Iris ID, a provider of iris biometric technology, announced Qatar National Bank (QNB) has begun using an Iris ID identity recognition solution to authenticate customers using the bank’s ATMs. The technology increases transaction security and convenience by allowing customers to have PIN-free access to all accounts.
Iris recognition
QNB is Qatar’s largest bank and a leading financial institution in the Middle East and North Africa regions. The bank has 615 branches, subsidiaries, and associates in 27 countries on three continents.
To use the Iris ID solution, the bank’s customers participate in a one-time registration at a QNB branch office. The two-minute process involves taking a digital photo of the iris, which is converted into a small template stored in a secure database. At the ATM, customers will need only a second to look into a built-in reader and have their iris pattern confirmed.
Biometric identity authentication
Charles Koo, President and Chief Executive Officer of Iris ID, said iris recognition adds another layer of security that cannot be copied, stolen, or otherwise obtained, unlike ATM cards and personal identification numbers (PINs).
“Each person’s iris patterns are unique and unchanging, making iris recognition the most accurate—and rapid—means of biometric identity authentication,” he said. “This non-contact and sanitary solution is ideal to enhance security throughout the financial industry.”
Iris ID’s iris recognition solution, Iris Access, is used by governments and major corporations around the world for access control, security, national ID, and border crossing programs.
15 Dec 2016