BANKING

Financial applications and use cases are frequently consumer accounts that are protected by a login and password or a credit card with a PIN (debit). Chip-based credit card transactions are a huge source of loss today because signatures and photo ID are not required. iVALT® enables the protection of a variety of financial transactions through the use of a biometric ID to ensure the person conducting the transaction is actually the authorized account holder. iVALT® can be configured for a variety of business rules, such as transaction over a certain value.