|[February 19, 2014]
OKI Delivers First ATM Incorporating Finger Vein Authentication to Chinese Bank
TOKYO --(Business Wire)--
OKI (News - Alert) (TOKYO: 6703) today announced the delivery and start of actual use
of an ATM incorporating finger vein authentication technology at the
Bank of Lanzhou in China (headquarters in Lanzhou city, Gansu province).
This marks OKI's first delivery of an ATM incorporating finger vein
biometric authentication technology to a Chinese bank. OKI aims for
expanded sales of ATMs incorporating finger vein authentication, a
feature that makes forgery and identity fraud significantly more
difficult. This function is especially important in the Chinese ATM
market, where demand is growing for transaction safety and security.
Based on OKI's ATM-Recycler
G7, cash-recycling ATM, the ATM incorporating finger vein
authentication functionality delivered to the Bank of Lanzhou
incorporates the finger vein authentication module co-developed by mofiria
Corporation (hereinafter called as mofiria) and OKI. OKI adopted this
module since using vein patterns for authentification makes forgery and
identity-tief more difficult than that of surface of a finger, and is
designed to minimize the calculations required for authentication so
faster and more secure authentication can be realized.
China has seen growing demand for convenience and safety among ATM
users. Bank of Lanzhou made positive assessments of OKI's strong track
record with ATMs in China and of the advantages provided by mofiria
finger vein authentication. This resulted in a trial run and now in the
actual deployment of these ATMs. The finger vein authentication featured
in these units will enhance transaction safety, allowing the bank to
provide various advanced and convenient services, including cash
withdrawals without cash cards.
Moving forward, OKI will continue to provide ATMs offering enhanced
safety and convenience features in China and other overseas markets.
1. The Bank of Lanzhou purchases ATMs from OKI through OKI Electric
Industry (Shenzhen), which is responsible for the manufacture and sales
of financial systems equipment and printers in China.
2. The ATM-Recycler G7 cash recycling ATM is sold in China under the ATM
21SE model name.
About mofiria Corporation
Founded in 2010, mofiria has been focusing on the unique finger vein
authentication technology which is recognized as one of the most
accurate forms of biometric authentication. The motto "Compact, Fast and
Comfortable", tells our story that "mofiria" finger vein authentication
technology taken over from Sony Corporation will provide the best
biometric solution for global security needs. Website at http://www.mofiria.com/
About OKI Electric Industry (OKI)
Founded in 1881, OKI Electric Industry is Japan's leading
telecommunications manufacturer in the Info-telecom field. Headquartered
in Tokyo, Japan, OKI provides top-quality products, technologies, and
solutions to customers through its info-telecom systems and printer
operations. Its various business divisions function synergistically to
bring to market exciting new products and technologies that meet a wide
range of customer needs in various sectors. Visit OKI's global website
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the trademarks or registered trademarks of the respective companies
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