Source: Reliance Security Group
Bioscrypt Inc. (TSX: BYT ), a leading provider of identity verification technology, announced today that it has been deploying Bioscrypt V-Station readers across a well known international bank's network to strengthen security to restricted areas.
"The addition of Bioscrypt's biometric verification technology to the bank's access control system is further evidence of our commitment to providing advanced technology to secure our clients assets," said a spokesperson for the bank. "Bioscrypt's ability to integrate across our flat IP network, allowing for remote enrolment and ease of administration, was a "value add" factor in our planning process."
"We are pleased to be adding a Fortune 500 company, and one of the world's most recognized brands, to our family of users," stated Robert Williams, President and CEO, Bioscrypt. "The recent installation in a large financial institution, clearly demonstrates the continuing adoption of biometric technology for identity verification. The ability for individuals to gain access to areas where they do not have proper clearance simply because they have a credential or know a password should no longer occur. It is critical to authenticate the credential or password is being used only by the authorized individual."