JP Morgan Requires Fingerprint or Eye Scans for Headquarters Entry
The financial institution has informed staff members working at its recently built main office in NYC that they must share their physical characteristics to access the high-value skyscraper.
Move from Discretionary to Compulsory
The investment bank had previously planned for the enrollment of employee biometrics at its recently opened high-rise to be voluntary.
Yet, staff of the US's largest bank who have begun work at the main office since August have received electronic messages stating that physical scan entry was now "mandatory".
The Technology Behind Entry
Biometric access necessitates personnel to provide their eye patterns to enter entry points in the lobby instead of swiping their ID badges.
Office Complex Information
The corporate tower, which apparently cost three billion dollars to develop, will eventually serve as a base for thousands of employees once it is completely filled in the coming months.
Security Rationale
JP Morgan opted not to respond but it is assumed that the employment of biological markers for entry is created to make the premises safer.
Alternative Access Methods
There are special provisions for some employees who will continue to have the option to use a ID card for admission, although the requirements for who will use more traditional ID access remains undefined.
Supporting Mobile Applications
In addition to the introduction of biometric readers, the organization has also released the "JPMC Work" smartphone application, which acts as a virtual ID and portal for worker amenities.
The app allows employees to handle guest registration, explore indoor maps of the building and arrange in advance food from the premises' nineteen on-site dining vendors.
Security Context
The deployment of tighter entry controls comes as business organizations, particularly those with significant operations in NYC, look to increase security following the shooting of the CEO of one of the US's largest health insurers in July.
The CEO, the leader of the healthcare company, was killed in the incident not far from the financial district.
Potential Wider Implementation
It is uncertain if the financial firm plans to deploy biometric access for staff at its branches in other key banking hubs, such as the UK capital.
Employee Tracking Developments
The move comes within debate over the use of systems to monitor employees by their employers, including monitoring workplace presence.
Earlier this year, all the bank's employees on flexible arrangements were instructed they are required to come back to the workplace on a daily basis.
Leadership Viewpoint
The bank's chief executive, the prominent banker, has referred to the bank's recently opened skyscraper as a "impressive representation" of the institution.
Dimon, one of the global financial leaders, recently warned that the chance of the American markets experiencing a decline was far greater than many investors thought.