Money20/20 Features Multiple Applications of Samsung SDS Biometric Tech

Samsung SDS America representatives are in Las Vegas this week to show off the company’s biometric solutions for the financial services industry, the company has announced.Money20/20 Features Multiple Applications of Samsung SDS America Biometric Tech

The solutions largely revolve around Samsung SDS Nexsign, the biometric system underlying Samsung SDS’s award-winning Mobile Security Management Suite. It’s being used to enable ATM access via mobile facial recognition on Diebold Nixdorf’s latest ATM concept, and in Moxtra’s tablet-based customer management solution.

Those solutions are being demonstrated by their respective providers, but Samsung SDS itself will showcase the behavioral biometrics technology of BioCatch in a demonstration of a continuous authentication system for mobile banking. Users sign in using facial, fingerprint, or voice recognition, and then go about their business while BioCatch’s technology assesses their behavioral patterns; if some kind of anomaly is detected, users are then prompted to re-authenticate, in order to protect against account takeover and other digital threats.

And Samsung SDS will close out its run at Money20/20 with a panel discussion entitled “Identity is Fundamental: What You Need to Know About Identity & the Future of Money”. The session will feature Samsung SDS America VP of Enterprise Solutions Richard Lobovsky and Diebold Nixdorf Senior Director of Global Software Innovation Douglas Hartung, and is scheduled for 8:30 a.m. to 10:00 a.m. on October 25th.