JP Morgan Requires Fingerprint or Eye Scans for Corporate HQ Admission
The financial institution has informed employees working at its state-of-the-art corporate base in New York that they have to share their physical characteristics to gain entry the multibillion-dollar skyscraper.
Move from Discretionary to Compulsory
The banking corporation had previously intended for the enrollment of employee biometrics at its Manhattan high-rise to be optional.
Nevertheless, staff of the biggest American bank who have commenced employment at the new headquarters since August have been sent electronic messages stating that biometric entry was now "mandatory".
The Technology Behind Entry
The new entry system necessitates staff to provide their fingerprints to gain access entry points in the main floor instead of swiping their ID badges.
Office Complex Information
The main office building, which allegedly was built for $3 billion to construct, will ultimately act as a workplace for 10,000 employees once it is entirely staffed later this year.
Security Rationale
The financial company did not provide a statement but it is assumed that the employment of biometric data for admission is intended to make the facility better protected.
Special Cases
There are exceptions for some employees who will continue to have the option to use a ID card for access, although the requirements for who will utilize more conventional entry methods remains unclear.
Supporting Mobile Applications
Complementing the deployment of biometric readers, the company has also released the "Work at JPMC" smartphone application, which acts as a digital badge and hub for worker amenities.
The application enables staff to handle guest registration, use indoor maps of the facility and pre-order dining from the facility's multiple on-site dining vendors.
Broader Safety Concerns
The introduction of tighter entry controls comes as business organizations, notably those with substantial activities in New York, look to increase security following the incident of the chief executive of one of the US's largest health insurers in recent months.
The CEO, the head of the insurance giant, was the victim of the attack not far from the bank's location.
Potential Wider Implementation
It is not known if the financial firm plans to introduce the biometric system for staff at its locations in other major financial centres, such as the UK capital.
Corporate Surveillance Context
The move comes amid debate over the implementation of technology to track workers by their employers, including tracking physical presence metrics.
Earlier this year, all the bank's employees on flexible arrangements were directed they are required to come back to the physical location on a daily basis.
Leadership Viewpoint
The organization's head, the financial executive, has characterized the bank's state-of-the-art tower as a "impressive representation" of the company.
Dimon, one of the global financial leaders, this week alerted that the likelihood of the American markets experiencing a decline was far greater than many market participants believed.