India gets its first batch of biometric ATMs.
23 January, 2007
category: Biometrics, Financial
Fifteen biometric ATM machines were installed earlier this week in five districts in southern India. The scanner kiosks are forecasted to service over 100,000 people who will scan their fingerprints rather than swiping a card and inputting a PIN number. According to Financial Software and Systems the country is scheduled to increase the number of ATMs from 35,000 to 100,000 in the next three years, which is forcing security companies to keep a watchful eye on these experimental runs. “Many banks here are keen on this idea of doing away with ATM cards,” said Sunil Udupa, CEO of AGS Infotech, the company supplying the first batch of ATMs to the five districts in India. “Whether it is practically possible is a very different question, but the interest is huge.”
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