Biometrics in Banking & Financial Services was held in New York City on June 27-29, 2016 and featured seminars, conferences and networking receptions designed to explore how the financial services industry is being impacted by innovations in biometrics. IdentaZone CEO Michael Milgram was an invited speaker and featured participant.
IdentaZone Inc., the global leader in multi-modal biometric identity management solutions and services, sponsored the recent First Biometrics in Banking & Financial Services summit, held June 27-29, 2016 in New York City. Speakers and attendees included executives from the premier banking and finance organizations in the nation and worldwide, including HSBC, MasterCard, Ernst & Young, Barclays, Citi, and the Federal Reserve Bank.
IdentaZone CEO Michael Milgramm delivered a much anticipated session entitled Independent Biometric Authentication Service and IdentaZone executives and engineers participated in discussions that framed emerging trends in the intersection of biometrics and banking, including:
- How millennial behavior is driving biometrics adoption
- Beating fraudsters with passive biometrics
- Streamlining call centers with voice biometrics
- Biometrics ability to deliver more secure and flexible banking solutions
The event was also an opportunity for IdentaZone to introduce participants to its two new biometric security products: IdentaCloud and IdentaMessage. IdentaCloud Independent Biometric Authentication Service is designed to overcome current limitations of adopting biometrics as a secure means of identity verification. The service integrates multiple biometric devices, technologies and algorithms within a single platform and can be integrated with existing security systems without need for extensive modifications. IdentaZones products are also universally suitable for all industries and applications.
IdentaMessage Certified Universal Confidential Communication Service ensures the privacy of electronic communications by encrypting messages using a biometric authentication procedure. Successful authentication enables decryption. IdentaMessage is cloud-based and works over a variety of channels, including email, FTP, data files, social networks and fax. Additionally, it is the only service that supports any biometric device, protocol, algorithm or encryption standard within a single platform.
Exhibitors and attendees expressed a great deal of interest in the presentation. The use of IdentaZone technologies and services makes it possible to unify the identification systems of any banking organization, financial services company, and government agencies without sharing information about users. At the same time, these organizations can continue to use their existing biometric technologies and scanners.
Biometrics in Banking & Financial Services is one of a roster of industry events sponsored by IdentaZone. The company has also taken a sponsorship role in the recent Biometrics for Healthcare and Biometrics for Government & Law Enforcement summits.
About IdentaZone IdentaZone Inc. is a pioneer in multi-modal biometric identity management solutions and the leading provider of patented agnostic unified biometric services. The company’s products are the first to eliminate the interoperability barrier that prevented universal biometrics adoption. IdentaZone offers cloud-based biometric identity authentication services for both enterprise and consumer customers, with standard integration protocols suitable to any type of application, regardless of platform or industry. The company’s products do not require changes to existing business applications or enterprise systems.
IdentaZone is headquartered in New York City and has resources, partnerships and customers around the world. For more information, please visit www.identazone.com.