Dubai Islamic Bank Pakistan Streamlines Biometric Verification with Veridium 4F-ID Technology
"
4F-ID Technology for Touchless Verification
Rainer Witzgall – Chief Revenue Officer
Dubai Islamic Bank
Banking
Pakistan
Challenge
Dubai Islamic Bank Pakistan’s hardware-based fingerprint scanners were costly, inconsistent, and posed health risks during the COVID-19 pandemic.
Solution
Veridium 4F-ID Technology enabled touchless biometric verification via smartphones, eliminating the need for physical scanners.
Result
Veridium 4F-ID Technology provided cost savings, enhanced safety, and improved customer experience for Dubai Islamic Bank.
We deliver full spectrum Continuous Authentication with Identity Threat Protection to prevent Account Takeovers for a Zero Trust World and digital sovereignty in Multi Cloud Environments.
Challenge
Outdated and Costly Biometric Verification Methods
Dubai Islamic Bank Pakistan faced multiple challenges with their hardware-based fingerprint scanning devices, which required customers to visit branches for verification. The devices had a limited lifespan, delivered inconsistent performance, and posed health risks during the COVID-19 pandemic. Additionally, the existing system was cumbersome for relationship managers visiting corporate clients.
Solution
Implementing Veridium 4F-ID Technology for Touchless Verification
Veridium 4F-ID Technology provided Dubai Islamic Bank with a contactless biometric solution using smartphone cameras to capture fingerprints. This eliminated the need for physical fingerprint scanners, allowing customers to verify their identities without visiting branches or touching shared devices. The solution integrated seamlessly with the bank’s mobile application, enhancing convenience and safety.
Result
Savings and Enhanced Customer Experience
The implementation of Veridium 4F-ID Technology resulted in significant cost savings for Dubai Islamic Bank by eliminating the need for hardware maintenance and replacement. Customers appreciated the safer, touchless verification process, especially during the pandemic, while corporate clients benefited from the improved technology experience. The solution also ensured consistent, high-quality fingerprint capture.
Choose the full spectrum Platfrom
Veridium prevents Account Takeovers better than anyone else. We protect the identity supply chain with AI-powered Identity Threat Protection.
“
Priority Zero is Identity and Access Management. Because, if the idenetity is gone, hackers have an easy game to penetrate. And there is our standard - worldwide - Veridium.
Dr. Ralf Schneider – Group CIO, Allianz Insurance