The Biometric Revolution

1. The Biometric Revolution Standard Bank OneFinger PresentationTo Peter Wharton-HoodDeputy CEO

2. AGENDA • Peter ‘s background and how OneFingerTM evolved • Development time already spent • Misconceptions about Biometrics • OneFinger is not limited to fingerprints • Other Biometric companies and Peter’s experiences • Presentation

3. Presents The Biometric Revolution All it takes to protect the public and business against white-collar crime: Identity Verification

4. The Question How easy is it to steal an identity ? • With existing systems available today - a company can only do a credit check against an ID number presented. • What proof is there that the consumer in question is who he or she says they are ? • What is the cheapest information check that can be done on a person’s identity ? • Discussion – • Is prevention better than cure ?

5. The problem  Identity theft and impersonation is an international problem! • Fraud related to identity theft, cost South African businesses R276-million in the first three months of 2008 - Alexander Forbes Insurance • SA Fraud Protection Services see 5 to 6 million cases of ID fraud per month – Star 2010/02/08 J Kok COO of JD Group • See www.1finger.co.za for more links of interest

6. Ultimate Solution !!

7. Why OneFinger? • OneFingerTMis a personal biometric identification system • It protects both the public and merchant from identification theft • It links a “virtual” identity to a real person through fingerprints • This neural net constantly updates it’s knowledge about every individual (self-cleansing)

8. Key Consumer Benefits • With OneFingerTMregistration is FREE, simple and uncomplicated • With OneFingerTMno merchant can obtain one’s details without one’s biometric consent • With OneFingerTMa free monthly e-mail detailing all enquiries against one’s identity is received • With OneFingerTMone has the option of a real time, premium rated SMS, if one’s ID is used on the system

9. Key Business Benefits for Merchants • OneFingerTMis the only system that proves a client’s identity by using biometric evidence • With OneFingerTMthere is an instant deterrent to criminals • With OneFingerTMfull client details are obtained within 2 seconds without inconveniencing the client. • With OneFingerTMmoney and time are saved • With OneFingerTMthe merchant decides on what threshold to use this service • With OneFingerTMregardless of type of transaction, monetary or not, this system can be used • With OneFingerTMthe cheapest ever verification check can be acquired • With OneFingerTMtransactional evidence collected, if used in a court of law, will be difficult to dispute • With OneFingerTM South Africa can significantly be rid of identity theft

10. Evidence for Court of Law • Profile of a criminal may consist of: • All the OneFingerTMoutlets where fraudulent identities were used. • Whose identities were stolen • The assistants serving the criminal • Dates and times of activities • Places where activities took place • Criminal’s photograph taken at each event • Fingerprints and images as well as the associated algorithms.

11. On registration at a OneFinger outlet • Take an ID and/or passport number • Take a photo • Collection of client’s basic details • Registration of all 10 fingers • OneFingerTMconsent form for signature • Original sent to OneFingerTM head office • Thereafter • All subsequent verifications of this client only requires the placement of any one finger • The merchant can print a confirmation report for each verification concluded

12. For developers and integrators • In development – there will be a full SDK (Software Developers Kit): • The SDK will be supplied free of charge to integrators, with commissions per transaction, developed to integrate the OneFingerTMsystem directly into any application. • Should a client visit a supplier using OneFingerTMwithin an application, there would be no need to complete application forms, as the client’s information can be populated from the OneFingerTMdata base into the integrators application directly.

13. The Market • Industry examples: • Point of Sale such as retail outlets • Employment management • Access control for visitors • Credit checks • Rental systems such as video stores or tool hire • Healthcare, including doctors, hospitals and clinics • Hospitality industry • Account management • Wholesale management / car rental / airport / warrantee collection / delivery services / crèche child collections / delivery or collection of vehicles type systems / admin for opening of accounts / signing of agreements /banking systems such as credit card / cheque payments / safety and security / school environment / travel systems / immigration systems / law enforcement / pension funds systems / insurance and claim systems / cell phone service providers / ghost workers, education and many, many, more…..

14. Existing Opportunities • Number plate industry, (in development) • DRC government and cell phone operators, (in development) • Nigerian government • JD Group • SA fraud protection service • Top ANC politicians • Shuttleworth Foundation • Private security industry, Rembrandt group • Banking industry • Child trafficking work group - KZN

15. Existing Opportunities For Future Generations • Human and child trafficking is becoming a problem world wide • Children do not have ID documents until 16 years old • Children are easily alienated by removing them from their “home environment” and taking them abroad or across borders • Statistics from previous Football World Cups show: • Increase in crime • Increase in prostitution with related human and child abduction and trafficking. • The registration of children on OneFingerTM will enable authorities to track across borders • OneFingerTM offers this as a free social responsibility service to protect the human capital of the future

16. Opportunities for the banking industry • In-Banking uses • Staffing audit trails (Log-in and in-house fraud) • In-house client applications (Open Account / Transactions) • ATM’s (Self service with other built-in securities) • Internet Banking (Affordable remote verification securities) • Benefits • Cost saving at the teller • Strategic marketing plans • Benefit of protecting own clients (Marketing advantage) • Opportunities • Own AFIS System • Sharing of data between OneFinger and bank • Investment opportunity of possible global solution

17. What cost for peace of mind? • Option 1 • Everything for FREE (software / webcam /biometric reader / installation / training and remote support ) • Only pay R 2.00 per verification on a 24 month contract (minimum 200 verifications per month) • Additional Verifications at only R 1.50 each (minimum purchase of 200 at a time)

18. What cost forpeace of mind ? Option 2 • Everything FREE (software / webcam / biometric reader / installation / training / remote support ) • An upfront, once-off registration fee of R 1753 is required, with only a R 1.50 verification cost on a 24 month contract (minimum verifications per month of 200) • If additional verifications are still required, only a payment of R1.50 each would apply (minimum purchase of 200 at a time)

19. AGENDA • Peter ‘s background and how OneFingerTM evolvedDevelopment time already spentMisconceptions about biometrics OneFingerTM is not limited to fingerprintsOther Biometric companies and Peter’s experiences • Common questions asked about OneFingerTM • Why an in-house AFIS system will not be the total solution • How SAFPS and ITC can compliment OneFingerTM • Fraud protection as opposed to prevention • OneFingerTM is non sexist, non racist and does not discriminate • Levels of users by certification • We all have choices – the choice not to be listed or the choice of not being protected • Marketing options • Money issues – potential , investment existing funding

20. Credentials Team OneFinger • Peter-John Krauspe • 247 Technologies / OneFingerTM • Telecommunication Expert • IT Expert in field since 1983 • Riaan Roos • OneFingerTM • System Analysis and Programming since 1982 • Gary Chislett • Sizwe • SAPS Certified Fingerprint Expert • Jennifer Smith • Marketing Matters • 20 years of Marketing experience including Lever Brothers • ZK Software • Chinese Manufacturer and Supply of biometric hardware and software SDK’s • Current resellers base • Over 8000 • Dedicated team of programmers • Dedicated team of support and technical personnel

21. Summary We sincerely believe that there can be no political solution to the ever-spiralling fraud situation in this country. It will take a concerted effort by all concerned commercial parties to address this crisis. NOW IS THE TIME TO SEIZE THE ONEFINGER INITIATIVE !