Reduce Identity Theft on Financial Transactions with Biometrics

Security and finances go hand by hand, and now it's more secure than ever. Learn more.

Computer Vision
Fraud Prevention
Biometrics
Machine Learning
Reduce Identity Theft on Financial Transactions with Biometrics

About Red Pagos

Redpagos is a leading national financial system company; managing most of the countrys’ payments & collections. As one of its services, Redpagos acts as a loan company branch where customers can pay their loans at.

The Challenge

As a trusted national finance operation company, RedPagos has to have a secure system of recongition. Each individual asking for a loan and making payments has to be clearly identified. This is why we had to create a system that clearly identifies the customer as individual to avoid identity theft when requesting and/or getting a loan.

The Solution

We developed  a cutting-edge fingerprint recognition system that integrates seamlessly with Uruguayan National ID Agency for identity verification.The system is deployed in 450 agencies across Uruguay that achieves 18K+ successful biometric transactions monthly. This is a robust and secure solution for identity verification at a nation-wide scale.

Impact

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