Pakistan's JS Bank plans to launch the country's first app using mobile biometric logins.Developed with Paysys Labs, the solution is called Instascan.The mobile based, a touchless biometric solution has been integrated with JS Bank's branchless banking mobile application, JCash to biometrically verify customers for over the counter (OTC) transactions. The solution is powered by Diamond Fortress Technologies. which converts standard smartphone cameras into fingerprint sensors without any additional hardware.The firm says this solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors.Speaking on the occasion, Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers' needs by providing a much more convenient way to authenticate themselves.”Karim Jindani commented: “We strongly believe that secure and friction-less identity verification is one of the major challenges in digital financial services space in Pakistan. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any time.”
Pakistan bank to deploy biometric logins
