Augmented identity software maker Idemia has unveiled an offering intended to simplify fingerprint-based background checks for financial institutions.
Idemia said Friday its new fingerprint service works to schedule service appointments, automate enrollment procedures and electronically submit fingerprint data in compliance with Financial Industry Regulatory Authority standards.
The FINRA fingerprint service covers 500 IdentoGO Enrollment Centers and is also designed to handle enrollment status checks and reports.
Donnie Scott, senior vice president and general manager of public security at Idemia, said the new service builds on the company“™s 20 years of experience providing support to financial institutions in an effort to achieve convenience and compliance goals.
FINRA is a Congress-authorized body that aims to deploy artificial intelligence and machine learning technologies to ensure regulatory compliance in the broker-dealer industry.