Bank’s Approach to Biometric Authentication a ‘Valid’ One
June 10, 2008 Alex Woodie
Keeping unauthorized users out of its core banking systems and complying with industry regulations are top priorities for the International Bank of Miami. One way to satisfy these requirements is to implement a strong password enforcement system. However, with users already inundated with passwords, the bank decided to try another strong security mechanism–i OS-based biometric authentication from Valid Technologies–which has streamlined the sign-on process, and cut down password reset calls to the help desk.
With more than $800 million in assets, The International Bank of Miami, or TIBOM, is one of the largest independent banks in South Florida. TIBOM