Welcome!

News Feed Item

Bridge Community Bank Adopts Innovative Approach for Consumer Privacy and Security

Bridge Community Bank today announced it will be the country’s first financial institution to adopt the TASCET Financial ICONN™, a proprietary privacy solution that will streamline the bank’s physical and online customer identification and identity verification processes.

Beginning in early 2013, both current and new account holders will be able to request a Financial ICONN at each of the bank’s locations in the cities of Mount Vernon, Solon and Mechanicsville, Iowa. Each branch will be equipped with TASCET’s ICONN system that will enable customers to secure their identity and receive the highest level of transaction privacy and convenience available in the banking industry today.

“Protecting our customers’ identities and assets is always our number one priority,” said Bob Steen, CEO of Bridge Community Bank. “TASCET’s Financial ICONN puts protection tools in place in the branch offices as well as in mobile transactions and peer-to-peer payments. The Financial ICONN approach eliminates many of the hurdles associated with identity. At the end of the day, both the consumer and the bank have the highest degree of confidence in knowing who is on each end of the transaction.”

To activate a Financial ICONN, a customer simply provides the bank with his or her name, address, date and country of birth and gender along with two Fingerproofs™ and a Faceproof™. This information is processed by TASCET’s proprietary Identity Infrastructure™ to identify the customer. Once uniquely identified, the customer activates a Financial ICONN, a digital representation of their identity. ICONN facilitates the rapid and accurate verification of the customer’s identity in all future transactions.

Unlike conventional account security and look-up methods that rely on Social Security numbers, driver licenses, PINS or passwords that are highly vulnerable to forgery and theft, Bridge Community Bank will protect its customers’ identities and transactions through a TASCET-issued Financial Security Number™ (FSN) that is unique to each customer and incorporated into their account.

In addition, the FSN will serve to strengthen the bank’s compliance with anti-money laundering (AML), Know Your Customer (KYC) and Bank Secrecy Act (BSA) regulations and sets the foundation for securing mobile transactions.

“Bridge Community Bank has a history of embracing new technologies in the interest of their customers’ financial safety and the future of banking,” said Larry Aubol, CEO of TASCET. “This is a prime example of new technology driving significant improvements in both consumer safety and industry efficiency.”

Prior to the rollout of TASCET’s Financial ICONN, Bridge Community Bank will launch an awareness campaign targeted for its customers that will highlight the importance of securing their identity with the TASCET activation process.

About Bridge Community Bank

Bridge Community Bank is an employee-owned commercial bank with three locations in Mechanicsville, Mount Vernon and Solon, Iowa. The bank provides a wide range of financial services to both consumers and businesses including checking and savings, business banking, online and mobile banking as well as business/agriculture, home, personal and auto loans. For more information, visit www.bankatbridge.com.

About TASCET

TASCET created the Identity Infrastructure™, the first cross-industry platform and only end-to-end digital identification and verification solution that addresses business and consumer privacy and identity requirements. TASCET’s identification and privacy solutions are currently available to organizations in the financial services, healthcare, cyber and government sectors. Based in Madison, Wisconsin, TASCET does not data mine, sell its clients’ information or monitor its clients’ customers’ transactions. Visit www.tascet.com for more information.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
SYS-CON Events announced today that Tappest will exhibit MooseFS at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. MooseFS is a breakthrough concept in the storage industry. It allows you to secure stored data with either duplication or erasure coding using any server. The newest – 4.0 version of the software enables users to maintain the redundancy level with even 50% less hard drive space required. The software func...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.