Allied Bank Limited (ABL) Launches Biometric System

With an Increasing reliance on online technology and other shared resources, the information age is quickly revolutionizing the way transactions are initiated and completed. Business transactions of all types are increasingly being handled online and remotely. This unprecedented growth in electronic transactions has underlined the need for a faster, more secure, and more convenient method of user verification than passwords alone can provide.

Allied Bank Limited - the first bank to adapt biometric technology on a wide scale to ensure that their systems are strengthened and customers feel more comfortable and secure knowing that latest technology is utilized by their financial institute which to the customers means, reliability, security and privacy.

To ensure a secure login to all terminals ABL has acquired Biometric devices from Mushko Electronics Private Limited, sole partners in Pakistan, for the SecuGen Corporation of Santa Clara, California, USA. ABL has adopted their device called Hamster III. The device is used for more than just a terminal logging unit, for every financial and secure transaction that needs to be processed by an officer using his / her allotted user ID and password the device authenticates the transaction by making use of their fingerprints impression taken through SecuGen Hamster III and this transaction record is tracked and saved in the banks database. This method ensures that only the concerned authorized person from within the branch is making the financial transaction/s in our banking system. Every transaction can then easily be traced out along with the user ID, date and time and other details.