{"id":7926,"date":"2018-01-18T07:03:49","date_gmt":"2018-01-18T12:03:49","guid":{"rendered":"https:\/\/www.m2sys.com\/blog\/?p=7926"},"modified":"2022-06-22T04:57:39","modified_gmt":"2022-06-22T08:57:39","slug":"russia-takes-step-to-a-secure-transaction-through-biometric-digitalization","status":"publish","type":"post","link":"https:\/\/www.m2sys.com\/blog\/biometric-resources\/russia-takes-step-to-a-secure-transaction-through-biometric-digitalization\/","title":{"rendered":"Russia Takes Step to a Secure Transaction Through Biometric Digitalization"},"content":{"rendered":"
\"Biometric<\/a>
Source<\/a><\/em><\/figcaption><\/figure>\n

The banking system has been around in some capacity forever and evolved in many ways over the years. In recent times banking has become more convenient and with mobile devices and computers it has become more a part of our daily lives. The biggest concern to banking has always been security. The banking industry tries to continuously upgrade security to protect customer\u2019s money and assets. Just recently Russia put in an innovative new security solution for their banking industry.<\/span><\/p>\n

Last year on December 26th, The Russia<\/span>n Federal council passed the law of remote identification of personnel through biometric measures. This will be greatly beneficial for people who may be disabled or elderly, or do not have reliable access to get to banking facilities.<\/span><\/p>\n

\n

Free Case Study<\/h2>\n
\"visitor-track\"<\/a><\/div>\n
\n

Grupo Monge\u2019s Deployment of Biometrics for Customer Identification in the Micro Credit Loan System<\/h2>\n

Download<\/a><\/p>\n<\/div>\n<\/div>\n

With this system people all across the country will be able to access any banking services from any bank, just from about anywhere remotely through their phones or PC. All the customer will need is a camera and a microphone on their device. This technology will be further upgraded and made more common allowing people to just use their smartphone for their banking. <\/span><\/p>\n

Before customers can use this technology they must go to the bank and record their voice and do a facial scan. The registration will be done by a representative of the bank in the Unified Authentication and Identification system (ESIA). In the system their biometric samples such as voice and face image will be taken and sent to a single hybrid biometric platform. Once the registration takes place, that account holder will be able to do any form of transactions through their smartphones, tablet, or pc. Taking loans, transferring account, paying bills will then be done from anywhere just by sending biometric authorization to the ESIA system.<\/span><\/p>\n