South Korea's Woori Bank is deploying fingerprint identification technology from US-based Veridicom International to authenticate customers' transactions at branches, ATMs and over the Internet.
The fingerprint sensors are being deployed across Woori's 750 branches and are being installed on the bank's 4000 cash machines by Veridicom's local partner, Real ID Technologies.
The vendor's biometric technology will also be used by Woori's online banking customers, replacing a traditional password authentication system.
Paul Mann, president and CEO, Veridicom, says the technology "provides a positive user experience while providing additional security for bank transactions".