Access Your CU Account With Your Own Passface
DUBLIN, Ohio -- R. C. Olmstead announced Wednesday it has signed with Passfaces Corp. to integrate the company's visual online authentication solution with its core data processing system for credit unions. The integration will enhance authentication for Olmstead's credit union customers and satisfy new federal requirements for multifactor authentication for all online transactions by year-end. Passfaces is a patented technology that uses the brain's innate cognitive ability to recognize human faces. The system asks users to remember a series of faces in a collection of mug shots; as many as nine series or as few as three. Users pick their assigned 'secret' face from each set to gain access to a secure system or Website. Retention rates are very high because people tend to recognize a familiar face, even if they forget the name that goes with it.