Polish bank first with biometric ATMs in Europe
13 May, 2010
category: Biometrics, Financial
BPS, a Polish bank, has become the first European bank to offer the use of ATMs that accept biometrics in lieu of traditional PINs with the launch of ATMs that utilize finger-vein biometrics to authenticate an individual’s identity, according to an article from The Register.
BPS customers who intend to use the new technology still use the same bank cards, but now have the option to register their finger vein pattern instead of using their PIN to access their account.
Officials from the bank expect that the new technology will help all their customers in better protecting their accounts from scammers or thieves, but further expect the system to be especially helpful to retirees that need to use the machines to get cash. BPS expects to have two or three more machines installed in Warsaw by the end of the year and hopes to have the total number available across Poland to be as many as 200 eventually.
Read the full story here.