STME teams up with Hitachi

STME
Ayman Al Bayaa, CEO at STME
Leading solutions provider and systems integrator, STME teams up with Hitachi Europe Ltd., to deliver a unique digital signing solution to the banking sector using Hitachi’s biometric finger vein authentication technology.

Hitachi’s VeinID is recognised as one of the most secure biometrics in the market. Unlike finger prints, vein patterns are extremely difficult to spoof or replicate. The scanned finger must be attached to a live human body in order for the veins in the finger to be authenticated.

STME believes, utilising Hitachi’s VeinID for single sign-on procedures regional banks will now be guaranteed that their corporate customers can carried out large transactions seamlessly and securely.

Ayman Al Bayaa, CEO at STME said “the partnership will help organisations in the financial services industry (FSI) to find a more cost-effective approach to integrating legacy systems into their software architecture. In addition, the technology offered will promote innovation and safeguard leading regional banks’ network security system. We are expecting the solution to be deployed by around three major banks in the region by the end of this year.”

Ravi Ahluwalia of Hitachi Europe Ltd. said: “This unique biometric security solution enables large corporate financial customers to execute transactions of all sizes, securely and safely. This technology has already been adopted by several banks globally, in particular Barclays Bank Plc. in the UK and we are very proud to be at the forefront of such pioneering technology.”

STME will be responsible for pre-sales, deployment and operation and also will serve as the first line of support to FSI customers.

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