A universal service which can be used in both the northern and southern hemispheres

WOOGROUP’s aim 

WOOGROUP wants to provide a network for and optimise the large number of customers who are not part of the banking world, to make them eligible for the current banking system.

For the northern hemisphere countries :
WOOGROUP’s service allows a “different type of bank” to be created which complements the current banking services.
It offers the possibility of attracting new customers and developing existing customer loyalty, whilst providing a network for the large number of people who avoid the banking system.

For the southern hemisphere countries :
WOOGROUP’s service provides a unique opportunity. It provides a secure and efficient solution to the major problems associated with extending banking facilities.
We give everyone the opportunity to open a prepaid account as an alternative to a traditional bank account, whilst providing a full range of formal financial services.

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The WOOBADGE : a unique innovation in the world

The WOOBADGE : a reliable and tamper-proof biometric authentication innovation which is unique in the world.

The WOOBADGE is a biometric authentication tool, which ensures the traceability of transactions and the remote identification of users.

The functions of the WOOBADGE
- The monitoring and transparency of the transactions carried out within the bank acceptance network: bank branches and nominated agents.
- Secure enrolment of WOONEO users who do not have a bank account, or do not wish to declare an account or debit card.
- Tamper-proof identification of issuing transactions, such as receipt by all WOONEO users.
- An additional compliance guarantee for the banks in the fight against money laundering.

The characteristics of the WOOBADGE
- Creates digital fingerprints and transmits them by DTMF (dual-tone multi-frequency) signalling
via a simple telephone line (landline, mobile, internet).
- Extremely secure: EAL 4+ (evaluation assurance level 4+) under development.
- No password required.
- Stores one or more digital fingerprints.
- Links codes and signatures to each fingerprint.
- Universal application.

 
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