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New York Bankers Service Corporation (NYBSCO) endorses SecuGen Corporation's advanced fingerprint biometric security solutions
Milpitas, CA (June 12, 2001) - SecuGen Corporation, a leading provider of fingerprint biometric solutions, today announced the endorsement by the New York Bankers Service Corporation, a wholly owned subsidiary of the New York Bankers Association (NYBA), for its biometric user authentication products. NYBSCO is recommending SecuGen's EyeD™ family of PC peripherals to over 200 financial institutions for cost-effective and convenient security for corporate use as well as online banking. EyeD PC peripherals are integrated with advanced fingerprint recognition scanners and support a broad range of security applications compatible with leading operating systems used by financial institutions. "We view biometric user authentication as an industry wide solution to security concerns," said Michael P. Smith, president of the New York Bankers Association, who noted that SecuGen's fingerprint technology could be used in a variety of ways. "It can safeguard information in back-office operations and give customers an added sense of security that their online transactions are protected. We also think it will become a key component in the digital signature authentication process. "SecuGen's cutting-edge, award-winning technology is also cost-effective and convenient. Dealing with the expense and frustration of forgotten passwords will be a thing of the past. Consumer privacy and security of transactions are issues of great importance to our members, and we think that incorporating SecuGen's biometric user authentication solutions into a bank's security protocols is an excellent response," said Smith. SecuGen is committed to bringing this new technology to the financial industry to enhance the expanding online banking market. "With this strong relationship, we are excited to empower the NYBA and their member banks with the innovative tools to strengthen the security of their internal operations as well as to improve efficiency. We also look forward to working with the NYBA to provide true authentication for the online banking business," said Tonia Gonsalves, Channel Sales & Marketing Director of SecuGen Corporation. About SecuGen Corporation
A pioneer of the biometric industry, SecuGen Corporation
designs, manufactures and markets its award-winning optical
fingerprint recognition technology worldwide. SecuGen's
products have been integrated into a broad range of applications
including Internet, network and desktop security, physical
access control and other electronic products. As a trusted
source for reliable hardware and software products, SecuGen
is committed to ongoing research and development in biometrics
technology. About New York Bankers Service
Corporation NYBSCO is the wholly owned for-profit
subsidiary of the New York Bankers Association. NYBA is
a commercial bank trade association representing 10 of
the top 20 commercial banks in the country, as well as
community, regional and money center banks in New York
State with more than $1 trillion in aggregate assets and
220,000 employees statewide. |