Wanting to promote the fintech industry, KFTC and Fujitsu worked together to create a user-friendly, secure authentication service
Wanting to promote the fintech industry, KFTC and Fujitsu worked together to create a user-friendly, secure authentication service
2 PagesAt a glance Country: Korea Industry: Finance Website: kftc.or.kr Challenge The Korea Financial Telecommunications & Clearing Institute (KFTC) wanted to create a biometric authentication-based system that would allow financial institutions to provide safe, high-quality services as well as allow them to better manage confidential information. Solution Working in partnership with Fujitsu, KFTC adopted a biometric authentication system that included Fujitsu’s palm vein authentication system and a Fujitsu ‘SPARC M10 UNIX server, to ensure best practices for the safekeeping and transferring of authentication information. Benefit ¦ Eliminates the need for slow, old- fashioned, real-name transactions ¦ Allows financial institutions to offer secure, high-quality, non-face-to-face
