ID theft protection

Appears in the issue.

Diebold, Incorporated, of North Canton, Ohio, has introduced a biometric security solution that increases consumer and business protection against identity theft and fraud by verifying account holders’ identities through their fingerprint profiles. Diebold identiCenter is designed to quickly, accurately, and securely identify consumers who enter a financial institution and increase efficiencies within the branch. To enroll, a customer has three fingerprints scanned. The images are converted to algorithmic values, which cannot be converted back to fingerprints. The system stores the algorithms in an encrypted database and connected to account and identity information. On subsequent visits, the customer places a finger in the flashing biometric device, where identity is authenticated. The system can also be used to log in tellers and other associates and track attendance.

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