Face biometrics becomes the IT project of the year

Autor | | 05.10.2018 |

Face biometrics introduced by Tatra banka as the first bank in Slovakia in cooperation with Softec has become the IT Project of the year 2018 

IT Gala is the most prestigious annual event of the Slovak information technology and telecommunications community organized every year since 2001 by Digital Visions, s.r.o. The IT GALA ceremony features the presentation of awards the Most Profitable IT Company, IT Personality, IT Product and IT Project of the Year.

The awards are presented by an informal association of Slovak journalists and members of professional IT associations. It aims to recognize professional and management efforts of individuals and companies engaged in information technology and telecommunications, recognize the most significant projects and products implemented during the year. In addition to the representatives of the most important information and communications industry companies, the event is also attended by heads of state administration officials, representatives of the academic community and the private sector.

Face biometrics, a joint project of Tatra banka and Softec has won in the category of the IT Project of 2018.

“Innovations involve not only new technologies and their implementation. The key is courage. Courage to deploy in live operation a solution built on the new legislation and to rely on biometrics and its statistical results. We have managed to deliver bank products to new clients without the need for them to leave the comfort of their living room. After a successful start with current accounts and consumer loans, we want to further expand the use of face biometrics. Whether in the form of other products or by simplifying services for the existing products,” said Dušan Slimák, Head of Retail Loan Implementation and Methodology at Tatra banka.

“We have linked the world of advanced artificial intelligence with the Slovak banking, introducing a new method of personal identification into the world of finance. After a period of hard work, for a couple of months now common people can open an account or take a consumer loan from the comfort of their home anywhere in the world and at any time. And all this instantly, without waiting, within a few minutes. This is the first project of its kind in Slovakia and the Czech Republic and I would even say, worldwide. The uniqueness lies in the combination of biometrics and public administration services in the commercial sector. According to the most recent surveys 20 to 30 % of the total number of newly-opened accounts are opened using face biometrics,” said Peter Ivanka, Banking Segment Account Manager at Softec.

IT Project of the Year evaluation criteria:

  • benefit for the target group
  • originality and uniqueness of the solution
  • efficient spending
  • utilization of project outcomes
  • project references

Board members:

Ivan Kopáčik (ISACA), Ľuboslav Lacko (PC REVUE), Ján Šebo (CTF), Mário Lelovský (ITAS), Boris Tytykalo (SITA), Filip Hanker and Ján Trangel (Živé.sk), Slavomír Bača (Mentor Partners/robime.it) and Martin Drobný (PC REVUE/NEXTECH)

Media contact:

Zuzana Žiaranová
Spokesperson for Tatra banka
0903 641 846, 0903 641 846
zuzana_ziaranova@tatrabanka.sk

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https://www.tatrabanka.sk/en/about-bank/press-releases/face-biometrics-becomes-it-project-year/