Cash Checks with Your Thumb with Pay By Touch and eBank Systems

Crooks may be able to steal your bank card number, but not your thumbprint, and Pay By Touch enables just such biometrics. The company just announced the formation of a reseller agreement with eBank Systems, which will market and sell Pay By Touch’s Paycheck Secure service, a check-cashing system, to its existing customer base of more than 30 community banks and financial institutions as well as new prospects. Paycheck Secure, powered by Pay By Touch, lets people cash checks using a finger scan to authenticate their identity. More than 3 million consumers are using Paycheck Secure in 2,000 retail locations across 41 states. To enroll new customers, banks digitally scan the consumer’s government-issued photo I.D., take an electronic photograph and capture two fingerprints, creating a unique customer profile for each individual. At subsequent visits to the bank, the customer places their finger on the scanner to securely cash checks. eBank offers a full suite of technology and core service products for community banks including data processing, item processing, teller applications, check imaging, telephone and internet banking, document imaging and loan processing platforms.