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Banking and Finance News
P R E S S R E L E A S E :
CompuLynx Delivers the SecuGen Hamster IV Fingerprint
Reader to Kenya's Largest Retail Bank
Tue, 29 Jun 2010, 07:59:47 EDT
SANTA CLARA, Calif., June 29 (SEND2PRESS NEWSWIRE) -- SecuGen, the world's
leading optical fingerprint device vendor, is pleased to announce that CompuLynx, of
Nairobi Kenya, has successfully integrated the SecuGen Hamster(TM) IV into the
Account Holder Biometric Authentication and Identification System for one of the largest
retail banks in Kenya.
With over four million accounts and a network of over 115 branches, the bank turned to
CompuLynx to develop a biometric-based authentication system to help solve the
bank's difficult challenge of reliably authenticating its millions of account holders in a
country without national ID cards. This solution offers the bank several clear benefits.
Among these benefits, account holders are identified accurately, securely, and rapidly
with a concomitant increase in customer satisfaction, as well as a drastic reduction in
financial fraud associated with identify theft.
"We equipped the branches with SecuGen Hamster IV fingerprint readers and biometric software to enable first time
registration as well as authentication for subsequent transactions," said Chaula Ganatra, the head of Sales & Marketing
(Africa) of CompuLynx. "We selected the Hamster IV because of its exceptionally high image quality, rugged construction, and
affordability. We have been very happy with the quality of the product and the responsiveness of SecuGen as a company."
The authentication system includes a Central Biometric Database at the bank's data center that stores a single biometric
profile per customer, regardless of the number of accounts held by a customer. Each branch is connected to the database,
which performs ultra-high speed biometric identification for up to 50,000 fingerprints to check for duplication. For each