Press Release

Bayometric Earns FINRA Certification for Live Scan Software, Streamlining Fingerprint Submissions for Financial Institutions

San Jose, CA – Bayometric, a leading provider of biometric identity verification solutions, is proud to announce that its Live Scan fingerprinting software has officially received Electronic Fingerprint Submission (EFS) certification from FINRA. This milestone enables Bayometric to electronically submit fingerprints directly to FINRA, positioning the company among a select group of approved vendors nationwide.

The certification significantly enhances Bayometric’s presence in the financial services sector, offering a seamless, secure, and efficient alternative to traditional fingerprinting processes. Financial professionals, broker-dealers, and funding portals can now rely on a digital-first, compliant method for submitting fingerprints as required by FINRA’s Central Registration Depository (CRD).

A Modern Solution for an Evolving Regulatory Landscape

With stringent timelines and accuracy requirements in place, FINRA’s fingerprinting process is a crucial step for licensing and onboarding financial professionals. Previously, organizations relied on slow and error-prone manual fingerprint cards, which often caused onboarding delays and increased rejection rates.

Now, with Bayometric’s certified solution, firms can digitally capture, encrypt, and submit fingerprints within days. This advancement drastically reduces wait times, eliminates manual paperwork, and minimizes the risk of rejected submissions due to print quality or formatting issues.

Enhanced Features Built for Compliance and Usability

The EFS-certified Live Scan software from Bayometric offers an intuitive user interface paired with advanced automation. Features include:

  • Real-time image validation to meet FBI and FINRA standards
  • Secure encryption and transmission protocols
  • Automated formatting for seamless submission
  • Error flagging to catch invalid entries before dispatch

These tools are designed to streamline workflows for HR departments, compliance officers, and operations managers who require reliable, compliant fingerprint processing.

Helping Financial Firms Stay Focused

The Live Scan software is particularly beneficial for broker-dealers and financial advisors who need to submit fingerprints as part of Form U4 or during annual renewals. By partnering with Bayometric, firms eliminate inefficiencies tied to outdated scanning hardware or external vendors and maintain full control over their compliance process.

A Step Toward Smarter Identity Solutions

This new certification underscores Bayometric’s commitment to delivering scalable, secure biometric technology tailored to both public and private sector needs. The company also maintains FBI Appendix F certification and continues to expand its live scan product offerings for broader industry applications.

For organizations looking to upgrade their compliance technology, Bayometric’s FINRA-certified platform provides a competitive edge by improving accuracy, reducing overhead, and speeding up onboarding processes.

To learn more about the certified Live Scan software and how it supports FINRA’s EFS requirements, visit Bayometric.

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