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JS Bank and Paysys Labs Collaborate to Launch Mobile Based Biometric Solution: Instascan

  • August 29, 2017
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JS Bank, in partnership with Paysys Labs is launching a mobile based biometric solution in Pakistan; Instascan. The mobile based, 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. Imran Soomro – Chief Information Officer at JS BANK, Khurram Shaikh – Chief Digital Officer at JS Bank, and Karim Jindani, Chief Executive Officer of Paysys Labs, attended the signing ceremony.

Read: Deliberating the Modern Business Experience: CIO Pakistan Hosts A Business OpenFloor Soirée

JCash customers can now avail higher limits of Rs. 50,000 for domestic remittances. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication.

Speaking at the launch, 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 and avail our banking services instantly.”

Using the NADRA biometric system, the Instascan solution is certainly a great step from the JS Bank team towards digitization and greater financial inclusion.

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Related Topics
  • Breaking Netxpress Wired
  • CIO JS Bank
  • CIO Pakistan
  • financial inclusion Pakistan
  • ICT in Pakistan
  • IDG Pakistan
  • Imran Soomro
  • Instascan
  • JS Bank
  • Khurram Shaikh - Chief Digital Officer at JS Bank
  • Paysys Labs
  • Smart Pakistan News
  • tech news
  • technology news Pakistan
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