Positively Authenticate Customer Identities with RightAccount

Fast, accurate & secure bank customer identification

Protect your customers and your institution
Financial services customers need to feel safe and secure knowing that their identities
are protected for each and every transaction. In a world where fraud and identity theft
are increasing security concerns, bank patrons expect that their financial service
institutions are investing in modern technology that can quickly, accurately, and securely
verify their identities and protect their assets.

What is RightAccount?
Our RightAccount multimodal biometric identification solution is built with our award-
winning Bio-Plugin identification management software and helps to safeguard
against the rise in identity theft and fraud by positively authenticating customer
identities directly at the point of service.
RightAccount
www.m2sys.com
2014
The number one reason behind bank fraud is the customer identity theft.

An approximate 10 million people are victims of identity theft every year.
There are 19 new victims every minute of every day.
Bank ID theft is increasing at an alarming rate and is affecting millions of people.
The majority of identity theft incidents (85%) involved the fraudulent use of existing
account information, such as credit card or bank account information.
Victims who had personal information used to open a new account or for other
fraudulent purposes were more likely than victims of existing account fraud to
experience financial, credit, and relationship problems and severe emotional distress.

Source: Identity Theft - Facts and Figures
Identity Theft & Bank Fraud Facts and Stats
Fraud and ID Theft A Rising Concern
www.m2sys.com
2014
Financial institutions incurred $955 million in losses due to debit card fraud in 2010 a 21% increase from the
$788 million in losses incurred during 2008.
In 2011, 59% of the more than 37 billion debit card transactions that were made were verified by signature, 85%
of all fraudulent debit card transactions involved signature verification, and $1.15 billion of the total $1.35
billion in debt card fraud losses (85%) stemmed from signature debit card transactions.
Identity theft is a form of fraud that often results in unauthorized credit card and debit card transactions. There
were 13% more cases of identity theft in 2011 than in 2010, yet the costs incurred by consumers actually
represented a 44% decrease over the course of the previous eight years.
Source: Credit Card & Debit Card Fraud Statistics
Bank Fraud Statistics
The Negative Effects of Bank Fraud
www.m2sys.com
2014
Seamless integration
into existing banking
software
Establishes a concrete
audit trail for
customer financial
transactions
Eliminates risk
associated with
password or
Signature based
security
Improves customer
service and brand
sentiment
Features of RightAccount
RightAccount Helps to Prevent Fraud
www.m2sys.com
2014
RightAccount enrolls
customer based on fingerprint
+ finger vein pattern (when
used with M2-FuseID
device)
Customer scans a finger
Employee opens the new
customer account
opening screen
Bank employee logs into
the core banking
application
RightAccount prompts
for customer finger scan
locks all other
operations
New account opening screen
continues
Audit trail created
Customer enters the bank and
is directed to bank employees
for account transactions
We recommend our M2-
FuseID smart finger scanner
as the biometric modality.
RightAccount Workflow
www.m2sys.com
2014
Step 1
Customer enters bank and is directed to bank employees for secure transaction.
Step 2
Bank employee logs into the core banking application.
Step 3
Employee navigates to inter-bank fund transfer screen.
Step 4
RightAccount prompts for customer biometric scan locks all other operations.
Step 4
Customer scans a biometric.
Step 5
RightAccount authenticates the customer based on biometrics, creates audit trail.
Step 6
Inter-bank fund transfer operation continues.
How Does RightAccount Authentication
Secure Bank Transactions?

www.m2sys.com
2014
Here are some benefits of using
RightAccount for customer authentication:

Establish safe and secure transactions by
protecting customer identities with their
unique biometric features such as
fingerprints and finger vein patterns.
Improve customer service by eliminating
the risk of sharing personal information
over unsecured telephone lines with the
use of voice biometric for customer
authentication.
Reduce identity fraud at the point of
service by providing biometric
authentication on mobile phones.
Why Adopt RightAccount?

www.m2sys.com
2014
www.m2sys.com
M2-FuseID Smart Finger Reader

Next-Generation Fingerprint Reader Delivering
Optimal Security & Reliability with Advanced
Finger Imaging and Liveness Detection

Capture fingerprint and finger vein
simultaneously in a single touch
Contactless biometric data capture
Liveness detection feature to prevent
spoofing and fraud
Encrypted data transfer across USB to
protect data
LED display visual feedback
Intuitive interface
Expansive operating range (0 - +40C, wet
or dry)
RightAccount Recommended Hardware

Corporate Headquarters:
1050 Crown Pointe Pkwy.
Suite 850
Atlanta, GA 30338
USA
Asia Office:
House-279, Road-19,
Mohakhali DOHS,
Dhaka 1216
Bangladesh
E-mail: info@m2sys.com
Phone: +1 (770) 393 0986
Website: www.m2sys.com

Get Social:
Facebook: https://www.facebook.com/m2sys
Twitter: @M2SYS
LinkedIn: http://www.linkedin.com/company/m2sys-technology
Blog: blog.m2sys.com
YouTube: http://www.youtube.com/m2sys
Google+: https://plus.google.com/M2SYS
Contact Us
www.m2sys.com
2014