T24 Biometrics

Overview

Banks are demanding core banking systems that enable growth, manage cost and control risk. Positive identification of employees and customers is a critical requirement for delivering on these success factors. T24 Biometrics provides “one touch” identification of employees and customers for any transaction in TEMENOS T24 (T24). This allows banks to cost-effectively launch new products, serve customers in emerging markets, decrease time at the teller in branch operations and meet regulatory compliance guidelines for multi-factor authentication.

The components of T24 Biometrics include:

T24 Login:  One touch login to T24 using only a fingerprint or a combination of fingerprint and password

• Enable separation of duty for IT administrators
• Meet multi-factor authentication compliance regulations
• Eliminate IT support costs for password administration

T24 Transaction Authentication: one touch management approval of transactions in the T24 core banking system

• Verify any transaction override in T24
• Decrease complex transaction processing time by 50%
• Improve customer service
• Reduce time at the teller
• Non-repudiation of transactions

T24 Customer Branch Authentication: one touch authentication of customers who visit the bank branch to conduct transactions

• Support microfinance expansion initiatives by enabling cost-effective customer identification
• Authenticate customers without credentials

ARC-IB Login: one touch login to ARC-IB for Internet banking

• Enhance strong authentication systems such as ActivIdentity
• Eliminate the need for one time password tokens

Management Console: streamlines enterprise-wide deployments, ongoing management and ensures ISO compliance for biometrics

• Synchronize user identities with T24 and Microsoft Active Directory
• Configure biometric parameters for enrollment, authentication and system access privileges
• Capture enrollments through either a supervised or self-enrollment process
• Maintain one central enrollment repository
• Report on system access and usage

Deployment Services: implement T24 Biometrics with a flexible, incremental approach. Avoid the risk of a “big bang” project and enable go-live within a matter of weeks.

• Delivered on a pre-configured appliance server
• 2 week on-site installation, configuration and training for IT administrators
• Incremental rollout to specific user groups

For more information about T24 Biometrics please download our Fact Sheet (750kb PDF)