Fujitsu & M2SYS Webinar - How Palm Vein Biometrics Can Strengthen PCI and Workforce Management...
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Transcript of Fujitsu & M2SYS Webinar - How Palm Vein Biometrics Can Strengthen PCI and Workforce Management...
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Using Biometric Palm Vein Technology To Strengthen Compliance
Hosts:
Bill Geary – Sales Manager, Retail & Education, Fujitsu Frontech North America
John Trader – Communications Specialist, M2SYS Technology
If tweeting during the presentation, please use hashtag #palmsecure
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Agenda
• Company Overviews• The Cost of Non-Compliance• PCI Compliance• How Can Palm Vein Biometrics Help?
• Workforce Management Compliance• How Can Palm Vein Biometrics Help?
• Why Fujitsu Palm Vein Biometrics Technology?• Why M2SYS?• Contact Information
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Fujitsu OverviewPalmSecure™ Biometric Solution
Company Leading Provider of Customer – Focused Information Technology and Communication Solutions Founded in 1935 – 76 years in existence Annual Revenue – $53 Billion Over 160,000 Employees 100+ Offices Worldwide
Products, Services and Support Delivering Computers, Software, Telecommunications, Microelectronics, Electronic Devices
– 34,000 Patents Providing Consulting, Systems Integration, IT Infrastructure, Solutions
– Third Largest IT Services Provider in the World Worldwide Support
Partners Partnerships with Leading Distributors, Resellers, ISV’s and Software Companies
Customers Most Global Fortune 500 Companies
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M2SYS OverviewWe Simplify the Adoption of Biometric
Technology• Winner of 2007 Frost & Sullivan Biometrics Technology Innovation of the Year Award
• Winner of 2011 Frost & Sullivan North American Biometrics Industry New Product Innovation Award
• Primary Markets Served: Public Safety – Law Enforcement, Electoral, Healthcare, Banking, Education, POS, Childcare, Transportation, Workforce Management, Membership Management, Application Security
• Over 500 enterprise software integrators
• Tens of Thousands of End User Deployments in 90 Countries
• Unique Hybrid Biometric Platform™ solutions for rapid biometric adoption and deployment
• Headquarters in Atlanta, GA with Satellite Office in Asia
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Components of PCI Compliance:
ManufacturersPCI/PTSPIN transaction security
Software Developers
PCI-PA-DSSPayment Application Vendors
Merchants and Processors
PCI DSSData Security Standard
Ecosystem of payment devices, apps, infrastructure and users
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The Cost of PCI Non-Compliance:
• Effective security strategies lower the
cost of non-compliance
• Absence of enabling technologies
raises the reactive costs of non-
compliance
• Consequential costs can include
business disruption, productivity loss,
revenue loss and fines/penalties
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The Cost of Non-Compliance:
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The Cost of Non-Compliance:
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How Can Biometrics Help?Palm Vein Biometrics to Strengthen PCI Compliance
Benefits:
• Passwords/Network Security• Stronger validation – eliminates sophisticated POS
passwords• Avoid costly security breaches – stops
unauthorized access using borrowed or stolen passwords
• Record Storage• Strengthens access control to areas containing
sensitive data• Cost savings
• Reduce help desk calls• Tactic to help lower largest contributor to shrink –
employee theft
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Components of Workforce Management Compliance:Time and Labor Management
Employee Scheduling
Employee and Manager Self-Service
Absence and Leave Management
Workforce Analytics
Union Requirements & Gov’t Regulations
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The Cost of Non-Compliance:
Workforce Management• Wal-Mart pays $172 million in 2005
• A&P pays $3.1 million in 2004
• Lawyer fees and court costs
• Productivity losses
• Irreparable damage to reputation and
consumer loyalty
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The Cost Of Compliance:Workforce Management
According to the U.S. Department of Justice, an employer can be ordered to pay liquidated damages and back-pay as well as any criminal fine or penalty that is imposed in court. Criminal penalties under the Fair Labor Standards Act (FLSA) impose a fine of up to $10,000 on the first conviction and a fine of up to $10,000, a term of imprisonment of up to 6 months, or both, on all convictions after the first conviction.
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How Can Biometrics Help?Palm Vein Biometrics to Strengthen WFM Compliance
• Stops time theft and buddy punching• Strengthens employee accountability• Improves productivity – no PINS or passwords• Concrete audit trail that provides irrefutable
proof • Eliminates identity fraud• Reduces payroll inflation and payroll errors• Solidifies value of punch restriction
Benefits:
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Palm Vein Biometric ID Key Advantages
High Authentication Accuracy• FAR: 0.00008% • FRR: 0.01%
Non-Traceable and Non-Shareable Authentication Method• Delivering unmatched security and privacy that is virtually impossible to forge
Non-Intrusive Interface • Contactless solution that leaves no biometric footprints following authentication• High level of user acceptance
Applicable to All Users with Virtual No Enrollment Failure • Works regardless of ethnicity, age, and other demographical statistics • Highly applicable to all users due to minimal impact from external factors (abrasions, dry skin,
chemical damage, wearing skin lotion, etc.)
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Why M2SYS?Key Advantages
• Instantly interfaces with any third-party WFM or POS application
• Custom versions already built for Kronos, ADP, Qqest, Zoll Data Systems, Empower, Fujitsu GlobalStore and others
• Can facilitate offline punch capture and discreet “typeless” schedule enforcement (Kronos and ADP)
• Easily scale to share templates across terminals or stores
• Seamless interface to end users
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Contact Information
Bill GearySales Manager, Retail & EducationBiometric SolutionsFujitsu Frontech North America25902 Towne Centre DrFoothill Ranch, CA [email protected]+1-813-855 8452 office+1-813-380 9423 cellwww.fujitsu.com/us/services/biometrics/palm-vein/
John TraderCommunications SpecialistM2SYS Technology1050 Crown Pointe Pkwy.Suite 470Atlanta, GA [email protected]+1-770-393-0986 x34www.m2sys.com
Twitter: twitter.com/m2sysFacebook: facebook.com/m2sysLinkedIn: linkedin.com/company/
m2sys-technology