JP Morgan Requires Fingerprint or Eye Scans for Headquarters Access
The banking leader has told personnel assigned to its recently built headquarters in Manhattan that they must submit their biometric data to access the multibillion-dollar structure.
Shift from Voluntary to Mandatory
The financial firm had originally intended for the enrollment of physical identifiers at its Manhattan tower to be discretionary.
Nevertheless, staff of the biggest American bank who have commenced employment at the corporate hub since this summer have received communications stating that biometric entry was now "mandatory".
Understanding the Biometric System
Biometric access demands employees to scan their hand geometry to pass through entry points in the main floor rather than swiping their ID badges.
Building Specifications and Capacity
The corporate tower, which apparently was built for $3 billion to construct, will ultimately serve as a workplace for 10,000 staff members once it is completely filled in the coming months.
Safety Justification
The financial company did not provide a statement but it is assumed that the use of physical identifiers for access is intended to make the building better protected.
Exemption Provisions
There are special provisions for specific personnel who will still be able to use a traditional pass for admission, although the criteria for who will employ more conventional entry methods remains undefined.
Supporting Mobile Applications
In addition to the implementation of palm and eye scanners, the organization has also launched the "Work at JPMC" smartphone application, which serves as a virtual ID and center for staff resources.
The application enables employees to coordinate guest registration, explore indoor maps of the premises and arrange in advance meals from the facility's 19 food service providers.
Broader Safety Concerns
The implementation of stricter access protocols comes as US corporations, especially those with significant operations in the city, look to strengthen protection following the shooting of the top executive of one of the leading healthcare providers in recent months.
Brian Thompson, the head of the healthcare company, was the victim of the attack not far from the financial district.
Future Expansion Possibilities
It is not known if JP Morgan intends to introduce biometric access for staff at its branches in other major financial centres, such as the British financial district.
Employee Tracking Developments
The action comes within discussion over the use of technology to track workers by their companies, including tracking physical presence metrics.
In recent months, all the bank's employees on flexible arrangements were instructed they must return to the office full-time.
Management Commentary
The bank's chief executive, Jamie Dimon, has described the bank's new tower as a "impressive representation" of the organization.
The banker, one of the global financial leaders, this week cautioned that the chance of the US stock market facing a downturn was much more substantial than many financiers anticipated.