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.
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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