Fujitsu (Thailand) Co., Ltd., a leading provider of information and communication technology solutions, showcased its innovative Fujitsu Palm Secure™ solution at Bangkok Fintech Fair 2019: Collaboration for the Future of Finance, held at the Bank of Thailand’s Learning Center. The solution was displayed at the booth of Siam Commercial Bank to demonstrate the differences between biometric authentication with palm vein scanning and other methods such as facial recognition and fingerprint scanning. Palm vein scanning and recognition technology offers higher accuracy and is widely used in countries that have adopted self-checkout technology at department stores and convenient stores, particularly in Korea and Japan. After choosing the required merchandise items, customers can place their hand above a palm vein sensor. This is a new payment option replacing credit card and QR code scanning.
Bringing convenience and speed demanded by customers in financial and retail industries, this innovative technology enables shoppers to enjoy seamless payment experiences without using cash and credit cards. Palm vein scanning is recognized as one of the most secure authentication methods, with a 99.99999% accuracy rate. Fujitsu Palm Secure™ received strong interest from many attending the event .
Fujitsu Palm Secure™ was first introduced in 2004, mainly targeted at banking & finance and retail industries. It has been used for cardless payment, digital kiosk and ATM functions in Korea, Japan and Turkey. In the healthcare industry the technology is used in hospitals for patient identification before surgery, insurance, and application login. In the government sector it is used for authentication for physical access control. About 990,000 units of the Palm Vein Sensor have been installed so far, with over 73 million users worldwide.