications RETAILERS who deal with hire purchase or credit (any form) BANKING INSTITUTIONS MICRO LENDERS SECURITY COMPANIES LOYALTY REWARD SYSTEMS Many more

BioIdentity - Features Both the operator and the client have to authenticate – confidentiality guaranteed Client duplication is eliminated No need for expensive server hardware or IT staff to manage yet another system Service available worldwide Billed in arrears on usage 14 days free trial

Registration Process Client visits a registration point (bank, retail outlet, insurance house etc) Submits identity details to the BioIdentity operator Operator captures their identity details, with fingerprint and electronic picture Operator submits information to BioIdentity BioIdentity ensures uniqueness of the client’s details and enables their registration BioIdentity

Customer Verification BioIdentity Client wishes to perform a daily credit type transaction (bank, retail outlet, insurance house etc Client submits ID Book / PIN number and places their finger on the fingerprint scanner Operator requests verification from BioIdentity over a secure connection BioIdentity either verifies the clients identity, alerts an attempted fraud or informs operator that this person is not yet a client of BioIdentity

Full Customer Purchase Client wants to make a credit purchase Submits their ID book / PIN number and places their finger on the fingerprint scanner Operator requests authorisation BioIdentity either verifies the clients identity, alerts an attempted fraud or informs operator that this person is not yet a client of BioIdentity BioIdentity then communicates with the merchant’s bank via a secure method, returns an authorisation from the bank as well BioIdentity

ID number Bank ID Request verification BioIdentity transaction No. ID number Identity verified BioIdentity transaction No. Authorisation number ID number Fingerprint Template Merchant bank Vendor transaction No. ID number ID Verified (Yes) BioIdentity transaction No. Vendor transaction No. ID number ID / F.P. match verified (yes) Merchant bank Awaiting bank verification (yes) BioIdentity transaction number Transaction Open ID number Authorisation required Amount BioIdentity transaction No. ID Number Client ID verified BioIdentity transaction No. TRANSACTION IS NOW COMPLETE ID Number Verified (Yes) Merchant bank Awaiting Bank verification (No) BioIdentity Transaction No. Transaction Closed BioIdentity Vendor Full Customer Purchase

Various Supported Scanners Sagem Digital Persona Suprema Digent

Works with any fingerprint reader providing they meet our stringent security requirements. The client can be registered on reader “A” and verified on reader “B” System is available either over the internet or through a fixed line connection to our secure site. BioIdentity Advantages

BioIdentity Options BioIdentity is available as a standalone application that can run from any browser BioIdentity is available as an OCX / COM Object that can be used to integrate directly into any of your existing applications

Minimum Requirements Internet access or direct WAN link to our system 32 bit Windows operating system Webcam and fingerprint reader for registration function (if you subscribe to the registration option)

To Become an Enrolment Station ItemCost Fingerprint scannerR1,000 to R5,000 WebcamR400 to R1,000

To Become a Verification Station ItemCost Fingerprint scannerR1,000 to R5,000

BioIdentity Pricing Model No Of TransactionsAmount Per Transaction 0 – 1 000R – 5 000R – R – R R1.00

What is fraud costing you? Imagine this type of ROI!

Simplicity in the extreme Effectiveness beyond quantifiable value Management free power BioIdentity