Driver verification is one of the most security-critical phases of money transport for banks and cash-in-transit providers. However, intelligent software often gives way to paper lists at this point. The reasons are clear to see: data protection guidelines are easier for both market participants to uphold thoroughly and with the minimum workload.
The specific inspection of identification papers comes with significant challenges for many financial institutes. On one hand, manually finding the driver on paper lists isn’t just time-consuming but also prone to errors and therefore insecure. On the other, securely storing the documents and paper lists is often a problem. There’s also no need for the cash-in-transit provider to spend lots of time updating driver lists, e.g. if a driver leaves: digital verification is always up to date. This therefore counteracts a potential security breach: in the transition phase until the paper lists are updated, there has been a risk that money could be picked up and stolen by a familiar person that is no longer employed by the cash-in-transit company. But it’s not just a lack of fraud protection and the considerable workload falling on clients and contractors alike that argue against the old, paper-bound solutions. These methods also make verification while upholding the General Data Protection Regulation (GDPR) difficult. Digital concepts that comply with data protection regulations relocate the verification process solely to the point of interest.
Verify more simply and securely
Application on site in the branch shows how patented biometric security solutions such as Quardlock make the authorization of cash and valuables transport drivers faster and more secure via ALVARA | Digital Solutions logistics apps: a fingerprint on the smart employee ID generates a clearly allocated code. This can only be created by the registered employee and expires after a few minutes. The branch employee now scans the code and can read the driver’s verification on the app. As the whole process takes place offline on the card’s security element, it’s particularly secure. Attackers don’t have a chance to manipulate the process or intercept the generated code as the risk of personal data theft is ruled out by the latest state of technology.
Biometric authentication offers countless further options for security-relevant processes: whether it’s an electronic receipt when handing over safe bags or accessing protected areas such as safes, opening ATMs or logging into systems without a password. The added value is always clear to see: a biometric security solution rules out misuse through theft, loss or exchange by the employee as a valid code cannot be generated. The digital solution also always complies with the provisions of the GDPR. Personal data is always stored encrypted on the card’s security element, so is protected form theft.