Bank of China is deploying fingerprint authentication technology from Ontario-based Bioscrypt across 1000 branches.
Bioscypt says its local partner in China, Sino Security, will supply the bank with its V-Pass fingerprint reader as well as provide technical support for the product.
Wang Yuan at the Bank of China, says the bank considers the security of its people and assets a primary concern: "After evaluating several biometric applications, we concluded that Bioscrypt provided the best verification technology on the market."
Pierre Donaldson, president and CEO, Bioscrypt, comments: "The past several years have been crucial for the development of our technology. The market is increasingly interested in our offerings. The demand for our products is definitely on the rise."