MiNiT Financial Services, Inc., specializes in the development of various secure identity and payment solutions based on biometric authentication. We have
recently launched a product line for the financial services market that provides
consumers, merchants and payment systems providers with enhanced, reliable
security and control over their financial transactions. MiNiT Financial Services has developed payment cards and supporting technologies that are patented and one-of-a-kind; using securely encrypted, biometric technology, to authenticate, verify, confirm and protect the card holders’ identities. The MiNiT Financial Services’ system also stores and secures personal and financial data; and furthermore,
provides a second and third factor authentication for online and pre-paid
transactions.
To create and manage competitive, secure and reliable payment products and services in the areas of cards, e-payments, secure data networking, and digital bank operations.
To provide an accessible, affordable solution for card issuers, networks, payment gateways, acquirers and financial institutions in a form of technology and payment products that work for consumers. MiNiT Financial Services aims to address the current treatment of fraud and introduce remedies to handle this ever growing threat.
MiNiT Financial Services payment cards were conceptualized in response to the proliferation of credit card fraud, security threats, identity theft and data breaches that plague financial institutions, retailers and customers the world over. Our cards employ multiple security features that include a patented biometric sensor-on-card feature (the live fingerprint sensor), an embedded or removable EMV microchip, biometric data, biographic data, pin code, and data encryption. Combined, these features offer exponential security to payment cards
MiNiT Financial Services payment cards are physically similar to other credit cards in that they are conveniently small and portable enough to be discretely hidden in a wallet. But in contrast to just chip-enabled credit cards, our payment cards have chip-and-PIN capabilities, as well as biometrics and encryption that make them virtually impossible to compromise or steal data from. Furthermore, if lost or stolen our cards are useless to anyone other than the owner because of the encryption and the biometric security features that require the owner to use their finger on the card’s fingerprint sensor to activate the card, and process a financial transaction at the same time. Without a biometric fingerprint match, the card is rendered useless. In addition, the card’s encryption technology instantaneously converts confidential credit card data and personal information into indecipherable code thereby preventing hacking and fraud.
We take a systemic, forward-looking and preemptive approach to assessing potential and emerging risks to our objectives related to our business model. In payment and Fintech industries, our card technology and payment processing methods will help identify and respond promptly and effectively to emerging issues, before they cause significant harm to the Fintech industry.
Where risks have crystallized, we will focus on ensuring that effective remedial action is taken to tackle root causes of fraud, as well as provide availability for financial institutions to come to our FINTECHCOSC to train existing staff or hire new staff appropriate for their organizations.
“Our aim is to identify, respond promptly and effectively to emerging issues, before they cause significant harm to Fintech industry, by partnering with secure and strong technology driven gateway and network alliance”.S. ISAAC DANIEL