compliance webinar 083011

8/4/2019 Compliance Webinar 083011

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Using Biometric Palm Vein TechnologyTo Strengthen Compliance

Hosts:Bill Geary Sales Manager, Retail & Education, Fujitsu Frontech North America

John Trader Communications Specialist, M2SYS Technology

If tweeting during the presentation, please use hashtag #palmsecure


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Agenda

Company Overviews

The Cost of Non-Compliance

PCI Compliance

How Can Palm Vein Biometrics Help? Workforce Management Compliance

How Can Palm Vein Biometrics Help?

Why Fujitsu Palm Vein Biometrics Technology?

Why M2SYS? Contact Information


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Fujitsu OverviewPalmSecure Biometric Solution

Company Leading Provider of Customer Focused Information Technology and Communication Solutions

Founded in 1935 76 years in existence

Annual Revenue $53 Billion

Over 160,000 Employees

100+ Offices Worldwide

Products, Services and Support Delivering Computers, Software, Telecommunications, Microelectronics, Electronic Devices

34,000 Patents

Providing Consulting, Systems Integration, IT Infrastructure, Solutions

Third Largest IT Services Provider in the World

Worldwide Support

Partners Partnerships with Leading Distributors, Resellers, ISVs and Software Companies

Customers Most Global Fortune 500 Companies


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M2SYS OverviewWe Simplify the Adoption of Biometric Technology

Winner of 2007 Frost & Sullivan Biometrics Technology

Innovation of the Year Award

Winner of 2011 Frost & Sullivan North American Biometrics

Industry New Product Innovation Award

Primary Markets Served: Public Safety Law Enforcement,

Electoral, Healthcare, Banking, Education, POS, Childcare,

Transportation, Workforce Management, Membership

Management, Application Security

Over 500 enterprise software integrators

Tens of Thousands of End User Deployments in 90 Countries Unique Hybrid Biometric Platform solutions for rapid

biometric adoption and deployment

Headquarters in Atlanta, GA with Satellite Office in Asia


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Components of PCI

Compliance:

Manufacturers

PCI/PTS

PIN transaction

security

Software

Developers

PCI-PA-DSS

Payment

Application

Vendors

Merchants andProcessors

PCI DSS

Data Security

Standard

Ecosystem of payment devices, apps, infrastructure and users


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The Cost of PCI

Non-Compliance: Effective security strategies lower the

cost of non-compliance

Absence of enabling technologies

raises the reactive costs of non-

compliance

Consequential costs can include

business disruption, productivity loss,

revenue loss and fines/penalties


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The Cost of Non-Compliance:


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How Can Biometrics Help?Palm Vein Biometrics to Strengthen PCI Compliance

Benefits: Passwords/Network Security

Stronger validation eliminates sophisticated POS

passwords

Avoid costly security breaches stops

unauthorized access using borrowed or stolenpasswords

Record Storage

Strengthens access control to areas containing

sensitive data

Cost savings

Reduce help desk calls

Tactic to help lower largest contributor to shrink

employee theft


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Components of Workforce

Management Compliance:Time and Labor Management

Employee Scheduling

Employee and Manager Self-Service

Absence and Leave Management

Workforce Analytics

Union Requirements & Govt Regulations


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Workforce Management Wal-Mart pays $172 million in 2005

A&P pays $3.1 million in 2004

Lawyer fees and court costs

Productivity losses

Irreparable damage to reputation and

consumer loyalty


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The Cost Of Compliance:

Workforce ManagementAccording to the U.S. Department of Justice, an employer can be ordered topay liquidated damages and back-pay as well as any criminal fine or penalty

that is imposed in court. Criminal penalties under the Fair Labor Standards

Act (FLSA) impose a fine of up to $10,000 on the first conviction and a fine of

up to $10,000, a term of imprisonment of up to 6 months, or both, on allconvictions after the first conviction.


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How Can Biometrics Help?Palm Vein Biometrics to Strengthen WFM Compliance

Stops time theft and buddy punching

Strengthens employee accountability

Improves productivity no PINS or passwords

Concrete audit trail that provides irrefutableproof

Eliminates identity fraud

Reduces payroll inflation and payroll errors

Solidifies value of punch restriction

Benefits:


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Palm Vein Biometric IDKey Advantages

High Authentication Accuracy

FAR: 0.00008%

FRR: 0.01%

Non-Traceable and Non-Shareable Authentication Method

Delivering unmatched security and privacy that is virtually impossible to forge

Non-Intrusive Interface

Contactless solution that leaves no biometric footprints following authentication

High level of user acceptance

Applicable to All Users with Virtual No Enrollment Failure

Works regardless of ethnicity, age, and other demographical statistics Highly applicable to all users due to minimal impact from external factors (abrasions, dry skin,

chemical damage, wearing skin lotion, etc.)


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Why M2SYS?Key Advantages

Instantly interfaces with any third-party

WFM or POS application

Custom versions already built for Kronos,

ADP, Qqest, Zoll Data Systems, Empower,

Fujitsu GlobalStore and others Can facilitate offline punch capture and

discreet typeless schedule

enforcement (Kronos and ADP)

Easily scale to share templates across

terminals or stores

Seamless interface to end users


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Contact Information

Bill GearySales Manager, Retail & EducationBiometric SolutionsFujitsu Frontech North America25902 Towne Centre DrFoothill Ranch, CA [email protected]+1-813-855 8452 office+1-813-380 9423 cellwww.fujitsu.com/us/services/biometrics/palm-vein/

John TraderCommunications SpecialistM2SYS Technology1050 Crown Pointe Pkwy.Suite 470

Atlanta, GA [email protected]+1-770-393-0986 x34www.m2sys.com

Twitter: twitter.com/m2sysFacebook: facebook.com/m2sys

LinkedIn: linkedin.com/company/m2sys-technology

compliance webinar 083011

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