India Bank Gets ATM Biometrics
SBI Chief General Manager of Gujarat H C Pattnaik said, "The orders for biometric ATM's have been placed and we expect to install 150 such machines initially in important districts and talukas of the state by March end this year."
With identity theft and other forms of financial fraud on the rise, I expect to be seeing announcements like this more and more. Finger print verification is one way to go. Another is to use facial recognition to do the same thing. That approach has the benefit of being generally viewed as less intrusive from a privacy standpoint, and since it also requires banks to invest in the quality of their ATM cameras, it would also enhance a banks general surveillance capabilities.
Labels: ATM, Banking, Biometrics
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