In the Technology and Money news segment on NBC News Scott Budman reports that every time when some one buys a house, a car or anything for that matter one’s personal financial information is compromised. He goes on to say that Identity theft has become a common problem.

     He interviews Ken Burns, the CEO of Technology Credit Union (TCU) in this news segment. Ken says that TCU has installed thumb print readers which use bio-metric technology to validate the identity of its customers. These bio-metric devices are used by thousands TCU customers. He adds that when a customer presses down his or her thumb the identity of the customer is immediately is known by the financial institution and prevents fraudulent transactions. is known by the financial institution and prevents fraudulent transactions. Scott concludes the segment by stating that the company making these identity theft solutions is IDMetrics.

    Headquartered in Silicon Valley, California, IDMetrics provides identity management security software and services that result in unified security solutions, more secure network access and more secure transactions.