Banking & Financial Services IST is one of a growing number of dynamic companies focused on developing security applications utilizing biometric identification and authentication techniques.
IST has designed innovative biometric solutions for the banking and financial services industry that can play a significant role in reducing losses or increasing market share. These solutions are:
Our low cost, non-invasive "ATM Early Response"solution, dramatically reduces bank losses from fraud-ulent ATM transactions without interfering with the normal ATM transaction process.
Our ”FaceSentry” is based on biometric technol-ogy. This allows entry based on recognizing the face of the person entering the building. If an unauth-orized person enters the area, a violation alarm will be triggered informing the security about the violation.
Other solutions that are in pipeline are – FriendlyTeller (Helps tellers identify bank customers by name without having to ask for identification.), Robbery Prevention (stop a robbery before it can occur) and Workstation Monitor (prevents unauth-orized access to sensitive systems, records, or materials and tracks workstation usage).
IST’s technical project services provide our Small to Mid-Sized Business (SMB) clients with project manag-ement, business and technical development, & implementation experience in their quest to become e-business capable.
FaceSentry gives building developers, commercial and residential property managers, and others charged with building security a solution that can be used very effectively for security and control.
Security in Real Time One of the most effective means of slowing crimes is based on preventing unauthorized personnel getting into the buildings. The sophisticated software desig-ned to catch unauthorized entry before it takes place gives a total control to the security managers.
Card based access control systems are only as rel-iable as the people who use them. Card and code sharing, card loss or theft, forgetfulness, and even well intentioned door holding can and do make a mockery of even the best security setups.
The technology is extremely effective because crimin-als can never copy a customer's face. This system allows buildings to limit their damages done by people who enter the building using stolen cards etc.
Many security systems require a user to be actively involved, either by swiping an access card or keying in an access code or touching a print reader, looking into an eyepiece, or speaking to the system as prompted. FaceSentry is designed to be non-invasive. The user simply stands in front of the door as they usually do while entering a building; actually, the user will not even be aware anything extraordinary is occurring.
To put it simply, the camera takes the customer's picture (or a video of the transaction), our system intercepts the video feed, scans the image, and matches the images on file. In the case where the customer is on file, access is granted.
If the customer is not on the file, the system performs the check once again, to be sure that it was not just a technical error (the entire process takes about 6 seconds if a second check is required) and if a second "negative" is returned the system notifies the build-ings security personnel and provides as much evidence as possible.
Other solutions that are in pipeline are:
FriendlyTeller (Helps tellers identify bank customers by name without having to ask for identification.), Robbery Prevention (stop a robbery before it can occur) and Workstation Monitor (prevents unaut-horized access to sensitive systems, records, or materials and tracks workstation usage).