Reduce the risk of fraud, enhance service delivery and increase productivity with Verifast™ from Fiserv, the award-winning biometric solution that provides efficient and accurate authentication for consumers and employees.
Verifying a consumer or an employee's identity is an inefficient process that requires the manual authentication of a card, PIN, password or other unique method of identification. These methods are not only inconvenient, but also present potential security risks and detract from the overall consumer or employee experience.
Verifast eliminates these problems by using the latest palm-vein biometric technology in place of outdated authentication methods. Verifast helps financial institutions mitigate fraud, reduce transaction times and make banking transactions more convenient for consumers while simplifying and improving control over employee access to banking networks and systems.
With Verifast, individuals simply hold their palm over an infrared sensing device that detects each person's unique palm vein pattern and matches it to an encrypted digital signature. Palm-vein authentication offers superior security, accuracy and consumer acceptance:
Fiserv offers two Verifast solutions for financial institutions: