Blue ID-Biometric Authentication And Secure Online Banking

May 26, 2010 - PRLog -- Verity’s highly acclaimed Blue ID, a new generation technology, secures financial transactions, manages access and provides biometric identity to masses on a pan India basis.
   
    Blue-ID card allows store purchase, online purchases, and Mobile Authentication and Identity Management Services purchases and can provide the “instant verification” for consumers.
   
   The Blue ID Portfolio (5 variants with varying levels of security) is set to unveil a new era in the telecom and financial transactions space. Card transaction verification, online banking, session control, biometric access, rural financial inclusion and identity management are the key areas that would be revolutionized through the adoption of this technology.
   
   Blue IDs cutting edge technology has the advantage of interoperability with legacy platforms, existing technologies and standards in the financial sector including Scosta, EMV and 8353 among others. Blue ID solutions, which are fast, safe & easy to use, is controlled by users own mobile.
   
   At the lowest level of security Blue ID allows a person secure his access to an online session via username on the web coupled with a PINCODE on a mobile device. With the risk of online fraud, phishing and identity theft removed, online banking or e-commerce is made safe, easy and a mass market phenomenon. At the highest level of security Blue ID allows the person to gain Biometric Access, presence based password and total session control.
   
   Blue ID's ultra pervasive technologies (mobile and Bluetooth) are highly versatile and cost effective. In remote villages with low internet penetration it provides a portable biometric reader with server access through mobile internet connectivity.

For more details visit http://www.veritytech.com

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About Veritytech:

Verity Technologies, a mobile applications company with focus on Authentication and Identity Management Services, announced a strategic alliance with Kores (India) Limited, a 76 year old highly diversified business house with all India network and market leadership in stationery and office products. Kores has relationships with most Indian Banks. The
alliance paves way for Kores to distribute Verity's highly acclaimed Blue ID, a new generation technology - that secures financial transactions, manage access and provides biometric identity to masses on a pan India basis.