Sberbank Kazakhstan is planning to implement biometrics in 2020

12.11.19 12:24
/KASE, November 12, 2019/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided the KASE with the following press release dated November 12, 2019: quote Recently, the technologies and categories of services significantly changing people's way of life have appeared in the world. The task of technologies implemented is to considerably simplify people's life reducing their time and money expenditures for any actions or operations. Biometrics is one of revolutionary technologies being the most advanced level of protection from fraudsters, as each of us has innate, inherent features and characteristics: iris color and drawing, fingerprints, facial image, or voice. It is these data that are transformed by the protection system into a special digital code which is impossible to falsify. Sberbank Kazakhstan pays much attention to cyber security. Taking care of its clients, it provides reliability and safety for their bank accounts. Earlier, the bank implemented the BI.ZONE platform aimed to estimate the suspiciousness of clients' financial transactions on the Internet in terms of fraud. The next stage of clients' protection is to implement biometrics. Sberbank Kazakhstan is planning to launch it in its service next year. unquote Full version of the press release is posted on the KASE website at: - http://kase.kz/files/emitters/SBER/sber_reliz_121119_kz.pdf – in Kazakh; - http://kase.kz/files/emitters/SBER/sber_reliz_121119.pdf – in Russian; - http://kase.kz/files/emitters/SBER/sber_reliz_121119_en.pdf – in English. [2019-11-12]