In a major advancement for regulatory compliance in the financial industry, Bayometric has achieved certification from the Financial Industry Regulatory Authority (FINRA) for its Electronic Fingerprint Submission (EFS) system. This recognition positions the company as a trusted provider of live scan fingerprinting technology for broker-dealers, funding portals, and financial service firms navigating complex background check requirements.

As regulatory pressures continue to mount, firms are seeking streamlined solutions that minimize friction in the hiring and licensing process. FINRA’s EFS program was designed to eliminate delays and reduce errors by allowing certified vendors to submit fingerprints directly to the FINRA Central Registration Depository (CRD). Bayometric now stands among a select few national vendors approved to offer this direct integration.

Cutting the Red Tape in Fingerprint Submission

Fingerprint background checks have long been a pain point for financial services firms. Traditional methods—ink-based fingerprinting, manual data entry, and physical mail submissions—are notoriously slow and error-prone. These bottlenecks often delay onboarding and regulatory approval timelines.

With its new certification, Bayometric brings a digital-first solution that captures, formats, and securely transmits fingerprints within days—not weeks. The software meets the FBI’s stringent image quality requirements and adheres to FINRA’s encryption and validation protocols, reducing rejection rates and improving processing efficiency.

Designed for Accuracy, Security, and Speed

The software’s core strength lies in its automation and built-in intelligence. It not only ensures fingerprints are captured in the correct format, but it also performs real-time quality checks to prevent incomplete or low-quality submissions. This greatly reduces the chance of costly resubmissions, which can delay hiring or licensing approvals.

Additionally, secure encryption protocols protect sensitive biometric data during transmission. The software interfaces directly with FINRA’s systems, ensuring every submission is compliant with the latest standards in data integrity and information security.

A Solution for Compliance Professionals

For compliance officers and HR teams responsible for licensing and background checks, Bayometric offers more than convenience—it provides peace of mind. By simplifying a traditionally manual task, the solution frees up valuable resources and minimizes the risk of regulatory delays. It also reduces the administrative burden on internal teams by eliminating the need for third-party fingerprint vendors or outdated equipment.

Whether firms are filing a Form U4 for a new representative or completing a renewal process, certified EFS submission ensures they remain on schedule—and on the right side of regulatory expectations.

Innovation Beyond Certification

While FINRA EFS certification is a major accomplishment, it represents just one part of Bayometric’s broader mission. The company has a long-standing reputation for delivering secure biometric solutions across industries and is also certified under the FBI’s Appendix F standards. This dual certification underscores its commitment to offering trusted, high-performance products in regulated environments.

As digital identity verification becomes increasingly central to the financial world, Bayometric is poised to remain a leader in secure, scalable, and compliant fingerprinting solutions. For firms looking to upgrade their onboarding process and meet compliance demands with confidence, Bayometric offers a future-ready platform backed by proven results.